Kraft Paper Air Bag Market: An Overview

Global protective packaging market has witnessed substantial growth in the past few years. Among various protective packaging solutions, dunnage airbags have gained significant traction. This can be attributed to their ability to provide superior protection at an economical cost. These dunnage bags can be made up of various material types including poly-woven materials, kraft paper, and others. Out of these materials, Kraft paper is preferred because of its high load-bearing capacity and can be reused. It is known for its robust multilayered structure and high puncture resistance. Kraft paper air bags are inflatable bags used for securing cargo transported by land, rail, and sea. Various sizes and thicknesses are available so as to protect loads and reduce damage during transit. Kraft paper air bags have an opening in the inner bag, which permits airflow in and out of the bag. These bags are placed in the gaps between cargo units to fill the voids between products, such as cases, crates, pallets, and barrels. Moreover, using kraft paper air bags for transportation of commodities helps in significantly reducing the impact of load shifting which diminishes the chances of cracks and rupture of the shipment.

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Kraft Paper Air Bag Market: Dynamics

For transporting fragile products such as electronic devices, artwork, medical equipment, glass and such, extra caution needs to be taken. Even the narrowest openings can create uneven stress which might lead to cracks and breakage. These openings can be filled by using kraft paper air bags to protect the goods against cracks as well as sudden brakes & rapid acceleration. This is expected to propel the demand for kraft paper air bags in the coming years.

Moreover, increasing trade activities between developed and developing economies have translated into immense opportunities for the growth of kraft paper air bag market. Manufacturers do not want to remain confined to their domestic markets and are trading overseas. The growing trend of inter-oceanic trade is expected to create significant growth opportunities for kraft paper air bags in the global market.

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Kraft Paper Air Bag Market: Segmentation

Globally, the kraft paper air bag market has been segmented into thickness and end-uses

On the basis of thickness, the global kraft paper air bag market has been segmented as follows

  • 2 Ply
  • 4 Ply
  • 6 Ply
  • 8 Ply

On the basis of end-uses, the global kraft paper air bag market has been segmented as follows

  • Trucks
  • Ships
  • Railways

Kraft Paper Air Bag Market: Regional Outlook

Geographically, the global kraft paper air bag market has been segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa (MEA). The Asia Pacific region is estimated to dominate the kraft paper air bags market due to growing export and import in the region. China and India are manufacturing hubs in the region which are expected to drive the sales of kraft paper air bags in the region. In the developing economies of Latin America, an increase in the consumption of end products due to improving living standard and growing income has created new market opportunities to evolve. However, in developed regions, the demand for kraft paper air bags is considered to be steady owing to its established logistics services and manufacturing activities. Developed economies such as North America and Europe are expected to exhibit steady growth in the global kraft paper air bags market which can be attributed to the well-defined supply chains and logistics industries in the region.

Kraft Paper Air Bag Market: Key Players

Some of the key players operating in the global kraft paper air bag market are Green Label Packaging, Down River, Inc., Vir Engineers, Phoebose Industrial (Shanghai) Co., Ltd., Litco International, Inc., Guangzhou Packbest Air Packaging Co., Ltd., Eltete Middle East FZ LLC, Etap Packaging International GmbH, Bates Cargo-Pak ApS, and Shippers Europe Sprl, Atmet Group Inc. among others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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