openPR Logo
Press release

Dunnage Air Bags Market - Kraft Paper to Lead Global Market as it’s the Best Eco-friendly Option

02-04-2018 06:50 AM CET | Associations & Organizations

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Dunnage Air Bags Market - Kraft Paper to Lead Global Market as

The competitive landscape in the global dunnage air bags is highly fragmented, notes Transparency Market Research. Some of the leading companies in the market are Cordstrap B.V, Bates Cargo-Pak ApS, Bulk-Pack, Inc., Stopak India Pvt. Ltd., and Green Label Packaging. Most of the players in the global dunnage air bags market are expected to widen their product portfolio and invest in mergers and acquisition to widen their geographic reach.

Obtain Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=38489

According to Transparency Market Research, the global dunnage air bags market was worth US$404.3 mn in 2016 and is expected to reach US$614.6 mn by the end of 2025. During the forecast period of 2017 and 2025, the global dunnage air bags market is expected to surge at a CAGR of 4.8%. Out of the various materials used for making dunnage bags, the kraft paper segment is projected to dominate the global market. This segment is anticipated to exhibit a CAGR of 5.4% during the forecast period. Regionally-speaking, Asia Pacific has been identified as a segment regional market. As of 2017 Asia Pacific held a share of 27.9% in the global dunnage air bags market. This trend is projected to continue in the coming years as well.

Increasing Import and Export Activities to Spike Demand

Dunnage air bags have come a long way since their introduction in the early 1970s. They have made a tremendous contribution to the overall transportation industry, thereby boosting trade opportunities. Over the years, production of dunnage bags has witness a significant change. The consistent efforts to bring in an eco-friendly characteristic to the make of dunnage air bags has won the attention of many end users. Growing uptake of kraft paper, which is a perfectly reusable and a recyclable material is projected to augment the growth of the global market during the forecast period. The high load bearing capacity of kraft paper has also been a value addition to the use of this material in the production of dunnage air bags.

Today, dunnage bags are extensively being used for the transportation of commodities, electrical & electronics, consumer goods, foods and beverages, and many other products. Thus, the increasing production of goods, which is highly seen in the developing parts of the world, has significantly pushed the market to achieve new heights. Along similar lines, by the end of 2025, Asia Pacific is expected to hold a lion’s share in the global dunnage air bags market. Increasing import and export of fragile cargo, uneven loading processes, stressful situations in transportation, and damaging weather conditions have also prompted end users to opt for dunnage air bags to safeguard their goods from potential damage.

Obtain Report Details @ https://www.transparencymarketresearch.com/dunnage-air-bags-market.html

The increasing awareness amongst users to insure their goods at the time of purchase has also upped the demand for dunnage air bags in recent years. Booming e-commerce and flourishing cargo and logistics industry are also noted as key growth drivers for the global market.

Unsteady World Economy Acts as Restraints

The ups and downs in the world economy has significantly impacted the revenue earning means of the global dunnage air bags market. The recent recession in the world economy severely affected the transportation and logistics industry, which in turn negative impacted the global market. The ongoing Brexit is also anticipated to hamper the market has it has surely raised concerns pertaining to trade routes. Thus, political instability and economic upheavals are projected to act as major restraints for global market.

About TMR

Transparency Market Research (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.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Dunnage Air Bags Market - Kraft Paper to Lead Global Market as it’s the Best Eco-friendly Option here

News-ID: 929659 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Dunnage

Dunnage Packaging Market Size & Growth Analysis Report, 2021-2027
Dunnage Packaging Market size was valued at $3 billion in 2019 and is expected to grow at an average annual growth rate (CAGR) of 6% from 2021 to 2027. Increased demand for sustainable green packaging solutions due to cost-the opposite effect of consumable packaging is expected to drive market growth in the coming years. This product is an integral part of the return/reusable packaging industry, allowing companies to use the
Dunnage Paper Bag Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Dunnage Paper Bag Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Dunnage Paper Bag players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Dunnage Paper Bag with respect
Dunnage Air Bags Industry Analysis by 2025: QY Research
QY Research always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global Dunnage Air Bags market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts. Request a Sample of this report at http://www.qyresearchglobal.com/goods-1903097.html Key Manufacturers:
Develop business strategies Of Dunnage Air Bags Market
The packaging industry has shown fabulous growth due to rapid industrialization and has positively impacted logistic and shipping market across the globe. From few decades there has been a tremendous growth in logistics and transportation, and this trend is expected to grow shortly. All these logistics and shipping carry valuable cargos which are needed to be protected from breakage while transiting. Dunnage air bags offer protective packaging to cargo during
Innovation in Dunnage Trays Material to Foster the Growth of Dunnage Trays Marke …
“Dunnage Trays Market: Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation” The global dunnage trays market is segmented into material type such as cast urethane, foam grade urethane, polystyrene, polyvinyl chloride (PVC), polyethylene, acrylonitrile butadiene styrene (ABS) and others. Among these segments, cast urethane segment is expected to occupy the top position in the market. Factors such as light weight and reusability are anticipated to positively
Dunnage Air Bags Market : Opportunity Assessment Research Study
The packaging industry has shown fabulous growth due to rapid industrialization and has positively impacted logistic and shipping market across the globe. From few decades there has been a tremendous growth in logistics and transportation, and this trend is expected to grow shortly. All these logistics and shipping carry valuable cargos which are needed to be protected from breakage while transiting. Dunnage air bags offer protective packaging to cargo during