Air Cushion Packaging Market Report 2019-25: Size, Share, Growth, Trends, Demand and Forecast | Grand View Research, Inc.

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Air Cushion Packaging Market Report 2019-25: Size, Share, Growth, Trends, Demand and Forecast | Grand View Research, Inc.

October 18
22:24 2021
Air Cushion Packaging Market Report 2019-25: Size, Share, Growth, Trends, Demand and Forecast | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, the market is driven by increasing consumer spending through e-commerce platforms, high payouts, and consumer preference for environment-conscious brands.

The global air cushion packaging market size is projected to be valued at USD 4.4 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 7.0% over the forecast period. This growth in demand can be attributed to rising importance of high degree of protection of goods from harsh transit conditions and surfaces, along with offering flexibility in various other applications.

Air cushions are dual-material custom packaging solutions usually made up of polyethylene and filled with air. Consumer shift from using bubble wraps to air cushions for packing has been observed in recent years, majorly due to their sustainability and ease of use. Air pillows also take up less of space in warehouses, thus reducing storage cost and improving optimal usage of space.

Based on functionality, void filling is the dominant segment and is expected to witness strong growth over the forecast period. Air cushions are the optimal solution for closing up gaps between secondary and tertiary packaging. In addition, they offer flexibility to control the air pressure inside the packing depending on its application.

In terms of end-user application, the consumer electronics and appliances segment is anticipated to register a CAGR of 8.0% during the forecast period. Soaring online sales of consumer electronics through various e-commerce websites is the primary factor driving this segment. Electronics require high levels of protective packaging due to their fragility.

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/air-cushion-packaging-market

Air Cushion Packaging Market Report Highlights

• The global air cushion packaging market is anticipated to reach USD 4.4 billion by 2025, on account of increasing demand for protective packing solutions from vendors trying to minimize transit damage losses

• Void filling functionality is expected to be the fastest growing segment, which can be attributed to growing use of dual packaging solutions used by vendors to minimize cost of product delivery and lower the chances of returns from customers

• The beauty and personal care end-user segment held the dominant share in 2018 and will amount to USD 965.3 million in 2025. An increasing number of consumers have been purchasing personal care products online, which spurs the demand for effective packing solutions

• Asia Pacific emerged as the largest regional market. This growth can be attributed to increasing awareness among consumers toward environmental sustainability and adopting mechanisms and materials that cause minimal damage to the environment

• The vendor landscape is fragmented with the presence of numerous participants. Key players operating in the market include Pregis; Sealed Air Corp; 3G Packaging Inc.; Abriso NV; Atlantic Packaging; and Shandong Xinniu.

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Air Cushion Packaging Market Segmentation                                                                                                    

Grand View Research has segmented the global air cushion packaging market on the basis of functionality, end user, and region:

Air Cushion Packaging Functionality Outlook (Revenue, USD Million, 2014 – 2025)    

    • Void Filling                                          

    • Block & Bracing

    • Wrapping                                                  

    • Corner Protection       

Air Cushion Packaging End-user Outlook (Revenue, USD Million, 2014 – 2025)

    • Consumer Electronics & Appliances                                                        

    • Home Décor & Furnishings

    • Beauty & Personal Care

    • Food & Beverages

    • Pharmaceutical & Medical Devices

    • Others

Air Cushion Packaging Regional Outlook (Revenue, USD Million, 2014 – 2025)            

     • North America       

        • U.S.

     • Europe

        • Germany

        • U.K.

     • Asia Pacific

        • China

        • India

        • Japan

     • Central & South America

        • Brazil

     • Middle East & Africa

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/7024/ibb

About Grand View Research

Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.

Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients. 

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