The 𝐏𝐚𝐫𝐭𝐲 𝐁𝐚𝐥𝐥𝐨𝐨𝐧 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 is estimated to increase by USD 2.75 Billion at a #CAGR of 4.5% by 2030. The report includes historic market data from 2024 to 2030. The Current market value is pegged at USD 1.98 Billion.
𝐇𝐚𝐯𝐞 𝐚 𝐪𝐮𝐞𝐫𝐲? 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐧 𝐞𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞 @ https://lnkd.in/d_Jry_3E
#Definition:
The party balloon market refers to the segment of the retail industry focused on the sale of balloons designed for use in various celebratory events, such as birthday parties, weddings, anniversaries, and other special occasions. These balloons are typically made from materials like latex or foil and come in a variety of shapes, sizes, colors, and designs to suit different themes and preferences. The market encompasses both traditional round latex balloons as well as specialty balloons like those shaped as animals, characters, or with printed messages. Additionally, accessories such as balloon weights, ribbons, and helium tanks may also be included within this market segment.
#Trends:
· There's a growing trend towards customized and personalized balloons, allowing customers to add names, messages, or specific designs to balloons for special events.
#Drivers:
· The influence of social media platforms, where users share photos and videos of elaborately decorated events, drives demand for visually appealing party décor like balloons.
#Opportunities:
· Collaboration with event planners and organizers presents an opportunity for balloon vendors to tap into the event planning industry and cater to large-scale events.
#Challenges:
· Balloons are often made of non-biodegradable materials like foil or plastic, raising environmental concerns about balloon waste and pollution.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐃𝐅 (𝐈𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐅𝐮𝐥𝐥 𝐓𝐎𝐂, 𝐓𝐚𝐛𝐥𝐞 & 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @ https://lnkd.in/dVvtuXTq
Látex Occidental Exportadora S.A. de C.V., CTI Industries (United States), BELBAL, Pioneer Balloon Company, Sempertex SAS, Gemar Balloons (Italy), Amscan, Colour Way (China), Xingcheng (China), Maple City Rubber, Rubek Balloons - India, Balonevi, Tailloon Balloons CO., LTD., York Impex (India), Xiongxian HENGLI Latex products Co., ltd. (China). Additionally, other players that are part of this detailed analysis are BK Latex (India), Hebei Tongle Latex Products Co, Ltd, Hebei Guohua Latex Products Co., Ltd, xiong county shaohua latex products co.,ltd, Jaya Latexindo Internusa
𝐁𝐮𝐲 𝐋𝐚𝐭𝐞𝐬𝐭 𝐄𝐝𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲 𝐍𝐨𝐰 @ https://lnkd.in/d8xF4bhz
HTF Market Intelligence Consulting Pvt Ltd
The Market Mastermind
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