Balloon Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

A printed balloon is a flexible or stretchable bag that can be filled with helium, hydrogen, oxygen, air, or nitrous gas (laughing gas). The balloons are available in a variety of colors and are constructed of latex, rubber, or nylon fabric. Balloons are used for decoration, amusement, balloon modeling, and event publicity. They can be printed or unprinted. Several advantages of balloons such as easy availability and inexpensive are expected to drive the market during the forecast period.

MARKET DYNAMICS

A growing celebration such as birthday parties, corporate events, weddings, and other festive gatherings around the world is driving the growth of the balloon market. Furthermore, the production of eco-friendly balloons such as latex balloons by manufacturers is anticipated to create market opportunities for the balloon market during the forecast period. However, due to pandemics, people are restricted from going out and organizing or attending any party/function which is acting as a restrain for the growth of the balloon market.

MARKET SCOPE

The "Balloon Market" 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 balloon market with detailed market segmentation by type and distribution channel. The balloon market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading balloon market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The balloon market is segmented by type into latex balloons, mylar balloons, and cloudbuster balloons. By distribution channel, the balloon 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 balloon market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The balloon 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 balloon 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 balloon market in these regions.

MARKET PLAYERS

The report covers vital developments in the balloon 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 balloon market are anticipated to witness lucrative growth opportunities in the future with the rising demand for camera lenses in the global market. Below mentioned is the list of few companies engaged in the balloon market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the balloon market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Amscan Inc.
- Balonevi
- Belbal
- CTI Industries
- Folat B.V.
- Galaxy Balloons Incorporated
- Gemar Balloons
- Hi Float Company
- Maple City Rubber Co.
- Lufi Expressz Ltd
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Balloon Report Scope