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Global Bag closures and seals Market Size & Share, Growth, Trends and Forecast 2017 - 2027
The objectives of this study are as follows:
To define, describe, and forecast the "Bag closures and seals" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Global Bag closures and seals Market: Introduction
The global packaging market is characterized by product innovation that facilitates ease and convenience in dispensing, usage and disposal of consumer goods. Bag closures and seals are packaging solutions made of cheaper materials with simple yet effective designs for reclosing or sealing of flexible bags. Bag closures and seals are widely used for food applications for sealing products such as baked foods, confectionery, powdered tea and coffee, etc. Manufacturers of bag closures and seals supply products that have additional functionality of acting as a label or a tag to display product and manufacturers’ information.
Global Bag closures and seals Market: Segmentation
The global bag closures and seals market is segmented by product type, by material type and by end use
As per product type the global bag closures and seals market is segmented as follows:
Pull tight seals
Fixed length seals
Bag Closure Clips (Bread Clips)
Others
As per material type, the global bag closures and seals market is segmented as follows:
PET
Polypropylene
Polystyrene
Paperboard
Polyethylene
As per end use, the global bag closures and seals market is segmented as follows:
Food
Sliced Breads
Baked Foods
Confectionery
Snacks
Other Food Products
Pharmaceutical
Medical Devices
Stationery
Others
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Global Bag closures and seals Market: Market Dynamics
Advancement and innovation in the global flexible packaging market is the key driving factor for the global bag closures and seals market. Extensive scope of application of bags across end use segments is expected to generate revenue opportunities for manufacturers of bag closures and seals. The global bag closures and seals market is characterized by supply closure and seal products such as pull tight seals, fixed length seals and bread clips or bag closure clips popularly used for bread bags. Bread clips or bag closure clips have emerged in recent times as a significant product segment in the global bag closures and seals market. Traditionally used to pack sliced bread products, the bread clip packaging closure solution has emerged as one of the most popular consumer market packaging products over the years.
Bag closures are available in wide range of solutions for different application needs. The strength and material capability of bag closures and seals depends on the weight and other physical dimensions of bags. Closures and seals are available for all variety of bags including laminate bags, twist grade bags, paper bags, plastic bags, etc. Most of bag closures and seal are also printed with single or double line information. Hardcover bag closures are also capable of being coded with serial number for tracking consumer products.
Pull tight seals and fixed length seals are comparatively modern products segments with extensive applications. Pull tight seals for bags are expected to emerge as fast growing product segment due to wide range of functionality and flexibility in usage. Manufacturers of pull tight seals for bags supply plastic pull tight seals in variety of sizes depending on physical dimensions of the bag. This allows pull tight seals for bags to be applied in a flexible manner.
Global Bag closures and seals Market: Regional Outlook
The global bag closures and seals market is segmented into 7 key regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific Excluding Japan (APEJ) and Japan.
Global Magnifier labels Market: Competitive Landscape
Some of the players operating in the global bag closures and seals market include Kwik Lok Corporation, Orfix International GmbH, Multipack B.V.B.A. - S.P.R.L., Acme Seals (Malaysia) Sdn Bhd, Novoflex Marketing (P) Ltd, and Zhenjiang Hongda Commodity Co., Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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