Global Air Bag Packaging Market Research Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Packaging
Publisher : MRA | Format : PDF
Global Air Bag Packaging Market Research Report 2024
Airbag packaging is a flexible packaging that is a recyclable cushioning protective packaging that provides a high degree of protection for fragile items from shocks in transit, for express and packaging, wrapping products or laying in boxes. Airbag packaging isolates the product from the packaging container to prevent damage from direct contact with the packaging container.
According to MRAResearch’s new survey, global Air Bag Packaging market is projected to reach US$ 1891.8 million in 2029, increasing from US$ 1223 million in 2022, with the CAGR of 5.5% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Air Bag Packaging market research.
Rising personal disposable income coupled with increasing demand for FMCG and electronics driven by improved lifestyles are the major factors accelerating the market growth. In addition, the ability of air bags to withstand pressure and strain during cargo storage and transportation is also adding impetus to the growth of the air cushion packaging market. Furthermore, the cost-effectiveness and flexibility of these air cushions coupled with the growing consumer preference for eco-friendly packaging materials are expanding the airbag packaging market prospects. Traditional packaging materials such as foam and textiles are environmentally harmful because they are difficult to dispose of. In addition, they have a large carbon footprint when burned. Hence, air cushion packaging is being adopted by end-use industries to efficiently pack and transport goods in order to minimize pollution levels. Moreover, government initiatives to encourage the use of environmentally friendly products are also adding impetus to the growth of the airbag packaging market segment. An increase in the per capita income of individuals in emerging economies leads to an increase in their purchasing power. This, in turn, has accelerated the growth of the e-commerce industry, which is one of the major users of airbag packaging materials. With the surge in product orders, it is expected that the demand for airbags will rise among various e-commerce companies.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Air Bag Packaging market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Sealed Air
Pregis
Smurfit Kappa
Automated Packaging Systems
Macfarlane
Polyair Interpack
Inflatable Packaging
O F Packaging
Advanced Protective Packaging
Free-Flow Packaging International
A E Sutton
Easypack
Uniqbag
Green Light Packaging
Aeris Protective Packaging
Segment by Type
Bubble Wraps
Inflated Packaging Bags
Air Pillows
Others
Automotive
Electrical & Electronics
E-Commerce
Shipping & Logistics
Others
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The Air Bag Packaging report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source
According to MRAResearch’s new survey, global Air Bag Packaging market is projected to reach US$ 1891.8 million in 2029, increasing from US$ 1223 million in 2022, with the CAGR of 5.5% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Air Bag Packaging market research.
Rising personal disposable income coupled with increasing demand for FMCG and electronics driven by improved lifestyles are the major factors accelerating the market growth. In addition, the ability of air bags to withstand pressure and strain during cargo storage and transportation is also adding impetus to the growth of the air cushion packaging market. Furthermore, the cost-effectiveness and flexibility of these air cushions coupled with the growing consumer preference for eco-friendly packaging materials are expanding the airbag packaging market prospects. Traditional packaging materials such as foam and textiles are environmentally harmful because they are difficult to dispose of. In addition, they have a large carbon footprint when burned. Hence, air cushion packaging is being adopted by end-use industries to efficiently pack and transport goods in order to minimize pollution levels. Moreover, government initiatives to encourage the use of environmentally friendly products are also adding impetus to the growth of the airbag packaging market segment. An increase in the per capita income of individuals in emerging economies leads to an increase in their purchasing power. This, in turn, has accelerated the growth of the e-commerce industry, which is one of the major users of airbag packaging materials. With the surge in product orders, it is expected that the demand for airbags will rise among various e-commerce companies.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Air Bag Packaging market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Sealed Air
Pregis
Smurfit Kappa
Automated Packaging Systems
Macfarlane
Polyair Interpack
Inflatable Packaging
O F Packaging
Advanced Protective Packaging
Free-Flow Packaging International
A E Sutton
Easypack
Uniqbag
Green Light Packaging
Aeris Protective Packaging
Segment by Type
Bubble Wraps
Inflated Packaging Bags
Air Pillows
Others
Segment by Application
Automotive
Electrical & Electronics
E-Commerce
Shipping & Logistics
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The Air Bag Packaging report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source