Air Cushion Packaging Market Share, Size, Trends, Industry Analysis Report, By Application (Wrapping, Void Filling, Block & Bracing, Corner Protection); By End-Use (Food & Beverage, Consumer Electronics, Personal Care & Cosmetics, Healthcare & Pharmaceutical); By Regions; Segment Forecast, 2021 - 2028
The global air cushion packaging market size is expected to reach USD 5.95 billion by 2028 according to a new study by Polaris Market Research. The report “Air Cushion Packaging Market Share, Size, Trends, Industry Analysis Report, By Application (Wrapping, Void Filling, Block & Bracing, Corner Protection); By End-Use (Food & Beverage, Consumer Electronics, Personal Care & Cosmetics, Healthcare & Pharmaceutical); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing disposable income of consumers coupled with rising demand for fast-moving consumer goods and electronic products would provide numerous growth opportunities for the cushion packaging market during the forecast period.
Air cushion packing is increasingly being used owing to its enhanced ability to withstand the stresses and strains during transit and storage. The significant growth in e-commerce and rising adoption of biodegradable packing solutions owing to increasing environmental concerns have resulted in the growth of the cushion packaging market.
On the basis of application, the industry is segmented into wrapping, void filling, block & bracing, corner protection, and others. The void filling segment accounted for the highest share in 2019. Cushions are plastic sheets filled with air, which are used to provide padding to products within a packaging box.
Air cushion packing provides greater protection by filling the space between the product and the outer packaged box. The growing demand for lightweight, small, and convenient packing drives the growth of the concerned market. The rising demand for food products and consumer goods has increased the demand for cushion packing across the globe.
The industry is segmented into food & beverage, consumer electronics, personal care & cosmetics, home furnishing, healthcare & pharmaceutical, and others based on end-use. The consumer electronics segment accounted for a major share in the global cushion packing industry in 2020.
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