Categories: Wire Stories

Global Party Goods Forecast Report 2022-2027: Balloons Segment to Record 7.1% CAGR – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Party Goods: Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.

Global Party Goods Market to Reach $26.4 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Party Goods estimated at US$15.1 Billion in the year 2020, is projected to reach a revised size of US$26.4 Billion by 2027, growing at a CAGR of 8.3% over the analysis period 2020-2027.

Tableware / Disposables, one of the segments analyzed in the report, is projected to record a 10.3% CAGR and reach US$5.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Home Decor segment is readjusted to a revised 8.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4.1 Billion, While China is Forecast to Grow at 12.9% CAGR

The Party Goods market in the U.S. is estimated at US$4.1 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$6 Billion by the year 2027 trailing a CAGR of 13% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.6 Billion by the year 2027.

In the global Balloons segment, USA, Canada, Japan, China and Europe will drive the 7.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.6 Billion in the year 2020 will reach a projected size of US$2.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 8.5% CAGR through the analysis period.

Select Competitors (Total 33 Featured) –

  • American Greetings
  • Artisano Designs
  • Chinet
  • Hallmark
  • Martha Stewart
  • Oriental Trading Company
  • Party City
  • Pioneer Worldwide
  • Shutterfly
  • Unique Industries

What’s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year�

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Party Goods – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/t1tb1x

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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