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Increasing Demand in Rubber Balloons and Condoms Manufacturing

 

Increasing Demand in Rubber Balloons and Condoms Manufacturing

Rubber Balloon Modern day balloons are made of latex, rubber, polychloroprene or a nylon fabric. Michael Faraday invented rubber balloon in 1824.   Condom Male Condoms are generally made from latex, polyurethane, polyisoprene, lambskin. Rubber condoms became available in 1855. Female condoms are made from polyurethane.

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Indian Balloon Manufacturers

 

S No.

Name

Manufacturer

Location

Price

1.

Dot Printed Birthday Latex Rubber Balloon

Royal Decoration

Mumbai

Rs 150/Packet

2.

Rubber Latex balloon

Riya Plastics

Delhi

Rs 0.7/Piece

3.

Latex Rubber Latex Promotional Printing Balloons

High Flyers Balloons and Inflatables

Mumbai

Rs 2/Piece

4.

Plain Birthday Party Rubber Round Latex Balloons

Baba Crafts

Delhi

Rs  48/Packet

5.

Latex Rubber Balloon

Hare Krishna Advertisement

Delhi

Rs 3/Piece

 

    Indian Condom Manufacturers

  1. ManForce Extra Dotted Condoms
  2. Skore Timeless Dotted, Ribbed and Climax Delay Condoms
  3. Kamasutra Superthin Condoms
  4. Durex Air Ultra Thin Condoms
  5. Skyn Condom

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Rubber Balloon – Key Drivers

  • Printed balloons are a requirement in almost all occasions be it birthday party, office party or house party. They are popular among children. This has encouraged businessmen to manufacture balloons which are unique and colourful.
  • Price of printed balloons is minimal. They are the favourite decorative items for any party as they are cost effective. Many SMEs are focusing on production of rubber balloons.
  • In this pandemic situation, people are compelled to celebrate in their houses. Balloons are a must-item for every occasion. This has increased the sale of rubber balloons

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Global market insight: 2020-2030

  • The global market for rubber balloon can be divided into five regions – North America, South America, Europe, Asia Pacific and Middle East.
  • North America accounted for the largest share of market due to increasing number of weddings, birthdays, parties etc. This boosted the market share of rubber balloons in North America.
  • The rubber balloon market in Asia Pacific is expected to increase rapidly over the forecast period due to rise in corporate culture which mandates the use of balloons in every occasion. In developing countries like India, SMEs are in the field of production of rubber balloons as it entails low operational cost. The company’s logo is printed on the balloons. This gives an opportunity to the enterprises to make huge profits.

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Global Market Analysis of Condom: 2019-2025 Global condom market size was valued at US $4.2 billion in 2018 and is expected to see a rise in CAGR of 8% from 2019-20125. 29.8 billion Units of condom were produced in 2018.  

By Type Natural condom market (made of latex or lambskin) accounted for over 70% revenue share in 2018. Synthetic condom market is expected to witness a growth of 8% from 2019-2025.  

By Product Male condom market witnessed around US $3.5 billion in 2018 whereas the female segment is projected to grow a CAGR of over 12% over the forecast period.

Related Project;- Condoms

By Region The US condom market accounted for US $200 million in 2018. Middle East and Africa condom market is expected to witness a CAGR of more than 7% over the forecast period. In spite of all, Asia dominated the market in 2018.  

Indian Condom Market The Indian market is expected to reach US $508.36 Mn in 2027. The market is expected to witness a growth of 12.2% CAGR from 2019-2027. The key factors leading to the market growth are increasing number of awareness programs, increasing use of locally manufactured condoms in rural areas, presence of a good distribution network. Adult and middle-aged population is likely to grow in the future.

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