Ultra Market Research | Air Cushion film market Forecast Report, 2024 - 2031
Air Cushion Film Market Forecast Report 2024 - 2031: Key Trends and Growth Insights

Air Cushion film market Forecast Report, 2024 - 2031

  • Report ID : 427

  • Category : Automotive components

  • No Of Pages : 145

  • Published on: June 2024

  • Status: Published

  • Format : Power Point PDF Excel Word

Key Question Answer

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Global Market Outlook

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In-depth analysis of global and regional trends

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Analyze and identify the major players in the market, their market share, key developments, etc.

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To understand the capability of the major players based on products offered, financials, and strategies.

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Identify disrupting products, companies, and trends.

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To identify opportunities in the market.

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Analyze the regional penetration of players, products, and services in the market.

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Comparison of major players financial performance.

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Evaluate strategies adopted by major players.

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Recommendations

Air cushion film market Forecast Report, 2024 - 2031

Air cushion film market (Material: polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC); End-Use Industry:  packaging, transportation, construction, and Others;)

 

REPORT PREVIEW
The air cushion film refers to films made of plastic material that are inflated with air to create a cushion for packaging and shipping various products. The market is driven by factors such as the rise in e-commerce, the need for protective packaging, and the growth in the manufacturing and logistics industries. The market is highly competitive, with many established players and a range of product offerings, including biodegradable and recyclable options. The Asia-Pacific region is the largest market for air cushion films, followed by North America and Europe. The market is expected to continue to grow due to the increasing demand for protective packaging solutions in the e-commerce and logistics sectors.


Rise in e-commerce and online shopping
The growth of e-commerce and online shopping has led to a significant increase in the demand for air cushion films. These films are widely used for packaging and shipping a variety of goods, including consumer electronics, clothing, and other products bought online. The trend is expected to continue as more consumers shop online and e-commerce businesses continue to expand.


Need for protective packaging for delicate and fragile items during shipping and handling
Need for protective packaging for delicate and fragile items during shipping and handling: Air cushion films provide excellent protection to delicate and fragile items during shipping and handling. They are designed to absorb shocks and protect goods from impact, vibration, and other types of damage. This need for protective packaging has led to increased demand for air cushion films.


Growth in the manufacturing and logistics industries
Growth in the manufacturing and logistics industries: Air cushion films are widely used in the manufacturing and logistics industries to protect goods during transportation and storage. As these industries continue to grow and expand, the demand for air cushion films is also increasing.


Increased demand for sustainable and eco-friendly packaging options
Increased demand for sustainable and eco-friendly packaging options: Many companies are seeking to reduce their environmental impact by using more sustainable and eco-friendly packaging options. Air cushion films are often made from recyclable materials and can be reused, making them an attractive option for companies looking to reduce waste.


Advancements in technology for air cushion film production and design
Advancements in technology for air cushion film production and design: The air cushion film industry has seen significant advancements in technology in recent years, leading to the development of new and innovative products. This has made air cushion films more versatile, durable, and effective at protecting goods during shipping and handling. These advancements in technology have also led to cost savings, making air cushion films a cost-effective packaging option for many businesses.


Consultant point of view  

According to analysts, the Air cushion film market is projected to grow at a CAGR of X% during the forecast period of 2021-2031, crossing US$X billion by 2031. The global air cushion film market presents numerous opportunities for growth and development, including the increased adoption of biodegradable and eco-friendly air cushion films, which align with the growing emphasis on sustainability. Another opportunity for the market is the increasing demand for customized air cushion films that can cater to specific needs of various industries, such as the food and beverage, pharmaceutical, and electronics industries. Additionally, the rise in cross-border e-commerce is expected to drive the demand for air cushion films in regions such as Asia-Pacific and Europe. Moreover, advancements in technology and the introduction of smart air cushion films that can monitor and report on temperature, humidity, and other environmental factors can offer new opportunities for the market in various industries, including healthcare and pharmaceuticals. Finally, the increase in automation and the development of new manufacturing technologies will help manufacturers reduce production costs and expand their production capacity

 

Air cushion film market: Overview 

  • The air cushion film market is experiencing strong growth driven by the rise in e-commerce and the need for protective packaging solutions. Air cushion films are plastic materials that are inflated with air to create a cushion for packaging and shipping various products. The market is highly competitive, with many established players and a range of product offerings, including biodegradable and recyclable options.
  • The applications for air cushion films are numerous, ranging from protecting delicate electronic items to shipping perishable goods. Air cushion films provide excellent cushioning, shock absorption, and protection from impact, vibration, and other types of damage during transportation and handling. They are widely used in the manufacturing and logistics industries, as well as in the food and beverage, pharmaceutical, and electronics industries.
  • The drivers for the air cushion film market include the rise in e-commerce and online shopping, the need for protective packaging, the growth in the manufacturing and logistics industries, increased demand for sustainable and eco-friendly packaging options, and advancements in technology for air cushion film production and design. The market presents numerous opportunities for growth and development, including the increased adoption of biodegradable and eco-friendly air cushion films, the demand for customized air cushion films, the rise in cross-border e-commerce, the development of smart air cushion films, and the increase in automation and the development of new manufacturing technologies. The Asia-Pacific region is the largest market for air cushion films, followed by North America and Europe, and the market is expected to continue to grow due to the increasing demand for protective packaging solutions in the e-commerce and logistics sectors
     

Air cushion film: Market Drivers 

  • The global Air cushion film market is driven by several factors such as:
  • The growing importance of Air cushion film and its applications
  • The rise in investment, and product launch.
    Examples of such investments include:
  • In order to meet the rising demand for Automated Packaging Systems (APS) AUTOBAG brand solutions—a purchase Sealed Air closed in 2019—Sealed Air Corporation has committed more than $30 million in capital to increase worldwide manufacturing capacity and invest in new equipment systems.
  • Pregis, a major provider of protective packaging solutions, stated on June 15, 2022, that it will invest more than €10 million in multilayer PE film technology and manufacturing tools at its location in Heerlen, the Netherlands. With this investment, Pregis is able to continue to provide the packaging industry with cutting-edge sustainable solutions.
  • Therefore, the growth of global Air cushion film market is driven by the increase in investment, and product launch.

 

Market Segmentation: Air cushion film market     
The global Air cushion film market is segmented by end-use industry, and material.

  • By materials, the market is classified into polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC)
  • By end-use industry the market is segmented into packaging, transportation, construction, and Others
  • Each of these segments have been analyzed in detail for market trends, recent trends, and developments, drivers, restraints, opportunities, and useful insights. The Air cushion film market report provides current and expected revenue (US$ Mn) for each of these segments from 2021 to 2031, considering 2020 as the base year. The compound annual growth rate (percentage CAGR) has been provided for each segment and market from 2021 to 2031 along with market size estimations

 

Regional Overview: Air cushion film market

  • Global Air cushion film market is segmented by region, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, which have been further divided into major countries and sub-regions
  • Asia-Pacific region is currently experiencing the highest growth in the air cushion film market. The region is expected to maintain this trend in the coming years, primarily due to the rapid growth of the e-commerce industry and the increasing demand for protective packaging solutions in the region.
  • Report provides the current and expected market revenue (US$ Mn) of these regional markets and their major countries from 2024 to 2031, with their CAGRs from 2024 to 2031

Study also offers a list of recommendations, highlights, and useful insights of the global Air cushion film market, which can help new companies entering the market and existing companies to increase market shares and in the decision-making process

 

Major Players    

The Air cushion film market report concludes with the company profiles section, which includes key information about major players in the global Air cushion film market
Leading players analyzed in the report include

 

  • Sealed Air Corporation
  • Pregis LLC 
  • Automated Packaging Systems, Inc.
  • Storopack Hans Reichenecker GmbH
  • Macfarlane Group UK Ltd
  • Fromm Packaging Systems, Inc.
  • Airpack
  • iVEX Protective Packaging Inc.
  • Ecovative Design LLC
  • Rajapack Ltd
  • C. Adams & Sons Ltd
  • Sancell Pty Ltd
  • Polyair Inter Pack Inc.
  • Suzhou Star New Material Co., Ltd.
  • Wuhan Jiade Packaging Co., Ltd.


The Air cushion film market report includes profiles of the major players in the market based on key parameters such as company overview, financial overview, business strategies, application portfolio, business segments, and recent developments


Air cushion film market – Segmentation      

UMR's study on the Air cushion film market includes information segmented into three categories: material, end-use industry, and region. The report covers in-depth analysis of evolving industry trends and key market dynamics related to these segments of the global Air cushion film market    

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