This report provides exclusive insights into the COVID-19 impact on the Slider Zipper Pouch Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Slider Zipper Pouch Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Slider Zipper Pouch Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on slider zipper pouch market provides an in-depth analysis of segments and sub-segments in global as well as regional slider zipper pouch market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional slider zipper pouch market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global slider zipper pouch market. According to the report the global slider zipper pouch market is projected to grow at a CAGR of 6.9% over the forecast period of 2018-2024.
Slide zipper pouches are those type of pouch, which has locking facilities. This facility helps to improve the product life time and protect the quality for a longer time than the conventional pouch. These pouches are helpful for products that will be opened and closed multiple times, sliders increase the perceived value and freshness of products inside it.
Slider pouches market growth is prominently driven by the tamper proof properties of the slider pouch. Conventional pouch systems require secondary packaging in order to maintain the freshness of food products, whereas slider pouches discard the necessity of such secondary storage and packaging needs. Primary factor fueling the slider pouches market is the wide variety of sliders available in the market to provide selection options to the consumers. Incorporation of laser membrane under the slider to ensure anti-counterfeiting is one of the key factor driving the slider pouches market. Slider pouches are quite versatile and offer a long life span, making it an affordable consumer packaging solution. To counteract against the anti-tampering feature. Additionally, the slider pouches are integrated with a visible tear-away seal just above the slider in order to provide more security in packaging. Slider pouches also provide an additional press-to-seal (PTS) child resistance re-sealable sliders to the pouches.
However, manufacturers operating in the slider pouches market face the additional cost of adding special parts and material to slider pouches. Further, the restricted scope of recyclability restrains the global market for slider pouches. Due to such factors, most of the companies are focusing on the development of bio-based materials for zipper pouch packaging products. Comparatively, high capital investment for the development of such type of products could prove to be a major challenge for small-scale players in the zipper pouch market in the near future. Among the key regional markets for slider zipper pouch market, Asia Pacific is expected to grow and lead the market, due to growing application of slide zipper pouch as the substitute of the conventional pouch during the forecast period.
The report on global slider zipper pouch market covers segments such as product type, capacity, material type, closure type, and application. On the basis of product type, the global slider zipper pouch market is categorized into quad seal pouch, 3-side seal pouch, pinch bottom pouch, standup pouch, and flat bottom pouch. On the basis of capacity the global slider zipper pouch market is categorized into up to 1.5 OZ, 1.5 OZ to 3 OZ, 3 OZ to 7.5 OZ, 7.5 OZ to 15 OZ, 15 OZ to 30 OZ and above 30 OZ. On the basis of the material type the global slider zipper pouch market is categorized into plastic, paper, and aluminum. On the basis of closure type, the global slider zipper pouch market is categorized into the press to close zip and slider zip. On the basis of application, the global slider zipper pouch market is categorized into food, healthcare & pharmaceuticals, cosmetics & personal care, electrical & electronics, automotive, consumer products (lawn and garden, etc.) and others (chemicals, industrial etc.).
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global slider zipper pouch market such as Glenroy, Inc., Mondi Group plc., Printpack, Inc., Bemis Company, Inc., Berry Global Group, Inc., Amcor Limited, Sonoco Products Company, Sealed Air Corporation, Coveris Holdings S.A. and Winpak Ltd.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global slider zipper pouch market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of slider zipper pouch market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the slider zipper pouch market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the slider zipper pouch market to understand the present and future trends in this market and formulate their strategies accordingly.