Geographically, Asia-Pacific is expected to become the largest shareholder of the global party balloon market, owing to rising disposable incomes and growing trend of celebrations in the form of birthday parties, official and home parties, etc. . Some of the key players mentioned in the report are: Amscan Inc., Balonevi, Belbal, Galaxy Balloon Inc., Gemar Srl, HI-FLOAT, Lufi Expressz, and Buttericks Leco AB.
Dallas, Texas, Oct. 5, 2022 (GLOBE NEWSWIRE) — Global Economic Growth party balloon market is expected to recover post-corona record revenue growth of USD 2.5 billion in 2030. The growth rate is expected to be 5% during the forecast period 2022-2030.
Rising disposable income, growing trend of official and home parties, birthday party makeovers, fairytale-themed parties, and the ever-increasing popularity of themed virtual video call parties are driving the world. leading the party balloon market.
However, the implications and implications of the COVID-19 pandemic are far-reaching, posing myriad challenges to governments at all levels, as well as to the party balloon business and the well-being of communities around the world. .
Global Party Balloon Market Scope:
|
index |
detail |
|
study period |
2019-2030 |
|
Market size in 2029 |
US$2.5 billion |
|
Target segment |
By type, by application, by region, |
|
By type |
Printed and non-printed; sizes: less than 15 inches, between 15 inches and 30 inches, and above 30 inches |
|
Target application |
Commercial, Residential, Other.and distribution channels: online and offline |
|
Target area |
North America, Europe, Asia Pacific, Middle East, Africa, South America |
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Key Player Profiles |
Amscan Inc., Balonevi, Belbal, Galaxy Balloon Inc., Gemar Srl, HI-FLOAT, Lufi Expressz, Buttericks Leco AB, CTI Industries, Folat BV, Maple City Rubber, Pioneer Worldwide, Progressive Balloons Inc, Rubek Balloons. |
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Restrictions and lockdowns have disrupted supply chains and markets, impacted operations, drastically reduced the scope of employment, fluctuated household incomes, reduced tax revenues and government-wide revenues. This hampered the global party balloon market.
Nevertheless, despite the global negative impact of COVID-19, party balloon companies have been able to use the crisis to adapt and innovate. Most importantly, during the pandemic, small and other businesses reeling under the economic fallout have innovated and implemented their own strategies to help them cope with the pandemic’s impact.
In addition to this, government support and initiatives also helped the market weather the economic impact. Market players have struggled to cope, adapt, overcome and even survive the pandemic. These groups adopted innovations in different national and social contexts and survived due to how production, supply and markets continued to function. In addition, adaptation policies, investments and action plans have been developed to support businesses in response to government policies and interventions and for future business sustainability and resilience. Retailing products online, building business groups to strengthen networks, and building trust in product quality and safety to win customers has significantly boosted the global party balloon market. .
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Regionally, the Asia-Pacific region saw rising disposable incomes, growing trends in formal and home parties, birthday party makeovers, fairytale-themed parties, and popularity of themed virtual video call parties. It is the largest shareholder of the global party balloon market as it continues to grow. region. Market leaders are also investing heavily in new product development, eco-friendly balloons, collaborations with start-ups and medium-sized companies, etc. Therefore, according to market enthusiasts and researchers, APAC is It could play an important role in improving overall market profitability.
Key takeaways from the table of contents:
1.First of all
2. Survey method
3. Market Outlook
4. Party Balloon Market Product Type Overview, 2022-2029 (USD Billion)
• Artistic balloons
• Cost-effective rates
• wide range
5. Party Balloon Market Overview by End-User, 2022-2029 (USD Billion)
• home
• Commercial
• Residential
• others
6. Filling Type Overview, 2022-2029 (USD Billion)
• Oblong
• Cylindrical
• heart
7. Party Balloon Market by Region from 2022 to 2029 (USD Billion)
o North America
we
Canada
o Europe
England
Germany
France
rest of europe
o Asia Pacific
China
Japan
India
Rest of Asia Pacific
South America
Brazil
Mexico
Rest of South America
o Middle East and Africa
8. Competitive environment
10. Company Profile.
11. Appendix
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