Air Cushion Packaging Market To Reach $5.49 Billion By 2030

The global air cushion packaging market size is projected to be valued at USD 5.49 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 5.0% over the forecast period. This growth in demand can be attributed to rising importance of high degree of protection of goods from harsh transit conditions and surfaces, along with offering flexibility in various other applications.

Air cushions are dual-material custom packaging solutions usually made up of polyethylene and filled with air. Consumer shift from using bubble wraps to air cushions for packing has been observed in recent years, majorly due to their sustainability and ease of use. Air pillows also take up less of space in warehouses, thus reducing storage cost and improving optimal usage of space.

Based on functionality, void filling is the dominant segment and is expected to witness strong growth over the forecast period. Air cushions are the optimal solution for closing up gaps between secondary and tertiary packaging. In addition, they offer flexibility to control the air pressure inside the packing depending on its application.

In terms of end-user application, the consumer electronics and appliances segment is anticipated to register a CAGR of 5.9% during the forecast period. Soaring online sales of consumer electronics through various e-commerce websites is the primary factor driving this segment. Electronics require high levels of protective packaging due to their fragility.

Air Cushion Packaging Market Report Highlights

• Void filling functionality is expected to be the fastest growing segment, which can be attributed to growing use of dual packaging solutions used by vendors to minimize cost of product delivery and lower the chances of returns from customers
• The beauty and personal care end-user segment held the dominant share in 2023 and will amount to USD 830.14 million in 2030. An increasing number of consumers have been purchasing personal care products online, which spurs the demand for effective packing solutions
• Asia Pacific dominated the air cushion packaging market with a market share of 43.8% in 2023. This was primarily driven by the robust growth of the e-commerce sector and the escalating demand for electronic products in the region.

Air Cushion Packaging Market Segmentation

Grand View Research has segmented the global air cushion packaging market based on functionality, application, and region:

Air Cushion Packaging Functionality Outlook (Revenue, USD Million, 2018 - 2030)

• Void Filling
• Block & Bracing
• Wrapping
• Corner Protection

Air Cushion Packaging Application Outlook (Revenue, USD Million, 2018 - 2030)

• Consumer Electronics & Appliances
• Home Décor & Furnishing
• Beauty & Personal Care
• Food & Beverages
• Pharmaceutical & Medical Devices
• Others

Air Cushion Packaging Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Thailand
  • Indonesia
  • Malaysia
  • Australia
• Latin America
  • Brazil
  • Argentina
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE

Key Players in the Air Cushion Packaging Market

• DynaCorp
• Pregis LLC.
• Sealed Air
• Smurfit Westrock
• STOROPACK HANS REICHENECKER GMBH
• Friends Provident International Limited.
• Ranpak
• Ivex
• Macfarlane Group PLC
• IPG
• Hanchett Paper Company.
• Veritiv Corporation

Order a free sample PDF of the Air Cushion Packaging Market Intelligence Study, published by Grand View Research.