The zipper pouch market is expected to experience significant growth in the upcoming years due to various factors. Increased consumer awareness about personal safety and environmental protection, as well as stringent government regulations on quality and safety, are contributing to this growth. The market is projected to expand at a compound annual growth rate (CAGR) of 5.2% during the forecast period.
One of the primary drivers of market expansion is the rising demand for adaptable and portable packaging in the rapidly growing consumer products industry. Modern retail establishments, including hypermarkets, supermarkets, and convenience stores, have witnessed significant growth, leading to an increased need for innovative packaging solutions such as zipper pouches.
Industries such as industrial, food, and beverage extensively utilize zipper pouches to enhance the shelf life of their products. Consumers are increasingly seeking packaged goods, particularly in the food and beverage category, that offer advantages like easy opening, portability, resealability, and convenient one-handed use. The use of zipper pouches helps extend the shelf life of these products, thereby driving market growth.
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The cosmetics industry is also adopting high-quality packaging materials, advanced packaging processes, and designs. This adoption of cutting-edge packaging techniques contributes to the growth of the zipper pouch market in the cosmetics sector. Additionally, the implementation of packaging automation supports market expansion.
With the expected increase in global retail sales and in-store transactions in the coming years, along with the continued growth of the e-commerce industry, there is a growing demand for flexible packaging options. This presents new opportunities for the zipper pouch market to cater to the evolving needs of retailers and e-commerce businesses.
Overall, the zipper pouch market is expected to reach a value of US$ 2.35 billion in 2023 and is projected to reach US$ 3.90 billion by 2033. Factors such as consumer preferences, industry requirements, and market dynamics will continue to drive this growth.
Key Insights oF The Report
• Key Trends in the Zipper Pouch Market
• New Advancements in Production Technologies
• New Product Launches, Expansions of Zipper Pouch Market
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.
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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.
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
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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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