Abstract: A laminated protective wrap having a single-faced or double-faced hard outer layer and a shock absorbing inner layer adhered thereto, for protecting goods shipped on spools or coils. The absorbing inner layer may be rigidly adhered to or removably adhered to the hard outer layer. The laminated protective wrap can include transverse cuts through the hard outer layer to permit bending of the laminated protective wrap in order to facilitate wrapping large objects. The degree of shock absorption is easily adjusted by varying the thickness and/or material of the hard outer layer or the shock absorbing inner layer.