Latex balloons are flexible, inflatable objects made from natural rubber latex. They are commonly used for decorations, parties, and events due to their vibrant colors and ability to hold air or helium. These balloons come in various shapes and sizes, making them versatile for different occasions. When inflated, latex balloons can last several hours to days, depending on the environment and whether they are filled with air or helium. They are biodegradable, which makes them a more environmentally friendly option compared to other types of balloons, such as those made from Mylar or plastic.