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Party Balloon Market Size, Share Global Analysis Report, 2022 – 2028
Party Balloon Market Size, Share, Growth Analysis Report By Type (Printed, Non-printed), By Product (Latex Party Balloon, Foil Party Balloon), By Size (Less than 15”, Between 15” and 30”, More than 30), By Application (Commercial, Residential, Others), By Distribution Channels (Online, Offline, Supermarkets, Hypermarkets, Specialty Stores, Retail Shops), and By Region - Global Industry Insights, Comparative Analysis, Trends, Statistical Research, Market Intelligence, and Forecast 2022 – 2028
Industry Insights
[207+ Pages Report] According to Facts and Factors, The global party balloon market size was valued at USD 1482.8 million in 2021 and is predicted to increase at a CAGR of 4.8% to USD 1,964.4 million by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.
Market Overview
Party balloons are airtight bags that can be inflated by using most kinds of common gases and are used for decorative purposes on a global scale on multiple occasions. They come in all colors, shapes, and sizes and are appealing to all age groups ranging from children to adults. They are also used for marketing and advertisement purposes as they can provide a unique perspective. Increasing instances of party occasions across the world and rising disposable income of the general population will further drive the Party balloon market potential over the coming years.
Changing consumer trends and rising spending capacity on a global scale will provide new opportunities for the Party balloon manufacturers over the coming years. They can utilize these opportunities to further bolster their offerings and increase revenue generation potential. However, the Party balloon market could be restrained by the presence of competitive pricing in local markets and hence slow down the global Party balloon market revenue generation capacity.
Impact of COVID - 19
The sudden emergence of the COVID-19 pandemic led to major changes in the global economy and led to major lifestyle changes in order to deal with the infectious spread of coronavirus infections. The party balloon market also experienced a downfall in its growth trend due to the pandemic of 2020 as all public gatherings and events were closed to avoid communities spread across the world. The party balloon sales were hampered by restricted manufacturing and sales activity under the multiple lockdown restrictions that were prevalent on a global scale. The party balloon market is expected to rise at a steady pace in the post-pandemic era owing to the reopening of multiple public spaces and lifting of lockdown restrictions that will bring back the gatherings and occasional selections back to normal which utilize Party balloons.
The complete research study looks at both the qualitative and quantitative aspects of the party balloon market. Both the demand and supply sides of the market have been investigated. The demand side study examines market income in various regions before comparing it to all of the major countries. The supply side research examines the industry's top rivals, as well as their regional and global presence and strategies. Each major country in North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America is thoroughly investigated.
Segmentation Analysis
The global Party balloon market is segregated based on product, type, size, application, distribution channel, and region.
In terms of Product, latex party balloons are expected to exhibit a dominant outlook over the forecast period as their manufacturing and consumption rise on a global scale. Increasing demand for eco-friendly products will further bolster the growth of this segment in the years to come. Party balloon manufacturers will manufacture more latex balloons to meet the sustainability requirements and ace the market revenues.
The commercial applications segment is expected to see high demand over the forecast period owing to rising demand from the commercial sector in light of changing corporate trends in the corporate culture across the world. The theme of celebrations and inclusivity in the corporate culture will majorly influence the demand for the Party balloon over the forecast period.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 1482.8 Million |
Projected Market Size in 2028 |
USD 1,964.4 Million |
CAGR Growth Rate |
4.8% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
Amscan Inc., Balonevi, Belbal, Buttericks Leco AB, CTI Industries, Folat B.V., Galaxy Balloon Inc., Gemar Srl, HI-FLOAT, Lufi Expressz, Maple City Rubber, Melloc Handelsgesellschaft und Agentur GmbH, and Others |
Key Segment |
By Type, Product, Size, Application, Distribution Channels, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Regional Landscape
The Asia Pacific is projected to emerge as the most lucrative region for the Party balloon market over the forecast period. The evolving corporate culture and rising disposable income of the population are expected to be major factors favoring Party balloon demand in this region. Increasing events of celebration and changing consumer preferences owing to the rising number of celebrations in the region in the corporate world will drive Party balloon market growth in the long term.
The North America Party balloon market is estimated to account for a significant market share in the global market landscape. The high use of Party balloon in the decoration of multiple events and occasions in this region will majorly boost Party balloon market growth over the forecast period. Europe will also account for a significant market share in the global Party balloon market landscape.
List of Key Players in the Global Party balloon Market:
- Amscan Inc.
- Balonevi
- Belbal
- Buttericks Leco AB
- CTI Industries
- Folat B.V.
- Galaxy Balloon Inc.
- Gemar Srl
- HI-FLOAT
- Lufi Expressz
- Maple City Rubber
- Melloc Handelsgesellschaft und Agentur GmbH
- Passatgummi Schreven GmbH & Co KG
- Pioneer Worldwide
- Progressive Balloons Inc
- Rubek Balloons
- Sempertex
- TAILLOON Balloons
- Wisa Enschede B.V.
- Xiong County Hengli Latex Products Co.
The Global Party Balloons Market is segmented as follows:
By Type
- Printed
- Non-printed
By Product
- Latex Party Balloon
- Foil Party Balloon
By Size
- Less than 15”
- Between 15” and 30”
- More than 30
By Application
- Commercial
- Residential
- Others
By Distribution Channels
- Online
- Offline
- Supermarkets
- Hypermarkets
- Specialty Stores
- Retail Shops
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Content
Industry Major Market Players
- Amscan Inc.
- Balonevi
- Belbal
- Buttericks Leco AB
- CTI Industries
- Folat B.V.
- Galaxy Balloon Inc.
- Gemar Srl
- HI-FLOAT
- Lufi Expressz
- Maple City Rubber
- Melloc Handelsgesellschaft und Agentur GmbH
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