Expected to surpass 44 billion units in total shipments, the global market for zipper bags is poised to achieve a significant valuation of US$ 2 billion by the year 2022. This growth is attributed to the rising prevalence of zipper bags in the food packaging and pharmaceutical sectors, with sales forecasted to witness a consistent upswing at a Compound Annual Growth Rate (CAGR) of approximately 4%-5% from 2022 to 2032.
Constructed from durable, transparent, lightweight, and printable single-ply home compostable films, zipper bags boast certified home compostable zippers, ensuring effortless opening and secure closure. Widely utilized for protecting fragile items or maintaining the freshness of food, these bags provide adaptable and eco-friendly packaging solutions.
The Zipper Bags Market is currently witnessing an upsurge in demand, driven by the rapid pace of modern living and evolving dietary preferences favoring on-the-go snacks and processed foods. Future Market Insights (FMI) identifies this trend as a pivotal factor propelling the sales of zipper bags. Moreover, stringent governmental regulations aimed at reducing plastic usage in emerging economies like China and India are contributing to the market's growth as sustainable alternatives gain prominence. The shift in consumer lifestyles, coupled with an increase in disposable income, is anticipated to unveil lucrative opportunities in the zipper bags market, promising a dynamic and prosperous future for this versatile packaging solution.
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According to Future Market Insights (FMI), North America is poised for rapid growth in the zipper bags market. The increasing demand for food storage in the region, fueled by the rising consumption of processed food products and beverages in the United States, is expected to drive significant sales of zipper bags. Moreover, the personal care industry is experiencing a boost in the application of zipper bags, thanks to the growing demand for personal care products, driven by the influence of social media and heightened consumer focus on personal grooming. These factors are contributing to the dynamic expansion of the zipper bags market in North America.
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.
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.
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.
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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