Balloons are mainly used to catch attention and add beauty to a particular place on various occasions. Balloons are available in various shapes, sizes, and colors. The various types of balloons include latex balloons, mylar balloons, cloudbuster balloons, etc. Latex balloons are the most affordable out of the different types available in the market. These latex balloons are biodegradable and environmentally safe.
MARKET DYNAMICS
A large number of parties and festivals are celebrated every day at many places around the world. Balloons play an important role in the decoration of the places for parties and festivals. The high demand for latex balloons in various fun activities and occasions will contribute to the growth of the market. However, various issues in the recycling of balloons and not biodegradable nature of foil balloons will hinder the growth of the market during the forecast period.
MARKET SCOPE
The "Global Balloons Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the balloons market with detailed market segmentation by type and distribution channel. The global balloons market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading balloons market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global balloons market is segmented into type and distribution channel. By type, the balloons market is classified into latex balloons, mylar balloons, and cloudbuster balloons. By distribution channel, the balloons market is classified into supermarkets and hypermarkets, convenience stores, online retail, and others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global balloons market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The balloons market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the balloons market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the balloons market in these regions.
MARKET PLAYERS
The report covers vital developments in the balloons market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the balloons market are anticipated to witness lucrative growth opportunities in the future with the rising demand for balloons in the global market. Below mentioned is the list of few companies engaged in the balloons market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the balloons market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Qualatex
- Rubek Balloons Pvt Ltd
- LA Balloons
- GAYLA Industries, Inc.
- Lucky Balloons
- Balloons China
- Creative Balloons Mfg. Inc.
- Chaudhry Balloon & Inflatables.
- Tailloon Balloons Co., Ltd
- PVD Products