Market Research Report
Air Cushion Packaging Market Size, Share & Trends Analysis Report By Functionality (Void Filling, Blocking & Bracing, Wrapping, Corner Protection), By End User, By Region, And Segment Forecasts, 2019 - 2025
|Published by||Grand View Research, Inc.||Product code||923747|
|Published||Content info||85 Pages
Delivery time: 2-3 business days
|Air Cushion Packaging Market Size, Share & Trends Analysis Report By Functionality (Void Filling, Blocking & Bracing, Wrapping, Corner Protection), By End User, By Region, And Segment Forecasts, 2019 - 2025|
|Published: December 30, 2019||Content info: 85 Pages||
The global air cushion packaging market size is projected to be valued at USD 4.4 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 7.0% over the forecast period. This growth in demand can be attributed to rising importance of high degree of protection of goods from harsh transit conditions and surfaces, along with offering flexibility in various other applications.
Air cushions are dual-material custom packaging solutions usually made up of polyethylene and filled with air. Consumer shift from using bubble wraps to air cushions for packing has been observed in recent years, majorly due to their sustainability and ease of use. Air pillows also take up less of space in warehouses, thus reducing storage cost and improving optimal usage of space.
Based on functionality, void filling is the dominant segment and is expected to witness strong growth over the forecast period. Air cushions are the optimal solution for closing up gaps between secondary and tertiary packaging. In addition, they offer flexibility to control the air pressure inside the packing depending on its application.
In terms of end-user application, the consumer electronics and appliances segment is anticipated to register a CAGR of 8.0% during the forecast period. Soaring online sales of consumer electronics through various e-commerce websites is the primary factor driving this segment. Electronics require high levels of protective packaging due to their fragility.