Market Overview:
The global gas balloons market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for helium gas balloons and hydrogen gas balloons across various applications such as scientific projects, advertising, and tourism. Additionally, the growing awareness about the benefits of using gas balloons is also contributing to the growth of this market. In terms of type, helium gas balloons are expected to account for a larger share of the global gas balloon market during the forecast period. This can be attributed to their high demand in scientific projects and advertising applications.
Product Definition:
A gas balloon is a type of balloon that uses gas to remain inflated. They are often filled with helium, which is lighter than air, causing the balloon to rise. Gas balloons are used for a variety of purposes, including as decorations, in advertising and for transportation.
Helium Gas Balloons:
Helium gas balloons are used to lift heavy loads and carry them away from the ground. Helium is a soft yellow inert gas, which occupies the lowest place in the periodic table of elements. It has a low boiling point and is easily liquefiable under normal atmospheric pressure.
Hydrogen Gas Balloons:
Hydrogen gas balloons are used in the transportation of gases. They are made up of plastic and aluminum and have a capacity to carry around 35% more gas than regular sized balloon. Hydrogen is the lightest element which has a positive single electron bound to it. It is produced naturally by the Sun, however, in order to be visible on Earth it needs to be converted into H2O (water).
Application Insights:
The scientific projects segment dominated the global gas balloons market in 2017. This can be attributed to increasing government funding for research and development activities across various countries. For instance, as per the budget of 2015-16, Ministry of Science & Technology (India) has allocated ¢â€š¹150 billion for Scientific Research Department which includes support to 785 researchers working in different areas such as space sciences, nuclear sciences and energy technologies. Similarly, China¢â‚¬â„¢s investment was around USD 142 billion during the same period while Russia invested more than USD 100 billion during 2014-15 to 2016-17 period on account of supporting R&D activities related to science and technology sectors in that country.
Regional Analysis:
North America dominated the global gas balloons market in 2017. North America is a major hub for several balloon events, such as hot air balloon festivals and parades, which has increased the demand for helium gas balloons in this region. The presence of key players such as Goodyear and latex manufacturers in this region also boosts the growth of this industry.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to increasing number of corporate events organized by various companies such as Infosys Ltd., TCS Ltd., Wipro Ltd., among others. In addition, countries like India are some of the largest consumers of helium because it is widely used in manufacturing balloons during wedding ceremonies and other celebrations across India.
Growth Factors:
- Increasing demand for gas balloons in the advertising and promotional sector is expected to drive the growth of the gas balloons market during the forecast period.
- The increasing popularity of helium-filled latex balloons as a decoration for special occasions is projected to fuel the growth of the gas balloons market in coming years.
- Rising disposable income levels among consumers are anticipated to boost sales of gas balloons, thereby propelling market growth over the forecast period.
- Growing awareness about environmental benefits offered by biodegradable gas balloons is expected to create new opportunities for players operating in this market during the forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Gas Balloons Market Research Report
By Type
Helium Gas Balloons, Hydrogen Gas Balloons
By Application
Scientific Projects, Advertising, Tourism
By Companies
A-NSE-AERO NAUTIC SERVICES AND ENGINEERING, Aeronautics LTD, AEROPHILE, Avian Balloon Corporation, Cameron Balloons, Lindstrand Technologies, OSKBES MAI, Worner, A-NSE-AERO NAUTIC SERVICES AND ENGINEERING
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Gas Balloons Market Report Segments:
The global Gas Balloons market is segmented on the basis of:
Types
Helium Gas Balloons, Hydrogen Gas 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
Scientific Projects, Advertising, Tourism
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:
- A-NSE-AERO NAUTIC SERVICES AND ENGINEERING
- Aeronautics LTD
- AEROPHILE
- Avian Balloon Corporation
- Cameron Balloons
- Lindstrand Technologies
- OSKBES MAI
- Worner
- A-NSE-AERO NAUTIC SERVICES AND ENGINEERING
Highlights of The Gas Balloons 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:
- Helium Gas Balloons
- Hydrogen Gas Balloons
- By Application:
- Scientific Projects
- Advertising
- Tourism
- 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 Gas Balloons 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?
Gas balloons are a type of hot air balloon that uses pressurized gas to lift the balloon and its passengers.
Some of the major players in the gas balloons market are A-NSE-AERO NAUTIC SERVICES AND ENGINEERING, Aeronautics LTD, AEROPHILE, Avian Balloon Corporation, Cameron Balloons, Lindstrand Technologies, OSKBES MAI, Worner, A-NSE-AERO NAUTIC SERVICES AND ENGINEERING.
The gas balloons 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 Gas Balloons 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 Gas Balloons Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gas Balloons 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 Gas Balloons 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 Gas Balloons Market Size & Forecast, 2020-2028
4.5.1 Gas Balloons Market Size and Y-o-Y Growth
4.5.2 Gas Balloons 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 Helium Gas Balloons
5.2.2 Hydrogen Gas 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 Scientific Projects
6.2.2 Advertising
6.2.3 Tourism
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gas Balloons 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 Gas Balloons 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 Helium Gas Balloons
9.6.2 Hydrogen Gas 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 Scientific Projects
9.10.2 Advertising
9.10.3 Tourism
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 Helium Gas Balloons
10.6.2 Hydrogen Gas 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 Scientific Projects
10.10.2 Advertising
10.10.3 Tourism
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 Helium Gas Balloons
11.6.2 Hydrogen Gas 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 Scientific Projects
11.10.2 Advertising
11.10.3 Tourism
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 Helium Gas Balloons
12.6.2 Hydrogen Gas 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 Scientific Projects
12.10.2 Advertising
12.10.3 Tourism
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 Helium Gas Balloons
13.6.2 Hydrogen Gas 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 Scientific Projects
13.10.2 Advertising
13.10.3 Tourism
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 Gas Balloons Market: Competitive Dashboard
14.2 Global Gas Balloons Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 A-NSE-AERO NAUTIC SERVICES AND ENGINEERING
14.3.2 Aeronautics LTD
14.3.3 AEROPHILE
14.3.4 Avian Balloon Corporation
14.3.5 Cameron Balloons
14.3.6 Lindstrand Technologies
14.3.7 OSKBES MAI
14.3.8 Worner
14.3.9 A-NSE-AERO NAUTIC SERVICES AND ENGINEERING
