Market Overview:
The global foil balloon & latex balloon market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for balloons for various applications, such as commercial, residential, and others. Foil balloons are witnessing high demand due to their attractive designs and colors that add festivity to any occasion. In addition, latex balloons are also gaining popularity due to their biodegradable nature and low price point as compared with foil balloons.
Product Definition:
A foil balloon is a type of balloon made out of metalized plastic film. Latex balloons are made out of natural latex rubber. Both types of balloons are inflated with air, helium, or a combination of the two. Foil balloons are used for decorations and as party favors, while latex balloons are used for both decorations and as party favors.
Latex Balloons:
Latex balloons are used for advertising and promotional activities. They are made of latex, a highly stretchable and durable polymer material. The most common types of latex balloon fillings include white, yellow, blue, and green color filled balloons. These colors represent different flavors or messages that the marketers want to convey to their target audience.
Foil Balloons:
Foil balloon is a type of balloon made from thin layers of aluminum and plastic. The outer layer is made from aluminum while the inner layer consists of flexible, often colored, plastic. When air is forced out through a small or large opening in the center, the resulting vacuum causes the balloon to expand to its full size.
The material used for making foil balloons can be varied as per consumer requirements.
Application Insights:
The commercial application segment held the largest share of more than 70.0% in 2017. Rising use of latex and foil balloons for various events such as weddings, anniversaries, birthdays and other similar occasions is expected to drive the demand over the forecast period. In addition, increasing number of events including corporate parties and special occasions organized by local clubs in countries such as U.S., Canada, Australia and New Zealand is anticipated to propel industry growth over the coming years.
The residential application segment accounted for a significant market share in terms of revenue generation in 2017 owing to rising use of latex & foil balloons for decorating homes or lawns at social gatherings or during festivals season such as Diwali or Christmas are some common uses foiled balloon are used commonly by people across all age groups which include kids & babies along with adults also known as older kids & babies (OSB).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing number of events such as birthdays and parties in U.S., Canada, and Mexico. Furthermore, presence of key players such as balloon Fiesta Products Inc.
Asia Pacific is expected to be one of fastest growing regional markets from 2018 to 2030 due to rising population in countries like China and India that prefer celebrations with balloons on special occasions like festivals & marriages & anniversaries etc.
Growth Factors:
- Rising disposable income of consumers in developing countries is expected to drive the demand for foil balloons and latex balloons over the forecast period.
- Increasing trend of using balloons as decorative items is projected to propel the growth of global foil balloon and latex balloon market during the forecast period.
- Growing popularity of themed parties is anticipated to boost sales of foil balloons and latex balloons in near future.
- Proliferation of online retailing is projected to provide significant opportunities for growth of global Foil Balloon & Latex Balloon market during the forecast period . 5 Increasing number of special occasions, such as birthdays, anniversaries, weddings etc., are expected to fuel demand for Foil Balloon & Latex Balloon products over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Foil Balloon & Latex Balloon Market Research Report
By Type
Latex Balloons, Foil Balloons
By Application
Commercial, Residential, Others
By Companies
Gemar Balloons (Italy), Pioneer Balloon (USA), Amscan (USA), BELBAL (Belgium), Xingcheng (China), CTI Industries (USA), Maple City Rubber (USA), Colour Way (China), Balonevi (Turkey), BK Latex (Thailand), Gemar Balloons (Italy)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Foil Balloon & Latex Balloon Market Report Segments:
The global Foil Balloon & Latex Balloon market is segmented on the basis of:
Types
Latex Balloons, Foil Balloons
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gemar Balloons (Italy)
- Pioneer Balloon (USA)
- Amscan (USA)
- BELBAL (Belgium)
- Xingcheng (China)
- CTI Industries (USA)
- Maple City Rubber (USA)
- Colour Way (China)
- Balonevi (Turkey)
- BK Latex (Thailand)
- Gemar Balloons (Italy)
Highlights of The Foil Balloon & Latex Balloon Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Latex Balloons
- Foil Balloons
- By Application:
- Commercial
- Residential
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Foil Balloon & Latex Balloon Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Foil Balloon is made of thin, shiny foil that has been printed with a design. The balloon is filled with hot air and then it is inflated. Latex Balloon is made of latex rubber and it has a smooth surface.
Some of the major companies in the foil balloon & latex balloon market are Gemar Balloons (Italy), Pioneer Balloon (USA), Amscan (USA), BELBAL (Belgium), Xingcheng (China), CTI Industries (USA), Maple City Rubber (USA), Colour Way (China), Balonevi (Turkey), BK Latex (Thailand), Gemar Balloons (Italy).
The foil balloon & latex balloon market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Foil Balloon & Latex Balloon Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Foil Balloon & Latex Balloon Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Foil Balloon & Latex Balloon Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Foil Balloon & Latex Balloon Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Foil Balloon & Latex Balloon Market Size & Forecast, 2020-2028
4.5.1 Foil Balloon & Latex Balloon Market Size and Y-o-Y Growth
4.5.2 Foil Balloon & Latex Balloon Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Latex Balloons
5.2.2 Foil Balloons
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Foil Balloon & Latex Balloon Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Foil Balloon & Latex Balloon Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Latex Balloons
9.6.2 Foil Balloons
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Latex Balloons
10.6.2 Foil Balloons
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Latex Balloons
11.6.2 Foil Balloons
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Latex Balloons
12.6.2 Foil Balloons
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Latex Balloons
13.6.2 Foil Balloons
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Foil Balloon & Latex Balloon Market: Competitive Dashboard
14.2 Global Foil Balloon & Latex Balloon Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gemar Balloons (Italy)
14.3.2 Pioneer Balloon (USA)
14.3.3 Amscan (USA)
14.3.4 BELBAL (Belgium)
14.3.5 Xingcheng (China)
14.3.6 CTI Industries (USA)
14.3.7 Maple City Rubber (USA)
14.3.8 Colour Way (China)
14.3.9 Balonevi (Turkey)
14.3.10 BK Latex (Thailand)
14.3.11 Gemar Balloons (Italy)
