The global zipper bags market is poised to witness a significant upswing, projecting a demand reaching US$ 2 billion by 2022, accompanied by the shipment of nearly 44 billion units. Fueled by the increasing adoption of zipper bags in food packaging and pharmaceutical industries, the market is anticipated to experience robust growth at a compound annual growth rate (CAGR) of approximately 4%-5% during the period from 2022 to 2032. This upward trajectory underscores the versatile and essential role that zipper bags play across diverse sectors, reflecting a sustained demand for convenient and secure packaging solutions.
Crafted from resilient, transparent, lightweight, and printable single-ply films that are certified as home compostable, zipper bags boast easy-open and secure-close features. Widely utilized for safeguarding delicate items and preserving the freshness of foods, these eco-friendly bags offer a versatile and sustainable packaging solution.
As per Future Market Insights (FMI), the surging demand for on-the-go snacks and processed foods, fueled by a fast-paced lifestyle and evolving food consumption habits, is anticipated to propel the sales of zipper bags. Additionally, the imposition of stringent government regulations aimed at reducing plastic usage in emerging economies like China and India is expected to further boost the market. The combination of changing lifestyles and increased consumer spending power presents lucrative opportunities for market growth, emphasizing the pivotal role that zipper bags play in catering to evolving consumer needs and aligning with environmental sustainability goals.
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Market Drivers-
- Changing Lifestyles: Fast-paced modern lifestyles have increased the need for convenient, resealable packaging like zipper bags for on-the-go snacks and processed foods.
- Environmental Regulations: Stringent government rules and regulations in emerging markets to reduce plastic usage are driving the demand for eco-friendly and reusable zipper bags.
- Food Industry Growth: The rising demand for food storage, particularly in North America, is boosting the sales of zipper bags due to increased consumption of processed food and beverages.
- Personal Care Industry: The personal care sector’s growth, influenced by social media and changing consumer preferences, is increasing the application of zipper bags for personal care products.
- Convenience and Reusability: Zipper bags provide convenience and are a reusable, eco-friendly packaging solution, appealing to consumers and businesses alike.
Zipper Bags: Market Participants
Key market players in the Zipper bags market are emphasizing on expanding vehicle portfolio to accurately meet the needs of applications of the types of zipper bags while painstakingly complying with the strict plastic control regulations worldwide. A large number of unorganized market players are contributing to the growth of the market. The products are created to accurately meet safety and environmental regulation specifications. Market players are also putting emphasis on eco-friendly alternatives and to improve on size and durability for a more optimal scope of usage. Some of the major players in the Zipper bags market include:
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- SynPack
- The Glad Products Company
- SC Johnson (Ziploc brand)
- Minigrip
- Multi-Pak USA, Inc.
- International Plastics, Inc.
- Custom Poly Packaging
- Shenzhen Asuwant Plastic Packaging Co.,Ltd
- Wenzhou Xinda Zip Lock Bag Making Equipment Co., Ltd.
Some Factors That Can Hinder The Growth In The Zipper Bags Market-
- Environmental Concerns: Increased awareness of plastic pollution and environmental issues has led to a shift towards more sustainable packaging solutions. Zipper bags made from traditional plastics may face resistance due to their environmental impact.
- Regulatory Restrictions: Stringent regulations and bans on single-use plastics in various regions can limit the use of zipper bags made from non-recyclable materials.
- Competition from Alternatives: The zipper bag market faces competition from alternative packaging options like reusable containers, glass jars, and paper packaging, which are seen as more eco-friendly choices.
- Cost Considerations: Zipper bags, especially those made from biodegradable or sustainable materials, can be costlier to produce, which might deter some businesses from adopting them.
- Limited Product Innovation: Lack of innovation in zipper bag designs and materials may hinder market growth, as consumers seek more advanced and unique packaging solutions.
Zipper Bags Market: Report Highlights
The research report presents a comprehensive assessment of the zipper bags market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.
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Key Segments Profiled in the Zipper Bags Industry Survey
Product Type:
- Polypropylene Zipper Bags
- Polyethylene Zipper Bags
End-Use:
- Consumer Use
- Food Packaging
- Industrial Use
- Pharmaceutical
- Electronics
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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