Sealed Air was founded in 1960 with the invention of Bubble Wrap air cellular cushioning. The company is now a leading global manufacturer of a wide range of food, protective and specialty packaging materials and systems. As well as Bubble-Wrap, the company is also responsible for such brands such as Jiffy protective envelopes and Cryovac food packaging products. With two reportable business segments, Food Packaging and Protective and Specialty Packaging, the group operates and distributes its products in the United States and in 49 other countries.