Creative Balloons Manufacturing Inc.

Key People

• Jules Pollack - Founder and President
• Cynthia David - Owner
• Matthias Guth - Board Member
• Frank Bormann - Vice President of Sales EMEA
• Christina Pollack - Executive Vice President

Assessment

Team

Aspect: First-time 10+ yrs
Summary: The leadership team has over 10 years of experience in the balloon manufacturing industry.

The leadership team, including Founder and President Jules Pollack, has been with the company since its inception in 1973, indicating over 50 years of experience in the balloon manufacturing industry. This long-standing experience is a significant strength for the company.

Clinical Need

Aspect: Me too
Summary: The company's products cater to a well-established market with existing demand.

Creative Balloons Manufacturing Inc. operates in the balloon manufacturing and distribution industry, which is a mature market with numerous competitors offering similar products. This 'me too' aspect indicates a need for the company to find unique value propositions to stand out.

Competition

Aspect: Very crowded
Summary: The balloon manufacturing industry is highly competitive with numerous players.

The balloon manufacturing industry includes many competitors, such as Kohler Co., Newell Brands, and Tupperware Brands. However, Creative Balloons Manufacturing Inc.'s establishment since 1973 and its reputation as a leading worldwide manufacturer provide a competitive advantage.

Technical Challenge

Aspect: Low-minimal Risk
Summary: The technical challenges in balloon manufacturing are minimal and well-understood.

Balloon manufacturing involves standard processes that have been refined over decades. Creative Balloons Manufacturing Inc.'s long-standing operations suggest that technical challenges are minimal and well-managed.

Patent

Aspect: Very Strong
Summary: The company holds a substantial number of patents, indicating strong intellectual property.

Creative Balloons, Inc. holds a total of 87 patents, reflecting a strong commitment to innovation and intellectual property protection. This extensive patent portfolio serves as a significant barrier to entry for competitors.

Financing

Aspect: Self/None
Summary: The company appears to be self-funded without external investors.

There is no public information about external investors in Creative Balloons Manufacturing Inc., suggesting that the company is self-funded. This financial independence can be advantageous, allowing for greater control over business decisions.

Regulatory

Aspect: 510k/PMA
Summary: The company's products do not require stringent regulatory approvals.

As a manufacturer of balloons and related accessories, Creative Balloons Manufacturing Inc. operates in an industry with minimal regulatory requirements compared to sectors like medical devices or pharmaceuticals. This reduces barriers to market entry and facilitates smoother operations.

Opportunity Rollup

Odds of Success

3.95

Peak Market Share

6.05

Segment CAGR

2.5%

Market Segment

Consumer Goods

Market Sub Segment

Party Supplies

Key Takeaway

Creative Balloons Manufacturing Inc. leverages its extensive experience and strong patent portfolio to maintain a competitive edge in a mature and competitive market.