By 2022, it is expected that demand in the worldwide zip bag market will surpass shipping, which as of now has reached approximately 44 billion units. Sales are anticipated to increase at a rate of 4% to 5% CAGR between 2022 and 2032 due to the growing use of zipper bags for food packaging and the pharmaceutical industry.
The zipper bags market has been growing at a steady pace over the years. The demand for zipper bags has increased due to the rise in e-commerce, the need for sustainable packaging, and the convenience factor of zipper bags. Zipper bags are easy to use, lightweight, and have a resealable feature that keeps the contents fresh for longer. The growth of the zipper bags market is expected to continue in the coming years, driven by various factors.
Recycling rates for plastic are significantly low. Zipper bags are made of a non-renewable resource, In addition, they act as a hazard to wildlife animals, if they are not disposed properly. They also clog roadside drains, which result in flooding in urban areas during heavy rainfalls. These are some factors that have the potential to hamper the growth of the zipper bags market in the near future.
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Zipper Bags: Market Dynamics
A large portion of the materials used for zipper bags mainly include PE and PVC materials, which negatively impact the environment. Extremely stringent laws put down by governing bodies and the environment regulation organizations curtail the use of these hazardous substances. This has resulted in an increase in the demand for environment friendly products. The rising trend of using environment-safe packaging by both consumers and manufacturers, has resulted in the realization of the need for better alternatives for traditional zipper bags, especially when used for the packaging of food products.
Due to such factors, most market players are focusing on the development of bio-based sources for manufacturing zipper bags. On the other hand, requirements for high capital investment for the creation of such types of products are expected to be a major constraining factor for small-scale or emerging players in the zipper bag market in the forecast period. Apart from applications in the food and beverage industry, zipper bags are also expected to witness great demand by the pharmaceutical, cosmetics, and personal care industries.
Factors Driving the Growth of Zipper Bags Market
- E-commerce- The rise of e-commerce has been a significant driver of the zipper bags market. As more people shop online, there is a greater need for efficient packaging that can protect the products during transportation. Zipper bags are lightweight, durable, and can be used to store a variety of items, making them an ideal packaging solution for e-commerce companies.
- Sustainable Packaging- Sustainability has become a key concern for consumers in recent years. As people become more aware of the environmental impact of plastic, there has been a growing demand for sustainable packaging solutions. Biodegradable zipper bags are an excellent alternative to plastic zipper bags as they are eco-friendly and can decompose naturally.
- Convenience- The convenience factor of zipper bags has also contributed to the growth of the zipper bags market. Zipper bags are easy to use, and their resealable feature keeps the contents fresh for longer. They are also available in different sizes, making them an ideal storage solution for various items such as food, cosmetics, and stationery.
- Increased Consumer Awareness- Consumers are becoming more aware of the benefits of zipper bags and are choosing them over other packaging solutions. The versatility of zipper bags and their ability to store various items has made them a popular choice among consumers.
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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:
- 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.
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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.
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
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Key Benefits
- This report provides a quantitative analysis of the current Zipper Bags market trend, market opportunities, estimations, and dynamics of the Zipper Bags market analysis from 2023 to 2033 to identify the prevailing Zipper Bags market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities. - Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the Zipper Bags market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global electrostatic discharge (esd) packaging market trends, key players, market segments, application areas, and market growth strategies.
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