Global Air Cushion Packaging Market: Booming E-commerce Sector to Drive Adoption

The global air cushion market is anticipated to experience healthy growth, owing to the rapid expansion of the e-commerce industry across the globe. A report by Transparency Market Research (TMR), titled “Air Cushion Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016–2024,” provides a detailed analysis of the various critical parameters of the market, including trends, opportunities, and regional segmentation. It performs a comprehensive evaluation of the vendor landscape of the global air cushion packaging market.

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From the protection of consumer products to its safe distribution and transportation, air cushion packaging offers value-added applications, which is attracting investors’ attention towards the market. The rising environmental concerns pertaining to packaging are also stoking the growth of the market. Air cushions are increasingly replacing foams since the latter are harmful to the environment. Moreover, air cushions are cost-effective due to less packaging weight. The adoption of these cushions is especially high among small-sized enterprises.

Besides this, the changing consumer lifestyles and rising disposable income are also working in favor of the market. On the flip side, the empowering presence of substitutes such as paper packaging products, conventional foam packaging products, and textile packaging products is restricting the global air cushion packaging market from realizing its utmost potential. Furthermore, the presence of a large number of local players is creating pricing pressure on international players. In order to maintain their strong foothold, global players will provide their offerings at low prices, which in turn is adversely affecting the overall revenue generation of the market.

On the basis of application, the global air cushion packaging market can be divided into cushioning, block and bracing, void filling, and wrapping. Based on end-use industries, the market can be divided into FMCG, pharmaceuticals, electronics, personal care, and e-commerce. The report segments the market in terms of geography into Western Europe, Eastern Europe, Latin America, North America, Asia Pacific excluding Japan, the Middle East and Africa, and Japan.

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North America and Western Europe will continue to account for a large cumulative share in the global air cushion packaging market. Emerging economies such as India, Brazil, and China will be promising regions, owing to the robust growth of end-user industries such as FMCG, e-commerce, and personal care. On similar grounds, the Middle East and Africa will also exhibit a noteworthy CAGR during the forecast period.

Some of the prominent companies operating in the global air cushion packaging market are Automated Packaging Systems Inc., FP International, Atlantic Packaging, Airfil Protective Packaging Ltd., Guangzhou PackBest Air Packaging Co. Ltd., Storopack Hans Reichenecker GmbH, 3G Packaging Corp., and Shandong Xinniu Packing Co. Ltd.

About TMR

TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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This release was published on openPR.