In 2032, the market for double zipper bags is anticipated to reach US$ 3.6 billion, growing at a CAGR of 5% from 2022 to 2032. During the projected period, demand for double zipper bags is anticipated to increase along with the need to store and preserve a variety of products.
The global market for double zipper bags is anticipated to be significantly fueled by the rising demand for packaged food goods during the projected period. One of the main advantages of double zipper bags is the ease they provide in terms of packaging, carrying, and transporting food products. This benefit is anticipated to have a beneficial impact on the industry in the near future.
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What are the Factors Propelling the Expansion of the Double Zipper Bags Market?
Increasing innovation in the packaging industry is projected to play a crucial role in driving the global double zipper bags market in the forecast period. Integration of nanotechnology in packaging systems is developing methods that can minimize food waste, enhance shelf life and ensure food safety. Such factors are expected to support the double zipper bags market growth in the forecast period.
Further, the growing demand for convenience food owing to a fast speed life, an increasing number of working women, and rising disposable income are some of the other factors boosting demand for double zipper bags.
Additionally, the rising number of double zipper bags launched by players in the market is another salient factor widening the double zipper bags market during the forecast period. For instance, in February 2022, Asahi Kasei, Japan’s No.1 Premium Wrap and silicone-coated foil & sheet brand, launched a seal-tight double-line zipper bag in India. Such initiatives are anticipated to benefit the market during the forecast period.
What is the market potential for double zip bags in East and South Asia?
The research predicts that the East and South Asian markets will be the most profitable of all. This can be attributed to the rising proportion of working women, the expanding travel and tourism sector, the expanding food and beverage sector, and the rising disposable income of the growing population. Additionally, the existence of developing economies like those in India, China, and Japan presents a number of attractive prospects due to the existence of unexplored markets with a large amount of growth potential throughout the forecast period.
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Competition Analysis
Key players in the global double zipper bags market include
- Amcor Plc.,
- Berry Global Group,
- Mondi Group,
- SKY FLEXI PACK,
- Glenroy Inc.,
- Novolex,
- ProAmpac,
- Winpak Ltd.,
- Sonoco Company,
- Flair Flexible Packaging Corporation,
- Bryce Corporation,
- Bischof +Klein SE & Co. KG,
- Transcontinental Inc.,
- Dsmart GmBh and
- Pentaflex Inc.
Key Segments Profiled in the Global Double Zipper Bags Market
Global Double Zipper Bags Market by Product Type:
- Stand-up Double Zipper Pouch
- Flat Double Zipper Pouch
Global Double Zipper Bags Market by Material Type:
- Plastic Double Zipper Bags
- Aluminium Laminates Double Zipper Bags
- Paper Double Zipper Bags
- Other Material Type Double Zipper Bags
Global Double Zipper Bags Market by End Use:
- Double Zipper Bags for Food
- Double Zipper Bags for Pharmaceuticals
- Double Zipper Bags for Cosmetics & Personal Care
- Double Zipper Bags for Other End Uses
Global Double Zipper Bags Market by Region:
- North American Double Zipper Bags Market
- Latin American Double Zipper Bags Market
- Europe Double Zipper Bags Market
- East Asia Double Zipper Bags Market
- South Asia Double Zipper Bags Market
- Oceania Double Zipper Bags Market
- Middle East & African Double Zipper Bags Market
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