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[185+ Pages PDF Report] Global Party Balloon Market in 2019 is approximately USD 224.90 Million and the market is expected to grow at a CAGR of 5.5%.
This professional and specialized report study examines the technical and business perspective of the Party Balloon industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Party Balloon Market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall Party Balloon Market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.
We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Party Balloon Market in our study.
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Party Balloon Market. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Party Balloon Market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Party Balloon Market.
The research study provides a critical assessment of the Party Balloon industry by logically segmenting the market on the basis of product type, connectivity, port, distribution channel, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the Party Balloon industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Balloons are inflammable, flexible latex bags varied in different sizes that are inflated with the help of air, helium, nitrous oxide, oxygen, or hydrogen. Sometimes balloons are inflated with water, sand, or other particles. Recently, balloons are made of nylon fabric, polychloroprene, or other material; these are available in different colors and shapes. Balloons are used for decorating weddings, birthday parties, school events, corporate functions, and other occasions. Most frequently related by means of helium inflamed balloon decor, recently balloon decorators have preferred the creation of air-filled balloon decorations as a non-renewable natural resource such as helium is limited in supply.
The increased rise in the use of decorative items is increasing the demand for the party balloon market across the map. Party balloons are designed in shapes and sizes that match the occasion. Recently, with an increase in event management companies and party organizers, customized use of party balloons has increased in purposes such as weddings, corporate events, and others.
By type, the market is divided into Latex Party Balloon and Foil Party Balloon. On the basis of application, the market is divided into commercial and residential.
Some of the key players operating in the Party Balloon Market around the globe include Latex Occidental, CTI Industries, BELBAL, Pioneer Balloon, Sempertex, Maple City Rubber Company, Amscan International Ltd., Rubek Balloons Pvt Ltd, Balonevi, Tailloon, and others.
Key Insights from Primary Research
Key Recommendations from Analysts
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