According to estimates, the market for self-sealing ziplock bags will reach US$20.39 billion in 2021 and US$20.79 billion in 2022. During the projection period, the sector is anticipated to have a CAGR of 2%. By 2032, the market is anticipated to reach US$25.34 billion. The availability of less expensive polymers and the simplicity of supply can be linked with the market’s expansion.
Self-sealing Zip lock Bags Market: An Overview
The global market for self-sealing zip lock bags is characterized by packaging bags with self-sealing mechanism with varied thickness and has applications in electronic components, jewellery, metal particulates, industrial fastener materials (screws, nuts, bolts, etc.) household purpose, etc. Self-sealing zip lock bags that are primarily preferred for its convenient packaging features are supplied by manufacturers in various strength levels considering its functional requirements. The global self-sealing zip lock bags is expected to sustain its market attractiveness owing to stability in product offerings.
Self-sealing zip lock bags are plastic bags of simple design technology that include a ridge for opening and closure of bags allowing continual re-use. Resultantly, self-sealing zip lock bags are used for packing materials that have recurring usage and packing requirements such as documents, nuts, bolts, screws, batteries, electronic components, etc.
Self-sealing zip lock bags are also coated with paper and other material layers in order to meet packaging requirements of varied product categories. Self-sealing zip lock bags with high quality paper material layer, are used for coffee and tea packaging in order to provide solution for product attractiveness and branding objectives of product manufacturers.
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Market Growth Analysis
Self-sealing Zip lock Bags Market: Dynamics
Self-sealing zip lock bags provide protection from moisture, heat and other atmospheric contaminants which make them a widely favoured choice of storage and packaging. The self-sealing zip lock bags market is principally determined by the effectiveness and convenience offered by self-sealing zip lock bags.
Key driver supporting the growth of self-sealing zip lock bags is the diverse nature of product offering supplied by packaging manufacturers. Manufacturer are supplying variants in the form of metal zipper self-sealing bags, plastic slider grip self-sealing zip lock bags and zip-lite bags with a bottom gusset for bulky nature of packed materials.
The supply of self-sealing zip lock bags is primarily driven by abundance in availability of cheaper polymers, ease in procurement and product processes or raw materials and established supply chain networks. Overall, the simple nature of product design makes self-sealing zip lock bags a preferred solution for manufacturers, suppliers, distributors and retailers.
Self-sealing zip lock bags are an alternative option for grip seal bags. Grip seal bags are reusable in nature that have a male and a female ridge that lets closing of the bag without the application of zip. Compared to grip seal bags, zip lock bags provide a more secure packaging solution.
Self-sealing Zip lock Bags Market: Regional Outlook
Geographically the global self-sealing zip lock bags market has been divided into North America, Latin America, Europe, South Asia, East Asia, Middle East and Africa (MEA), and Oceania.
Owing to its wide usage in day to day household purpose, the self-sealing zip lock bags have considerable demand in all regional markets across the globe. However the North American and European markets are expected to dominate the market share for self-sealing zip lock bags. With growing urban population in South East Asia, China and India the Asia Pacific market is bound to showcase highest growth rate among the geographic segments of the global self-sealing zip lock bags market. Latin America and Middle East markets would remain constitute relatively smaller pie of the global self-sealing zip lock bags market.
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Self-sealing Ziplock Bags Market: Key Players
Key players operating in the global self-sealing ziplock bags market are Glenroy, Inc., Mondi Group plc., Printpack, Inc., Bemis Company, Inc., Berry Global Group, Inc., Amcor Limited, Sonoco Products Company, Sealed Air Corporation, Coveris Holdings S.A., Winpak Ltd., Proampac LLC, and Flair Flexible Packaging Corporation. Many local and unorganized market players are expected to contribute to the global self-sealing ziplock bags market during the forecast period.
The self-sealing ziplock bags market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Self-sealing Ziplock Bags Market: Segmentation
The self-sealing ziplock bags market is characterized on the basis of product type, material, capacity, and end use industry.
On the basis of product type, the global self-sealing ziplock bags market has been segmented as:
- Stand Up Bag
- 3-side Seal Bag
- Pillow Pack Bag
- Gusseted Bag
- Pinch Bottom Bag
On the basis of material, the global self-sealing ziplock bags market has been segmented as:
- Plastic
- Paper
- Foil
On the basis of capacity, the global self-sealing ziplock bags market has been segmented as:
- Up to 3 Oz
- 3 Oz to 7 Oz
- 8 Oz to 15 Oz
- 16 Oz to 30 Oz
- Above 30 Oz
On the basis of end use industry, the global self-sealing ziplock bags market has been segmented as:
- Food
- Personal care and Cosmetics
- Pharmaceuticals
- Automotive
- Electrical & Electronics
- Chemicals
- Other Consumer Goods
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- Potential and niche segments, geographical regions exhibiting promising growth
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