Global Hot Air Balloons Market Insights: Impact of COVID-19 and Future Expectations to 2025

The Hot Air Balloons market revenue was 316 Million USD in 2019, and will reach 432 Million USD in 2025, with a CAGR of 5.35% during 2020-2025. A hot air balloon is a lighter-than-air aircraft made up of bags called envelopes containing heated air. Hanging below is a gondola or wicker basket (in some long distance or high air balls, a capsule) that carries passengers and heat sources, in most cases an open flame caused by burning liquid propane. The heated air inside the envelope creates buoyancy because its density is lower than the cooler air outside the envelope. Like all airplanes, hot air balloons cannot fly in the air. Unlike a balloon, the envelope does not have to be sealed at the bottom because the air near the bottom of the envelope is at the same pressure as the surrounding air. In modern sports balloons, the outer casing is typically made of nylon fabric and the inlet of the balloon (closest to the burner flame) is made of a refractory material such as Nomex. Modern balloons have been shaped into a variety of shapes, such as rocket boats and various commercial products, although traditional shapes are used in most non-commercial and many commercial applications.
This report elaborates the market size, market characteristics, and market growth of the Hot Air Balloons industry, and breaks down according to the type, application, and consumption area of Hot Air Balloons. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describes the leading companies.

In Chapter 2.3 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Hot Air Balloons in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
Chapter 2.5 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 6-10 consider the impact of COVID-19 on the regional economy.

Key players in the global Hot Air Balloons market covered in Chapter 11:
UltraMagic Balloons
Firefly Balloons
Lindstrand Balloons
Kubicek Balloons
National Ballooning
Aerostar Balloons
Cameron Balloons UK
Avian Balloon Corporation
Ballonbau Woerner Augsburg Germany
Cameron Balloons US
Kavanagh Balloons
APEX Balloons

In Chapter 3, on the basis of types, the Hot Air Balloons market from 2015 to 2025 is primarily split into:
AA Type
AX Type
AM Type
AS Type

In Chapter 4, on the basis of applications, the Hot Air Balloons market from 2015 to 2025 covers:
Aviation Sports
Photography
Tourism

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10:
North America (Covered in Chapter 6)
United States
Canada
Mexico
Europe (Covered in Chapter 7)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 8)
China
Japan
South Korea
Australia
India
Middle East and Africa (Covered in Chapter 9)
Saudi Arabia
UAE
Egypt
South Africa
South America (Covered in Chapter 10)
Brazil
Argentina
Columbia

Years considered for this report:


Historical Years:

2015-2019

Base Year:

2019

Estimated Year:

2020

Forecast Period:

2020-2025

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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