With a CAGR of 5.2% throughout the forecast period, the zipper pouches market is predicted to reach US$ 2.35 billion in 2023 and US$ 3.90 billion by 2033.
The rising consumer awareness of personal safety, environmental protection, and local government regulations mandating local manufacturers to follow stringent quality and safety requirements are all expected to lead to growth in the worldwide zipper pouch market.
The primary factor driving the market’s growth is the rise in the use of adaptable and portable packaging for the quickly expanding consumer products industry. Contemporary retail businesses including hypermarkets, supermarkets, and convenience stores have become more prevalent during the past few years.
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Zipper pouches are used in the industrial, food, and beverage industries. This makes it possible for product shelf lives to be extended. As a result of customers’ growing demand for packaged goods, particularly food and beverage items, that offer benefits such simple opening, mobility, reclosability, and one-handed use, the global market is predicted to rise at a rapid rate. Moreover, zipper pouches lengthen product shelf lives, which is projected to significantly support market expansion on a global scale.
Due to the use of cutting-edge packaging processes and designs, the cosmetics industry is also embracing high-quality packaging materials. The market is growing as a result of this. The market for zipper pouches is also being helped by the adoption of packaging automation.
Over the next few years, there is expected to be a significant increase in retail sales and in-store transactions worldwide. Furthermore, as the e-commerce industry develops, there is a growing need for flexible packaging options. This should therefore open up new opportunities for the zipper pouch market.
North America now dominates the zipper pouch market, and it is projected that this pattern of dominance will continue during the projection period. The usage of convenience foods has increased across most of North America. This tendency is being observed as a result of important causes, such as the changing way of life of those who work and lead hectic lives.
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KEY TAKEAWAYS
- The market in the United Kingdom is anticipated to rise, exhibiting a CAGR of 3.7% through 2033.
- The United States dominated the market in 2022 holding a 22% share of the global market.
- With a CAGR of 7.7% over the forecast period, India is predicted to develop rapidly in the market.
- The market in China is expected to proliferate, registering a CAGR of 6.9% over the forecast period.
- Germany accounted for 3.9% of the global market in 2022.
COMPETITIVE LANDSCAPE
The top market players in the zipper pouch market are Sonoco Company, Berry Global Group, Winpak Ltd., Amcor Plc, Mondi Group, Bryce Corporation, Clondalkin Group Holdings, Glenroy, Inc., Novolex Holdings, LLC, Uflex Ltd, Rengo Co., Ltd, C.I. TAKIRON Corporation, Dsmart GmbH, Maruto Sangyo Co Ltd, Paras Printpack, Pentaflex Inc., and others.
To increase the usefulness and sustainability of their goods, these key market players in the zipper pouch market are always coming up with new designs, materials, and technologies. To stay competitive in the market, they are also concentrating on raising production efficiency and lowering costs.
RECENT DEVELOPMENTS
- In January 2023, to offer superior product protection, Mondi expanded the range of its distinctive medium, high, and extremely high-barrier paper-based packaging choices. The product can take the place of non-recyclable packaging composed of aluminum and plastic composites.
- In May 2021, Olmuksan International Paper Ambalaj Sanayi ve Ticaret A.S. was successfully acquired by Mondi Plc from the International Paper Company for a sum of US$78.8 million.
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Zipper Pouch Market by Category
By Product Type:
- Stand-Up Zipper Pouch
- Flat Zipper Pouch
By Material Type:
- Plastic
- Polyethene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Aluminum Laminates
- Paper
- Others
By Closure Type:
- Slider Zip
- Press to Close
By End Use:
- Food
- Fruits & Vegetables
- Meat, Poultry & Sea Food
- Bakery & Confectionery
- Ready-to-eat food
- Dairy Products
- Cereals
- Pet Food
- Pharmaceuticals
- Cosmetics & Personal Care
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
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