We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Inflatable Packaging Market Players Eye E-commerce and Online Sales as Lucrative Segment: FMI Study
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

Inflatable Packaging Market Players Eye E-commerce and Online Sales as Lucrative Segment: FMI Study

Inflatable Packaging Market Players Eye E-commerce and Online Sales as Lucrative Segment: FMI Study
October 16, 2020
No Comments

As the demand for protective packaging solutions increases worldwide, the scope for inflatable packaging is rising at an unprecedented rate. Manufacturers are fast transitioning from conventional materials such as glass and paper to more flexible alternatives bubble wraps and air pillows, opines a new study by ESOMAR-certified market research firm.

As e-commerce and online sales experience a massive spike, people are increasingly demanding products such as cosmetics, ready-to-eat foods, beverages, healthcare & hygiene products, consumer electronics and nutraceuticals through virtual sales platforms. These products require proper packaging solutions while in transit.

Based on these aforementioned trends, analyst predicts the inflatable packaging solutions market to scale impressive heights, expanding at a steady CAGR and reaching a multi-billion-dollar valuation by the end of the 2020-2030 forecast period.

Key Takeaways

•By packaging type, bubble wraps are expected to be the most widely used. However, air pillows are fast
catching up
•By end-use, food & beverage segment to capture an impressive revenue share
•PE derived inflatable packaging materials are expected to capture the majority of the market, attributed to
its leakage proof property
•North America to pivot global growth, East Asia to follow close behind
•Swelling demand for eco-friendly material to shape future growth outlook

“Deepening internet penetration has propelled e-commerce sales of various consumer products, prompting vendors to develop innovative flexible packaging solutions,” concludes an analyst.

COVID-19 to Usher in Minor Deceleration

The coronavirus pandemic has resulted in significant disruptions across key industries. Government mandated lockdowns to curb the virus’s spread have resulted in narrow profit margins and reduced cash inflow. Logistical arrangements to transport goods have been impacted, leading to piling up of inventories.
Such disruptions have directly and indirectly impacted the packaging market. Until 2021, analysts predict the global inflatable packaging market to remain in doldrums across certain industries such as automotive & allied industries and shipping and logistics. Growth is expected to be restored post-pandemic.
However, industries such as healthcare, cosmetics and food & beverages shall sustain demand for inflatable packaging solutions due to increased demand from consumers via e-commerce platforms. Thus, study has revised its projections to peg growth at a modest figure in the upcoming forecast period.

Who’s Winning

Leading players in the inflatable packaging market include Pregis Corporation, Smurfit Kappa Group, Automated Packaging Solutions Inc., Macfarlane Group PLC, Polyair Interpac Inc. and Inflatable Packing Inc. among others.

The aforementioned players invest in tremendous amounts of research and development so as to launch new packaging solutions, keeping in mind the existing demand trends within several end-use industries.
Pregis Corporation is among the frontrunners of the global inflatable packaging solutions market. Its solutions include the Ascent, ChamberPark, HC Versa, AirSpeed 5000, Smart and MINI PAK’R packaging approaches to name a few. It offers these solutions on an industry-specific basis.

Recently, in October 2020, Smurfit Kappa Group launched the BanaBag® packaging solution made from cellulose. This product is largely used for banana cultivation, acting as a natural insulator against hostile temperatures. It is also used by banana producers to transport the fruit to markets.

https://www.futuremarketinsights.com/reports/inflatable-packaging-market
Submit your logistics, material handling, or supply chain related company news in Supply Chain Quarterly's's Industry Press Room section or New Products section
E-Commerce Logistics Manufacturing
KEYWORDS Future Market Insights
  • Related Articles

    These Intelligent Packaging Technologies are gaining steady commercialization: Excerpts from FMI’s r

    A Design’N’Buy whitepaper for the online Packaging Market and Their Digital Transformation Challenge

    Online marketplaces seize growing revenue share during pandemic e-commerce boom

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Survey: most Americans unaware that truckers face shortage of parking spaces

  • Best practices in logistics sustainability

  • Supply chain executives not yet seeing expected results from technology investments

  • Postal Service plans to seize items mailed with fake stamps

  • Inflation drops again as interest rate hikes hit home, NRF says

Featured Video

20221107korber large vs

Enhancing Customer Experience with Your Supply Chain Strategy

Viewer Contributed
With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

FEATURED WHITE PAPERS

  • Guide to Pallet Rack Safety

  • 3PLs: Complete Orders Faster with Flexible Automation

  • A shipper's guide to navigating post-pandemic holiday freight

  • THE NEW WAY TO WAREHOUSE: 4 Innovations in Automation & Robotics to Boost Warehouse Productivity

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing