Zipper Pouch Demand To Improve By 4.2% In 2022 Reaching Volume Of 44.3 Billion Units

Newly released data by Future Market Insights (FMI), predicts the zipper pouch demand to improve by 4.2% in 2021 reaching volume of 44.3 billion units.

The overall valuation is expected to top US$ 2.1 billion in 2021, with the market continues exhibiting growth at a CAGR of 5.3% between 2021 and 2031. Rising in-store sales will remain a chief growth driver as consumers show greater keenness for competently packaged food items.

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While improvement is global sales is on cards, developed countries are expected to remain primary markets. Against this backdrop, FMI predicts demand in North America to surpass US$ 543.3 million in 2021. The U.S. will emerge as a highly lucrative pocket for sales within North America, exhibiting 4.1% year on year growth in the same year.

Zipper pouches are accepted worldwide because they are both re-sealable and re-usable. These products also offer strong barriers to external atmosphere and temperature fluctuations. Applications of zipper pouches in the pharmaceutical, cosmetics, and personal care industries are gaining traction.

Marketers and retailers are able leverage zipper pouches to fulfil demand for packaging aesthetics. Also, consumer convenience through clear packaging attributes is likely to fuel demand for the foreseeable future.

In recent years, manufacturing giants have shifted their focus on the use of recyclable raw materials such as polyethylene (PE), polyvinyl chloride (PVC) and polypropylene (PP). Improvements in machinery have enabled large scale production with minimal waste.

Largely, the zipper pouch market is projected to grow supported by the usage of sustainable materials and green practices by producers and end-use industries.

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Key Takeaways from the Zipper Pouch Market

Study Stand up zipper pouches account for more than 79% market value, owing to relative ease of use. In North America, the U.S. holds a market share of almost 89% in 2021, driven by a matured packaged food sector. The zipper pouch market in Germany is anticipated to exhibit a growth rate of 5% supported by the large-scale manufacturing sector of the country. India is a fast-growing market in APEJ, driven by a large consumer base and changing consumer food and beverage consumption trends. Zipper pouches are most widely used packaging various types of food products, as it holds almost 76% of market share in the year 2021.

“Expansion of the global zipper pouch market is largely driven by a surge in demand for packaged foods. The need to preserve food items and offer protection against harsh atmospheric conditions have aided developments in the industry. Most manufacturers are focusing eco-friendly raw materials and sustainable practices for producing making zipper pouches” says the FMI analyst.

Zipper Pouch Market Landscape

Key players contribute 20-30% of the global market. Market leaders are largely engaged in strategies to expand production capacity while investing in material innovations to improve on packaging barrier properties.

Berry Global Group, Amcor plc and Rengo Co. Ltd., Transcontinental Inc., C.I. Takiron Corporation and Novolex Holdings, LLC are some of the leading players in the zipper pouch market.

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Zipper Pouch Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the zipper pouch market, analyzing historical demand from 2012-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the zipper pouch market on the basis of product type (standup zipper pouch and flat zipper pouch), material type (plastic, aluminum laminates, paper, and others), end use (food, pharmaceuticals, cosmetics & personal care, and others) and the closure type (slider zip and press to close) across seven regions.