Global Dunnage Air Bags Market, By Type (2 Ply, 4 Ply, 6 Ply, 8 Ply), Material (Plastic, Polypropylene, Polyvinyl Chloride, Kraft Paper, Others), Packaging (Paper dunnage bags, Woven dunnage bags, Laminated dunnage bags), End User (Truck, Overseas, Railway, others) – Industry Trends and Forecast to 2030.
Dunnage Air Bags Market Analysis and Size
Dunnage air bags are considered among the sustainable and most efficient packaging solutions which offers optimal transportation. Dunnage air bags are widely used to protect products during transportation. Furthermore, the rising involvement of the major market players in the flexible packaging operations such as bubble packaging, dunnage bags, and air pillow will enhance the market growth. Along with this, the manufacturers are also putting efforts for the safe and secure delivery of goods to targeted end-users which is anticipated to increase the market growth at a rapid speed in the upcoming years.
Data Bridge Market Research analyses that the dunnage air bags market was valued at USD 503.00 billion in 2022 and is expected to reach USD 743.16 million by 2030, registering a CAGR of 5.00% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Dunnage Air Bags Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (2 Ply, 4 Ply, 6 Ply, 8 Ply), Material (Plastic, Polypropylene, Polyvinyl Chloride, Kraft Paper, Others), Packaging (Paper dunnage bags, Woven dunnage bags, Laminated dunnage bags), End User (Truck, Overseas, Railway, others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Ckdpack (India), GWP Correx (U.K.), Interior Packaging Design, LLC. (U.S.), Packaging Corporation of America (U.S.), Myers Industries (U.S.), Nefab (Sweden), UFP Technologies (U.S.), Dunnage Engineering (U.S.), Salco Engineering & Mfg. (U.S.), Signode Industrial Group LLC. (U.S.), KEENER Corporation (U.S.), DS Smith (U.K.), Menasha Corporation (U.S.), Schoeller Allibert (Netherlands), Reusable Transport Packaging (Florida), Amatech Inc. (U.S.), MJSolpac Ltd. (U.K.) and Rehrig Pacific Company (U.S.)
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Market Opportunities
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Market Definition
Dunnage bags, also known as inflatable bags and airbags. Dunnage air bags are basically those bags which are formed with internal inflatable polyethylene bladder and used to deliver protective packaging to cargo by absorbing vibrations during transportation. They are innovative, lighter, efficient and robust among others. These bags are highly used to stabilize and secure cargo.
Dunnage Air Bags Market Dynamics
Drivers
- Increasing demand of dunnage air bags for product safety
Several manufacturing companies have widely used dunnage air bags to transport the product safely to the end user. However, retail sector is widely used dunnage air bags during the transportation of the product by rail, road or waterways. Most of the deliveries are carried out with the help of e-commerce platform through truck trailers in the U.S., which increase the usage of dunnage air bags. Dunnage air bags are not only used for large products but also used for the small products, which are valuable and luxurious in nature.
- Rising demand of dually dunnage air bags
Dually dunnage air bags are relatively easier and lighter to handle and are more cost-efficient than the square dunnage air bag. Furthermore, these bags are sustainable and can be reused in road transportation. Furthermore, the reusability feature of dunnage air bags attracts market players. Overall, the dually dunnage air bags are new product in the market that companies can develop to upsurge their market share. For instance, in October 2020, Cargo Tuff LLC has developed the dually dunnage air bag which saves cost and easier to handle.
Opportunities
- Rising innovation in the available product
Dunnage air bags are mainly used for securing bulk or heavy products during shipping. The manufacturer of the dunnage air bags can manufacture the air bags for luxury, small, valuable, and household products, mainly used inside the initial packaging of the product. Nowadays household products come with plastic or thermocol box packaging inside their main packaging so that products may not get damaged or hampered. Thus, the manufacturer can produce small dunnage air bags which can substitute the non-biodegradable material. For instance, perfume bottles or the luxury wine bottle need extra safety because they are made from glass material and are filled with liquid product so the small dunnage air bags can be used inside the primary packaging of bottles which assures the safety of the product. Also, the replacement of thermocol based packaging material with reusable and recyclable dunnage air bags will contribute to the guideline framed by the government for numerous environmental issues. As a result of all these factors create immense and lucrative for the markt growth during the forecast period.
Restraints/ Challenges
- Disadvantages associated with dunnage air bags
The major disadvantage of the dunnage air bags such as low resistance to sharp objects is anticipated to hamper the dunnage air bags market growth during the forecast period, whereas the high cost in the production of dunnage air bags can challenge the growth of the dunnage air bags market.
This dunnage air bags market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growth application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the dunnage air bags market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Covid-19 Impact on Global Dunnage Air Bags Market
The outbreak of COVID-19 pandemic has adversely impacted the imports and exports of products. Governments of the major producing countries have imposed restrictions in import and export activities, considerably disrupting the transportation and shipping of numerous commodities and disrupting the demand of dunnage air bags. But the remarkable rise in the ecommerce sector and the large sale of pharmaceutical goods has been positively impacting the market growth prospects. Therefore, owing to all these factors, the market has been expected to create numerous expansion avenues during the forecast period.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2022, Cargo Tuff LLC has introduced cargo tuff airbag compacter. This new launch will aid the company in reducing the usage of used air bags. With this launch, the company is one step ahead of reusability and recycling. This innovation is cost-efficient and also supports the easy deflation of air bags.
- In 2021, Signode Industrial Group LLC offered new Mobile Air Xtreme (Max) Inflatoror portable dunnage airbag inflation.
Global Dunnage Air Bags Market Scope
The dunnage air bags market is segmented on the basis of type, material, packaging and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- 2 Ply
- 4 Ply
- 6 Ply
- 8 Ply
Material
- Plastic
- Polypropylene
- Polyvinyl Chloride
- Kraft Paper
- Others
Packaging
- Paper dunnage bags
- Woven dunnage bags
- Laminated dunnage bags
End User
- Truck
- Overseas
- Railway
- others
Dunnage Air Bags Market Regional Analysis/Insights
The dunnage air bags market is analyzed and market size insights and trends are provided by country, type, material, packaging and end user as referenced above.
The countries covered in the dunnage air bags market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
North America dominates the dunnage air bags market in terms of market share and revenue. This is mainly due to increasing the usage in logistics and shipping industry and the heavily investments for flexible packaging operations within the region. in this region.
Asia-Pacific is expected to be the fastest developing region during the forecast period of 2023-2030 due to the rapid development which generates numerous opportunities for packaging manufacturers within the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Dunnage Air Bags Market Share Analysis
The dunnage air bags market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to dunnage air bags market.
Some of the major players operating in the dunnage air bags market are:
- Ckdpack (India)
- GWP Correx (U.K.)
- Interior Packaging Design, LLC. (U.S.)
- Packaging Corporation of America (U.S.)
- Myers Industries (U.S.)
- Nefab (Sweden)
- UFP Technologies (U.S.)
- Dunnage Engineering (U.S.)
- Salco Engineering & Mfg. (U.S.)
- Signode Industrial Group LLC. (U.S.)
- KEENER Corporation (U.S.)
- DS Smith (U.K.)
- Menasha Corporation (U.S.)
- Schoeller Allibert (Netherlands)
- Reusable Transport Packaging (Florida)
- Amatech Inc. (U.S.)
- MJSolpac Ltd. (U.K.)
- Rehrig Pacific Company (U.S.)
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