Ziplock Products Market is Projected to Reach a Valuation of US$ 4.5 Billion by 2032, Says Future Market Insights

The ziplock products market is anticipated at US$ 2.2 Billion in 2022 and is projected to reach US$ 4.5 Billion by 2032, at a CAGR of ~7.5% from 2022 to 2032.

Ziplock products such as pouches and bags employ a simple ridge lock mechanism to seal the bags. These bags can be easily sealed and stored without any hassle. Due to their convenience, ziplock pouches and bags are gaining immense popularity in commercial and residential sectors. Further, end users in diverse sectors are using the ziplock bags for their products such as consumer goods, food, and others. As per the study, the food sector is considered to be the largest consumer of ziplock products.

To capitalize on the growing demand from a wide range of industries, ziplock products manufacturers are using innovative technology such as lamination and eco-friendly materials. As food items include food grade plastic films and laminates, manufacturers are using aluminium foils and metal sheets to increase rigidity and protect against external threats.

Plastic films infused with anti-bacterial agents serve to keep internal food products safe and extend shelf life. Ziplock bags are useful to store food products and to carry them around safely. In addition to food products, storing medicines, cloths, and using the small sized ziplock bags while cooking is also common and is a trending factor in the current market scenario.

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Plastic is used in the making of ziplock bags and pouches; hence, there are restrictions on manufacturing and use of plastic bags in some countries. There are chances that low quality plastic can react with food and cause poisoning. As there are some potential hazards to humans, the market might witness some restrictions.

Key Takeaways from the Ziplock Products Market Study

In terms of material, the plastic segment generated revenues worth US$ 340 Billion in 2021, owing to its higher number of applications in food packaging industry.
In terms of end use, the food industry is expected to create incremental growth opportunities in the ziplock products market.
China is expected to lead the growth in East Asia ziplock products over the forecast period.
Aluminium laminated ziplock bags are commonly used for snacks and powdered products.

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"Ziplock products such as bags and pouches are gaining immense traction as consumption of frozen food and ready-to-eat meals is surging. Hence, leading manufacturers are inventing in new designs and novel technologies to gain revenue." Says an FMI Analyst.

Who is winning?

Some key players in the ziplock products market are Bemis Company Inc., Uflex Ltd., Sealed Air Corporation, Winpak Ltd., Constantia Flexibles Group GmbH, Glenroy Inc., Huhtamaki Oyj, Sonoco Products Company, Clondalkin Group Holdings B.V., Ampac Holdings LLC, Flair Flexible Packaging Corporation, Asahi Kasei, Ziploc, Berry Global Inc., AE Adams (Henfield) Ltd., and Printpack Inc. among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the ziplock products market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the ziplock products market ziplock products market by product type (flat pouch and stand-up pouch), material (plastic, laminates, paper, and others), closure type (slider zip and press to close), and end use (food, personal care & cosmetics, pharmaceuticals, and others) across seven major regions.

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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

This release was published on openPR.