Category

Inflatable Packaging Market - Forecast From 2019 To 2024

120 pages
Published on : Jun 2019
Report Code : KSI061612682

Description

Inflatable Packaging is a type of flexible packaging used for void filling and protective packaging of goods which are prone to breakage while transportation and storage. The rising sales of products through online medium is a key factor augmenting the market growth for the inflatable packaging market. The growing e-commerce industry coupled with increasing preference for protective packaging is expected to boost the market growth of inflatable packaging in the upcoming years. Further, the growing emphasis of government on use of biodegradable material for packaging is anticipated to widen-up the market opportunities resulting in growth of inflatable packaging market during the forecast period. The inflatable packaging market is segmented on the basis of material type. Product type, end user and geography. In the product type segment, bubble wraps are expected to witness a significant growth owing to the growing e-commerce industry. In the end user segment, the e-commerce and the electronics industry are anticipated to witness a substantial growth owing to the rising preference for protective packaging by these industries. Geographically, Asia-Pacific region is projected to be a dominant share holder in the inflatable packaging market on account of the rising e-commerce and logistics industry. Europe and North America are also anticipated to witness a steady growth during the forecast period.

DRIVERS

Growing E-commerce and Logistics industry.

Growing preference for protective packaging.

RESTRAINTS

Strict government regulations regrading use of plastic

INDUSTRY UPDATES

In July 2018, Pregis LLC, a leading manufacturer of innovative protective packaging materials, equipment systems and surface protection, acquired Free-Flow Packaging International Inc. Fermont, California.

In March 2018, Pregis LLC launched Inspyre protective packaging with color options to support brands, create curated unboxing experiences.

Some of the major players profiled in the Inflatable Packaging market include Sealed Air Corporation, FROMM Packaging Systems, Pregis LLC, Smurfit Kappa Group, Automated Packaging Systems Inc., Inflatable Packaging Inc., Macfarlane Group PLC.

Segmentation

The Inflatable Packaging market has been analyzed through the following segments:

By Material Type

PET

Polyethylene

Polyamide

By Product type

Air Bags

Bubble Wraps

By End User

Electronics

E-Commerce

Cosmetics

Healthcare

Automotive

Others

By Geography

North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

Germany

France

United Kingdom

Spain

Others

Middle East and Africa

Saudi Arabia

Israel

Others

Asia Pacific

China

Japan

South Korea

India

Others

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