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Global Dunnage Air Bags Market to Increase its Value to above US$600 Million by 2025

01-30-2020 11:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QY Research, INC

Global Dunnage Air Bags Market to Increase its Value to above

Los Angeles, January 30, 2020 - QY Research has announced the release of a report titled, "Global Dunnage Air Bags Sales Market Report 2019." As per the findings presented in the report, the global dunnage air bags market is expected to improve its total size to more than US$600 Mn by the end of 2025 while growing at a moderate CAGR of 4.4% during the forecast period 2019-2025. In 2018, the total market size reached over US$400 Mn.

Get PDF sample copy of the report at: https://www.qyresearch.com/sample-form/form/1419847/global-dunnage-air-bags-sales-market

Nature of Market: Moderately Fragmented

Readers of the report are provided with a comprehensive study on the competitive landscape and important players operating in the global dunnage air bags market, which include Cordstrap, Plastix USA, Shippers Products, Bates Cargo-Pak, Tianjin Zerpo Supply, Stopak, Cargo Tuff, Bulk-Pack, Phoebese Industrial, International Dunnage, Litco International, Guangzhou Packbest Air Packaging, Atlas Dunnage, Etap Packaging International, Shippers Europe, and Green Label Packaging.

Global Trade Growth and Need for Cargo Safety to Increase Demand: Dunnage air bags help with cost and time savings in the cargo management and shipping industries. They are used to reduce transportation and labor costs, improve load factor, and decrease the risk of cargo damage. The global dunnage air bags market is expected to gain from the growth of the cargo and logistics industry. The global demand for dunnage air bags is anticipated to improve due to the following factors.

- Innovations in inflatable dunnage air bags
- Need to reduce freight shipment damage rates
- High demand for freight security and safety
- Increase in international trade
- Cost-efficient alternative to rubber air bags

Impact of Cross-border Ecommerce on Overseas Application: The report offers thorough analysis on different type segments of the global dunnage air bags market, viz. vinyl, kraft paper, polywoven, and others. The global dunnage air bags market is also segmented into railway, overseas, and truck on the basis of application. Among these, the overseas segment may secure a notable share of the global dunnage air bags market because of the massive growth of the cross-border ecommerce industry. Growing craze for international brands, especially apparel and footwear, increase in international shopping, and unavailability of certain consumer products in local or domestic markets could increase the demand for cross-border shipping.

Strong Demand for Protective Packaging in Asia Pacific: Asia Pacific could be among lucrative regional markets for dunnage air bags. Increase in import and export and trade activities is expected to create strong demand for dunnage air bags in the developing region. High demand for packaging and protective packaging solutions could be another driver of the Asia Pacific dunnage air bags market. Dunnage air bag manufacturers are predicted to benefit from their operations in the region due to the fast growth of the Asia Pacific freight transport management market.

Get PDF sample copy of the report at: https://www.qyresearch.com/sample-form/form/1419847/global-dunnage-air-bags-sales-market

Key Points of Focus for Manufacturers

- Offering innovative dunnage air bag accessories
- Expanding product portfolio
- Adding superior cargo securing expertise
- Training employees and building knowledge centers
- Ensuring ease of cargo securing and environmental friendliness

QY Research, INC
17890 Castleton,
Suite 218,
City of industry, CA - 91748
USA: +1 626 295 2442
Email: enquiry@qyresearch.com
Web: http://www.qyresearch.com

About Us:

QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.

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