Zipper Pouch Market Projected To Garner Significant Revenues By 2026
Zipper Pouch Market: Snapshot
There has been a considerable rise in the number of modern
retail setup such as hypermarkets, supermarkets, and convenience shops over the
last few years. Global in-store purchases and retail sales are expected to grow
significantly in the coming years. The retail industry in Asia Pacific is
booming, primarily because of the rising per capita dispensable income coupled
with changing lifestyles of customers in the region. This change is
consequently expected to fuel the growth of the global zipper pouch market in
the coming years. This change in customer lifestyle has raise the dependence on
pre-cooked, packed, and processed food, which also marshalled the overall
flexible supply chain of packaging to sync the offering of product as per the
requirement of the consumer. Increasing customer preference towards using
packaging that is flexible and easy to use is projected to drive the market of
zipper pouch globally. Moreover, zipper pouches help in extending the shelf
life of products which also is expected to help significantly in developing the
market globally. Strict government regulations about the usage of plastics and
the low recycling ability of zipper pouches are projected to pose some problems
in the development of the global
zipper pouch market. However, rising awareness among consumers
about the environment preservation and safety and rules and regulations by
local government about forcing the local manufacturers to use high norms for
safety and quality is expected to drive the development of the global zipper
pouch market.
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Primary packaging is done to protect and preserve the
product from any sort of damage and contamination. Flexible packaging provides
all the properties needed for primary packaging such as lightweight, high
performance, high barrier, low contamination, and keeps the product completely
sealed off from the environment. Zipper pouch – a type of flexible packaging,
has a plastic zip on its opening. Zipper pouch is used in industrial and food
and beverage applications. It helps to keep the product fresh for a longer
period of time. Consumers are increasingly inclined towards packaged goods,
especially food and beverage products, offering features such as easy opening, portability,
reclosability and single-handed use, which is expected to drive the global
zipper pouch market. These pouches are available in two types as transparent or
semi-transparent. The global zipper pouch market is expected to increase at
high pace over the forecast period.
Global Zipper Pouch Market Dynamics:
There has been a significant increase in the number of
modern retail format such as supermarkets, hypermarkets and convenience stores
over the past few years. Global retail sales and in-store purchases is expected
to increase at an impressive CAGR through 2018. The retail sector in Asia
Pacific is flourishing, mainly due to changing lifestyle coupled with
increasing per capita disposable income of consumers in this region. This in
turn, is expected to drive the global zipper market over the forecast period.
Changing consumer lifestyle has increased dependence on processed, pre-cooked
and packed foods, which also mobilized the entire flexible packaging supply
chain to sync product offering as per end customer requirement Changing
consumer preference towards flexible packaging from rigid packaging is
anticipated to drive the global zipper pouch market in the near future. In
addition to this, the zipper pouches also provide better shelf life to the product
which in turn is anticipated to drive the zipper pouch market. Government
regulation pertaining to the use of plastic is expected to hamper the growth of
the plastic zipper pouch. Increasing consumer awareness regarding environmental
sustainability and local government regulations are influencing food
manufacturers to practice high standards of quality and safety.
However, one of the major challenge for growth of zipper
pouch market is recyclability. Post-consumer pouches that are
multilayered cannot be recycled easily. Plastic-metal packaging and plastic
paper packaging is also very difficult to recycle.
Global Zipper Pouch Market Segmentation:
The global zipper pouch market is segmented on the basis of
type as stand up and flat. On the basis of material, the global zipper pouch
market can be segmented into kraft, aluminum and plastic. On the basis of end
use industry, the global zipper pouch market can be segmented into food &
beverages, cosmetics and others. Food and beverages segment can be further segmented
into dehydrated fruit and vegetables, meat & fish, confectionery, and
others.
Global Zipper Pouch Market Regional Outlook:
On the basis of region, the global zipper pouch market can
be segmented as North America, Latin America, Europe, Asia-Pacific and Middle
East & Africa. Asia Pacific is expected to retain its dominance in the
global zipper pouch market over the forecast period. Zipper pouch market in
Europe and North America is also expected to increase at high pace over the
forecast period. China and India are expected to witness promising growth in
the global zipper pouch market in the near future.
Global Zipper Pouch Market Key Players:
The major players in the zipper pouch market are Amcor
Limited, Bemis Company, Inc., Sealed Air Corporation, Huhtamaki Oyj, Mondi
Group, S. C. JOHNSON & SON, INC., and Maco PKG. Maco Bag Corporation
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regional segments are covered comprehensively:
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