Bottom Seal Poly Bags Market To Make Great Impact In Near Future by 2017 - 2025
The global bottom seal poly bags market is expected to expand with a decent CAGR over the forecast period, in line with rising global consumption.
Bottom Seal Poly Bags Market: Drivers & Restraints
The major factors boosting the growth of Bottom Seal Poly Bags Market is rising disposable income which has led to increase in consumer power, and has directed the modern consumerism, which includes product packaging and the need to transport products safely with good control during handling. As Bottom Seal Poly Bags is a sure attention getter in the marketplace due to its front printed appearance, demand for the product due to its aesthetic look in another driver for the global bottom seal poly bags market. Apart from this, the customization Bottom Seal Poly Bags offers as per the packaging and handling needs is also an added advantage for various companies to adopt Bottom Seal Poly Bags for small to medium volume packs. Further, as the manufacturing process of Bottom Seal Poly Bags is very less time consuming, adoption by manufacturers is significantly high. Also, as bottom seal poly bags are reasonably priced, many startups are preferring them over other conventional packaging. Further as it allows more branding area or printing surface area, brand can be easily seen. Its characteristic light weight is another feature which enables companies to lower logistic and freight cost significantly. Thus cost effectiveness is another prime driver for adoption of Bottom Seal Poly Bags over the forecast period.
However, the rising voices regarding the environmental concerns of hydrocarbon based polythene bags is posing some restraint to the growth in the market, but this restraint is more active for the retail based application market.
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Bottom Seal Poly Bags Market: Market Segmentation
The Bottom Seal Poly Bags market is segmented into three parts based on type, application and end use industry:
Based on type, the Bottom Seal Poly Bags market is segmented into:
Bases on end use industry, the Bottom Seal Poly Bags market is segmented into
Automotive Components and Hardware
Food and Beverages
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Bottom Seal Poly Bags Market: Regional Outlook
Geographically, Bottom Seal Poly Bags market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. Asia Pacific Exc. Japan has been a global leader in Bottom Seal Poly Bags market, due to high demand for consumer goods, particularly in hardware products, automotive components, food, pharma or retail and regions existing high preference for polythene based products. The aesthetic look and safety features has led many North American and Western Europe based players to switch packaging of their normal products towards bottom seal poly bags packaging, Now a days, one can find applications of Bottom Seal Poly Bags in almost every area, and products carrying these packets can be seen in every super market store in North America. In Western Europe, many hardware, pharmaceutical and nutraceutical products have adopted Bottom Seal Poly Bags, thus, fuelling more demand for such packaging. Latin America is another prominent consumer market with a vast consuming population, also the products in the region often require long logistics and transportation efforts, thus heavy duty poly bags are gaining wide acceptance in the region. Thus pushing hardware, pharma and food product manufacturers in the region to adopt Bottom Seal Poly Bags for their small products. Middle East and African markets are also executing high adoption rate for bottom seal poly bags, amid high preference for plastic based packaging in the region
Bottom Seal Poly Bags Market: Key Players
Some of the players identified in Global Bottom Seal Poly Bags market are:-
Alpine Packaging Inc.
International Plastics Inc.
A-Pac Manufacturing Co., Inc.
POLYNOVA Industries Inc.
DelStar Technologies, Inc.
Johnson Plastic & Supply Co., Inc. (Distributor)
Shadow Plastics, Inc.
Jarrett Industries, Inc.
Golden Eagle Extrusions, Inc.
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