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The bottled air market size is forecast to increase by USD 8.00 billion, at a CAGR of 8.11% between 2023 and 2028. Market growth is influenced by various factors, notably the expansion of tourism and leisure sectors, heightened awareness of respiratory health, and the increasing demand for clean air in urban settings. With the tourism and leisure industries experiencing growth, there's a parallel rise in the need for clean, purified air, driven by concerns over respiratory well-being. These trends converge to fuel demand for air purification solutions, shaping the market's growth trajectory. Our report examines historical data from 2018-2022, besides analyzing the current market scenario.
Bottled air refers to compressed or packaged air that is stored in containers or cylinders for various purposes. It is typically sourced from natural environments or generated using specialized processes, then filtered and compressed so that it is contained inside a sealed vessel.
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The market has gained traction across various sectors, including cans, food & beverage, and aerospace. With concerns over fine particle (PM2) pollution and its health effects, the demand for bottled air has surged. Bottled Air industry players and Bottled Air Companies are witnessing growth across different segments. As market Statistics indicate, there's a notable interest, particularly in regions where carbon dioxide levels are high. Additionally, the medical and healthcare sector sees potential in utilizing bottled air for therapeutic purposes. Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key market growth analysis, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage.
Expanding tourism and leisure industries is the key factor driving the market. Tourism destinations such as coastal resorts, mountainous regions, and eco-tourism sites often attract visitors seeking outdoor adventures and leisure pursuits. Activities such as scuba diving, snorkeling, mountain climbing, and skiing require access to clean and breathable air, making it essential for ensuring the safety and enjoyment of tourists engaging in these activities.
Moreover, indoor leisure facilities such as amusement parks, gaming arcades, and recreational centers also rely on it for maintaining optimal air quality and ventilation systems. Further, the growing popularity of adventure tourism and extreme sports further drives the demand as enthusiasts seek adrenaline-fueled experiences in challenging environments where access to clean air is limited. Hence, such factors will drive market growth during the forecast period.
Subscription-based models for regular delivery is the primary trend shaping the market. Companies are offering convenient subscription services where customers receive scheduled deliveries, ensuring a consistent supply without the hassle of manual reordering. Vitality Air provides a subscription service where customers can receive regular deliveries of canned clean air from various locations around the world. This model allows customers to enjoy the convenience of scheduled deliveries, promoting health and wellness benefits while addressing the growing demand for good-quality air in urban environments.
Additionally, these models promote customer loyalty and retention, as subscribers benefit from regular deliveries and hassle-free replenishment. As a result, subscription-based models are expected to continue driving growth and innovation in the market, meeting the evolving needs of consumers and industries alike. Hence, the growing adoption of subscription-based models for regular delivery to consumers could boost the growth of the market during the forecast period.
The environmental impact of bottling and transporting is the major challenge that affects the market expansion. The production process involves energy-intensive activities like purification, compression, and packaging, which are often reliant on fossil fuels, leading to greenhouse gas emissions and environmental pollution. Additionally, the use of materials, such as plastic or aluminum, for manufacturing canisters and cylinders contributes to resource depletion and habitat destruction, exacerbating environmental concerns. Moreover, the logistics of transporting over long distances further compounds environmental issues, including in terms of fuel consumption, road congestion, and noise pollution.
Consequently, such challenges require sustainable practices and innovations throughout the supply chain, including adopting renewable energy sources, eco-friendly packaging materials, and efficient transportation routes. Furthermore, the disposal of empty canisters or cylinders after use presents challenges in terms of waste management and recycling, with improper practices leading to littering and pollution of land and water bodies, further contributing to environmental degradation. Hence, such factors may hinder market growth during the forecast period.
The market offers a diverse range of products, from cans to cylinders, catering to various industries such as food & beverage, aerospace, pharmaceutical, and medical sectors. These containers provide convenient access to essential gases like nitrogen, oxygen, and carbon dioxide, ensuring reliable compression and storage for different applications.
The market share by the pharmaceuticals or healthcare segment will be significant during the forecast years. In the market, pharmaceuticals and healthcare are key sectors where compressed air, often nitrogen-enriched, is vital. Bottled air, stored in containers with tailored compositions, ensures stringent quality and safety standards in these industries.
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The pharmaceuticals or healthcare segment accounted for USD 5.37 billion in 2018. Moreover, nitrogen-enriched it prevents oxidation in pharmaceutical packaging, preserving medication efficacy. In healthcare, it's used for respiratory therapy, anesthesia, and cryopreservation. Regulatory compliance and expanding healthcare infrastructure globally drive demand. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.
Based on type, the market has been segmented into nitrogen, oxygen, carbon-di-oxide, helium, and others. The nitrogen segment will account for the largest share of this segment.?Nitrogen is a vital component in bottled air, utilized across various industries like pharmaceuticals, food, and electronics. It prevents oxidation in pharmaceuticals, extends food freshness, and safeguards electronic components. Increasing demand for quality, sustainability, and inert packaging drives the global market, alongside rising interest in recreational activities like scuba diving. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.
APAC is estimated to contribute 41% to the growth of the global market during the projection period. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the projection period.
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In the APAC region, robust growth in the market is fueled by economic expansion, industrial development, and environmental awareness. Countries like China, India, Japan, and South Korea, grappling with urbanization and pollution, seek cleaner air solutions. The healthcare sector drives demand, emphasizing respiratory health and medical gas use. Additionally, tourism, especially in destinations like Australia and New Zealand, boosts demand for recreational purposes such as scuba diving. Rising pollution concerns in urban centers fuel the preference for clean air, driving the demand in APAC. Hence, suhc factors are driving the market in APAC during the forecast period.
Companies are implementing various market growth and forecasting strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Air Products and Chemicals Inc., AIR WATER INC., Boost Oxygen LLC, Gulf Cryo Holding CSC, HARRIS INDUSTRIAL GASES, Linde Plc, Messer SE and Co. KGaA, Mitsubishi Corp., Nikkiso Co. Ltd., Nucor Corp., RealGaz, Sulzer Ltd., Vitality Air, and Yingde Gas Group Co. Ltd.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market report predicts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
The bottled air market statistics encompass various segments and industries, with a significant focus on addressing health concerns such as asthma. This market intersects with the Photovoltaic (PV) industry, where the demand for clean air is paramount. Bottled air comes in various forms such as cans, and cylinders, and is produced through compression techniques. Its applications span across food & beverage, aerospace, pharmaceutical, and medical sectors. Key players in the market cater to the healthcare industry, providing solutions for patients requiring nitrogen, oxygen, carbon dioxide, and helium supplementation. The market is fueled by growing awareness of the health effects of air quality and the need for fine particle (PM 2) filtration.
Moreover, industrially, bottled Air segments find use in industrial gas applications, supporting various manufacturing processes. The medical and healthcare sector drives substantial growth, leading to advancements in Bottled Air industry technologies and services. Bottled Air Companies continuously innovate to meet the stringent requirements of this dynamic market, resulting in robust market Statistics. As environmental concerns escalate, the market faces challenges and opportunities related to sustainability, production efficiency, and meeting regulatory standards. Despite these challenges, the demand for Bottled Air remains steady, emphasizing its critical role in maintaining air quality and supporting various industries and sectors.
Market Scope |
|
Report Coverage |
Details |
Page number |
169 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.11% |
Market Growth 2024-2028 |
USD 8.00 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
7.59 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 41% |
Key countries |
US, China, Japan, South Korea, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Air Liquide SA, Air Products and Chemicals Inc., AIR WATER INC., Boost Oxygen LLC, Gulf Cryo Holding CSC, HARRIS INDUSTRIAL GASES, Linde Plc, Messer SE and Co. KGaA, Mitsubishi Corp., Nikkiso Co. Ltd., Nucor Corp., RealGaz, Sulzer Ltd., Vitality Air, and Yingde Gas Group Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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