Market Research Blog

Quad Seal Bag Market Overview

Quad seal bag is a multi-layer bag, having 3 layers the outermost layer is made of Polyethylene Terephthalate (PET), the intermediate layer made of Vacuum Metallized Polyethylene (VMPET) and the most inner layer made up of Low Density Polyethylene (LLDPE). All these layers offers hassle-free packaging to the consumers. Quad seal bags are blocked bottom type of packaging format, due to their high packaging efficiency providing consumer convenience and therefore, are mostly preferred for the commodities like tea & coffee.

Market popularity of quad seal bags is increasing as consumers are demanding flexible packaging solutions, added with sustainability results in rapid market acceptance of quad seal bags. Adding to benefits the unique design offered by quad seal pouches helps packaging manufacturers in saving raw materials up to 15%.

Modern retailers from Europe and North America with the advantages of the latest technologies are penetrating into China, India which are the largest consumer markets in the world. So as per the forecast for the coming decade, we can get a clear idea that quad seal bags are expected to gain significant traction.

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Which are the key growth drivers for the quad seal bags market?

In recent years consumer perceptions & preferences are driving the global packaging industry completely. Along with new innovation, fewer wastages and recyclability of almost all materials used for packaging are taken into consideration. People preferring flexible packaging over all other formats with products in tubes, pouches, and sachets will see an increase in sales due to the convenience it provides to the final consumer.

The retail landscape of almost the whole world is changing due to the rise in demand for quad seal pouches, as there are more food and household product offerings in quad seal bags increases, this factor made changes in lifestyle and consumption habits of the consumers. Room for customization and product visibility by using quad seal pouches for enhancement of consumer appeal, these are positively influencing growth of quad seal bags in the market.

Overall as a manufacturer, it protects the product from moisture diffusion, oxygen, and most importantly from harmful UV rays. Quad seal bags are also retailer-friendly, as self-standing bags are shelf-friendly to display and create a visual impact of the packaging along with the product.

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What factors are restraining the quad seal bags market?

A wide number of options available for the manufacturers in the category of bags and accessories available to choose from, it makes quad seal bags an option to choose out of number of solutions available, pouches as a packaging format is much diversified and has several flexible packaging options available in the market. The biggest barrier for the global quad seal bags market growth is the higher production costs incurred for production.

Which are the main regions affecting the quad seal bags market?

North America is the biggest player according to the region-wise production of quad seal bags, followed by Europe. Both these regions along with other growing regions such as Asia-Pacific, Latin America, and the Middle-East are projected to show a healthy market growth from all over the globe. Asia is a growing market in quad seal bags market and is forecasted to grow at a significant rate due to its developing countries.

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Middle East and Africa being the most emerging markets are showing positive demand towards the new packaging solution such as quad seal bags. New markets are also being targeted by big market players such as South Asia, East Asia, and Central-African regions.

How will the quad seal bags affect the overall FMCG industry?

The global market for quad seal bags is still in the initial stage for many developing economies, which may give an upcoming opportunity to FMCG companies of the developing economies for using a sustainable flexible form of packaging which is accepted by millions of consumers worldwide.

The FMCG companies can also use digital printing on space on three sides of quad seal bags provide to create unique visibility in the minds of the consumers. Moreover, companies can give the products a longer shelf-life than other packaging materials by the usage of quad seal bags.

By communicating the recyclable value of the quad seal bags companies can make an environmentally clean image and can clearly differentiate from the consumers. Worldwide consumer acceptance of quad seal bags can be an opportunity for companies to use quad seal bags for more applications than current ones.

Key market players of quad seal bags:-

• Tyler Packaging Limited
• Atlapac Corporation
• Foster Packaging
• Cas-Pak Products Ltd.
• Swiss Pack Pvt Ltd.
• Pacific-bag, Inc.
• Diamond Flexible Packaging Co.
• Pouch Direct
• GMD Packaging
• PBFY Flexible Packaging
• Glenroy, Inc.
• Innovia Films
• Berry Global, Inc.
• Sonoco Products Company
• Bemis Company, Inc.
• Mondi Group Plc
• A&M Packaging
• Amcor Limited
• Maer Flexibles Europe
• Snell Flexibles

What are the recent developments in the quad seal bags market?

Tyler packaging of UK came up with a new idea of visualizing the packaging in 3D and allows customers to upload their artwork, and the designing and printing work is done by the company. This trendsetting new standards for the whole packaging industry as well quad seal bags.

Glenroy Inc. received five flexible packaging awards from the Flexible Packaging Association, including two gold awards among five awards they received. Glenroy Inc. is a pioneer in quad seal bags manufacturing and customizing and is also considered as a market leader.

Amcor pledged to help brands by providing independent brand labeling by communicating packaging carbon footprints to customers, so that creates a sustainable brand image of the company among customers.

Mars Food along with Amcor announced the world’s first microwavable & recyclable rice pouch in December 2020. The move could be considered as a revolutionary step in the packaging industry that provides innovative packaging solutions to consumers as well as manufacturers.

Nestle along with Amcor is going to launch the world’s first recyclable retort pouch for pet-food, the product will improve the environmental footprint of consumer packaging up to 60%. Both companies achieved the technical breakthrough for the largest challenge of not being able to recycle the retort flexible packaging and proving the promise towards more sustainable packaging.

What will be the impact of innovations in quad seal bags on rising markets?

Due to path-breaking new innovations in the field of packaging, especially in the quad seal bags market with companies providing digitally printed customized pouches, also small brands can create a separate identity for their brands by providing a unique packaging using the safety and benefits of quad seal bags for the products.

Over the years, trend for more variants of quad seal bags have been trending in the markets such as complete seal bags, visible quad seal bags. The quad seal bags are recording positive growth in all the developing markets, also now larger untapped markets are being targeted by the global manufacturers as well as local players of the packaging industry.

Packaging companies can also use more sustainable solutions for developing new products in the category of quad seal bags, by using different variants of plastics that are totally bio-degradable.

How covid-19 impacted the quad seal bags market?

In the pandemic times due to outbreak of deadly viruses, packaging and safekeeping of products were the major requirement by all the consumers globally. The virus brought uncertainty and fear along with it, so people were focused on stocking large amounts of food and groceries at their homes, quad seal bags matched all the requirements of safety and long shelf-life by the consumers.

The demand for safely packed food and household items, along with medical equipment and pharmaceutical products was maximum in all the parts of the globe. Products packed in quad seal bags were in higher demand compared to other forms of packaging like pouches and tubes, as the consumers got complete safety by the attributes provided by packaging in quad seal bags.

The developed market recorded an exponential growth in demand for quad seal bags as packaging materials, companies already using quad seal bags recorded the highest profits of the decade compared to their competitors. Also pandemic provided manufacturers with new ideas of which new products can be packed in the quad seal bags market so that some more products also may gain market popularity and can pack it in more sustainable.

The manufacturers of the product can gain advantages by communicating environment-friendly attributes of the packaging in quad seal bags and can gain consumers, by making them choose green packaging over some other brands not offering such sustainable packaging of their products.

Segmentation of Quad Seal Bags:

Oil Dispenser Market Overview

The oil dispenser serves as the medium for easy accessibility to different types of oil. The oil dispenser is used at different places to transfer the oil from one container/tank/vehicle to different. It comes in two types and they are submersible and suction. The significance of the oil dispenser is ensuring the pumping of the appropriate amount of oil in the tank/container. These dispensers are been used by various industries as there are different types of oils consumed or used by different sectors.

The oil dispenser is made up of different materials like glass, metal, and plastic. The significance of the oil dispenser is enhancing the efficiency of oil, preventing the cross-contamination of oil, prevent wastage of oil, and also not requiring a separate space to store the oil for a certain period until made arrangements.

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The Demand for the oil dispenser is growing as it is been used for various industrial purposes as well as household purposes. The oil demand is been rising at a faster pace, industry directly or indirectly requires oil for operating or for manufacturing, or as a raw product so these companies may also require the dispenser to transfer the required oil in the required container.

Until the oil demand is increasing due to increasing industries in the world the demand for the oil dispenser will rise. Also, the discoveries for oil will lead to the demand for oil dispensers. On a broader level, market growth perspective for oil dispenser seems promising.

What Drives the Growth of the Oil Dispenser Market?

The major industry as automobile, FMCG, and others are been growing at a faster pace as well as expanding at a greater rate which required oil on a frequent basis as a raw product or as a processed product for operating or for manufacturing, or maintenance. Therefore, the oil demand is rising this leads to the increase in demand for the oil dispenser by the companies for their conveyance.

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The companies are moving towards the technology for getting work done easily and at a faster rate so this oil dispenser can be one of them to help them work easily for transferring oil and without any waste. Another driver for the growth of oil dispenser is the increasing trade for oil which require dispenser for transferring and transporting. The specified product requires the pure oil to be free from any contamination or free from any environmental elements so here the oil dispenser can work to get the non-contaminated oil free from environmental factors.

What Restraints the Growth of the Oil Dispenser Market?

The restraints that may hinder the oil dispenser industry can be increasing the price of raw materials used as metals, glass, plastic, and others will ultimately influence the price of the dispenser which will create price inflation in the oil dispenser market. But this challenge can be overcome as the players in the oil dispenser industry are more who can concentrate the market. The rules and limits set by the company to make sure that the dispenser used for operating may not hamper the final products due to the products chemical or physical property, here the oil dispenser industry need to focus on different industries different standard to cater their needs.

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How will Urbanization and infrastructural development impact the Oil Dispenser market?

With the increase in urbanization, the income of consumer is been increasing, which result in an increase in consumption as well as an increase in the quality end product. The consumers are demanding as well as purchasing a high number of vehicles and other commodities for their daily consumption as food items high which increases the demand for that industry and this ultimately will boost the sale for oil dispensers.

The household are getting modern and every customer wants their work to be done easily and also they focus on hygiene factor so here this increases the demand for oil dispenser. These factors indirectly lead to the demand for and growth of the oil dispenser industry.

How will the rise in the Adoption of Electric Vehicles impact the Oil Dispenser Market?

The adoption of Electric vehicles has to be done by the company manufacturing vehicles due to the merging trend. The companies are moving towards manufacturing electric vehicles and even new companies are emerging in the sector for manufacturing electric vehicles.

This will boost the demand for oil dispensers as the oil is used for manufacturing electric vehicles as well as for running the machines used for developing electric vehicles. These increasing production of electric vehicles give rise to the demand for oil which will give rise to the demand for oil dispenser.

The customer needs to purchase electric vehicles to meet the government regulation this will increase the demand for oil by the FV manufacturer for producing FV’s and this leads to sale of oil dispensers. The oil consumption while manufacturing the electric vehicles is more as per the data forecasted which increase oil demand and that leads to increasing demand for oil dispenser.

What will be the impact of new discovering oil and gas on the oil dispenser market?

The rise in price and demand for fuel leads to the discovery of new oil and gas that can be a substitute for fuel. The newly discovered oil will generate demand for the oil dispenser and this will accelerates the market growth for the oil dispenser market. The ever-increasing demand for oil will lead to an opportunity for the new players to enter the market and cater to the demand which will ultimately lead to oil dispenser demand increase.

Competitive Landscape

Key players are

• Bennett Pump Company
• Piusi S.p.A.
• Wayne Fueling Systems LLC
• Tominaga MFG CO
• Beijing SANKI Petroleum Technology Co.
• LTD
• TATSUNO Corporation
• Signoraware
• Zhejiang Lanfeng Machine Co. Ltd
• Gilbarco Veeder-Root
• Femora
• King International
• Others

The competition in the oil dispenser market is been growing due to the larger demand & numbers of the player in the industry and hence the competition is fragmented.

What strategies are the Key Players adopting for Increasing their Market Share in the oil dispenser Market?

The nature of competition in the oil dispenser market is fragmented and there are a large number of players in the market. These players adopt various competitive strategies to sustain in the market and be ahead of the competitor. The increasing demand forces them to be innovative and competitive providing some sort of differentiation from its competitor. Here, is the strategy adopted by one of the players in the oil dispenser market: –

• The increasing demand by the customers made it possible for Dover Fueling Solution and Shell to co-develop the Self-service Kiosk (self-dispensing oil kiosk) which will lead to a better customer experience. They co-developed the self-service kiosk on 15th Feb 2020.

Why will the Asia-Pacific Generate Significant Demand for the oil dispenser Market?

The Asia-Pacific market has an enormous demand for oil as well as for fuel due to the development of industries and also increase in demand for automobiles as well as the adoption of robot technology. This will create the demand for the oil dispenser due to the increase in usage of oil in the industry also by the individuals.

The disposable income in the developing countries is been increasing and people are moving from rural to urban areas which increases the consumption rate and also they are demanding vehicles for their easy accessibility which increases the oil demand and this ultimately will boost the demand for oil dispensers.

How has COVID-19 impacted the Growth of the oil dispenser Market?

The impact of the COVID-19 pandemic on the oil dispenser market was negative as during the pandemic the consumption of oil by various industries decreased and also the decreased transportation was the reason for the decline of the oil consumption. This decline in demand, as well as consumption of oil during the initial stage of the pandemic, resulted in the decline of demand for oil dispenser but, in the later stage again the demand for the oil started to rise with the start of various activities in the countries and this again resulted in the increasing demand for the oil dispensers.

The bottleneck in the supply chain during the initial phase of COVID-19 affected the growth of the oil dispenser but later on, it continued to grow as the supply chain started working as it used to be. The new era for electric vehicles has been started and customers are trying to move towards electric vehicles which are increasing the demand for electric vehicles and similarly this increases the demand for the oil dispenser.

Key Segments of Oil Dispenser Market Covered in the Report