Pre-zippered Pouches Market Outlook
The global Pre-zippered pouches market is projected to have a rapid-paced CAGR of 8.1% during the forecast period. The current valuation of the market is US$ 29,214.02 Million in 2022. The market value of the Pre-zippered pouches market is anticipated to reach a high of US$ 63,657.21 Million by the year 2032.
The Pre-zippered pouches market is most likely to witness an unprecedented surge in the coming years, as per the analysis of Future Market Insights. There has been a steady growth of the global Pre-zippered pouches market over the past few years owing to the considerable rise in the number of modern retail setups like hypermarkets, supermarkets, and convenience shops, which is fueling the usage of Pre-zippered pouches on a large scale.
The manufacturers in the Pre-zippered pouches market are making continuous efforts to equip the products with new and advanced features with keen attention to durability and lightweight. They are indulging in collaborations and, mergers & acquisitions to facilitate the consumers with premium quality and compact products that would lead to more adoption and bolster the market growth of Pre-zippered pouches.
The industry is concentrated with the top few players and is characterized by continuous developments, a diversified product portfolio, and an increasing regional presence. Acquisition and new product development are some key strategies adopted by the industry players to increase their revenue share as well as improve their value chain integration.
The expert analysts at FMI have revealed that the key players are engrossed in curating products that have an easy opening, portability, reliability, and single-handed use. They manufacture products of two types: transparent and semi-transparent, which comprehend the changing lifestyle of customers in diverse regions. Preference for flexible packaging is unravelling new growth opportunities for the key players in the Pre-zippered pouches market.
They are also receiving government grants for several research and development activities to better the quality of the products that can keep the products purchased fresh for a longer period of time, have a high barrier and low contamination, and keeps the products completely sealed off from the environment.
The marketers and producers of fast-moving consumer goods have increased their focus on offering hassle-free packaging solutions, which are further fueling the growth of the Pre-zippered pouches market, and it is expected that the forum is likely to have significant growth during the forecast period.
Pre-zippered Pouches Market Value (2022)
US$ 29,214.02 Million
Pre-zippered Pouches Market Anticipated Value (2032)
US$ 63,657.21 Million
Pre-zippered Pouches Projected Growth Rate (2022-2032)
Government Regulations to Emerge as Roadblock in the Way of Growth
Pre-zippered pouches are pouches, which are created from pre applied zippered packaging films, which are equipped with a transverse reclosable zipper. This zipper provides a barrier to prevent water or stringent moisture from entering the pouch, and thus, preserves the flavor and freshness of the product. Pre-zippered pouches can be used for both barrier and non-barrier packaging applications.
With pre-zippered pouches, there is a flexibility to use regular and reclosable bags without any additional expenditure on manufacturing reclosable packages or pouches. The pre-zippered pouches market is growing efficiently because of its features such as, enhanced sustainability of the content, thereby improving user experience.
Pre-zippered pouches are also able to maintain the product design similar to conventional pouches. Pre-zippered pouches are mainly used for dry food, frozen foods, confections, pet food, garden products and others. Pre-zippered pouches are more economic than applying re-sealable fastening inline on conventional pouches.
Pre-zippered pouches also assist in extension of shelf life of products, which in turn helps in developing the global pre-zippered pouches market. Due to strict government regulations, regarding the usage of plastics and low recyclability of pre-zippered pouches, growth of the global pre-zippered pouches market might be hampered.
Pre-zippered pouches fulfil all the norms that a primarily packaged product is expected to satisfy. Some attributes such as portability, easy opening and reclosability drive the global pre-zippered pouches market.
Pre-zippered Pouches market: Dynamics
Due to availability of the attribute “press-to-close”, pre-zippered pouches gains popularity among the consumers, as this attribute provides ease of use. Pre-zippered pouches require pre-zippered film for its manufacturing and is an ideal tool for companies planning to make shift from traditional or conventional packaging to reclosable packaging without any high expenditure or lag time.
Pre-zippered pouch manufacturing requires the same equipment as is required for other flexible roll stock. This factor boosts the pre-zippered pouches market because the manufacturer can easily shift from traditional packaging to reclosable pouches without replacing the equipment.
Pre-zippered pouches offers all the benefits of the zippered pouches and are more beneficial than other reclosable packaging solutions. One restraint of pre-zippered pouches is that zippers of pre-zippered films add bulk and thus prevent the films from rolling tightly, unlike conventional rolls. Among all other techniques of reclosable and flexible plastic packaging, pre-zippered film is the best one.
Manufacturing of pre-zippered pouches provides a saving of up to 25% in zipper material and no increase in set-up time, as compared to manufacturing of zippered pouches. The pre-zippered pouches market are anticipated to emerge as a tough competitor for the zippered pouches market due to its attributes.
Pre-zippered Pouches market: Geographical Outlook
The global pre-zippered pouches market has been divided into seven regions as follows –
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Middle East & Africa (MEA)
Due to increasing number of middle class customers in the region, Asia Pacific is anticipated to witness significant growth in the global pre-zippered pouches market over the forecast period.
European and North American pre zippered pouches market is also expected to increase at a healthy pace, owing to high demand for flexible packaging solutions in the food & beverages and cosmetics industries. The Latin America pre-zippered pouches market is expected to experience a similar growth trend as the Asia Pacific pre-zippered pouches market.
Pre-zippered Pouches market: Key Players
Global pre-zippered pouches market is currently in growth phase, with time, more market players are anticipated to emerge. Some of the players operating in pre-zippered pouches market are– FLAIR Flexible Packaging Corporation, Uflex Ltd and Eagle Flexible Packaging.
Regional analysis includes
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Pre-zippered Pouches market: Segmentation
On the basis of raw material, the global pre-zippered pouches market has been segmented as:
- Kraft Paper
On the basis of product type, the global pre-zippered pouches market has been segmented as:
- Stand-up pouches
- Flat/Pillow pouches
On the basis of end use, the global pre-zippered pouches market has been segmented as:
- Food & beverages
- Cosmetics and personal care
- Household Chemicals