Demand for Protective Packaging to drive the Air Cushion Machine Market, reaching US$ 775.8 Million by the year 2032 at a CAGR of 4.7% in the forecast period 2022 to 32 | Future Market Insights, Inc.
Demand for Protective Packaging to drive the Air Cushion Machine Market, reaching US$ 775.8 Million by the year 2032 at a CAGR of 4.7% in the forecast period 2022 to 32 | Future Market Insights, Inc.
North America was the largest market for air cushion machines market and the trend is expected to continue into the forecast period owing to the increasing disposable incomes, and growing demand for consumer electronics in the region.
NEWARK, Del: The global air cushion machine market was worth US$ 488.2 Million in the year 2022 and is expected to reach US$ 775.8 Million by the year 2032 at a CAGR of 4.7% between 2022 and 2032.
The key market participants are emphasizing on strengthening the supply chain network. Protective packaging is actually playing a vital role over here. This catalyzes the demand for air cushion machines. Being lightweight is one of the factors bolstering the air cushion machine market.
At the same time, the fact that alternatives such as paper packaging are available can’t be ignored. Additionally, there are substitutes like foam and molded fiber trays available. These could reduce the demand for air cushion machines in the years to come. Plus, stern rules and regulations laid down by the governments regarding ban on plastics could restrain the air cushion machine market in the forecast period.
Future market Insights has walked through these facets with insights in its latest market study entitled ‘Air Cushion Machine Market’. It has its team of analysts and consultants to deploy an eagle’s eye view in its primary, secondary, and tertiary modes of research.
“Technological advancements in packaging vertical is expected to drive the air cushion machine market in the forecast period”, says an analyst from Future Market Insights.
Key Takeaways from Air Cushion Machine Market
North America holds the largest market share with the US being subject to an extensive demand for consumer electronics. Air cushion machines are being asked for to suffice safer packaging.
Europe holds the second-largest market share due to growing inclination toward advancements in packaging technology. Online shopping applications are also driving the demand for the air cushion machines.
The Asia-Pacific is expected to pick up pace in air cushion machine market going forward due to increasing awareness regarding the same.
STM AeroTab makes provisions for Electronic Flight Bag solutions for the aviation pilots. The features include flight plan display, digit moving map, waypoints on digital map, flight management system integration, flight data display, document management, user management, weather forecasting, performance calculation, detailed information about airport, weather chartering, NOTAM display, fuel information, weight & balance calculation, checklist generation, data archiving, and electronic logbook.
Skypaq provides defect management, airworthiness monitoring, and system integration for aviation vertical. The product eLog does allow distribution of operational and technical data to the airline IT systems on the basis of ATA SPEC2000 Chapter 17 and Chapter 11 specifications.
Sealed Air, in June 2021, did invest over US$ 30 Million in its APS (Automated Packaging Systems) brand for modernizing and expanding capacity of the facilities. These investments saw Sealed Air install ‘touchless’ automation as well as proprietary digital printing technologies at APS facilities in Streetsboro and Bedford Heights (Ohio) and Keyser (West Virginia).
Storopack, February 2021, unleashed a novel paper cushion system especially designed for applications needing secure packaging material and higher throughput. PAPERplus Track system does provide paper cushions at packing station, thereby ascertaining effective padding. It could be used for packaging 5 – 50 Kg products.
Kite packaging Ltd., in March 2021, did expand the product portfolio with broad spectrum of its ‘filler and wrapper cushions’ with air on demand and makes use of 100% recyclable film. This range constitutes three exclusive systems, thereby letting customers buy a system especially suited to volumes and sizes.
What does the Report state?
The research study is based on operating speed (air cushion machines <50 CPM, air cushion machines from 50 – 100 CPM, and air cushion machines >100 CPM), by end-use (air cushion machines in electrical & electronic industry, air cushion machine in e-Retail industry, air cushion machine in shipping & logistics industry, air cushion machine in consumer goods industry, and air cushion machine in others).
With rising demand for energy-efficient, high-quality devices, the global air cushion machine market is bound to witness an astounding growth in the years to come.
About the Packaging Division at Future Market Insights
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, and packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
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