Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Dunnage
air bags Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international dunnage air bags Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global dunnage air bags Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global dunnage air bags Market `is offered. In accordance with
the report, the global dunnage air bags Market is projected to expand at a CAGR
of 5.9% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Dunnage air bags
are used to prevent the movement of freight loaded in trucks, airplane, ships,
and railways. It helps the shipment to reach to its destination point without
much damage. Dunnage air bags has a variety of property that makes it
acceptable as a shield in the transportation of goods. It is highly durable,
light weight, makes handling of stuff easier, protects shipment, and is a
cost-efficient mode of protection than any others. Soaring trade between
countries and different regions within a country has resulted in the movement
of goods without breakage and this has been a driving factor for the growth of
the market. Globalization and liberalization have led to the import and export
of goods between countries and attached large importance to the packaging
industry. This has raised the demand for dunnage air bags. Also, the robust
growth in the retail trade in both developed and developing countries (especially
in the latter) has helped the dunnage air bags market to thrive. Employment of
dunnage air bags for the covering of freight has an edge over other methods of
bracing because of its durability. Also, dunnage air bags are eco-friendly
products. Human’s awareness towards the environment has also fueled the growth
of the dunnage air bags market.
The use of
dunnage air bags brings with itself the unavoidable problem of being
unresistant to sharp pointed objects. Also, the uncompromising directive
regarding the usage of plastics is hampering the production of dunnage bags and
thereby its market growth.
The rising
propensity of consumers to consume foreign products due to increment in
disposable income is likely to drive the trade between countries and thereby
the dunnage air bags market. Also, the tendency of countries to adhere to the
concept of specialization is making them focus on the production of goods and
services which is best suited for itself. This enables different countries to
trade between themselves.
This is also,
evolving the dunnage air bags market. Rising number of free trade agreements in
Europe is improving trade conditions and is acting as a stepping-stone for the
growth of this market. Nowadays consumers are also attaching huge importance to
packaging along with the quality of the product. This provides an impetus to
the development of the packaging industry.
Segment Covered:
This market
intelligence report on the global Dunnage Air Bags Market encompasses market
segments based on packaging type, material type, number of layers, application,
and country/regions.
By packaging type, the Dunnage Air Bags Market is segregated into,
§ Laminated Dunnage Bags
§ Woven Dunnage Bags
§ Paper Dunnage Bags
By material type, the Dunnage Air Bags Market is
segmented into,
§ Kraft Papers
§ Polyvinyl Chloride
§ Polypropylene
§ Plastics
§ Others
By number of layers, the Dunnage Air Bags Market is split
up into,
§ 2 layers
§ 4 layers
§ 6 layers
§ 8 layers and more
By Application, the Dunnage Air Bags Market is also classified into,
§ Ships
§ Railways
§ Trucks
§ Others
By country/region, the Dunnage Air Bags Market has been divided into,
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Down River
§ Vir Engineers
§ International Dunnage
§ Shippers
§ Atmet Group
§ Cargo Tuff
§ Plastix
§ Atlas Dunnage
§ Etap Packaging International
§ Litco International
§ Cordstrap
§ Stopak
§ Bates Cargo-Pak
§ Green Label Packaging
§ Shippers Products
Other players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Dunnage Air Bags Market related investment &
spending and developments by major players of the market are tracked in this
global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Dunnage Air Bags Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020 – 2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Dunnage Air Bags Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Green Label
Packaging, Cargo Tuff, Cordstrap, Shippers Product, Shippers, Atmet Group,
Stopak, Litco International and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Dunnage Air Bags caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Dunnage
Air Bags Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Dunnage Air Bags Market
v
Identification
of key factors driving investment opportunities in the Dunnage Air Bags Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants