04-Oct-2024 | Zion Market Research
As per Zion Market Research, the global Inflatable Packaging Market was worth USD 2.67 Billion in 2023. The market is forecast to reach USD 4.86 Billion by 2032, growing at a compound annual growth rate (CAGR) of 6.87% during the forecast period 2024-2032.
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., and Polyair Inter Pack Inc.
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.
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 6.87% by the end of 2032. 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.
Browse the full “Inflatable Packaging Market - by Packaging Type (Inflated Packaging Bags, Bubble Wraps (General Bubble Wraps, High Grade, Temperature Controlled, and Low or Limited Grade), and Air Pillows), By Material Type (PA, PE (HDPE & LDPE), and PET), By End-use (Healthcare, Personal Care and Cosmetics, Automotive and Allied Industries, Homecare, E-commerce, Electrical & Electronics, Food & Beverages, and Shipping and Logistics) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/inflatable-packaging-market
By Material Type
By Packaging Type
By End User
By Region
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