Reclosable Zipper Market Size, Share, Opportunities, And Trends By Type (Press To Close, Single Track Zippers, Dual Track Zippers, Powder Zippers, Liquid Zippers, Child Resistant Zippers, Others), By Application (Food, Clothing), And By Geography - Forecasts From 2024 To 2029

  • Published : Jan 2024
  • Report Code : KSI061616652
  • Pages : 146

The reclosable zippers market was valued at US$2.17 billion in 2022 and is expected to grow at a CAGR of 4.05% during the forecast period.

Reclosable zippers are adaptable and so find use in a variety of sectors. Reclosable zippers' applications range from food and beverage to medicines to high-end industries such as fashion. The rise of industries such as food and beverage and pharmaceuticals is boosting the reclosable zipper market growth. Furthermore, manufacturers are creating flexible packaging reclosable zippers with extra characteristics to make them more user-friendly. Packaging that may be reused is preferred by consumers. Reusable packaging not only promotes customer convenience but also allows consumers to save money on packaging material. One of the most important characteristics of reclosable zippers is their reusability. As a result, the popularity of retractable zippers is predicted to skyrocket throughout the forecast period.

Introduction:

Reclosable zippers are among the most effective reusable storage alternatives on the market, and they work well with almost every form of flexible packaging. This closure technique has long been popular in the packaging industry because of its versatility and ease of usage. This packaging is an excellent, low-cost choice for resealable pouches for closet, fridge, or freezer storage. Reclosable zippers are comfortable and practical, successfully preventing contamination or spills, quick, secure resealing, and lightweight for on-the-go use or e-commerce distribution. Furthermore, pouches with reclosable zippers can contain a variety of other characteristics that add value to the product's expanding market, such as optimizing shelf impact and increasing the customer experience when compared to other packaging types on the market.

Drivers:

  • Low cost and easy handling feature is likely to propel market expansion: Reclosable zippers are a no-frills form of package closure device. Furthermore, the optimized product manufacturing and east-to-close design make it more economical for consumers.
  • Rising demand from the food and beverage industry is fueling market growth: The rapidly expanding food business is constantly in need of packaging that protects products from infection. Furthermore, the expanding online selling of food creates an increased demand for safe packaging. Reclosable zippers are becoming more popular in the packaging of candies and other sweets, drinks, and even pet food.
  • Growing demand from several industries is positively influencing market dynamics: Packaging safety is a top priority. Reclosable zippers are used to safeguard contents such as food and medication. Technological advancements such as powder-proof reclosable zippers are boosting consumer confidence in these zippers. Reclosable zippers are adaptable and are therefore finding use in a variety of industries, from high-end markets like fashion to food and beverage and pharmaceuticals.
  • The growing trend towards environmentally sustainable products is aiding market growth: Manufacturers are being forced to adjust due to growing disdain for plastic and escalating laws. As a result, the manufacture of recloseable zippers made of sustainable materials such as recyclable plastic is increasing.
  • The proliferation of e-commerce channels is driving market growth: E-commerce is becoming increasingly crucial in the market for reclosable zippers. E-commerce is becoming an important channel for the selling of reclosable zipper bags, benefiting the market for reclosable zippers.
  • These pouches can also be used for advertising purposes and hence are widely used: Reclosable zipper bags and pouches incorporate advertising and artistic designs. The use of colorful patterns is spreading to zippers. As a result, the appealing packaging trend is assisting the market's growth.

Products offered by key companies:

  • Dry Pet Food Packaging, Layfield Group Ltd: Layfield Group Ltd's flexible packaging incorporates handy and simple sealing mechanisms.  These characteristics keep the food fresher for longer and provide pet owners the freedom to portion their pet's meals as needed. Their flexible packaging extends the shelf life of your dry pet food due to its outstanding barrier qualities. It produces a sealed environment that protects the contents from external factors such as air, moisture, and light that might compromise their freshness and quality.
  • Fresh Lock, Reynolds Consumer Products Inc: Fresh-Lock advanced closures assist in fulfilling customer requirements by generating superior packaging. Using Fresh-Lock closures opens up new avenues for consumer involvement, package distinctiveness, product protection, and customer loyalty.

The prominent growth in the Food sector under the application segment

The food segment emerged as the leader in terms of market share and is poised to grow significantly over the forecast period. Reclosable zippers have several applications in the food industry Food preservation is one of the applications that is driving the demand for reclosable zippers in the food industry. The expanding food business is constantly in need of packaging that protects it from infection. Furthermore, the expanding online selling of food is increasing the demand for safe packaging. Reclosable zippers are increasingly being employed in the packaging of candies and other sweets, drinks, and even pet food.

The Asia Pacific region is expected to hold a significant share of the reclosable zippers market:

The Asia Pacific region dominated the market expansion and is likely to expand significantly over the forecast period. With a proclivity to eat meals at home, increased urbanization, and a growing population, Asia Pacific's food and packaging business is witnessing significant growth. Moreover, the presence of developing countries like India, China and Japan, has also played a significant role in market expansion. Over the projection period, India is expected to be one of the market's leading nations. Food demand in India is high due to the country's growing population. As a result, the country's food output is increasing, necessitating the use of vast volumes of packaging. Similarly, rising online sales are contributing to the market's cause in China. With its one-stop service, the internet segment is assisting the rise of China's packaging business. As a result, e-commerce is the key to market growth in terms of simple access to a wide range of reclosable zipper packaging. Japan is yet another Asian country with commercial potential. Japanese manufacturers are using appealing designs to increase sales. Manufacturers of reclosable zipper packaging are getting inventive with product design. Bags and pouches, for example, employ a variety of colours and tie-ins. As a result, Japan is driving the market.

Key developments:

  • Fresh-Lock demonstrated its array of flexible packaging solutions, including reclosable zipper packaging, at SuperZoo 2022 in August 2022. The package is made exclusively for pet food. Fresh-Lock emphasized solutions for safety and convenience in the pet products market.

Segmentation

  • BY TYPE:
    • Press to Close
    • Single Track Zippers
    • Dual Track Zippers
    • Powder Zippers
    • Liquid Zippers
    • Child Resistant Zippers
    • Others
  • BY APPLICATION:
    • Food
    • Clothing
  • BY GEOGRAPHY
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain  
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. RECLOSABLE ZIPPER MARKET, BY TYPE

5.1. Introduction

5.2. Press to Close

5.3. Single Track Zippers

5.4. Dual Track Zippers

5.5. Powder Zippers

5.6. Liquid Zippers

5.7. Child Resistant Zippers

5.8. Others

6. RECLOSABLE ZIPPER MARKET, BY APPLICATION

6.1. Introduction

6.2. Food

6.3. Clothing

7. RECLOSABLE ZIPPER MARKET, BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. United Kingdom

7.4.2. Germany

7.4.3. France

7.4.4. Italy

7.4.5. Spain

7.4.6. Others

7.5. The Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Others

7.6. Asia Pacific

7.6.1. Japan

7.6.2. China

7.6.3. India

7.6.4. South Korea

7.6.5. Taiwan

7.6.6. Thailand

7.6.7. Indonesia

7.6.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

9. COMPANY PROFILES

9.1. Layfield Group Ltd

9.2. Elplast Sp. o.o

9.3. Reynolds Consumer Products Inc

9.4. Glenroy, Inc

9.5. Montage

9.6. Pacific Bag

9.7. Sealed Air

9.8. Novolex

9.9. Zip-Pak

9.10. IMPAK CORPORATION


Layfield Group Ltd

Elplast Sp. o.o

Reynolds Consumer Products Inc

Glenroy, Inc

Montage

Pacific Bag

Sealed Air

Novolex

Zip-Pak

IMPAK CORPORATION