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.
Inflatable packaging refers to a type of packaging material that is filled with air or some other gas to create a cushion or barrier around the packaged item. The primary purpose of inflatable packaging is to protect fragile or delicate items during transportation or shipping. Inflatable packaging is made from various materials such as polyethylene, polyurethane, and nylon, among others.
The global inflatable packaging market is expected to experience significant growth in the coming years due to the increasing demand for protective packaging solutions across various industries. The rising trend of online shopping and e-commerce has resulted in an increase in the number of shipped goods, which in turn has led to a surge in demand for inflatable packaging.
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Competitive Landscape
Key players in the inflatable packaging market are trying to focus on increasing their sales and revenues by expanding their capabilities to meet the growing demand. Some of the other key players are striving to adopt the merger & acquisition strategy to expand their resources. They are also developing numerous innovative products to meet customer needs. Meanwhile, a handful of renowned players are focusing on upgrading their manufacturing facilities to cater to the surging consumer demand.
Some of the recent key developments in the inflatable packaging market by leading players are as follows –
- In April 2022, Pregis Corporation invested in its new European protective packaging innovation center, which will help the company to provide value-added service to its customers of protective packaging solutions.
- In 2020, Sealed Air Corporation reinvested its bubble wrap brand packaging by using 90 percent recycled content packaging material to address the sustainability concern.
Key Players:
- Sealed Air Corporation
- Pregis Corporation
- Smurfit Kappa Group
- Polyair Inc.
- Sutton Limited
- Uniqbag
- Green Light Packaging Ltd.
- Storopack Hans Reichenecker GmbH
One of the major advantages of inflatable packaging is its lightweight and cost-effective nature. Inflatable packaging is easy to handle and can be inflated on-demand, which means that it does not take up much space when not in use. Inflatable packaging is also recyclable and can be reused multiple times, making it an environmentally friendly option.
The Asia Pacific region is expected to witness significant growth in the inflatable packaging market due to the increasing demand for protective packaging solutions in countries such as China and India. The region has a significant presence of the e-commerce industry, which is driving the demand for inflatable packaging.
In conclusion, the inflatable packaging market is expected to witness significant growth in the coming years due to the increasing demand for protective packaging solutions across various industries. The lightweight and cost-effective nature of inflatable packaging, coupled with its eco-friendliness, make it an attractive option for businesses looking to ship their products safely and efficiently.
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Inflatable Packaging Market Outlook by Category
By Material Type:
- PP
- PE
- PA
- PET
By Packaging Type:
- Bubble Wraps
- Inflated Packaging Bags
- Air Pillows
By End Use:
- E-Commerce
- Shipping & Logistics
- Food & Beverages
- Healthcare
- Personal Care and Cosmetics
- Homecare
- Electrical & Electronics
- Automotive
- Other Consumers Goods
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