Press release
Air Cushion Packaging Market Set to Reach $5.69 Billion by 2029 with 8.1% Yearly Growth
Air Cushion Packaging Market
The swift growth of online commerce is predicted to drive the expansion of the air cushion packaging market in the future. E-commerce, which refers to internet-based trading of goods and services, involves numerous online transactions between various businesses and customers. Several factors, such as an increase in internet accessibility, a rising trend of consumers preferring online shopping, and advancements in digital payment technologies, have caused e-commerce to expand rapidly. The use of air cushion packaging in e-commerce offers efficient product protection during shipment, simultaneously decreasing shipping weight and minimizing waste of materials. For example, the US-based government department, the Department of Commerce's Census Bureau, reported in February 2024 that e-commerce sales in the fourth quarter of 2023 were up by 7.5% as compared to the same time in 2022. Hence, the swift growth of online commerce is propelling the expansion of the air cushion packaging market.
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How will the growth rate of the air cushion packaging market shape industry trends by 2034?
The growth of the air cushion packaging market has been substantial in previous years, with projections indicating a rise from $3.84 billion in 2024 to $4.16 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.5%. The reasons behind this acceleration during the historic period can be traced back to the rise in e-commerce and online retail, prioritization of sustainable packaging options, the increasing need for damage-protective packaging in the shipping of fragile goods, advancement in the manufacturing process of air cushion packaging, and the global expansion of both supply chains and logistics networks.
In the coming years, the air cushion packaging market is predicted to experience significant growth, expanding to a value of $5.69 billion by 2029, with a compound annual growth rate (CAGR) of 8.1%. Factors contributing to this predicted growth during the forecast period include a mounting emphasis on reducing both shipping expenses and material waste, the application of air cushion packaging in industries beyond traditional retail such as automotive and electronics, and a shift towards using lightweight yet hard-wearing packaging materials. Added to these factors are the integration of innovative smart packaging technologies for shipment tracking and monitoring, and regulations encouraging the use of eco-friendly packaging alternatives. Other notable forecasted trends consist of a rise in demand for custom-made and on-demand air cushion packaging solutions, and an increasing use of biodegradable and compostable materials in air cushion packaging. Furthermore, there will be an integrating of antimicrobial properties for better product protection, market player expansions providing recyclable air cushion packaging options, and the application of automation and robotics to increase the efficiency and productivity of air cushion packaging manufacturing processes.
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What trends are poised to drive the future success of the air cushion packaging market?
Key players in the air cushion packaging market are prioritizing technology upgrades including air pillow solutions, sustainable materials, and advanced packaging that integrates sensors and tracking technology to boost product safety, streamline logistics, and secure a market edge. Air pillow systems generate compact, inflatable packaging offering enhanced safeguarding and minimizes waste of materials. For instance, in September 2022, Italy's premier plastic manufacturing firm, DUNA-Corradini S.p.A. launched RIO- an air packaging solution crafted from 70% recyclable and recycled plastic. This offering aligns with their Air in Place (AIP) series and seeks to minimize the consumption of new plastic without compromising on quality and resilience. Utilizing pre-industrial recycled plastic guarantees uniformity of material and simplifies disposal, rendering the packaging completely recyclable.
Which primary segments of the air cushion packaging market are driving growth and industry transformations?
The air cushion packaging market covered in this report is segmented -
1) By Type: Void Filling, Block And Bracing, Wrapping, Corner Protection
2) By Form: Air Tubes, Air Bubble, Air Pillows, Air Bags
3) By Color: Green, White, Blue
4) By Application: Electronics, Consumer Goods, Cosmetic And Personal Care, Foods And Beverages, Pharmaceuticals, Other Applications
Subsegments:
1) By Void Filling: Air Pillow Bags, Air-Filled Cushions, Inflatable Pouches
2) By Block And Bracing: Inflatable Air Blocks, Air-Filled Tubes, Cushioning Pillows for Bracing
3) By Wrapping: Air Bubble Wraps, Inflatable Wrap Films, Air-Filled Stretch Films
4) By Corner Protection: Inflatable Corner Protectors, Air-Cushioned Corner Guards, Protective Air-Filled Corner Blocks
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Which geographical regions are pioneering growth in the air cushion packaging market?
Asia-Pacific was the largest region in the air cushion packaging market in 2023. The regions covered in the air cushion packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the air cushion packaging market landscape?
Major companies operating in the air cushion packaging market are Amcor plc, Smurfit Kappa Group Plc, Associated Packaging, Veritiv Corporation, Sealed Air Corp., Intertape Polymer Group Inc., Pregis LLC, Storopack Hans Reichenecker GmbH, Shorr Packaging, Polyair, Atlantic Tape Packaging, iVEX Protective Packaging, Polycell International, FP International, 3G Packaging Corp., Airfil Protective Packaging Ltd., AirWave Packaging LLC, Jaineeket Enterprises, Springpack, Salazar Packaging, Macfarlane Group UK Ltd, DynaCorp, COMPAK
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What Is Covered In The Air Cushion Packaging Global Market Report?
•Market Size Forecast: Examine the air cushion packaging market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the air cushion packaging market for a structured understanding.
•Key Players Overview: Analyze major players in the air cushion packaging market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the air cushion packaging market.
•Segment Contributions: Evaluate how different segments drive overall growth in the air cushion packaging market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the air cushion packaging market.
•Industry Challenges: Identify potential risks and obstacles affecting the air cushion packaging market.
•Competitive Landscape: Review strategic developments in the air cushion packaging market, including expansions, agreements, and new product launches.
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