Market Overview:
The global foil balloon market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for decorative balloons, increasing disposable income, and growing retail sector. In terms of type, the plain foil balloon segment is expected to lead the global market during the forecast period. This can be attributed to its low cost and easy availability. However, other types of foil balloons are also witnessing high demand due to their unique designs and patterns. In terms of application, commercial applications are expected to dominate the global market during the forecast period owing to increased spending on celebrations and festivities by consumers across regions.
Product Definition:
A foil balloon is a type of balloon that is made out of aluminum foil. It is important because it can be inflated with helium and lasts much longer than traditional latex balloons.
Plain:
Plain is a type of balloon that has been used as the standard balloon in various events and functions. The plain balloon has no color or graphics on it, it is just an all-white ballon with the name of the company printed on it. It was initially created for military use to deliver messages but now its usage is more widespread across several applications such as sports events, promotional campaigns, festivals and others.
The plain balloon market size spans application areas.
Numbers & Letters:
The global foil balloon market size was valued at USD 4.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its increasing application in events, parties, and festivals. The rising number of promotional events organized by various organizations across the globe will drive demand for these balloons as they are used for advertising products and brands at such occasions.
Application Insights:
The commercial application segment held the largest share of over 70.0% in 2017. Rising use of foil balloons for various events such as weddings, anniversaries and birthdays is expected to drive the demand for foil balloons in this segment over the forecast period. Furthermore, increasing number of sports events such as basketball games and tennis matches are expected to contribute towards market growth during the same period.
The residential application segment is projected to witness significant growth with a CAGR of XX% from 2018 to 2030 owing to rising consumer spending on luxury items including home decor and furniture which often include helium-filled latex balloons among other products such as air fresheners and party supplies that consumers buy from retail stores or online retailers The others application category includes corporate functions, promotional activities, product launches etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 6% from 2018 to 2030. This can be attributed to the presence of major companies, such as AAFES; American Greetings; and Hallmark Cards Inc., in this region. Moreover, according to the U.S.-based National Retail Federation (NRF), retailers across this region sold around 1 billion balloons during Halloween celebrations in 2016-2017 season alone, which further drives demand for these products over the forecast period.
Asia Pacific is anticipated to register significant growth over the next eight years owing with increasing number of corporate events and parties held annually by various organizations such as colleges & universities, hotels & restaurants, and government departments among others across countries like China.
Growth Factors:
- Increasing demand for decorative items: The global foil balloon market is expected to grow at a CAGR of more than 5% during the forecast period. This can be attributed to the increasing demand for decorative items across the world. Foil balloons are used as a form of decoration in various events such as birthdays, weddings, and anniversaries.
- Rising disposable income: Another key growth driver for this market is rising disposable income, which is resulting in an increase in spending on discretionary items such as party decorations and gifts. This is further propelling the growth of the global foil balloon market.
- Technological advancements: The introduction of new technologies has helped manufacturers to produce innovative products that are attractive and have longer lifespans than traditional foil balloons. This is attracting consumers and fuelling the growth of this market segmentation..
Scope Of The Report
Report Attributes
Report Details
Report Title
Foil Balloon Market Research Report
By Type
Plain, Numbers & Letters, Other Types
By Application
Commercial, Residential, Others
By Companies
Gemar Balloons, Pioneer Balloon, Amscan, BELBAL, Xingcheng, CTI Industries, Maple City Rubber, Colour Way, Balonevi, BK Latex, Gemar Balloons
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Foil Balloon Market Report Segments:
The global Foil Balloon market is segmented on the basis of:
Types
Plain, Numbers & Letters, Other Types
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
- Pioneer Balloon
- Amscan
- BELBAL
- Xingcheng
- CTI Industries
- Maple City Rubber
- Colour Way
- Balonevi
- BK Latex
- Gemar Balloons
Highlights of The Foil 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:
- Plain
- Numbers & Letters
- Other Types
- 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 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?
A foil balloon is a type of balloon made from thin sheets of metal that are placed over a gas-filled balloon. When the air inside the foil balloons is released, it creates an inflated shape similar to that of a regular balloon.
Some of the major companies in the foil balloon market are Gemar Balloons, Pioneer Balloon, Amscan, BELBAL, Xingcheng, CTI Industries, Maple City Rubber, Colour Way, Balonevi, BK Latex, Gemar Balloons.
The foil balloon market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Foil 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Foil 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 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 Market Size & Forecast, 2020-2028
4.5.1 Foil Balloon Market Size and Y-o-Y Growth
4.5.2 Foil 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 Plain
5.2.2 Numbers & Letters
5.2.3 Other Types
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 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 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 Plain
9.6.2 Numbers & Letters
9.6.3 Other Types
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 Plain
10.6.2 Numbers & Letters
10.6.3 Other Types
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 Plain
11.6.2 Numbers & Letters
11.6.3 Other Types
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 Plain
12.6.2 Numbers & Letters
12.6.3 Other Types
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 Plain
13.6.2 Numbers & Letters
13.6.3 Other Types
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 Market: Competitive Dashboard
14.2 Global Foil Balloon Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gemar Balloons
14.3.2 Pioneer Balloon
14.3.3 Amscan
14.3.4 BELBAL
14.3.5 Xingcheng
14.3.6 CTI Industries
14.3.7 Maple City Rubber
14.3.8 Colour Way
14.3.9 Balonevi
14.3.10 BK Latex
14.3.11 Gemar Balloons
