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Slider Zipper Pouch Market Research: Reach USD 25.4 Billion by 2031,
The global slider zipper pouch market is expected to experience a moderate growth rate during the forecast period, 2020-2027. This growth can be attributed to the increasing demand for convenience and ease-of-use among consumers, especially in the food and beverage industry. The slider zipper pouch market is driven by the growing demand for convenient packaging solutions that offer superior protection, easy access, and product visibility.
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Market Drivers
The global slider zipper pouch market size was valued at $13.1 billion in 2021, and is projected to reach $25.4 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031. Slider zipper pouches are specially used to store food items or heavy products. Slider zipper pouches are easy to use, re-usable, and are highly durable.
Slider zipper pouches are increasingly becoming popular among consumers due to their ease-of-use and convenience. They can be opened and closed with a single hand, and they provide superior product visibility. Additionally, their superior protection ensures that the product remains safe and secure during transportation and storage. They also offer a wide range of customization options, including size, shape, color, and material. This helps manufacturers to meet the varied needs of different customers.
Furthermore, the increasing demand for convenience and ease-of-use is also driving the growth of the slider zipper pouch market. Consumers are increasingly opting for packaging solutions that provide convenience and ease-of-use. Additionally, the growing trend of on-the-go consumption is propelling the growth of the slider zipper pouch market. Consumers are looking for packaging solutions that are easy to carry and store.
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Apart from these factors, the rising demand for eco-friendly packaging solutions is also driving the growth of the slider zipper pouch market. Consumers are increasingly opting for packaging solutions that are sustainable, recyclable, and environmentally friendly. This is encouraging manufacturers to opt for eco-friendly packaging solutions, such as slider zipper pouches.
The growing demand for convenience and ease-of-use, coupled with the increasing trend of on-the-go consumption and the rising demand for eco-friendly packaging solutions is expected to drive the growth of the global slider zipper pouch market during the forecast period. Additionally, the increasing number of players entering the market is expected to further fuel the growth of the market.
COMPETITION ANALYSIS
The key players profiled in the slider zipper pouch market report include, Amcor Limited, American Packaging Corporation, Bemis Company,Inc., Berry Global Group,Inc., Clear View Bags Company Inc., Coveris Holdings S.A., Flair Flexible Packaging Corporation, Glenroy, Inc., Interflex Group Inc., International Plastics Inc., Maco Bag Corporation, Mondi,Printpack, Inc., Proampac LLC, Sealed Air Corporation, Sonoco Products Company, and Winpak Ltd. Major companies in the market have adopted product launch, agreement and acquisition as their key developmental strategies to offer better products and services to customers in the market.
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Analyst Review
However, the increasing cost of raw materials is expected to act as a major restraint on the growth of the market. Additionally, the availability of substitutes, such as stand-up pouches, is expected to reduce the demand for slider zipper pouches, thereby hampering the growth of the market. Nevertheless, the increasing demand for convenience and ease-of-use, coupled with the growing trend of on-the-go consumption, is expected to create lucrative opportunities for market players in the near future.
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