Global Air Cushion Packaging Market, By Product Type (Air Pillow Cushion Bubble Wrap Machine), Functionality (Void Filling, Blocking and Bracing, Wrapping, Corner Protection), End User (Consumer Electronics and Appliances, Home Decor and Furnishings, Beauty and Personal Care, Food and Beverages, Pharmaceutical and Medical Devices, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Air Cushion Packaging Market
Air cushion packaging market size is expected to grow at a compound annual growth rate of 7.00% for the forecast period of 2021 to 2028. Data Bridge Market Research report on air cushion packaging market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Air cushion is a type of packaging material made up of polyethylene and is extensively used for packaging of variety of products such as pharmaceuticals, electronics, automobile components and consumer products. It is a twofold material tailor made solution for plastic film bag and corrugated box which is particularly filled with an air.
The air cushion packaging market is rising in demand due to increasing demand from packaging industry and rising demand for safer packaging solutions. The increasing consumer spending through e-commerce platforms, high payouts and rising consumer preference for environment conscious brands which is also highly impacting the growth of the air cushion packaging in the forecast period of 2021 to 2028. The increasing demand for safe and proficient packaging solutions that provide enhanced transit safety to products by offering functionality also anticipated to flourish the demand of the air cushion packaging market owing to the above mentioned reasons and is also is projected to grow substantially during the forecast period. Furthermore, the developing consumer lifestyle and rising demand for consumer electronics are also expected to push the growth of air cushion packaging market in the above mentioned forecast period.
The major factor which actively drives the demand of air cushion packaging market is the rapid increase in disposable incomes as well as rapidly rising environmental concerns in packaging. Likewise, the rapid increase in demand for secondary packaging as well as increased penetration of e-commerce will further offer various growth opportunities for the growth of air cushion packaging market over the forecast period of 2021 to 2028.
However, the growing use of alternate packaging material such as textile packaging products, paper packaging products and traditional foam packaging products which is also expected to impede the growth of the air cushion packaging market in the above mentioned forecast period, whereas the easy availability of substitutes have the potential to challenge the growth of the air cushion packaging market.
This air cushion packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on air cushion packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Air Cushion Packaging Market Scope and Market Size
Air cushion packaging market is segmented on the basis of product type, functionality and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the air cushion packaging market is segmented into air pillow cushion bubble and wrap machine.
- Based on functionality, the air cushion packaging market is segmented into void filling, blocking and bracing, wrapping and corner protection.
- The end user segment for air cushion packaging market is segmented into consumer electronics and appliances, home decor and furnishings, beauty and personal care, food and beverages, pharmaceutical and medical devices and others.
Air Cushion Packaging Market Country Level Analysis
Air cushion packaging market is analyzed and market size, volume information is provided by country, product type, functionality and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the air cushion packaging market because of the shifting consumer inclination, penetration of e-commerce, increasing disposable incomes and rising demand for consumer electronics within this region. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rising sales of products through e-commerce websites and growing consumer’s preference for convenient and safer transit solutions in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Air Cushion Packaging Market Share Analysis
Air cushion packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to air cushion packaging market.
The major players covered in the air cushion packaging market report are DynaCorp, Pregis LLC, Sealed Air, Smurfit Kappa, Atlantic Packaging, 3G Packaging, Airfil Protective Packaging Ltd., STOROPACK HANS REICHENECKER GMBH, Automated Packaging Systems, LLC, iVEX Packaging, Macfarlane Group UK Ltd, Qualpack Ltd, Intertape Polymer Group, Guangzhou Packbest Air Packaging Co., Ltd., Jaineeket Enterprises, Aiirpack, COMPAK, Packman Packaging Private Limited, Hanchett Paper Company and Veritiv Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Air Cushion Packaging Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.