The global Party Balloon market was valued at 23.74 Million USD in 2021 and will grow with a CAGR of 5.73% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Party Balloons are air-tight bags made out of latex a light material or foil that can be inflated with air or other gas. The ordinary air, or other gases such as helium, can be forced into them for expansion purposes. Latex balloons are available in all kinds of shapes, sizes, and colors to delight children and adults at birthday parties and other festive occasions or used as a tool of advertisement.Latex Occidental accounted for 1.846% of the Global Party Balloon sales market share in 2016. Other players accounted for 1.129%, 1.116% including CTI Industries and BELBAL. The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product`s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin. Despite the presence of competition problems, due to the global recovery trend is slightly, investors are still optimistic about this area; the future will still have more new investment enter the field.

By Market Verdors:

Latex Occidental

CTI Industries

BELBAL

Pioneer Balloon

Sempertex

Gemar Balloons

Amscan

Colour Way

Xingcheng

Maple City Rubber

Rubek Balloons

Balonevi

Tailloon

York Impex

Hengli Latex Products

BK Latex

Tongle Latex Products

Guohua Latex Products

Xiong County Shaohua Latex Products

Jaya Latexindo Internusa

By Types:

Latex Party Balloon

Foil Party Balloon

By Applications:

Commercial

Residential

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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