According to newly released data from Future Market Insights (FMI), the Ziplock products market is expected to be valued at USD 2.2 billion in 2022 and projected to reach USD 4.5 billion by 2032, growing at a compound annual growth rate (CAGR) of approximately 7.5% during this period.
Ziplock products such as pouches and bags employ a simple ridge lock mechanism to seal the bags. These bags can be easily sealed and stored without any hassle. Due to their convenience, ziplock pouches and bags are gaining immense popularity in commercial and residential sectors. Further, end users in diverse sectors are using the ziplock bags for their products such as consumer goods, food, and others. As per the study, the food sector is considered to be the largest consumer of ziplock products.
To capitalize on the growing demand from a wide range of industries, ziplock products manufacturers are using innovative technology such as lamination and eco-friendly materials. As food items include food grade plastic films and laminates, manufacturers are using aluminium foils and metal sheets to increase rigidity and protect against external threats.
Plastic films infused with anti-bacterial agents serve to keep internal food products safe and extend shelf life. Ziplock bags are useful to store food products and to carry them around safely. In addition to food products, storing medicines, cloths, and using the small sized ziplock bags while cooking is also common and is a trending factor in the current market scenario.
Plastic is used in the making of ziplock bags and pouches; hence, there are restrictions on manufacturing and use of plastic bags in some countries. There are chances that low quality plastic can react with food and cause poisoning. As there are some potential hazards to humans, the market might witness some restrictions.
Key Takeaways from the Ziplock Products Market Study
- In terms of material, the plastic segment generated revenues worth USD 340 Billion in 2021, owing to its higher number of applications in food packaging industry.
- In terms of end use, the food industry is expected to create incremental growth opportunities in the ziplock products market.
- China is expected to lead the growth in East Asia ziplock products over the forecast period.
- Aluminium laminated ziplock bags are commonly used for snacks and powdered products.
Who is winning?
Some key players in the ziplock products market are Bemis Company Inc., Uflex Ltd., Sealed Air Corporation, Winpak Ltd., Constantia Flexibles Group GmbH, Glenroy Inc., Huhtamaki Oyj, Sonoco Products Company, Clondalkin Group Holdings B.V., Ampac Holdings LLC, Flair Flexible Packaging Corporation, Asahi Kasei, Ziploc, Berry Global Inc., AE Adams (Henfield) Ltd., and Printpack Inc. among others.
Tap into Expertise: Discuss with Our Analyst on Email: sales@futuremarketinsights.com
Key Segments Profiled in the Ziplock Products Industry
By Product Type:
- Flat Pouch
- Stand-up Pouch
By Material:
- Plastic
- Laminates
- Paper
- Others
By Closure Type:
- Slider zip
- Press to Close
By End Use:
- Food
- Personal Care & Cosmetics
- Pharmaceuticals
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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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