Market Overview:
The packaging industry has anticipated to show a tremendous growth in the recent years which in turn has impacted the shipping and logistic company. There has been a tremendous rise in the logistics and transportation services over the past few years. All these shipping and logistics carry valuable cargos which need to be protected from breakage while transiting to their destination. For these purposes, dunnage air bags are used. Dunnage air bags offer protective packaging to cargo and they are used for transporting the cargo safely to its destination. These bags are robust and lighter and are used for supporting large cargos. Dunnage air bags are kept between the cargos so that the load won’t fall and break when they are being transported.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Green Label Packaging (United States), Cordstrap B.V. (Netherlands)Tyoga Container Co Inc. (United States), Litco International Inc. (United States), Southern Bracing Systems Enterprises LLC (United States), Cejipac Sdn. Bhd. (Malaysia), Southern Packaging LP (United States), Bulk-Pack Inc. (United States), Gungzhou Packbest Air Packaging Co. Ltd. (China), Buffers USA Inc. (United States), Parimet Safepak (Shenzhen) Company Limited (China), Atmet Group Inc. (United States), Stopak India Pvt. Ltd. (India), Shippers Products (United States), Shippers Europe Sprl (Europe), Bates Cargo-Pak ApS (Denmark), Cargo Tuff LLC (United States), Etap Packaging International GmbH, International Dunnage A.S. (United States), Plastix USA LLC (United States) and Tianjin Zerpo Supply Co.Ltd. (China) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Manufacturers of Dunnage Air Bags Market Study:
Green Label Packaging (United States), Cordstrap B.V. (Netherlands)Tyoga Container Co Inc. (United States), Litco International Inc. (United States), Southern Bracing Systems Enterprises LLC (United States), Cejipac Sdn. Bhd. (Malaysia), Southern Packaging LP (United States), Bulk-Pack Inc. (United States), Gungzhou Packbest Air Packaging Co. Ltd. (China), Buffers USA Inc. (United States), Parimet Safepak (Shenzhen) Company Limited (China), Atmet Group Inc. (United States), Stopak India Pvt. Ltd. (India), Shippers Products (United States), Shippers Europe Sprl (Europe), Bates Cargo-Pak ApS (Denmark), Cargo Tuff LLC (United States), Etap Packaging International GmbH, International Dunnage A.S. (United States), Plastix USA LLC (United States) and Tianjin Zerpo Supply Co.Ltd. (China)
Dunnage Air Bags Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Truck, Ship, Railway and Others |
Type | Poly-woven, Kraft Paper, Vinyl and Others |
Packaging Type | Paper Dunnage Bags,Woven Dunnage Bags,Laminated Dunnage Bags |
Material Type | Poly-woven,Kraft Paper,Vinyl,Others |
Bag Type | 2 Layers,4 Layers,6 Layers,8 Layers and above |
The Kraft Paper segment is expected to command the largest share of the Global Dunnage Air Bags market The Overseas segment is expected to command the largest share of the Global Dunnage Air Bags market
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 to prevent cargo load movement so that cargo is not damaged.
Market Growth Drivers:
High Demand in shipping and logistics company for packaging and transportation, Increased cost efficiency and durability, Growing importance of transporting cargo and Increasing export and import activities of fragile cargos.
Challenges:
Stringent regulations on usage of plastics by the Government are posing a challenge for this market.
Restraints:
Unsteady world economic conditions and poor resistance to damage in case of shipping any sharp pointed objects may hamper the growth of the market.
Opportunities:
Tremendous contribution by Dunnage bags to the overall transportation industry, thereby boosting trade opportunities to the players of the market.
Some of the other players that are also part of study are Atlas Dunnage (United States), Eltete Middle East FZ LLC (United Arab Emirates), Phoebese Industrial (Shanghai) Co., Ltd.(China), Vir Engineers (India) and Down River, Inc. (United States). The Global Dunnage Air Bags market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
The ‘Product Performance Profile for Pneumatic Dunnage’ has verified AB Airbags ‘Bear Bags’ Level 1 in June 2018 and Atmet Group’s product of Dunnage bag ‘Level 4’ in February 2018.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Dunnage Air Bags market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Dunnage Air Bags market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Dunnage Air Bags, Distributors, Suppliers, Traders, Downstream Vendors and Government and Regulatory bodies.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.