According to a recent update from Future Market Insights (FMI), the global zipper bag market is projected to reach a valuation of US$ 2.3 billion in FY 2024. The market is expected to witness a steady growth at a CAGR of 2.60%, reaching US$ 3.0 billion by 2034. This growth is attributed to the rising demand for convenient and resealable storage solutions for various applications.
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Convenience and Functionality Propelling Market Growth:
The easy-to-use and close nature of zipper bags makes them a popular choice for busy individuals and families. From packing lunches for work or school to storing snacks for picnics and travel, zipper bags offer a practical solution for on-the-go lifestyles. Additionally, the growing trend of meal prepping is driving the use of zipper bags for portion control and easy storage.
Sustainability Concerns Shaping Consumer Preferences:
Millennials, with their focus on healthy eating and eco-friendly choices, are increasingly opting for leak-proof and sustainable zipper bags. This shift in consumer behavior is prompting manufacturers to develop eco-friendly options, such as compostable zipper bags.
Broader Market Applications and Increased Accessibility:
The market for zipper bags extends beyond the kitchen. Their durability, water resistance, and affordability make them suitable for various end-use sectors, including food packaging, electronics, and pharmaceuticals. Furthermore, the easy availability of these bags in stores like supermarkets and convenience stores further fuels their market presence.
Key Trends and Innovations:
- E-commerce Growth: Leading players are recognizing the potential of online sales and are listing their products on e-commerce platforms to reach wider audiences.
- Eye-Catching Designs: The utilization of digital printing techniques allows for innovative and visually appealing zipper bag designs to attract consumers.
- Compostable Solutions: Key players, particularly in the United States, are catering to eco-conscious consumers by offering compostable zipper bag options.
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Strong U.S. Market Driven by Convenience and Personal Care:
The zipper bag market in the United States is projected to grow at a steady pace, fueled by the demand for convenient food storage solutions. The rising consumption of processed foods and beverages further contributes to market growth. Additionally, the increasing popularity of personal care products, driven by social media influence, creates demand for zipper bags in this category.
Leading players in the industry are continuously innovating and offering a diverse range of resealable bags at competitive prices. The introduction of compostable zipper bags highlights the industry’s commitment to sustainability, which is expected to resonate well with environmentally conscious consumers.
- 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.
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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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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