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Category: PACKAGING (Page 1 of 10)

Blister Packaging Market worth 28.38 Billion by 2022

The report Blister Packaging Market by Material (Paper & Paperboard, Plastic, Aluminum), Type (Carded, Clamshell), Technology (Thermoforming, Cold Forming), End-use Sector (Healthcare, Consumer, Industrial Goods), and Region – Global Forecast to 2022″, The blister packaging market size is projected to grow from USD 18.65 Billion in 2016 to reach USD 28.38 Billion by 2022, at a CAGR of 7.2%.

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Browse 151 market data tables and 71 figures spread through 183 pages and in-depth TOC on “Blister Packaging Market”

The global blister packaging market is witnessing demand, owing to the rise in manufacturing activities and growth in demand for conveniently packaged products. Growth in demand from the healthcare industry also provides an opportunity to the market to grow further, especially in the emerging Asia-Pacific and South American regions.

“Thermoforming segment, by technology, to gain maximum share during the forecast period during the forecast period”

The materials on which the thermoforming process is used include low density polyethylene (LDPE), high density polyethylene (HDPE), polyvinyl chloride (PVC), polypropylene (PP), polystyrene (PS), and others such as acrylic. Thermoforming technology is widely used to manufacture aluminum and plastic blister packs. Thermoforming of plastics require low initial tooling and equipment cost as compared to injection and blow molding techniques. Thermoformed plastic films give wide design scope and a visually pleasing appearance leading to a rise in its demand for blister packaging.

“Carded blister packaging market segment is estimated to have the largest share in 2015”

The blister packaging market, on the basis of type, is classified into carded and clamshell. The carded segment accounted for the largest share in 2015, due to its ability to form different shapes, stack many products, and its ease of handling and damage prevention properties. The increase in demand for consumer durables, pharmaceuticals, and food & beverages supports the growth of the blister packaging market.

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“Asia-Pacific projected to be the largest share in the blister packaging market in 2022”

On the basis of key regions, the blister packaging market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The North American region held the largest share among all the regions in 2014. This is mainly due to the rise in consumption of packed products, focus on reducing packaging waste, rise in healthcare awareness, and continuous innovation & technological developments in both pharmaceutical & medical industries, which are further transforming the healthcare packaging industry, thereby driving the growth of the blister packaging market.

The major players include Amcor Limited (Australia), Bemis Company, Inc. (U.S.), The Dow Chemical Company (U.S.), WestRock Company (U.S.), Sonoco Products Company (U.S.), Constantia Flexibles (U.S.), Klockner Pentaplast Group (Germany), E.I. du Pont de Nemours and Company (U.S.), Honeywell International (U.S.), Tekni-plex, Inc. (U.S.), Display Pack, Inc. (U.S.), and Pharma Pack, Inc. (U.S.). Companies have adopted strategies such as acquisitions, expansions, new product launches, and agreements & collaborations to cope with the increase in demand in the emerging markets.

Water Clarifiers Market expected to reach 7.43 Billion USD by 2022, at a CAGR of 6.6%, over 2017–2022

[129 Pages Report] The Global Water Clarifiers Market is estimated to reach USD 7.43 Billion by 2022, at a CAGR of 6.6% from USD 5.39 Billion in 2017. The water clarifiers market has witnessed significant growth in recent years, owing to stringent regulations related to environment and water treatment. Increasing population and industrialization, coupled with declining freshwater resources has compelled governments of several countries to implement water treatment regulations, which, in turn, are driving the consumption of water clarifiers around the world.

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Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Water Clarifiers Market, By Type

7 Water Clarifiers Market, By End-Use Industry

8 Water Clarifiers Market, By Region

9 Competitive Landscape

10 Company Profiles

11 Appendix

Water clarifiers are used across various end- municipal water treatment, pulp & paper, textile, petrochemicals, metals & mining, and other industrials. Based on end-use industry, the metals & mining segment is expected to grow at the highest rate during the forecast period. The requirement of water clarifiers is the highest in the metals & mining industry, as this industry is highly water-intensive.

Asia Pacific is expected to be the fastest-growing market for water clarifiers during the forecast period. Increasing population, rapid industrialization, and decreasing freshwater reserves in this region are expected to propel the demand for water clarifiers in both, municipal and industrial sectors. Rapid urbanization will result in increasing municipal water consumption, which, in turn, will lead to high demand for flocculants and coagulants.

Some of the major market players active in the global water clarifiers market include SNF Floerger (France), Kemira OYJ (Finland), BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Buckman Laboratories, Inc. (US), Feralco AB (Sweden), Suez S.A. (France), Ixom Operations Pty Ltd. (Australia), and Kurita Water Industries Ltd. (Japan).

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Adhesive Tapes Market to be Worth 69.42 Billion USD by 2022

[169 Pages] Report Adhesive Tapes Market was valued at USD 48.56 Billion in 2016 and is projected to reach USD 69.42 Billion by 2022, at a CAGR of 6.26% during the forecast period. In this study, 2016 has been considered as the base year, and the forecast period is between 2017 and 2022. The report aims at estimating the size and growth potential of the adhesive tapes market across different segments, such as resin type, technology, backing substrate, category, application, and region. Factors such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the adhesive tapes market have also been studied in this report. The report analyzes opportunities in the adhesive tapes market for stakeholders and presents a competitive landscape of the market.

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3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Intertape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US), Shurtape Technologies, LLC (US), and Scapa Group Plc (UK) are some of the key players operating in the adhesive tapes market.

Based on technology, the hot-melt segment of the adhesive tapes market is expected to grow at the highest CAGR during the forecast period. Hot-melt technology provides the advantage of high strength and immediate bond, which makes them ideal for a variety of applications, such as building & construction, automotive, white goods, and electrical & electronics. Benefits of using hot-melt technology include excellent adhesion, quick set and ease of use, and fast processing.

 Based on backing substrate, the paper segment of the adhesive tapes market is expected to grow at the highest CAGR during the forecast period. Smooth or crepe paper with different elongation degrees and tensile strengths are used as backing materials for adhesive tapes. The raw paper used as a backing material is treated with latex to improve its chemical and physical properties. Paper-based adhesive tapes are available in different grades and are used in a variety of applications, especially as masking tapes.

 Based on application, the healthcare segment of the adhesive tapes market is expected to grow at the highest CAGR from 2017 to 2022. The growth of the healthcare segment can be attributed to the rising incidences of wound infections and increasing awareness regarding advanced medical technologies.

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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

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Flexible Plastic Packaging Market is expected to grow up to 131.65 Billion USD By 2022

The report [215 pages] “Flexible Plastic Packaging Market by Type (Stand-Up Pouches, Flat Pouches, Gusseted Bags, Wicketed Bags, Wraps, Rollstock), Material (Plastic Films, Paper, Aluminum Foil, Bioplastics), Printing Technology, Application, and Region – Global Forecast to 2022″, published by MarketsandMarkets™, the market is projected to grow from USD 102.19 Billion in 2017 to reach USD 131.65 Billion by 2022, at a CAGR of 5.2%.

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Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights 

5 Market Overview

6 Industry Trends

7 Macro Economic Overview

8 Flexible Plastic Packaging Market, By Type

9 Flexible Plastic Packaging Market, By Material

10 Flexible Plastic Packaging Market, By Printing Technology

11 Flexible Plastic Packaging Market, By Application

12 Flexible Plastic Packaging Market, By Region

13 Competitive Landscape

14 Company Profiles

15 Appendix

In 2016, the Asia-Pacific region accounted for the largest share in the total market for flexible plastic packaging, in terms of value, followed by North America and Europe, owing to manufacturers’ focus on developing low-cost flexible plastic packaging options. The Asia-Pacific region is projected to register the highest growth during the forecast period; this is attributed to the large customer base for FMCG products and consumer durables, due to the growth in population in countries of this region; this, in turn, is expected to lead to the growth of the flexible plastic packaging market. The flexible plastic packaging market in the North American region is developed and matured; the markets in the U.S. and Canada are projected to grow the highest rates from 2016 to 2022.

The market ecosystem involves various stakeholders in the flexible plastic packaging market. It starts with the raw material suppliers such as Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Constantia Flexibles Group GmbH (Austria), Sealed Air Corporation (U.S.), and Huhtamäki Oyj (Finland), that are the manufacturing companies of the flexible plastic packaging. The next level in the chain involves the assembly team that is monitored by the manufacturers such as Coveris Holdings S.A. (U.S.), Sonoco Products Company (U.S.), Berry Plastics Group, Inc. (U.S.), Mondi Group (Austria), Reynolds Group Holdings (New Zealand), and Reynolds Group Holdings (Netherlands). It is followed by the marketing and sales of the finished products, which is only possible if an efficient distribution channel is developed. Finally, the end products are distributed to the consumers.

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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

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Asia-Pacific is projected to grow at the highest rate in the global variable data printing in labels market

The report Variable Data Printing Market in Labels by Label Type (Release Liner, Linerless), Composition (Facestock, Topcoat), Printing Technology (Thermal Transfer, Direct Thermal, Electrophotography, Inkjet), End-use Sector, Region – Forecast to 2021″.

The variable data printing market in labels is projected to grow from USD 10.79 Billion in 2016 to USD 22.27 Billion by 2021, at a CAGR of 15.61% from 2016 to 2021. 

Browse 223 market data tables with 42 figures spread through 222 pages and in-depth TOC on “Variable Data Printing Market in Labels by Label Type (Release Liner, Linerless), Composition (Facestock, Topcoat), Printing Technology (Thermal Transfer, Direct Thermal, Electrophotography, Inkjet), End-use Sector, Region – Forecast to 2021”.

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The global variable data printing market is driven by basic factors, which include strong growth in demand, especially in pharmaceutical, food & beverage and other sectors. These drivers are supported by the high rise in demand from the Asia-Pacific region. Product innovations and technological developments in the market are expected to create strong investment opportunities.

This market, on the basis of label type, has been segmented into release liner and linerless labels. The release liner segment accounted for the largest share in the variable data printing market in labels in 2015 and is expected to grow at a higher rate as it can be cut into any shape and size, whereas linerless labels are restricted to squares and rectangles.

Variable data printing market in labels, on the basis of composition, consists of facestock and topcoat. The facestock segment had the largest demand in 2015 and is expected to hold the leading position through the forecast period as it can withstand adverse conditions such as high temperature, moisture, and abrasion and is less expensive compared to other composites.

On the basis of printing technology, the market has been categorized into thermal transfer, direct thermal, electrophotography, and inkjet. The inkjet printing technology is projected to grow at the highest CAGR from 2016 to 2021 due to the huge demand for this type of printing in the industrial applications as it prints finer, smoother details through higher printhead resolution.

The end-use sectors for the market are food & beverage, consumer durable, pharmaceutical, home & personal care, and retail sector. The demand from the food & beverage sector is projected to grow at the highest CAGR during the forecast period.

The growing demand of consumer awareness about product ingredients, packed food trends, and rise in the consumption of healthy food has led to the increase in demand for food & beverage sector in variable data printing market.

North America dominated the variable data printing market in labels in 2015 and is projected to remain the market leader through 2021. However, Asia-Pacific is projected to register the highest growth rate from 2016 to 2021.

Rising disposable incomes and changing preferences of consumers towards informed buying and growing concerns among the manufacturers about the printing of varied data in a cost- and time-efficient manner have driven the growth of this market in this region.

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HP Inc. (HP), formerly known as Hewlett-Packard Company (U.S.), as a key player in the technology products market, has a strong market share in the U.S. It also intends to enhance its product portfolio by providing innovative solutions to businesses.

The company has been adopting technological advancements as its key strategy to gain competitive advantage. Owing to its wide portfolio of products and services and technological advancements, the company has positioned itself to offer integrated and comprehensive solutions.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Crown Closures Market to Witness Increased Incremental Dollar Opportunity During the Forecast Period 2019 – 2027

Nearly 185 billion units of crown closures were sold in the year 2018, according to a new intelligence outlook presented by Future Market Insights (FMI). Just-over 2% growth is estimated in the consumption of crown closures globally, in 2019.

Aluminum crown closures account for more than 70% of the total consumption of crown closures, according to the report. A majority of sales is registered by small-diameter (26mm) crown closures, compared to the crown closures that have large diameter (29mm).

Beer Accounts for More than 70% of Demand for Crown Closures

The growth of food and beverages market has been closely influencing the performance of crown closures market. According to FMI’s analysis, alcoholic beverages, particularly beer and wine, will remain the most prominent end use categories in crown closures market. Beer currently holds just-over 70% share in the global demand for crown closures, followed by carbonated soft drinks.

While consumption of crown closures is likely to be sustained by increasing beer production as well as consumption, it has been observed that emergence of superior packaging alternatives in the beverages sector is particularly translating into the falling demand for crown closures in the carbonated soft drinks category.

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According to FMI’s analysis, rapidly growing preference for PET (polyethylene) bottles over glass bottles for packaging of carbonated soft drinks will continue to hold significant impact on the demand for crown closures in years to come.

Emerging Regional Markets to be on Forefront Owing to Increasing Uptake of Beer, Wine, & Other Alcoholic Drinks

Led by China, Asia Pacific is projected to remain the preeminent market for crown closures manufacturers. Within APAC that currently accounts for an approximate volume share of a third of the total consumption of crown closures, the ASEAN countries, followed by India, will also be among the prominent markets for crown closures over the coming years.

Shifting dietary preferences of urban consumers, considerably increasing consumption of alcoholic beverages by younger demographics, and increasing spending power strongly backed by changing priorities will continue to collectively uplift the overall consumption of spirits, particularly beer and wine, in developing Asian countries. This according to the report will sustain the sales of crown closures in the near future.

The constantly improving export scenario of beer and soft drinks in China is especially offering a strong impetus to the country’s and in turn APAC’s crown closures market, as per FMI’s findings. Moreover, strengthening foothold of European and American beverage brands within Asian markets will also play a vital role in generating steady demand for crown closures.

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Latin America is also cited as an attractive market for crown closures owing to the increased production and consumption of beer and sparkling wine within the region.

However, rapid emergence of ring pull caps as an excellent alternative for crown closures is likely to affect the market growth in North American region. Furthermore, as the US-based beverage manufacturers are already looking forward to switching to recyclable plastics (cans and bottles) for beverage packaging, demand for crown closures is highly likely to be hampered within the region. The report opines that the falling beer production rate in North American markets will remain the key deterrent influencing crown closure sales.

Crown Closures Market: Competition Landscape Analysis

FMI’s report covers deep-dive strategic profiles of some of the key competitors operating in the global crown closures market landscape, including Astir Vitogiannis, Avon Crowncaps & Containers Nigeria Limited, Avon Crowncaps & Containers Nigeria Limited, Continental Crowns and Closures, Crown Holdings, Inc., Finn-Korkki Oy, Manaksia Industry Ltd., Nippon Closures Co. Ltd, Oricon Enterprises Limited, Pelliconi & C. SPA, Samhwa Crown & Closure Co., Ltd, Supertech-Crown Caps, TOKK Company, and Viscose Closures Ltd.

In addition to designing effective penetration strategies for entering new beer and wine categories, as well as mineral water segment, leading players in crown closures manufacturing landscape are focused on a few profitable trends such as customized crown closure designs, and embossed crown closures or those imprinted with raised figure.  Several companies are also strategizing on the quality and material used in crown closures for efficient corking.

To know more about the key factors governing growth of the global crown closures market and gain exclusive insights on the comparative analysis of the profiled manufacturers of crown closures, write in to press@futuremarketinsights.com

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Double Sided Tape Market Size is projected to reach 13.15 Billion USD By 2023

 Double Sided Tape Market is estimated at USD 9.41 Billion in 2018 and is projected to reach USD 13.15 Billion by 2023, at a CAGR of 6.93% from 2018 to 2023. The increasing use of double sided tapes in various applications, such as electrical & electronics, building & construction, automotive, and paper & printing is driving the growth of the double sided tape market.

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Browse 163 market data Tables and 49 Figures spread through 183 Pages and in-depth TOC on “Double Sided Tape Market”

Based on resin type, the silicone segment is expected to grow at the highest CAGR during the forecast period.

The silicone segment is projected to grow at a higher rate than the other resin types because of its better adhesion properties. Silicone-based double sided tapes maintain adhesion over a larger temperature range and possess the ability to adhere to difficult surfaces. These factors are expected to drive the market for silicone resin-based double sided tapes during the forecast period.

Based on technology, the hot-melt segment of the double sided tape market is expected to grow at the highest CAGR during the forecast period.

The hot-melt technology segment is projected to witness the highest growth during the forecast period. Hot-melt double sided tapes is the fastest-growing class of double sided tapes in healthcare, aerospace, and wind and solar energy applications. These double sided tapes have an extreme rate of bond formation, which can translate into high production rates. In the US, the hot-melt technology is widely used in tape production by key players, such as 3M Company (US) and Intertape Polymer Group, Inc. (Canada).

Based on backing substrate, the paper/tissue segment of the double sided tape market is expected to grow at the highest CAGR during the forecast period.

The paper segment is projected to grow at the highest CAGR from 2018 to 2023 as it is cheaper and recyclable. Smooth or crepe paper with different elongation degrees and tensile strengths are used as a backing material for double sided tapes. The demand for double sided tapes in the paper & printing, electrical & electronics, healthcare, and packaging industries is expected to drive the demand for paper/tissue backing material.

The double sided tape market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period.

The double sided tape market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period, due to the rising demand for double sided tapes from emerging economies, such as India, China, South Korea, Vietnam, Taiwan, and Singapore. China is leading the market for double sided tapes in the Asia Pacific region. The growth of various end-use industries, such as automotive, electrical & electronics, and paper & printing, is projected to drive the demand for double sided tapes in China.

Key players operating in the double sided tape market include 3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Intertape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US), Shurtape Technologies, LLC (US), and Scapa Group Plc (UK).

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About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
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Bag Closures Market to Grow rapidly During the Forecast Period 2019 – 2029

Bag closure sales closed in on around US$ 170 million in 2018, and are likely to witness annual expansion a moderate 4.5% in 2019. Future Market Insights (FMI) offers valued insights on the global bag closure market, in a recently published market intelligence outlook.

While plastic is still the preferred material among manufacturers of bag closures market, the report opines that materials based on paper and paperboard will gain prominence in forthcoming years, in line with the rising quest for sustainability.

Reusability of Twist Tie Bag Closures Gaining Ground

Bag closures provide a simple way to keep the product safe and prevent spillage or external damage. The market for bag closure, in terms of product type, is classified as clips and pre-cut twist ties. Generally, high impact polystyrene is used for the manufacturing of bag closure clips, whereas pre-cut twist ties are available in both plastic and paper formats reinforced with two parallel metal wires on the edges. Bag closure finds applications in industries such as fresh produce, bakery, medical, and other industries where easy-to-use closures are needed.

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Overall, the outlook for the global bag closure market is expected to be positive over the course of next few years. Bag closures such as clip bands are available in two categories- paper clipband and plastic clipband. Bag closures such as pre-cut twist ties/strips, are usually used with bags/wraps/pouches as a cost-effective sealing/closure solution. Bag closures have broader applications in industrial bakeries and confectionery units. Tin-tie bag closures are mainly used with block bottom bags and doypacks, and are also ideal for packaging of coffee & tea.

Over the years, bag closures have emerged as a better alternative to plastic bags. For instance, in 2014, Arnold Foods Company, Inc., a popular supermarket brand catering bread and bread products in the US replaced little plastic clips/tags with a twist tie bag closure. Twist tie bag closures are largely reusable by nature, and provide the same kind of performance as that of a plastic bag.

However, twist ties offer relatively better bag closure by keeping the air out of the bag. Moreover, bag closures are able to permit the use of metal detectors on food packaging lines and thus, ensure the safety of packaged product with a metal-free guarantee. Moreover, bag closure re-usability and effectiveness compared to other alternatives such as plastic bag clips, was appreciated by its customers. The advantages of lightweight bag closures are better size control, shorter cycle time, less effect of colorants on shrinkage, and lower operating torque.

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Bag Closure Clips Selling Higher than Pre-cut Twist Ties

The rising use of easy-to-apply & reclosable bag closures in food, as well as non-food product applications across developing economies like China, India, and ASEAN is expected to create a positive impact on the global bag closure market. This fact has also supported the boom in the packaging industry across these countries. South Asia is expected to represent an incremental opportunity of US$ 20.9 Mn and expand by around 2.7X of its current value by the end of 2029.

The market for bag closure in terms of product type, is classified as clips and pre-cut twist ties. The clips segment in terms of revenue is expected to hold a significant market share and is expected to have steady growth. However, the pre-cut twist ties product segment is expected to expand at a higher CAGR as compared to the other segment during the forecast period.

In terms of market share and incremental opportunity, the plastic segment is expected to dominate the global bag closure market. Polystyrene is anticipated to be the most attractive plastic material segment during the forecast period in the bag closure market. However, the paper & paperboard material segment in the bag closure market is expected to gain traction among food brands, for product packaging.

Leading players in the bag closure market are expanding through inorganic and organic strategies, particularly production facility expansion and new product launches. Some of the most prominent competitors in the bag closure market are Plas-Ties, Co., Kwik Lok Corporation, Schutte Bagclosures B.V., Bedford Industries, Inc., Multipack B.V.B.A., International Plastics Inc., Inno Bag Closures, Truseal (Pty) Ltd., Vikela Aluvin Pty Ltd., ITW Envopak Limited, T & T Industries Inc., Zhenjiang Hongda Commodity Co., Ltd., AndFel Corporation, Detmold Group, A. Rifkin Co., and HSA International Group.

For a more detailed strategic view of the global bag closure market, write to the analyst at press@futuremarketinsights.com

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