Inflatable Packaging Market To Power Swiftly And Reach US$ 4.7 Billion by 2032
As per Zion Market Research, The global inflatable packaging market size is set to reach a valuation of US$ 2.6 Billion in 2022, and register a CAGR of 6.0% from 2022 to 2032. The market is projected to reach US$ 4.7 Billion by 2032. The inflatable packaging market revenues are expected to grow at a fast pace with the top 5 companies estimated to hold 20–25% of the global inflatable packaging market by the end of 2022.
Cost-Effective Goods Provided By Inflatable Packaging Solutions To Power The Growth Of The Global Inflatable Packaging Market
The increasing requirement for defensive packaging solutions is one of the primary factors expected to power the development of the global market for inflatable packaging in the coming years. The inflatable packaging goods are extremely effective in terms of security and stabilizing at the time of transportation, which is expected to power the development of the global market in the years to come. Moreover, the low price of these goods is believed as one of the other major factors expected to power the development of the global market in the coming years. In addition to this, the increasing awareness amongst people related to the eco-friendly properties of inflatable packaging goods is expected to create potential growth avenues for the industry players in the long run.
North America To Clock Maximum Growth And Power The Global Inflatable Packaging Market
The global inflatable packaging market has been segment based on region into Latin America, Asia Pacific, Europe, the Middle East and Africa, and North America. In the past years, North America dominated the global market and is expected to sustain the same place in the coming period. Europe is expected to follow in terms of market share. As per Zion Market Research, this region is expected to clock a strong CAGR of more than 3.5% by the end of 2025. In addition to this, Asia Pacific is expected to show a promising development pace in the coming years, due to the development prospects in various up-and-coming nations.
Major players active in the market are -
- Macfarlane Group plc
- Automated Packaging Systems Inc.
- Inflatable Airpack
- Smurfit Kappa Group
- FROMM Packaging Systems Inc.
- Sealed Air Corporation
- Packaging Inc.
- Free-Flow Packaging International Inc.
- Aeris Protective Packaging Inc.
- Easypack Limited
- A E Sutton Limited
- Green Light Packaging Ltd.
- Uniqbag Lp.
- Polyair Inter Pack Inc.
The global inflatable packaging market is segmented as follows:
By Material Type
- PELDPEHDPE
- PA
- PET
- Others
By Packaging Type
- Bubble wrapsHigh GradeGeneral Bubble wrapsLow or limited gradeTemperature controlled and others
- Inflated packaging bags
- Air pillows
By End User
- Personal care and cosmetics
- Healthcare
- Homecare
- Automotive and allied industries
- Electrical & electronics
- E-Commerce
- Shipping and logistics
- Food & beverages
By Region
- North AmericaThe U.S.Canada
- EuropeFranceThe UKSpainGermanyItalyRest of Europe
- Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
- Latin AmericaBrazilMexicoRest of Latin America
- Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa
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