Press release
Latex Balloons Market to Witness Robust Expansion by 2023
Latex Balloons are air-tight bags made out of latex a light material that can be inflated with air or other gas. The ordinary air, or other gases such as helium, can be forced into them for expansion purposes. Latex balloons are available in all kinds of shapes, sizes, and colors to delight children and adults at birthday parties and other festive occasions or used as a tool of advertisement.
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Global Latex Balloons Market: Forecast by Type / Application / Region
The global latex balloons industry mainly concentrates in China, North America, Europe and Asia (except China). Europe is the largest consumption market, followed by Asia (except China). The global are rather scattered, the global leading players in this market are Gemar Balloons, Pioneer Balloon, Amscan, BELBAL, Xingcheng and CTI Industries, which only accounts for about 20 % of total production value. In China the market mainly concentrates in Hebei, the leaders are Xingcheng, Colour Way and Guohua Latex Products.
Despite the presence of competition problems, due to the global recovery trend is clear, the reduction in the price of head up display, the rising disposable income and customers’ expectations for enhanced safety, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.
Over the next five years, LPI(LP Information) projects that Latex Balloons will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
Global Latex Balloons Market: Key Players
Gemar Balloons
Pioneer Balloon
Amscan
BELBAL
Xingcheng
CTI Industries
Maple City Rubber
Colour Way
Balonevi
BK Latex
Tailloon
Guohua Latex Products
Angkasa
Tongle Latex Products
Rubek Balloons
Hengli Latex Products
York Impex
Jaya Latexindo Internusa
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Related Information:
United States Latex Balloons Market Research Report 2018
Europe Latex Balloons Market Research Report 2018
North America Latex Balloons Market Research Report 2018
Asia-Pacific Latex Balloons Market Research Report 2018
China Latex Balloons Market Research Report 2018
EMEA Latex Balloons Market Research Report 2018
Global Latex Balloons Market Research Report 2018
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