At 4.8% CAGR, Global Party Balloon Market Size & Share to Hit USD 1,964.4 Million by 2028 - Comprehensive Research, Industry Trends, Demand & Forecast Report by Facts & Factors

DUBLIN, Ireland, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled "Party Balloon Market Size, Share, Growth Analysis Report By Type (Printed, Non-printed), By Product (Latex Party Balloon, Foil Party Balloon), By Size (Less than 15", Between 15" and 30", More than 30), By Application (Commercial, Residential, Others), By Distribution Channels (Online, Offline, Supermarkets, Hypermarkets, Specialty Stores, Retail Shops), and By Region - Global Industry Insights, Comparative Analysis, Trends, Statistical Research, Market Intelligence, and Forecast 2022 – 2028" in its research database.

"According to the latest research study, the demand of global Party Balloon Market size & share was valued at approximately USD 1482.8 million in 2021. The market is expected to grow above a CAGR of 4.8% and is anticipated to reach over USD 1,964.4 million by 2028."

The report analyses the Party Balloon market's drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Party Balloon market.

What is Party Balloon? How big is the Party Balloon Industry?

• Market Overview:

Party balloons are airtight bags that can be inflated by using most kinds of common gases and are used for decorative purposes on a global scale on multiple occasions. They come in all colors, shapes, and sizes and are appealing to all age groups ranging from children to adults. They are also used for marketing and advertisement purposes as they can provide a unique perspective. Increasing instances of party occasions across the world and rising disposable income of the general population will further drive the Party balloon market potential over the coming years.

Get a Free Sample PDF of this Research Report for more Insights with Table of Content, Research Methodology, and Graphs - https://www.fnfresearch.com/sample/party-balloon-market

(A free sample of this report is available upon request; please contact us for more information.)

Key Insights from Primary Research

• As per the analysis, the Party Balloon market is likely to grow above a CAGR of around 4.8% between 2022 and 2028.
• The Party Balloon market size was worth around US$ 1482.8 million in 2021 and is estimated to hit approximately US$ 1,964.4 million by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
• In terms of Product, latex party balloons are expected to exhibit a dominant outlook over the forecast period as their manufacturing and consumption rise on a global scale.
• On the basis of region, the Asia Pacific is projected to emerge as the most lucrative region for the Party balloon market over the forecast period.

Competitive Players

The report contains qualitative and quantitative research on the global Party Balloon Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts.

Some of the main players in the global Party Balloon market include;

• Amscan Inc.
• Balonevi
• Belbal
• Buttericks Leco AB
• CTI Industries
• Folat B.V.
• Galaxy Balloon Inc.
• Gemar Srl
• HI-FLOAT
• Lufi Expressz
• Maple City Rubber, and others

Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/party-balloon-market

Party Balloon Market Dynamics

Changing consumer preferences and rising disposable income among the general population are expected to be prominent trends influencing the party balloon market growth in the forecast period. Party balloons are used to decorate for occasions such as birthdays, weddings, events, and corporate parties and since the trend of celebration has increased across the world it will propel the party balloon market potential. Developed economies will be a high potential market for party balloon over the forecast period and emerging economies will give rise to new opportunities and hence favor party balloon market growth over the coming years.

Rising disposable income and changing consumer trends on a global scale are expected to prominently provide new opportunities for party balloon manufacturers. The increasing trend of sustainability is also expected to provide new opportunities for party balloon vendors and suppliers. However, competitive pricing in local markets will continue to hamper the global party balloon market potential in the years to come.

Party Balloon Market: COVID-19 Impact Analysis

The sudden emergence of the COVID-19 pandemic led to major changes in the global economy and led to major lifestyle changes in order to deal with the infectious spread of coronavirus infections. The party balloon market also experienced a downfall in its growth trend due to the pandemic of 2020 as all public gatherings and events were closed to avoid communities spread across the world.

The party balloon sales were hampered by restricted manufacturing and sales activity under the multiple lockdown restrictions that were prevalent on a global scale. The party balloon market is expected to rise at a steady pace in the post-pandemic era owing to the reopening of multiple public spaces and lifting of lockdown restrictions that will bring back the gatherings and occasional selections back to normal which utilize Party balloons.  

Browse the full "Party Balloon Market Size, Share, Growth Analysis Report By Type (Printed, Non-printed), By Product (Latex Party Balloon, Foil Party Balloon), By Size (Less than 15", Between 15" and 30", More than 30), By Application (Commercial, Residential, Others), By Distribution Channels (Online, Offline, Supermarkets, Hypermarkets, Specialty Stores, Retail Shops), and By Region - Global Industry Insights, Comparative Analysis, Trends, Statistical Research, Market Intelligence, and Forecast 2022 – 2028" Report at https://www.fnfresearch.com/party-balloon-market

Party Balloon Market: Segmentation Analysis

In terms of product, the party balloon market is further segmented into latex part balloons and foil party balloons. Of these the latex part balloons segment is projected to see high growth over the forecast period and will be majorly driven by rising demand for eco-friendly products across the world. Increasing focus on sustainability and rising production of latex balloons will further bolster growth in this segment through 2028

In terms of applications, the commercial segment is expected to hold a dominant outlook and will be a major driver for party balloon market growth through 2028. Changing corporate culture and rising demand for decorations in the corporate sector is also expected to boost demand in the corporate sector.

Regional Analysis:

The Asia Pacific party balloon market is expected to lead the global party balloon industry and is anticipated to account for a major market share over the forecast period. The presence of a huge consumer base and changing trends of celebration in this region are prime factors that influence the party balloon market growth on a massive scale. The low cost of manufacturing and presence of multiple manufacturers favors the party balloon market potential in this region and will drive growth.

However, the party balloon market is unorganized in this region and this could potentially slow down the party balloon market growth. Changing the corporate culture will also guide the party balloon market growth in this region over the coming years.

Have Any Query? Ask Our Experts: https://www.fnfresearch.com/inquiry/party-balloon-market

Key questions answered in this report:

• What is the market size and growth rate forecast for Party Balloon industry?
• What are the main driving factors propelling the Party Balloon Market forward?
• What are the leading companies in the Party Balloon Industry?
• What segments does the Party Balloon Market cover?
• How can I receive a free copy of the Party Balloon Market sample report and company profiles?

Report Scope:

Request for Customization on this Report as per your requirements - https://www.fnfresearch.com/customization/party-balloon-market

(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)

The global Party Balloon market is segmented as follows:

By Type

• Printed
• Non-printed

By Product

• Latex Party Balloon
• Foil Party Balloon

By Size 

• Less than 15"
• Between 15" and 30"
• More than 30

By Application

• Commercial
• Residential
• Others

By Distribution Channels

• Online
• Offline
• Supermarkets
• Hypermarkets
• Specialty Stores
• Retail Shops

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Southeast Asia
• The Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Request Your Free Sample Report of the Global Party Balloon Market @ https://www.fnfresearch.com/sample/party-balloon-market

Key Offerings:

• Market Size, Trends, & Forecast by Revenue | 2022−2028
• Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
• Market Segmentation – A detailed analysis by Type, Product, Size, Application, Distribution Channels, and Region
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Browse Other Related Research Reports from Facts & Factors

• Jewelry Market: https://www.fnfresearch.com/jewelry-market
  
• Hand Sanitizer Market: https://www.fnfresearch.com/hand-sanitizer-market
  
• Smart Kitchen Appliances Market: https://www.fnfresearch.com/smart-kitchen-appliances-market
  
• E-Tourism Market: https://www.fnfresearch.com/e-tourism-market
  
• E-Waste To Preciometal Market: https://www.fnfresearch.com/e-waste-to-preciometal-market
  
• Fabric Conditioner Market: https://www.fnfresearch.com/fabric-conditioner-market
  

About Facts & Factors:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client's/customer's conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Follow Us on LinkedIn: https://www.linkedin.com/company/fnfresearch

Follow Us on Twitter: https://twitter.com/fnfresearch

Follow Us on Facebook: https://www.facebook.com/factsandfactors/

Contact Us:

Rushikesh Dorge

USA: +1 347 690-0211

United Kingdom: +44 2032 894158

Japan: +81 50 5806 9039

India: +91 73877 19999

Email: sales@fnfresearch.com

Web: https://www.fnfresearch.com

Blog: https://www.fnfresearch.com/blog/