The Global Market for Dunnage Air Bags 2018-2022: Atmet Group, Cordstrap, International Dunnage, Litco International, and Shippers Products are the Leading Players - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 9, 2018--The “Global Dunnage Air Bags Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global dunnage air bags market is forecast to grow at a CAGR of 4.97% during the period 2018-2022.
Intermodal freight transportation is being preferred over road transport by freight forwarders due to its cost effectiveness. Intermodal rail transportation is also more environment friendly than road transportation for delivery distances over 1,000 miles. This will lead to growth of the intermodal freight transportation market which in turn will boost the dunnage air bags market growth during the forecast period.
According to the report, one of the major drivers for this market is the rapid growth of the rail logistics market. This growth can be attributed to rail infrastructure growth and low transportation cost. Thus, to prevent cargo damage while transportation by rail, the demand for dunnage air bags will increase, leading to growth of dunnage air bags market size.
Further, the report states that one of the major factors hindering the growth of this market is the adoption of 3D printing in the manufacturing industry. This has enabled manufacturers to shift to on-demand manufacturing, thereby reducing the warehouse and inventory management costs. The logistics cost is also expected to decrease as the suppliers will be able to manufacture the product on-site. This will result in the lowering of demand for dunnage air bags and consequently hurt the growth prospects of the market.
Market TrendsGrowth in Intermodal Freight Transportation Expansion of the Retail Sector in APAC Rise in Number of Free Trade Agreements in Europe
Key VendorsAtmet Group Cordstrap International Dunnage Litco International Shippers Products
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Material
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/rds84t/the_global_market?w=4
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PUB: 10/09/2018 10:51 AM/DISC: 10/09/2018 10:51 AM