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Baggage packaging service are the packaging services offered to passengers travelling by air. As per the guidelines issued by air travelling organization and companies, there is a definite amount of baggage that can be carried on flight and needs proper packaging to ensure safety of baggage as well as flight. Baggage packaging service allows the careful and proper packaging of belongings of passengers.
Rise in number of air passengers is one of the prime factor driving the market. Growing tourism sector and substantial growth coupled with technological development in baggage packaging sector shall influence the market growth. Improving economic conditions and rise in disposable income shall fuel market growth.
However, availability of alternatives in market is expected to hinder the market growth.
Key Market Driver -
Rise in number of air passengers.
Key Market Restraint -
Availability of alternatives.
Based on point of sale the market is segmented into airport, railway station, and other locations.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global baggage packaging service market consists of global & regional players operating. Some of the key players in the market include Bagport, Seal & Go, Truestar Group, Secure Wrap, Safe Bag, and others.
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold the prime share in market attributed to expansion of airports. North America is expected to hold significant share due to the increasing number of air travelers. Europe is expected to show significant growth due to the growing tourism industry. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.
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