The report titled “Global Re-sealable packaging bags Market: Global Future Outlook (2018-2027) Demand Analysis & Opportunity Evaluation” delivers detailed overview of the global Re-sealable packaging bags market in terms of market segmentation by type, by material, by application and by region.
The global re-sealable packaging bags market is segmented by application such as food & beverage, personal care industry, electronics, consumer products and others. Among these segments, food & beverage segment grabbed major shares of market in previous years and is expected to witness considerable growth over the forecast period. The rise of the food & beverage segment is backed by increasing concern among consumers regarding freshness and shelf life of food & beverage product. Re-sealable packaging bags are very user-friendly packaging solution since it offers reclosing function. These benefits of re-sealable packaging bags increases the convenience level, which further projected to boost the growth of this segment in future.
Global re-sealable packaging bags market is expected to register a notable CAGR over the forecast period. Moreover, the global market is projected to grow on the back of factors such as rapid industrialization and increasing demand for more user friendly packaging solutions. The market of re-sealable packaging bags is likely to grow on the back of its advantages over other packaging methods such as it reduces waste, extends shelf life of product, and others.
The zippers segment by type is likely to grow at remarkable pace during the forecast period. Zippers are very user friendly and are suitable for almost every kind of packaging needs. Zipper bag is one the most adopted re-sealable packaging bags among industries. Owing to its fairly simple design and high level of convenience, the demand for zippers is increasing, which in turn expected to foster the growth of this segment in future.
Rising Environmental Concerns
Although, the world is going through a great urbanization, digitalization and industrialization transformation, such transformations have adverse impact on world environment. Due to this demand for eco-friendly products is rising at notable rate globally. Growing demand for eco-friendly solutions and environmental benefits of re-sealable packaging bags are expected to drive the growth of global re-sealable packaging bags market at a remarkable rate over the forecast period.
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Rapid urbanization in developing countries and increasing consumer base are likely to augment the growth of packaging industry in future. Further, rising disposable income and increasing consumption of end-use products is fuelling the growth of re-sealable packaging bags market all across the globe.
Although, alternatives of re-sealable packaging bags are hindering the growth of re-sealable packaging bags market across all regions.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key players of the global Re-sealable packaging bags market which includes company profiling of Polypouch (UK) Ltd., Mondi, Plus Packaging, Pacific Bag, FLEXICO, ZipPak, C-P Flexible Packaging, Universal Flexible Packaging Ltd., US Poly Pack and Tekpak Solutions. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global Re-sealable packaging bags market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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