The market for zipper pouches is expected to be worth US$ 2.35 billion in 2023 and is anticipated to approach US$ 3.90 billion by 2033, with a CAGR of 5.2% during that period.
The global zipper pouch market is anticipated to grow as a result of increased consumer awareness of environmental protection, personal safety, and local government laws requiring local manufacturers to adhere to strict standards of quality and safety.
The centerpiece propelling the market’s expansion is the increasing use of versatile and portable packaging for the fast-moving consumer goods market. Over the past several years, there has been a noticeable increase in the number of contemporary retail establishments like hypermarkets, supermarkets, and convenience stores.
Request Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-4773
Industrial, food, and beverage industries all employ zipper pouches. Longer product shelf life is made possible by this. The global market is anticipated to grow at a rapid rate as a result of consumers’ increased preference for packaged goods, particularly food and beverage items, that provide advantages like easy opening, mobility, reclosability, and one-handed usability. Additionally, zipper pouches increase the shelf life of items, which is predicted to considerably contribute to market growth globally.
The cosmetics sector is also adopting high-quality packaging materials as a result of the usage of innovative packaging techniques and designs. As a result, this is fueling the market’s expansion. Additionally, automation in packaging is being adopted which is also boosting the zipper pouch market.
Retail sales and in-store transactions globally are anticipated to increase dramatically during the next several years. Furthermore, the necessity for flexible packaging solutions is increasing as the e-commerce sector expands. So, it is anticipated that this would present new prospects for the zipper pouch industry.
The zipper pouch market is dominated by North America, and during the forecast period, this pattern of predominance is anticipated to persist. In the majority of North American nations, convenience food consumption has grown. This trend is being seen as a result of significant factors including the evolving lifestyle of working individuals with busy schedules.
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.
Zipper pouches are accepted worldwide because they are both re-sealable and re-usable. These products also offer strong barriers to external atmosphere and temperature fluctuations. Applications of zipper pouches in the pharmaceutical, cosmetics, and personal care industries are gaining traction.
Marketers and retailers are able leverage zipper pouches to fulfil demand for packaging aesthetics. Also, consumer convenience through clear packaging attributes is likely to fuel demand for the foreseeable future.
In recent years, manufacturing giants have shifted their focus on the use of recyclable raw materials such as polyethylene (PE), polyvinyl chloride (PVC) and polypropylene (PP). Improvements in machinery have enabled large scale production with minimal waste.
Largely, the zipper pouch market is projected to grow supported by the usage of sustainable materials and green practices by producers and end-use industries.
In recent years, manufacturing giants have shifted their focus on the use of recyclable raw materials such as polyethylene (PE), polyvinyl chloride (PVC) and polypropylene (PP). Improvements in machinery have enabled large scale production with minimal waste.
Largely, the zipper pouch market is projected to grow supported by the usage of sustainable materials and green practices by producers and end-use industries.
Get In Touch With Our Team For a 20% Flat Discount
Key Takeaways from the Zipper Pouch Market Study
- Stand up zipper pouches account for more than 79% market value, owing to relative ease of use.
- In North America, the U.S. holds a market share of almost 89% in 2021, driven by a matured packaged food sector.
- The zipper pouch market in Germany is anticipated to exhibit a growth rate of 5% supported by the large-scale manufacturing sector of the country.
- India is a fast-growing market in APEJ, driven by a large consumer base and changing consumer food and beverage consumption trends.
- Zipper pouches are most widely used packaging various types of food products, as it holds almost 76% of market share in the year 2021.
“Expansion of the global zipper pouch market is largely driven by a surge in demand for packaged foods. The need to preserve food items and offer protection against harsh atmospheric conditions have aided developments in the industry. Most manufacturers are focusing eco-friendly raw materials and sustainable practices for producing making zipper pouches” says the FMI analyst.
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.
Request TOC @ https://www.futuremarketinsights.com/toc/rep-gb-4773
Zipper Pouch Market by Category
By Product Type:
- Stand Up Zipper Pouch
- Flat Zipper Pouch
By Material Type:
- Plastic
- Polyethylene (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
Ask An Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-4773
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Ex. Japan (APEJ)
- Middle East & Africa (MEA)
- Japan
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
