Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on the inflatable packaging market provides in-depth
analysis of segments and sub-segments in the global as well as regional
inflatable packaging market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional inflatable
packaging market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global
inflatable packaging market. According to the report, the global inflatable
packaging market is projected to reach over USD 3.7 Billion by 2027 from USD
2.4 Billion in 2020, growing with a CAGR of 6.4% over the forecast period of
2021-2027.
Inflatable packaging is known to
be the most protective and environmentally friendly for packing breakable items.
Due to its enhanced flexibility, inflatable packaging is a favorite among
wholesalers, distributors, retailers, and manufacturers across the world. The
materials used for inflatable packaging include plastic bags or pillows and
provide an advanced level of volume capacity. Environment friendly in its
nature inflatable packaging and its lightweight property will grow in the
inflatable packaging market over the ensuing years. The inflatable packaging market
is segmented into paper, polyethylene (PE), polypropylene (PP), polyvinyl
chloride (PVC) on basis of material type, on packaging type segmented into
inflated packaging bags, air pillows and bubble wraps, and on end user type
segmented cosmetic, food and beverages, shipping & logistics,
pharmaceutical.
The rise in the awareness about
inflatable packaging is the major factor for the market growth and also rise in online sales due to thriving ecommerce & digital retail activities and
increase in the use of inflatable packaging in pharma and cosmetic sectors are
the major factors for the growth of inflatable packaging market. Globally, the
increasing number of internet users are increasingly preferring online retail
channels for convenience, the packaging is quite effective and provides the goods
being transported with a high degree of protection & security as well as
stability Low price of products is estimated to come up another growth-promoting factor for the market in near future. Majority of customers in the
observed ordering food and beverages through online shopping apps, resulting in
increased demand packaging. The delivery of goods requires safe packaging to
prevent damage during handling and transportation. This is acting in favor of
the inflatable packaging market.
Among the regions, North America
occupies the largest share in the global Inflatable Packaging Market, due to
rise in the online sales and thriving ecommerce & digital retail activities
has increased in the use of inflatable packaging in pharma and cosmetic sectors
in this region. However, the Asia Pacific (China) region is anticipated to
grow with the highest rate in the global Inflatable Packaging market over the
forecast period. East Asia represents a highly promising region due to a
rapidly expanding food & beverage and healthcare industry. China is slated
to pivot the majority of the growth in the forthcoming decade.
The report on the global inflatable
packaging market covers segments such as material type, packaging type, and end
user. On the basis of material type, the sub-markets include PE, PA, and PET.
On the basis of packaging type, the sub-markets include bubble wrap, inflated
packaging bags, and air pillows. On the basis of end user, the sub-markets
include personal care and cosmetics, homecare, healthcare, automotive and
allied industries, electrical and electronics, shipping and logistics, and food
and beverages.
The report provides profiles of
the companies in the market such as Smurfit Kappa Group, Sealed Air
Corporation, Pregis Corporation, Storopack Hans Reichenecker GmbH, FROMM
Packaging Systems Inc., Automated Packaging Systems Inc., Macfarlane Group plc,
Polyair Inter Pack Inc., Inflatable Packaging Inc., and Omniverse Foster
Packaging Group.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the inflatable packaging market. Moreover, the study highlights current
market trends and provides forecast from 2021-2027. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.
Please Choose One of them.