Bag Closures Market
Market Insights on Bag Closures covering sales outlook, demand forecast & up-to-date key trends
Bag Closures Market By Material (Plastic Bag Closures, Paper & Paperboard Bag Closures, Metal Bag Closures), Product (Bag Closure Clips, Bag Closure Pre-cut Twist Ties), Application (Bag Closures for Food, Bag Closures for Non-food Applications) & Region - Forecast 2022 - 2030
Bag Closures Market Outlook (2022-2030)
[208 Pages Report] Worldwide bag closure sales are valued at around US$ 205 Mn for 2022. The global bag closures market is poised to expand at 5.7% CAGR and reach US$ 311 Mn by the end of 2030.
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Bag Closures Market Size (2022) |
US$ 205 Mn |
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Revenue Forecast (2030) |
US$ 311 Mn |
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Global Market Growth Rate (2022-2030) |
5.7% CAGR |
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North America Market Share |
38.5% |
Consumers’ growing preference for reusable packaged foods has sparked a surge in demand for bag closures in recent years. Growing demand for bread and confessional products presents a significant potential opportunity for bag closure consumption growth over the coming years.
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Sales Analysis of Bag Closures (2015 to 2021) Vs Market Outlook (2022 to 2030)
The bag closures market expanded at a CAGR of 4.1% from 2015 to 2021. Demand for bag closures has risen dramatically in recent years. Bag closures and seals are regularly used packaging solutions for the packing and sealing of various sorts of bags.
Bag closures and seals are used for reclosing or sealing flexible bags made of less expensive materials with basic but effective designs. Bag seals and closures are commonly used in the food industry for baked goods, confectionery, powdered tea & coffee, and other products. Bag closure and seal manufacturers offer goods that can be used as a label or tag to display product and manufacturer information.
The global bag closures market is characterized by supply closure and seal products such as bread clips or bag closure clips, magnetic bag closures, coffee bag closures, magnetic purse closures, drawstring closures, snap bag closures, zip closures, flap bag closures, clasp bag closures, tote bag closures, bag fasteners, and more. Various bag closure types are available in the market. The weight and other physical parameters of bags determine the strength and material capacity of bag closures and seals.
Furthermore, bag closure demand is influenced by its visibility among the target client group. A product such as a bag closure was previously beyond the reach of retail customers, and it was only with the growth of organised retail that specialised and unique products such as bag closures began to emerge.
A wide range of items, including bag closures, have benefited from this transition. The evolution of e-Commerce platforms from buying points to shopping platforms is one underlying driver. As a result of the customers’ continued exploration and experimentation with new items, products such as bag closures have found their way into mainstream customer marketplaces.
Bag closure demand growth is predicted to progress at a CAGR of 5.7% from 2022 to 2030, with the global market expected to top a valuation of US$ 311 Mn by 2030. Moreover, throughout the forecast period, bag closure sales growth is likely to benefit from significant changes in lifestyle and major technological advancements and developments in these products.
What are the Key Trends Favouring Bag Closures Market Growth?
“Increasing Demand for Re-usable Packaged Food Products Will Drive Sales of Bag Closures & Seals, Especially Clips & Twist Ties”
Sales of bag closures are closely linked to the demand for reusable packaged food products, the most popular of which are bakery and confectionery items. Flexible packaging for bread processing is the most prominent end user of bread clips, which number in the millions daily. As sales of bakery products continue to reflect above-average consumption habits, demand for these bag clips is projected to hold steady.
In addition to bread, growing number of cafés and bakery chains around the world has increased demand for clips and twist ties, which are used to close coffee, tea, and other products effectively. Thus, sales of bag closures will keep increasing over the coming years.
“Availability of Wide Range of Bakery Products to Augment Demand for Bag Closures and Seals”
The introduction of a broad variety of bakery products for diet and health-conscious consumers, such as gluten-free and sugar-free, has also increased demand for bag closures. Thus, during the projection period, rising consumer base for baked and confectionery goods is expected to add to the sales of bag closures.
Furthermore, various government and non-government organisations are working to limit the use of plastic in packaging, which has raised awareness within the packaging and plastic industries.
On the plus side, this has resulted in a considerable increase in demand for twist ties and the use of paperboard in the manufacture of re-closures. Twist ties are predicted to be significantly more environmentally-friendly than plastic clips, and will aid in the efforts to eliminate single-use plastic.
“Increasing Fashion Trend among Working Women Driving Need & Sales of Bag Clasps and Closures”
The growing female workforce, combined with increased brand recognition, is fuelling global demand for handbags. Expanding availability of designer bags in various styles has raised the demand for handbags over the past several years.
On a worldwide scale, increased use of handbags among working-class women is projected to be a prominent trend. Rising demand for handbags is subsequently increasing the sales of bag clasps and closures.
Bag clasps and closures are available in different designs and sizes, and increase in the standard of living and rising fashion craze will propel demand for bag clasps and closures.
What’s Adversely Affecting the Sales of Bag Closures?
“Increasing Environmental Awareness & Easy Availability of Durable Substitutes to Hinder Market Growth”
During the projection period, easy availability of strong replacements and rising environmental concerns among people are projected to stifle bag closures market growth. Significant R&D expenditure on other cheaper products may also pose a threat to market expansion.
As the general public becomes more aware of environmental concerns as a result of various programmes on global warming, the population's thought process is shifting towards necessity over luxury, which can pose challenges to the market as fewer people are making multiple purchases and using the same products for longer periods.
Hence, consumption growth of bag closures might get hampered due to rising environmental awareness and the cheap availability of other durable substitutes.
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“North America to Hold Dominant Market Share through 2030”
The global bag closures market has been studied across North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA).
The North America bag closures market is set to account for the highest market share of around 38.5% in 2022. North America will continue to lead the bag closures market, as demand for frozen meats, bread, and other packaged foods is expected to stay strong throughout the forecast period.
The Europe bag closures market is expected to account for a market share of around 18.9%. Clips are likely to benefit from increased consumption of cereals for breakfast across Europe. These are mostly employed in home settings and are accessible for retail consumers at mom and pop retail establishments. Rising cost of coffee and tea has also driven demand for resealing closures to keep them from spoiling owing to moisture in the air.
The Latin America bag closures market will account for 9.7% of the global market share in 2022. Bag closure production in Latin America is keeping up with demand, but small and regular packaging companies are expanding their services to include bag closures.
The Asia Pacific bag closures market will account for 28% of the global market share in 2022. Plastic bags re-possibility has given the market a substantial consumer base in Asia Pacific. Clips and twist ties are now employed in a variety of industries to re-close flexible packaging solutions, such as those used in agriculture, food and beverages, and garbage disposal.
The bag closures market in MEA is expected to progress slower than other regions, but this is expected to change slightly towards the end of 2030. In 2022, the market in MEA accounts for 4.8% share of the global market.
Country-wise Analysis
What is Supporting Bag Closures Market Growth in China?
“Rising Food & Beverage Industry Driving Consumption of Bag Closures and Seals”
As demand for baked products rises, China will provide enormous potential, putting East Asia on the globe. Dietary changes and the substitution of bread and other sweet foods for traditional meals are likely to help this market grow.
Although China is recognised for being a tea-drinking country, coffee is gaining appeal, particularly among young Chinese customers. In China, the rising food and beverage industry will contribute significantly to demand growth of bag closures.
What’s Driving Bag Closure Sales in the United States?
“Rising Demand for Healthcare Products to Drive Sales of Bag Closures”
Prevalence of obesity and other health conditions has increased in the United States, igniting a renewed sense of health and fitness among the populace. Growing emphasis on health and fitness has boosted demand for healthy drinks, which is subsequently driving bag closure sales.
Other factors driving bag closure shipments in the United States include the presence of large beverage makers, high spending potential population, and rising demand for alcoholic beverages, spirits, healthy drinks, and RTD beverages.
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Category-wise Analysis
Which Material is Highly Favoured by Suppliers of Bag Closures?
“Biodegradability Quality of Paperboard Clips Dramatically Reduces Waste Caused by Plastic Clips”
Paperboard is projected to be a game-changing material, ushering in a new era in the global bag closures market. Its strong design and biodegradability are likely to make it a popular alternative to plastic in clip production. Paper fastener evolution has played a vital influence in reimagining the clips that are utilised for appropriate closure.
According to this study, the paperboard segment is expected to represent an incremental opportunity by 2030. While complete replacement of plastic in packaging is unlikely, usage of paperboard clips, a relatively small product, is expected to have a significant impact on the reduction in the accumulation of plastic trash.
COVID-19 Impact on Market
The COVID-19 pandemic stopped the world for a period of time. Various restrictions imposed by respective governments stopped the working of several industry verticals.
Supply chain disruptions led to the shortage of raw materials required for the manufacturing of bag closures and seals. Suppliers of bag closures were not able to fulfil their orders.
Overall, the COVID-19 pandemic harmed the bag closures industry. However, e-Commerce platform product sales increased, which led to rising need and sales of bag closures. The market is expected to return to its full potential by the end of 2022 and progress throughout the forecast period as the new normal has been adopted by all.
Competitive Landscape
The bag closures market is fragmented in nature with regional and global companies competing. Rise of regional companies and increasing investments in upstream applications are shaping the competitive landscape.
Leading bag closure manufacturers such as Kwik Lok Corporation, Schutte bag closures B.V., Bedford Industries Inc., Multi-Pack Solutions LLC, Plas-Ties Co., International Plastics Inc., AndFel Corp., Detmold Group, and GBE Product Packaging are included in this report.
Product launches, acquisitions, and partnerships are a part of the growth strategies of leading manufacturers of bag closures, all of which contribute to the global growth of the bag closures market.
Bag Closures Industry Report Scope
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Attribute |
Details |
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Forecast Period |
2022-2030 |
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Historical Data Available for |
2015-2021 |
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Market Analysis |
US$ Mn for Value |
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Key Regions Covered |
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Key Countries Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Pricing |
Available upon Request |
Key Segments of Bag Closures Industry Survey
Bag Closures Market by Material:
- Plastic Bag Closures
- Polyethylene (PE)
- Polypropylene (PP)
- Polystyrene (PS)
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Paper & Paperboard Bag Closures
- Metal Bag Closures
Bag Closures Market by Product:
- Bag Closure Clips
- Clip Bands
- Multi-clips
- Bag Closure Pre-cut Twist Ties
- Twist-bands/Twist-strips
- Tin Ties
Bag Closures Market by Application:
- Bag Closures for Food
- Bakery & Confectionery
- Fruits & Vegetables
- Meat
- Poultry & Seafood
- Ready-to-Eat Food
- Others (Tea, Coffee, etc.)
- Bag Closures for Non-food Applications
- Garbage / Trash
- Security Packaging
- Others (Toys, Stationery, etc.)
Bag Closures Market by Region:
- North America Bag Closures Market
- Latin America Bag Closures Market
- Europe Bag Closures Market
- East Asia Bag Closures Market
- South Asia & Pacific Bag Closures Market
- Middle East & Africa (MEA) Bag Closures Market
Frequently Asked Questions
The global bag closures market is estimated to progress at a CAGR of 5.7% through 2030.
The global market for bag closures is currently valued at around US$ 205 Mn, and is predicted to cross US$ 311 Mn by 2030.
Prominent bag closure manufacturers are Kwik Lok Corporation, Schutte Bagclosures B.V., Bedford Industries, Inc., Multipack B.V.B.A., International Plastics Inc., Inno Bag Closure, Truseal (Pty) Ltd., and Vikela Aluvin Pty Ltd.
The North America bag closures market currently holds 38.5% share in the global market.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Ease of Doing Business 2021 : Qualitative Indicators (key Countries)
4.1.1. Starting a Business
4.1.2. Dealing with Construction Permits
4.1.3. Getting Electricity
4.1.4. Getting Credit
4.1.5. Trading Across Borders
5. Global Bag Closure Clips Market Demand Analysis 2015-2021 and Forecast, 2022-2030
5.1. Historical Market Volume (‘000 Cases) Analysis, 2015-2021
5.2. Current and Future Market Volume (‘000 Cases) Projections, 2022-2030
5.3. Y-o-Y Growth Trend Analysis
6. Global Bag Closure Clips Market - Pricing Analysis
6.1. Regional Pricing Analysis By Product Type
6.2. Pricing Break-up
6.2.1. Manufacturer Level Pricing
6.2.2. Distributor Level Pricing
6.3. Global Average Pricing Analysis Benchmark
7. Global Bag Closure Clips Market Demand (in Value or Size in US$ Mn) Analysis 2015-2021 and Forecast, 2022-2030
7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021
7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2030
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.1.1. Global GDP Growth Outlook
8.1.2. Global Manufacturing Value Added Growth
8.1.3. Global Retail Sector Growth
8.2. Forecast Factors - Relevance & Impact
8.2.1. Global Rigid Packaging Market Growth
8.2.2. Global Food Packaging Market Growth
8.2.3. Global Pharmaceutical Packaging Market
8.2.4. Global FMCG Market Growth
8.2.5. Global Caps & Closures Market Growth
8.2.6. Global Plastic Industry Growth
8.3. Value Chain
8.3.1. Key Participants
8.3.1.1. List of Raw Material Suppliers
8.3.1.2. List of Bag Closure Clips Manufacturers
8.3.1.3. List of End Users
8.3.2. Profitability Margins
8.4. Cost Tear Down Analysis
8.5. Porters Analysis
8.6. Market Dynamics
8.6.1. Drivers
8.6.2. Restraints
8.6.3. Opportunity
8.6.4. Trends
9. Global Bag Closure Clips Market Analysis 2015-2021 and Forecast 2022-2030, by Material Type
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Material Type, 2015-2021
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Material Type, 2022-2030
9.3.1. Plastic
9.3.1.1. Polyethylene (PE)
9.3.1.2. Polypropylene (PP)
9.3.1.3. Polystyrene (PS)
9.3.1.4. Polyethylene Terephthalate (PET)
9.3.1.5. Polyvinyl Chloride (PVC)
9.3.2. Paper & Paperboard
9.3.3. Metal
9.4. Market Attractiveness Analysis By Material Type
10. Global Bag Closure Clips Market Analysis 2015-2021 and Forecast 2022-2030, By Product Type
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2015-2021
10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2022-2030
10.3.1. Clip
10.3.1.1. Clip Band
10.3.1.2. Multiclip
10.3.2. Pre-Cut Twist Ties
10.3.2.1. Twistband / Twiststrip
10.3.2.2. Tin Tie
10.4. Market Attractiveness Analysis By Product Type
11. Global Bag Closure Clips Market Analysis 2015-2021 and Forecast 2022-2030, By Application
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2015-2021
11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2022-2030
11.3.1. Food
11.3.1.1. Bakery & Confectionery
11.3.1.2. Fruits & Vegetables
11.3.1.3. Meat, Poultry & Seafood
11.3.1.4. Ready-to-eat Food
11.3.1.5. Others (Tea, Coffee, etc.)
11.3.2. Non-Food Applications
11.3.2.1. Garbage / Thrash
11.3.2.2. Security Packaging
11.3.2.3. Others (Toys, Stationery, etc.)
11.4. Market Attractiveness Analysis By Application
12. Global Bag Closure Clips Market Analysis 2015-2021 and Forecast 2022-2030, by Region
12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2015-2021
12.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2022-2030
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. Middle East and Africa (MEA)
12.3.5. East Asia
12.3.6. South Asia
12.3.7. Oceania
12.4. Market Attractiveness Analysis By Region
13. North America Bag Closure Clips Market Analysis 2015-2021 and Forecast 2022-2030
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2021
13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2030
13.4.1. By Country
13.4.1.1. U.S.
13.4.1.2. Canada
13.4.2. By Material Type
13.4.3. By Product Type
13.4.4. By Application
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Material Type
13.5.3. By Product Type
13.5.4. By Application
13.6. Key Market Participants - Intensity Mapping
13.7. Drivers and Restraints - Impact Analysis
14. Latin America Bag Closure Clips Market Analysis 2015-2021 and Forecast 2022-2030
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2021
14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2030
14.4.1. By Country
14.4.1.1. Brazil
14.4.1.2. Mexico
14.4.1.3. Argentina
14.4.1.4. Rest of Latin America
14.4.2. By Material Type
14.4.3. By Product Type
14.4.4. By Application
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Material Type
14.5.3. By Product Type
14.5.4. By Application
14.6. Key Market Participants - Intensity Mapping
14.7. Drivers and Restraints - Impact Analysis
15. Europe Bag Closure Clips Market Analysis 2015-2021 and Forecast 2022-2030
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2021
15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2030
15.4.1. By Country
15.4.1.1. Germany
15.4.1.2. Italy
15.4.1.3. France
15.4.1.4. U.K.
15.4.1.5. Spain
15.4.1.6. BENELUX
15.4.1.7. Nordic
15.4.1.8. Russia
15.4.1.9. Poland
15.4.1.10. Rest of Europe
15.4.2. By Material Type
15.4.3. By Product Type
15.4.4. By Application
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Material Type
15.5.3. By Product Type
15.5.4. By Application
15.6. Key Market Participants - Intensity Mapping
15.7. Drivers and Restraints - Impact Analysis
16. South Asia Bag Closure Clips Market Analysis 2015-2021 and Forecast 2022-2030
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2021
16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2030
16.4.1. By Country
16.4.1.1. India
16.4.1.2. Thailand
16.4.1.3. Indonesia
16.4.1.4. Malaysia
16.4.1.5. Rest of South Asia
16.4.2. By Material Type
16.4.3. By Product Type
16.4.4. By Application
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Material Type
16.5.3. By Product Type
16.5.4. By Application
16.6. Key Market Participants - Intensity Mapping
16.7. Drivers and Restraints - Impact Analysis
17. East Asia Bag Closure Clips Market Analysis 2015-2021 and Forecast 2022-2030
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2021
17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2030
17.4.1. By Country
17.4.1.1. China
17.4.1.2. Japan
17.4.1.3. South Korea
17.4.2. By Material Type
17.4.3. By Product Type
17.4.4. By Application
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Material Type
17.5.3. By Product Type
17.5.4. By Application
17.6. Key Market Participants - Intensity Mapping
17.7. Drivers and Restraints - Impact Analysis
18. Oceania Bag Closure Clips Market Analysis 2015-2021 and Forecast 2022-2030
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2021
18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2030
18.4.1. By Country
18.4.1.1. Australia
18.4.1.2. New Zealand
18.4.2. By Material Type
18.4.3. By Product Type
18.4.4. By Application
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Material Type
18.5.3. By Product Type
18.5.4. By Application
18.6. Key Market Participants - Intensity Mapping
18.7. Drivers and Restraints - Impact Analysis
19. Middle East and Africa Bag Closure Clips Market Analysis 2015-2021 and Forecast 2022-2030
19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2021
19.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2030
19.4.1. By Country
19.4.1.1. GCC Countries
19.4.1.2. Turkey
19.4.1.3. Northern Africa
19.4.1.4. South Africa
19.4.1.5. Rest of Middle East and Africa
19.4.2. By Material Type
19.4.3. By Product Type
19.4.4. By Application
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Material Type
19.5.3. By Product Type
19.5.4. By Application
19.6. Key Market Participants - Intensity Mapping
19.7. Drivers and Restraints - Impact Analysis
20. Emerging Countries Bag Closure Clips Market Analysis 2015-2021 and Forecast 2022-2030
20.1. Introduction
20.1.1. Market Value Proportion Analysis, By Key Countries
20.1.2. Global Vs. Country Growth Comparison
20.2. China Bag Closure Clips Market Analysis
20.2.1. Introduction
20.2.2. Market Value Proportion Analysis by Market Taxonomy
20.2.3. Market Volume (‘000 Cases) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
20.2.3.1. By Material Type
20.2.3.2. By Product Type
20.2.3.3. By Application
20.3. India Bag Closure Clips Market Analysis
20.3.1. Introduction
20.3.2. Market Value Proportion Analysis by Market Taxonomy
20.3.3. Market Volume (‘000 Cases) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
20.3.3.1. By Material Type
20.3.3.2. By Product Type
20.3.3.3. By Application
20.4. Mexico Bag Closure Clips Market Analysis
20.4.1. Introduction
20.4.2. Market Value Proportion Analysis by Market Taxonomy
20.4.3. Market Volume (‘000 Cases) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
20.4.3.1. By Material Type
20.4.3.2. By Product Type
20.4.3.3. By Application
21. Market Structure Analysis
21.1. Market Analysis by Tier of Companies (Bag Closure Clips)
21.2. Market Concentration
21.3. Market Share Analysis of Top Players
21.4. Market Presence Analysis
21.4.1. By Regional footprint of Players
21.4.2. Product foot print by Players
21.4.3. Channel Foot Print by Players
22. Competition Analysis
22.1. Competition Dashboard
22.2. Pricing Analysis by Competition
22.3. Competition Benchmarking
22.4. Competition Deep Dive
22.4.1. Kwik Lok Corporation
22.4.1.1. Overview
22.4.1.2. Product Portfolio
22.4.1.3. Profitability by Market Segments (Product/Channel/Region)
22.4.1.4. Sales Footprint
22.4.1.5. Strategy Overview
22.4.1.5.1. Marketing Strategy
22.4.1.5.2. Product Strategy
22.4.1.5.3. Channel Strategy
22.4.2. Schutte bagclosures B.V
22.4.2.1. Overview
22.4.2.2. Product Portfolio
22.4.2.3. Profitability by Market Segments (Product/Channel/Region)
22.4.2.4. Sales Footprint
22.4.2.5. Strategy Overview
22.4.2.5.1. Marketing Strategy
22.4.2.5.2. Product Strategy
22.4.2.5.3. Channel Strategy.
22.4.3. Bedford Industries Inc.
22.4.3.1. Overview
22.4.3.2. Product Portfolio
22.4.3.3. Profitability by Market Segments (Product/Channel/Region)
22.4.3.4. Sales Footprint
22.4.3.5. Strategy Overview
22.4.3.5.1. Marketing Strategy
22.4.3.5.2. Product Strategy
22.4.3.5.3. Channel Strategy.
22.4.4. Multipack B.V.B.A.
22.4.4.1. Overview
22.4.4.2. Product Portfolio
22.4.4.3. Profitability by Market Segments (Product/Channel/Region)
22.4.4.4. Sales Footprint
22.4.4.5. Strategy Overview
22.4.4.5.1. Marketing Strategy
22.4.4.5.2. Product Strategy
22.4.4.5.3. Channel Strategy.
22.4.5. Plas-Ties, Co.
22.4.5.1. Overview
22.4.5.2. Product Portfolio
22.4.5.3. Profitability by Market Segments (Product/Channel/Region)
22.4.5.4. Sales Footprint
22.4.5.5. Strategy Overview
22.4.5.5.1. Marketing Strategy
22.4.5.5.2. Product Strategy
22.4.5.5.3. Channel Strategy.
22.4.6. T & T Industries Inc.
22.4.6.1. Overview
22.4.6.2. Product Portfolio
22.4.6.3. Profitability by Market Segments (Product/Channel/Region)
22.4.6.4. Sales Footprint
22.4.6.5. Strategy Overview
22.4.6.5.1. Marketing Strategy
22.4.6.5.2. Product Strategy
22.4.6.5.3. Channel Strategy.
22.4.7. Zhenjiang Hongda Commodity Co.Ltd.
22.4.7.1. Overview
22.4.7.2. Product Portfolio
22.4.7.3. Profitability by Market Segments (Product/Channel/Region)
22.4.7.4. Sales Footprint
22.4.7.5. Strategy Overview
22.4.7.5.1. Marketing Strategy
22.4.7.5.2. Product Strategy
22.4.7.5.3. Channel Strategy.
22.4.8. International Plastics Inc.
22.4.8.1. Overview
22.4.8.2. Product Portfolio
22.4.8.3. Profitability by Market Segments (Product/Channel/Region)
22.4.8.4. Sales Footprint
22.4.8.5. Strategy Overview
22.4.8.5.1. Marketing Strategy
22.4.8.5.2. Product Strategy
22.4.8.5.3. Channel Strategy.
22.4.9. AndFel Corporation
22.4.9.1. Overview
22.4.9.2. Product Portfolio
22.4.9.3. Profitability by Market Segments (Product/Channel/Region)
22.4.9.4. Sales Footprint
22.4.9.5. Strategy Overview
22.4.9.5.1. Marketing Strategy
22.4.9.5.2. Product Strategy
22.4.9.5.3. Channel Strategy.
22.4.10. Inno Bag Closures
22.4.10.1. Overview
22.4.10.2. Product Portfolio
22.4.10.3. Profitability by Market Segments (Product/Channel/Region)
22.4.10.4. Sales Footprint
22.4.10.5. Strategy Overview
22.4.10.5.1. Marketing Strategy
22.4.10.5.2. Product Strategy
22.4.10.5.3. Channel Strategy.
22.4.11. Detmold Group
22.4.11.1. Overview
22.4.11.2. Product Portfolio
22.4.11.3. Profitability by Market Segments (Product/Channel/Region)
22.4.11.4. Sales Footprint
22.4.11.5. Strategy Overview
22.4.11.5.1. Marketing Strategy
22.4.11.5.2. Product Strategy
22.4.11.5.3. Channel Strategy.
22.4.12. Petersens Plastics
22.4.12.1. Overview
22.4.12.2. Product Portfolio
22.4.12.3. Profitability by Market Segments (Product/Channel/Region)
22.4.12.4. Sales Footprint
22.4.12.5. Strategy Overview
22.4.12.5.1. Marketing Strategy
22.4.12.5.2. Product Strategy
22.4.12.5.3. Channel Strategy.
22.4.13. GBE Packaging
22.4.13.1. Overview
22.4.13.2. Product Portfolio
22.4.13.3. Profitability by Market Segments (Product/Channel/Region)
22.4.13.4. Sales Footprint
22.4.13.5. Strategy Overview
22.4.13.5.1. Marketing Strategy
22.4.13.5.2. Product Strategy
22.4.13.5.3. Channel Strategy.
22.4.14. A.Rifkin Co.
22.4.14.1. Overview
22.4.14.2. Product Portfolio
22.4.14.3. Profitability by Market Segments (Product/Channel/Region)
22.4.14.4. Sales Footprint
22.4.14.5. Strategy Overview
22.4.14.5.1. Marketing Strategy
22.4.14.5.2. Product Strategy
22.4.14.5.3. Channel Strategy.
22.4.15. TruSeal Pty Ltd.
22.4.15.1. Overview
22.4.15.2. Product Portfolio
22.4.15.3. Profitability by Market Segments (Product/Channel/Region)
22.4.15.4. Sales Footprint
22.4.15.5. Strategy Overview
22.4.15.5.1. Marketing Strategy
22.4.15.5.2. Product Strategy
22.4.15.5.3. Channel Strategy.
22.4.16. HSA International Group
22.4.16.1. Overview
22.4.16.2. Product Portfolio
22.4.16.3. Profitability by Market Segments (Product/Channel/Region)
22.4.16.4. Sales Footprint
22.4.16.5. Strategy Overview
22.4.16.5.1. Marketing Strategy
22.4.16.5.2. Product Strategy
22.4.16.5.3. Channel Strategy.
22.4.17. ITW Envopak Limited
22.4.17.1. Overview
22.4.17.2. Product Portfolio
22.4.17.3. Profitability by Market Segments (Product/Channel/Region)
22.4.17.4. Sales Footprint
22.4.17.5. Strategy Overview
22.4.17.5.1. Marketing Strategy
22.4.17.5.2. Product Strategy
22.4.17.5.3. Channel Strategy.
22.4.18. Vikela Aluvin Pty Ltd
22.4.18.1. Overview
22.4.18.2. Product Portfolio
22.4.18.3. Profitability by Market Segments (Product/Channel/Region)
22.4.18.4. Sales Footprint
22.4.18.5. Strategy Overview
22.4.18.5.1. Marketing Strategy
22.4.18.5.2. Product Strategy
22.4.18.5.3. Channel Strategy.
22.4.19. Versapak International Ltd
22.4.19.1. Overview
22.4.19.2. Product Portfolio
22.4.19.3. Profitability by Market Segments (Product/Channel/Region)
22.4.19.4. Sales Footprint
22.4.19.5. Strategy Overview
22.4.19.5.1. Marketing Strategy
22.4.19.5.2. Product Strategy
22.4.19.5.3. Channel Strategy.
22.4.20. Euroseal A.S.
22.4.20.1. Overview
22.4.20.2. Product Portfolio
22.4.20.3. Profitability by Market Segments (Product/Channel/Region)
22.4.20.4. Sales Footprint
22.4.20.5. Strategy Overview
22.4.20.5.1. Marketing Strategy
22.4.20.5.2. Product Strategy
22.4.20.5.3. Channel Strategy.
23. Assumptions and Acronyms Used
24. Research Methodology
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List of Tables
Table 01: Global Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Product Type, 2022-2030
Table 02: Global Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Material Type, 2022-2030
Table 03: Global Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Applications, 2022-2030
Table 04: Global Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Region, 2022-2030
Table 05: North America Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Country, 2022-2030
Table 06: North America Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Product Type, 2022-2030
Table 07: North America Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Material Type, 2022-2030
Table 08: North America Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Applications, 2022-2030
Table 09: Latin America Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Country, 2022-2030
Table 10: Latin America Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Product Type, 2022-2030
Table 11: Latin America Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Material Type, 2022-2030
Table 12: Latin America Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Applications, 2022-2030
Table 13: Europe Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Country, 2022-2030
Table 14: Europe Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Product Type, 2022-2030
Table 15: Europe Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Material Type, 2022-2030
Table 16: Europe Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Applications, 2022-2030
Table 17: East Asia Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Country, 2022-2030
Table 18: East Asia Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Product Type, 2022-2030
Table 19: East Asia Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Material Type, 2022-2030
Table 20: East Asia Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Applications, 2022-2030
Table 21: South Asia Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Country, 2022-2030
Table 22: South Asia Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Product Type, 2022-2030
Table 23: South Asia Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Material Type, 2022-2030
Table 24: South Asia Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Applications, 2022-2030
Table 25: Oceania Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Country, 2022-2030
Table 26: Oceania Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Product Type, 2022-2030
Table 27: Oceania Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Material Type, 2022-2030
Table 28: Oceania Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Applications, 2022-2030
Table 29: MEA Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Country, 2022-2030
Table 30: MEA Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Product Type, 2022-2030
Table 31: MEA Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Material Type, 2022-2030
Table 32: MEA Bag Closure Market Value (US$ Mn) and Volume (‘000 Cases) Forecast, by Applications, 2022-2030
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Figure 01: Global Bag Closure Market Share Analysis, by Product, 2015(H), 2022(E) & 2030(F)
Figure 02: Global Bag Closure Market Attractiveness Index, by Product, 2022(E) – 2030(F)
Figure 03: Global Bag Closure Market Share Analysis, by Material, 2015(H), 2022(E) & 2030(F)
Figure 04: Global Bag Closure Market Attractiveness Index, by Material, 2022(E) – 2030(F)
Figure 05: Global Bag Closure Market Share Analysis, by Applications, 2015(H), 2022(E) & 2030(F)
Figure 06: Global Bag Closure Market Attractiveness Index, by Applications, 2022(E) – 2030(F)
Figure 07: Global Bag Closure Market Share Analysis, by Region, 2015(H), 2022(E) & 2030(F)
Figure 08: Global Bag Closure Market Attractiveness Index, by Region 2022(E) – 2030(F)
Figure 09: North America Bag Closure Market Share Analysis, by Country, 2022(E) & 2030(F)
Figure 10: North America Bag Closure Market Y-o-Y Growth, by Country, 2015(A)-2030(F)
Figure 11: North America Bag Closure Market Attractiveness Index, by Country, 2022(E) – 2030(F)
Figure 12: North America Bag Closure Market Share Analysis, by Product Type, 2022(E) & 2030(F)
Figure 13: North America Bag Closure Market Y-o-Y Growth, by Product Type, 2015(A)-2030(F)
Figure 14: North America Bag Closure Market Attractiveness Index, by Product Type, 2022(E) – 2030(F)
Figure 15: North America Bag Closure Market Share Analysis, by Material Type, 2022(E) & 2030(F)
Figure 16: North America Bag Closure Market Y-o-Y Growth, by Material Type, 2015(A)-2030(F)
Figure 17: North America Bag Closure Market Attractiveness Index, by Material Type, 2022(E) – 2030(F)
Figure 18: North America Bag Closure Market Share Analysis, by Applications, 2022(E) & 2029F)
Figure 19: North America Bag Closure Market Y-o-Y Growth, by Packaging End Use, 2015(A)-2030(F)
Figure 20: North America Bag Closure Market Attractiveness Index, by Applications, 2022(E) – 2030(F)
Figure 21: Latin America Bag Closure Market Share Analysis, by Country, 2022(E) & 2030(F)
Figure 22: Latin America Bag Closure Market Y-o-Y Growth, by Country, 2015(A)-2030(F)
Figure 23: Latin America Bag Closure Market Attractiveness Index, by Country, 2022(E) – 2030(F)
Figure 24: Latin America Bag Closure Market Share Analysis, by Product Type, 2022(E) & 2030(F)
Figure 25: Latin America Bag Closure Market Y-o-Y Growth, by Product Type, 2015(A)-2030(F)
Figure 26: Latin America Bag Closure Market Attractiveness Index, by Product Type, 2022(E) – 2030(F)
Figure 27: Latin America Bag Closure Market Share Analysis, by Material Type, 2022(E) & 2030(F)
Figure 28: Latin America Bag Closure Market Y-o-Y Growth, by Material Type, 2015(A)-2030(F)
Figure 29: Latin America Bag Closure Market Attractiveness Index, by Material Type, 2022(E) – 2030(F)
Figure 30: Latin America Bag Closure Market Share Analysis, by Applications, 2022(E) & 2029F)
Figure 31: Latin America Bag Closure Market Y-o-Y Growth, by Packaging End Use, 2015(A)-2030(F)
Figure 32: Latin America Bag Closure Market Attractiveness Index, by Applications, 2022(E) – 2030(F)
Figure 33: Europe Bag Closure Market Share Analysis, by Country, 2022(E) & 2030(F)
Figure 34: Europe Bag Closure Market Y-o-Y Growth, by Country, 2015(A)-2030(F)
Figure 35: Europe Bag Closure Market Attractiveness Index, by Country, 2022(E) – 2030(F)
Figure 36: Europe Bag Closure Market Share Analysis, by Product Type, 2022(E) & 2030(F)
Figure 37: Europe Bag Closure Market Y-o-Y Growth, by Product Type, 2015(A)-2030(F)
Figure 38: Europe Bag Closure Market Attractiveness Index, by Product Type, 2022(E) – 2030(F)
Figure 39: Europe Bag Closure Market Share Analysis, by Material Type, 2022(E) & 2030(F)
Figure 40: Europe Bag Closure Market Y-o-Y Growth, by Material Type, 2015(A)-2030(F)
Figure 41: Europe Bag Closure Market Attractiveness Index, by Material Type, 2022(E) – 2030(F)
Figure 42: Europe Bag Closure Market Share Analysis, by Applications, 2022(E) & 2029F)
Figure 43: Europe Bag Closure Market Y-o-Y Growth, by Packaging End Use, 2015(A)-2030(F)
Figure 44: Europe Bag Closure Market Attractiveness Index, by Applications, 2022(E) – 2030(F)
Figure 45: East Asia Bag Closure Market Share Analysis, by Country, 2022(E) & 2030(F)
Figure 46: East Asia Bag Closure Market Y-o-Y Growth, by Country, 2015(A)-2030(F)
Figure 47: East Asia Bag Closure Market Attractiveness Index, by Country, 2022(E) – 2030(F)
Figure 48: East Asia Bag Closure Market Share Analysis, by Product Type, 2022(E) & 2030(F)
Figure 49: East Asia Bag Closure Market Y-o-Y Growth, by Product Type, 2015(A)-2030(F)
Figure 50: East Asia Bag Closure Market Attractiveness Index, by Product Type, 2022(E) – 2030(F)
Figure 51: East Asia Bag Closure Market Share Analysis, by Material Type, 2022(E) & 2030(F)
Figure 52: East Asia Bag Closure Market Y-o-Y Growth, by Material Type, 2015(A)-2030(F)
Figure 53: East Asia Bag Closure Market Attractiveness Index, by Material Type, 2022(E) – 2030(F)
Figure 54: East Asia Bag Closure Market Share Analysis, by Applications, 2022(E) & 2029F)
Figure 55: East Asia Bag Closure Market Y-o-Y Growth, by Packaging End Use, 2015(A)-2030(F)
Figure 56: East Asia Bag Closure Market Attractiveness Index, by Applications, 2022(E) – 2030(F)
Figure 57: South Asia Bag Closure Market Share Analysis, by Country, 2022(E) & 2030(F)
Figure 58: South Asia Bag Closure Market Y-o-Y Growth, by Country, 2015(A)-2030(F)
Figure 59: South Asia Bag Closure Market Attractiveness Index, by Country, 2022(E) – 2030(F)
Figure 60: South Asia Bag Closure Market Share Analysis, by Product Type, 2022(E) & 2030(F)
Figure 61: South Asia Bag Closure Market Y-o-Y Growth, by Product Type, 2015(A)-2030(F)
Figure 62: South Asia Bag Closure Market Attractiveness Index, by Product Type, 2022(E) – 2030(F)
Figure 63: South Asia Bag Closure Market Share Analysis, by Material Type, 2022(E) & 2030(F)
Figure 64: South Asia Bag Closure Market Y-o-Y Growth, by Material Type, 2015(A)-2030(F)
Figure 65: South Asia Bag Closure Market Attractiveness Index, by Material Type, 2022(E) – 2030(F)
Figure 66: South Asia Bag Closure Market Share Analysis, by Applications, 2022(E) & 2029F)
Figure 67: South Asia Bag Closure Market Y-o-Y Growth, by Packaging End Use, 2015(A)-2030(F)
Figure 68: South Asia Bag Closure Market Attractiveness Index, by Applications, 2022(E) – 2030(F)
Figure 69: Oceania Bag Closure Market Share Analysis, by Country, 2022(E) & 2030(F)
Figure 70: Oceania Bag Closure Market Y-o-Y Growth, by Country, 2015(A)-2030(F)
Figure 71: Oceania Bag Closure Market Attractiveness Index, by Country, 2022(E) – 2030(F)
Figure 72: Oceania Bag Closure Market Share Analysis, by Product Type, 2022(E) & 2030(F)
Figure 73: Oceania Bag Closure Market Y-o-Y Growth, by Product Type, 2015(A)-2030(F)
Figure 74: Oceania Bag Closure Market Attractiveness Index, by Product Type, 2022(E) – 2030(F)
Figure 75: Oceania Bag Closure Market Share Analysis, by Material Type, 2022(E) & 2030(F)
Figure 76: Oceania Bag Closure Market Y-o-Y Growth, by Material Type, 2015(A)-2030(F)
Figure 77: Oceania Bag Closure Market Attractiveness Index, by Material Type, 2022(E) – 2030(F)
Figure 78: Oceania Bag Closure Market Share Analysis, by Applications, 2022(E) & 2029F)
Figure 79: Oceania Bag Closure Market Y-o-Y Growth, by Packaging End Use, 2015(A)-2030(F)
Figure 80: Oceania Bag Closure Market Attractiveness Index, by Applications, 2022(E) – 2030(F)
Figure 81: MEA Bag Closure Market Share Analysis, by Country, 2022(E) & 2030(F)
Figure 82: MEA Bag Closure Market Y-o-Y Growth, by Country, 2015(A)-2030(F)
Figure 83: MEA Bag Closure Market Attractiveness Index, by Country, 2022(E) – 2030(F)
Figure 84: MEA Bag Closure Market Share Analysis, by Product Type, 2022(E) & 2030(F)
Figure 85: MEA Bag Closure Market Y-o-Y Growth, by Product Type, 2015(A)-2030(F)
Figure 86: MEA Bag Closure Market Attractiveness Index, by Product Type, 2022(E) – 2030(F)
Figure 87: MEA Bag Closure Market Share Analysis, by Material Type, 2022(E) & 2030(F)
Figure 88: MEA Bag Closure Market Y-o-Y Growth, by Material Type, 2015(A)-2030(F)
Figure 89: MEA Bag Closure Market Attractiveness Index, by Material Type, 2022(E) – 2030(F)
Figure 90: MEA Bag Closure Market Share Analysis, by Applications, 2022(E) & 2029F)
Figure 91: MEA Bag Closure Market Y-o-Y Growth, by Packaging End Use, 2015(A)-2030(F)
Figure 92: MEA Bag Closure Market Attractiveness Index, by Applications, 2022(E) – 2030(F)
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