About Europe Dunnage Air Bags
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Dunnage air bags market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Dunnage air bags Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United Kingdom Manufacturers will contribute the maximum growth to Europe Europe Dunnage Air Bags market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GWP Correx (United Kingdom), Porto's Airbag (Portugal), Shippers Europe Sprl (Belgium), Cordstrap B.V (Netherland), Bates Cargo-Pak (Denmark), MJSolpac Ltd. (United Kingdom), Airbag International Limited (United Kingdom), Bag Company GmBH (Germany), BigAirBag AV (Netherland) and Kite Packaging (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are ASG Europe Limited (United Kingdom), Bag2Bag (Netherland) and Others.
Segmentation Overview
AMA Research has segmented the market of Europe Europe Dunnage Air Bags market by Type (Poly-woven, Kraft Paper, Vinyl and Others) and Region.
On the basis of geography, the market of Europe Dunnage Air Bags has been segmented into
. If we see Market by Bag Type, the sub-segment i.e. 2 Layers will boost the Europe Dunnage Air Bags market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Shipping & Logistics will boost the Europe Dunnage Air Bags market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in number of free trade agreements in European countries. and Growth in rail logistics operations leading to increasing the demand for dunnage bags.
Market Growth Drivers:
High Demand in shipping and logistics Company for packaging and transportation., Growing importance of transporting cargo. and Increasing export and import activities of fragile cargos.
Challenges:
Stringent regulations on usage of plastics by the Government.
Restraints:
Environmental concerns.
Opportunities:
Development of sustainable material.
Market Leaders and their expansionary development strategies
In July 2022, ABEO, a leading global supplier of sports and leisure equipment, has closed the acquisition of 70% of the share capital and voting rights of HaTo World B.V. (“BigAirBag”), a Dutch manufacturer of inflatable landing airbags. The agreement between ABEO and BigAirBag sole shareholder Huting Company B.V. covers the purchase of 70% of BigAirBag shares. The acquisition will be financed with equity via a 64% cash payment coupled with a 36% payment in ABEO shares.
In December 2023, Kite Packaging has launched its new line of dunnage bags, designed to ensure unparalleled stability, security and environmental responsibility within cargo transit. Dunnage bags are ideal for filling voids around goods, securing them into place and preventing movement, reducing the risk of damage and breakage for enhanced customer satisfaction.
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.