Dunnage Air Bags Market is Anticipated to Grow US$ 745 Bn By 2030
The global Dunnage Air Bags market size is expected to reach USD 745 billion by 2030 and is expected to expand at a CAGR of 4.4. from 2021 to 2030.
Download Exclusive Sample of Report@ https://www.visionresearchreports.com/report/sample/38398
The growth of the shipping & logistics industry, due to rise in global trade among countries, has resulted in the use of more packaging materials such as dunnage air bags. The increase in global trade has fueled the demand for cargo safekeeping materials such as dunnage air bags, thus driving the dunnage air bags market. Moreover, key cargo movers and cargo shipping advisors are preferring dunnage air bags over bubble-wraps and crumpled paper for ensuring safety of cargo till it reaches the final destination. The demand for global rail logistics due to its cost saving advantage is increasing, further propelling the demand for packaging products including dunnage air bags, and is projected to show positive growth in the upcoming years.
A new study on the global dunnage air bags market, providing forecast for the period of 2021-2030. In the study, growth opportunity for the dunnage air bags market is witnessed. The report provides valuable insights, which enable readers to make winning business decisions for future growth of their businesses. The report highlights significant factors that are constantly determining the growth of the dunnage air bags market, untapped opportunities for manufacturers, trends and developments, and other insights across various key segments. Macroeconomic factors that are directly or indirectly affecting market growth are also incorporated in the report.
Attributes of Dunnage Air Bags Fueling Growth of Global Market
Over the years, dunnage air bags are being used for securing cargo. The dunnage air bags come with various features such as light in weight, durable, cost-efficient, weather-resistant, load stabilizing capacity, waterproof, and recyclable. All such attributes lead to the demand for dunnage air bags. Polywoven dunnage air bags, which are comparatively lighter than Kraft paper dunnage air bags, help in working easily during loading and unloading of cargo. In addition, polywoven dunnage air bags provide resistance to weather and other environmental hazards, which attract product manufacturers to use it.
Moreover, vinyl dunnage air bags are inflated, which result in more safety of the product, and it expands and contracts with the altitude, which can be used on hairpinned roads. This attaches the attention of the customer to the extra safety of the product. Moreover, these dunnage air bags are waterproof that allows customers to use them during refrigerated transport. Furthermore, the Kraft paper dunnage air bags are recyclable, easily disposable, and economical.
Eco-friendly, Dually Dunnage Air Bag Matching Ongoing Trend, Demand
Dually dunnage air bags are comparatively lighter and easier to handle than the square dunnage air bag, as well as are more cost-efficient. In addition, are sustainable, can be reused in road transportation as well as have high burst pressure, which result in the overall performance of the dunnage air bags. Furthermore, the reusability feature attracts market players and saves cost. Overall, the dually dunnage air bags are the new product that companies can develop to increase their market share.
Rising regulations and ongoing trends toward using eco-friendly products are leading manufacturers to produce products to match the ongoing trend. The manufacturers can produce eco-friendly dunnage air bags.
Wenzhou Lianhai Bag company Ltd. developed eco-friendly dunnage air bags on July 8 2020. This dunnage air bag is compatible with the trending sustainable environmental concern regarding the use of eco-friendly raw material for manufacturing the product.
Retail Sector Witnessing Demand for Dunnage Air Bags in Emerging Markets
Over the years, dunnage air bags have been used by manufacturing companies to deliver the product safely to the end user. However now, retail sector is employing the use of dunnage air bags during the transportation of the product by road, rail, or waterways. Majority of all the shipments in the U.S. are carried out with the help of the eCommerce platform through truck trailers, which make use of dunnage air bags. Not only large products but also small products, which are luxurious and valuable in nature are also protected with the help of dunnage air bags.
eCommerce or the retail industry are majorly involved in using the flexible packaging material, which, in turn, aims to give customer satisfaction on the delivery of the product. Moreover, dunnage air bags will continue to dominate due to cost-efficiency and versatility. Moreover, increasing focus on customized packaging according to the product-fit for the item being shipped is anticipated to boost the demand for dunnage market in the retail sector.
Key Findings
- Dunnage air bags made of Kraft paper DAB are anticipated to create an incremental opportunity of US$ 144 Mn by the end of 2030. Kraft paper dunnage air bags are sustainable in nature and therefore, are preferred more as compared to other material types.
- The 2 ply dunnage air bags segment is anticipated to dominate over other bag types. The 2 ply dunnage air bags are medium-sized bags with 2 ply construction composed of inner polyethylene bag and two layers of waterproof Kraft paper. Therefore, the segment is expected to hold a market share of more than 30% by the end of 2030.
- In terms of end use, dunnage air bags are majorly used for overseas shipments and is anticipated to create an incremental opportunity of US$ 117 Mn by the end of 2030.
- Technology advancements have given rise to inflatable dunnage air bags that are light in weight as well as save cost, thus increasing the profit margins of product manufacturers. The inflatable dunnage air bags secures the shape of the product, which it is protecting, thereby ensuring security of the product at an advanced level. Majorly, dunnage air bags are demanded in dominant regions such as Europe and North America, due to their increasing trade activities in domestic as well as international markets.
- In addition, these regions use latest growing technologies, which leads to early adoption of the product. In case of dunnage air bags, inflatable dunnage air bags are technologically advanced, which is a positive signal for the sales of these dunnage air bags in dominant regions such as Europe and North America.
- Furthermore, inflatable dunnage air bags can be manufactured in countries such as China where the manufacturing cost is low due to cheap resource and technology cost, which will increase profit margins of manufacturers.
| Report Coverage | Details |
| Market Size | US$ 745 million by 2030 |
| Growth Rate | CAGR of 4.4% from 2021 to 2030 |
| Base Year | 2020 |
| Forecast Year | 2021-2030 |
| Segments Covered | Material, Bag, End Use, Region |
| Companies Mentioned | Cordstrap B.V.,Green Label Packaging, Atmet Group Inc, Stopak India Pvt. Ltd., Shippers Products, Shippers Europe Sprl, Bates Cargo-Pak APS, Litco International, Inc., Cargo Tuff LLC, Bulk-Pack, Inc. |
Competition Landscape
The global dunnage air bags market is highly fragmented in nature wherein the larger portion of market share is held by domestic players. Some of the key players operating in the global dunnage air bags market are Cordstrap B.V.,Green Label Packaging, Atmet Group Inc, Stopak India Pvt. Ltd., Shippers Products, Shippers Europe Sprl, Bates Cargo-Pak APS, Litco International, Inc., Cargo Tuff LLC, Bulk-Pack, Inc., Etap Packaging International GmbH, International Dunnage AS, Plastix USA LLC, Tianjin Zerpo Supply Co. Ltd., Atlas Dunnage, Guangzhou Packbest Air Packaging Co. Ltd., Phoebese Industrial (Shanghai) Co, Ltd, Vir Engineers, Eltete Middle East FZ LLC and Down River, Inc.
Market Segmentation
By Material Type
- Poly-woven DAB
- Kraft Paper DAB
- Vinyl DAB
By Bag Type
- 2 Ply
- 4 Ply
- 6 Ply
- 8 Ply
By End Use
- Truck
- Overseas
- Railway
By Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38398
Research Methodology
A realistic methodology, along with a holistic approach makes the base for sharp insights, which are provided in the dunnage air bags market for the study evaluation period. The TMR report comprises of detailed information on growth prospects, along with riveting insights into the forecast assessment of the market.
Extensive primary and secondary researches have been employed to garner keen insights into the forecast study of the dunnage air bags market. The report has further undergone a cross-validation by in-house professionals to make the dunnage air bags market report one-of-its-kind, with the highest credibility.
Table of Contents
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Dunnage Air Bags Market, By Material
7.1. Dunnage Air Bags Market, by Material Type, 2021-2030
7.1.1. Poly-woven DAB
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Kraft Paper DAB
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Vinyl DAB
7.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Dunnage Air Bags Market, By Bag
8.1. Dunnage Air Bags Market, by Bag, 2021-2030
8.1.1. 2 Ply
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. 4 Ply
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. 6 Ply
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. 8 Ply
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Dunnage Air Bags Market, By End Use
9.1. Dunnage Air Bags Market, by End Use, 2021-2030
9.1.1. Truck
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Overseas
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Railway
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Dunnage Air Bags Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Material (2017-2030)
10.1.2. Market Revenue and Forecast, by Bag (2017-2030)
10.1.3. Market Revenue and Forecast, by End Use (2017-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Material (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Bag (2017-2030)
10.1.4.3. Market Revenue and Forecast, by End Use (2017-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Material (2017-2030)
10.1.5.2. Market Revenue and Forecast, by Bag (2017-2030)
10.1.5.3. Market Revenue and Forecast, by End Use (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Material (2017-2030)
10.2.2. Market Revenue and Forecast, by Bag (2017-2030)
10.2.3. Market Revenue and Forecast, by End Use (2017-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Material (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Bag (2017-2030)
10.2.4.3. Market Revenue and Forecast, by End Use (2017-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Material (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Bag (2017-2030)
10.2.5.3. Market Revenue and Forecast, by End Use (2017-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Material (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Bag (2017-2030)
10.2.6.3. Market Revenue and Forecast, by End Use (2017-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Material (2017-2030)
10.2.7.2. Market Revenue and Forecast, by Bag (2017-2030)
10.2.7.3. Market Revenue and Forecast, by End Use (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Material (2017-2030)
10.3.2. Market Revenue and Forecast, by Bag (2017-2030)
10.3.3. Market Revenue and Forecast, by End Use (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Material (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Bag (2017-2030)
10.3.4.3. Market Revenue and Forecast, by End Use (2017-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Material (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Bag (2017-2030)
10.3.5.3. Market Revenue and Forecast, by End Use (2017-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Material (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Bag (2017-2030)
10.3.6.3. Market Revenue and Forecast, by End Use (2017-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Material (2017-2030)
10.3.7.2. Market Revenue and Forecast, by Bag (2017-2030)
10.3.7.3. Market Revenue and Forecast, by End Use (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Material (2017-2030)
10.4.2. Market Revenue and Forecast, by Bag (2017-2030)
10.4.3. Market Revenue and Forecast, by End Use (2017-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Material (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Bag (2017-2030)
10.4.4.3. Market Revenue and Forecast, by End Use (2017-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Material (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Bag (2017-2030)
10.4.5.3. Market Revenue and Forecast, by End Use (2017-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Material (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Bag (2017-2030)
10.4.6.3. Market Revenue and Forecast, by End Use (2017-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Material (2017-2030)
10.4.7.2. Market Revenue and Forecast, by Bag (2017-2030)
10.4.7.3. Market Revenue and Forecast, by End Use (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Material (2017-2030)
10.5.2. Market Revenue and Forecast, by Bag (2017-2030)
10.5.3. Market Revenue and Forecast, by End Use (2017-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Material (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Bag (2017-2030)
10.5.4.3. Market Revenue and Forecast, by End Use (2017-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Material (2017-2030)
10.5.5.2. Market Revenue and Forecast, by Bag (2017-2030)
10.5.5.3. Market Revenue and Forecast, by End Use (2017-2030)
Chapter 11. Company Profiles
11.1. Cordstrap B.V.
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Green Label Packaging
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Atmet Group Inc
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Stopak India Pvt. Ltd.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Shippers Products
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Shippers Europe Sprl
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Bates Cargo-Pak APS
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Litco International, Inc.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Cargo Tuff LLC
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Bulk-Pack, Inc.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
11.11. Etap Packaging International GmbH
11.11.1. Company Overview
11.11.2. Product Offerings
11.11.3. Financial Performance
11.11.4. Recent Initiatives
11.12. International Dunnage AS
11.12.1. Company Overview
11.12.2. Product Offerings
11.12.3. Financial Performance
11.12.4. Recent Initiatives
11.13. Plastix USA LLC
11.13.1. Company Overview
11.13.2. Product Offerings
11.13.3. Financial Performance
11.13.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38398
Contact Us:
Vision Research Reports
Call: +1 9197 992 333