The twist tie machines market is expected to grow at a CAGR of 5.45% from 2022 to 2032. The market is being driven by the increasing demand for twist ties in various end-use industries, such as food and beverage, packaging, and others. Twist ties are used to secure bags, bundles, and other items. They are also used as a decorative element in packaging.
The global twist tie machines market is segmented by type, application, and region. By type, the market is segmented into semi-automatic, automatic, and manual twist tie machines. The automatic twist tie machines segment is expected to grow at the fastest CAGR during the forecast period. This is due to the increasing demand for high-speed and efficient twist-tie machines in the food and beverage industry.
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By application, the market is segmented into food and beverage, packaging, and others. The food and beverage segment is the largest segment, accounting for over 50% of the market share. This is due to the increasing use of twist ties in the packaging of food and beverage products.
The regional analysis of the twist tie machines market includes North America, Europe, Asia Pacific, and Latin America. Asia Pacific is expected to be the fastest-growing region during the forecast period. This is due to the increasing demand for twist ties in the packaging and food and beverage industries in the region.
Key Points:
- The twist tie machines market is expected to be driven by the increasing demand for twist ties in various end-use industries.
- The market is also expected to be driven by the increasing demand for high-speed and efficient twist tie machines.
According to FMI Analysts, the global market for twist tie machines is anticipated to reach US$ 9.54 billion in 2022 and is expected to grow at a CAGR of 5.45% from 2022 to 2032.
Twist Tie Machines Market: Overview
The technological innovations in-store or online, coupled with shifting demands of the consumer will reshape the future packaging industry. In the supermarkets or grocery stores, the demand for twist tie machines is rising exponentially. The widespread shopping of food including cereals, grains, beans and others are driving the demand for the twist tie machines globally.
Twist tie machines ease the process to tie a knot of packages. Twist tie machines are globally accepted by almost all supermarket chains to enhance productivity. This machine works with plastic/paper standard twist tie ribbons, decorative twist tie ribbons and other types of ribbons. The twist tie machines are perfect for various applications including food, bakery & confectionery, wire harnessing & assembly and industrial. These machines can be automatic or semi-automatic as per the requirement of the customer. The outlook for the global twist tie machines is expected to be positive during the forecast period.
Twist Tie Machines Market: Dynamics
he major reason for the growth of the global twist tie machines in the market is the amount of time it saves across the conveyor. In a production line, an employee who is not using the twist tie machine is much less efficient than the one who is using the twist tie machine in order to twist off the ties. The twist tie machines are available in different diameter for tying the different sized packages. Twist tie machines are not only manufactured for the supermarkets or grocery stores, but also for the food industries and warehouses where large volumes of packaging have been done.
factors are expected to drive the global twist tie machines market during the forecast period. Also, twist tie machines come with adjustable ribbon length, which ensures the economical use of ribbons. The twist tie machines have different operating speeds as per the requirement. They have an operating speed of 50 bags per minute to 200 bags per minute. The demand for the twist tie machines is continuously rising on the backdrop of rising establishments of supermarkets, grocery stores across the globe. These factors are expected to fuel the global twist tie machines market growth during the forecast period.
Regional Outlook
Asia region is expected to drive the demand for the twist tie machines market during the forecast period. It is owing to the establishment of supermarkets, malls, shopping complex and grocery stores in the region coupled with rapid globalization and industrialization across the countries such as India, China, Thailand, Malaysia, Singapore, and Indonesia among others.
The region is closely followed by Europe and North America. The countries in these two regions are technologically advanced and were the first to adopt the twist tie machines. The U.S., Canada, Germany, Italy, France, the U.K., and Benelux among others have a high installed base of twist tie machines, attributed to the large pool of shopping complexes, hypermarkets, supermarket in the region. MEA region is expected to witness above-average demand for the global twist tie machines demand during the forecast period.
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Twist Tie Machines Market: Key Players
Some of the leading players operating in the global twist tie machines market are:
- Plas-Ties, Co.
- Tach-It
- Zhenjiang Hongda Commodity
- Kunshan Yuanhan Electronic Equipment
- Hughes Enterprises
- IPS Packaging
- International Plastics Inc.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Regions Included:
- North America
- Latin America
- Europe
- Middle East and Africa (MEA)
- East Asia
- South Asia
- Oceania
What is the Competition Landscape in the Twist Tie Machines Market?
Some of the leading companies operating in the global twist tie machines market include Plas-Ties, Co., Tach-It, Zhenjiang Hongda Commodity, Kunshan Yuanhan Electronic Equipment, Hughes Enterprises, IPS Packaging, International Plastics Inc.
In-store and online technological advances combined with changing consumer preferences are reshaping the future horticulture film market. The availability of twist tie machines in supermarkets andgrocery stores is rising exponentially. The prevalence of cereals, grains, beans and many other food items is driving the popularity of twist tie machines globally.
Twist tie machines can be ordered in various diameters to meet the different sizing needs of different packages. These machines are not only manufactured for supermarkets and grocery stores, but also for food industries and warehouses where large quantities of packaging are done.
Due to increasing establishment of supermarkets, grocery stores across the globe, demand for twist tie machines has steadily been rising, fueling market growth during the forecast period. Their operating speed ranges from 50-60 bags per minute.
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Key Segments Profiled in the Twist Tie Machines Market
By Machine Type:
- Automatic
- Semi-automatic
- Manual
By Operating Speed:
- Less than 50 bags/min
- 51 to 100 bags/min
- 101 to 150 bags/min
- 151 to 200 bags/min
- 200 bags & above
By Application:
- Food & Beverage
- Wire Harnessing
- Industrial
- Chemical
- Glass & Ceramics
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
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