Global Dunnage Air Bag Market Size Study, by Material (Plastic, Polypropylene (PP), Polyvinyl Chloride (PVC), Kraft Paper, Other), by packaging (Paper Dunnage Bags, Woven Dunnage Bags, Laminated Dunnage Bags ), by Layers ( 2 Layers, 4 Layers, 6 Layers, 8 layers, and Above), by Applications(Trucks, Ship, Railways, Other)and Regional Forecasts 2022-2028
Global Dunnage Air Bag Market is valued at approximately USD x.x billion in 2021 and is anticipated to grow with a healthy growth rate of more than xx. x % over the forecast period 2022-2028. Dunnage Air Bag is a poly bladder surrounded by numerous plys of paper, equipped with an inflation valve, and is used to minimize front-to-back load shifting in tractor sales, railcars, and overseas containers. Growing need from the logistics and shipping market to protect cargo, rapid industrialization need for more packaging materials are the reasons behind the increasing use of Dunnage Air Bags across the forecast period. For Instance: North American supply chains for manufactured goods depend heavily on trucking. 72% of all shipments in the United States travel on truck trailers. And according to statistics from the U.S. Bureau of Transportation, trucking was the first mode of transport for shipments of freight between the U.S. and Canada. Increasing shipping and logistics are driving the market growth for the Dunnage Air Bag during the forecast period. Moreover, increasing consumer awareness about the product and environment impact and new product innovation and launch are the factors creating lucrative opportunities for the market growth over the forecast period of 2022-2028. However, reduced resistance to sharp objects is expected to impede the growth of the market.
The key regions considered for the Global Dunnage Air Bag Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growth of the shipping and logistics industry. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Abundant opportunities for packaging manufacturers due to its large scope for rapid development in the APAC region would create lucrative growth prospects for the Dunnage Air Bag Market.
Major market players included in this report are:
Stopak India Pvt. Ltd.
Shippers Products
Shippers Europe Sprl
Litco International Inc.
Green Label Packaging
Cordstrap B.v
Cargo Tuff Llc
Bulk-Pack Inc.
Bates Cargo-pak Aps
Atmet Group Inc.
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material:
Plastic
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Kraft Paper
Other
By Packaging:
Paper Dunnage Bags
Woven Dunnage Bags
Laminated Dunnage Bags
By Layers:
2 Layers
4 Layers
6 Layers
8 layers and Above
By Applications:
Trucks
Ship
Railways
Other
By Region:
North America
The U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, the years considered for the study are as follows:
Historical years – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Dunnage Air Bags Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Stopak India Pvt. Ltd.
Shippers Products
Shippers Europe Sprl
Litco International Inc.
Green Label Packaging
Cordstrap B.v
Cargo Tuff Llc
Bulk-Pack Inc.
Bates Cargo-pak Aps
Atmet Group Inc.
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