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Pilfer Proof Bag Closure Seals Market: Overview

Pilfer proof bag closure seals are named as “Anti-theft seals” that are designed typically for Tamper-evident such a way that they secure the neck of a bag or mail sack in malls and delivery offices with various more applications such as sealing first aid kits, fire extinguishers and chemical drums in manufacturing units. The most prominent use of pilfer proof seals are in shipping industries as it is used to secure truck trailers, vessel containers, airline duty-free trolleys, and utility meters.

Pilfer Proof Bag Closure Seals Market: Dynamics

On the basis of increasing demand in bag closure seal market generated by shopping malls, retail stores and the electrical sector, the pilfer proof bag closure seals is expected to grow. Upon entering the spot, in a shopping mall, retail stores or other such locations, customer bags and other storage items are attached to the pilfer proof bag closure seals to ensure safety. During the forecast period, certain factors such as possibility of visual control of integrity, easy to install, pilfer proof bag seals of high quality built which cannot be opened without damage; unique numbering technology, favorable prices are expected to drive the global pilfer proof bag closure seals. Pilfer proof bag closure seals are used for wire harnessing and mounting during electrical operations. Zap links, for example, are used for harnessing wire in aircraft. Pilfer proof bag closure seals are both made of plastic and metal to appeal to various markets. Metal pilfer proof bag closure seals are also favored over plastic ties to protect the pilfer proof bag closure seals from fire.

UV Protected pilfer proof bag closure seals are also known as “black pilfer proof bag closure seals” and are used for outdoor applications such as Natural pilfer proof bag closure seals, they are resistant to oils and grease; UV Protected pilfer proof bag closure seals are different because they are resistant to environmental contaminants. UV Protected pilfer proof bag closure seals are commonly used for applications that require a high tensile holding strength and are often manufactured in nylon 12 grade material.

Releasable pilfer proof bag closure seals has its applications in industries which require a temporary fastening solution with strengthen grip for example, in stage construction, at trade fairs or when bundling telephone, fiber optic and network cables. Reusable pilfer proof bag closure seals has very flexible characteristics can be easily opened and closed after installation. Reusable Pilfer proof bags closure seals also has its application in agro based industries such as securing of tree saplings to supports in gardening and landscaping.

Factors such as strict regulations in the industry and increased demand for alternatives such as blister packs serve as a barrier to market growth for Pilfer proof bag closure seals.

Pilfer Proof Bag Closure Seals Market: Segmentation

Globally the Pilfer Proof Bag Closure Seals is segmented by material, end-users, packaging types.

Based on material used, pilfer proof bag closure seals market is segmented into:

  • Paper
  • Plastic
    • Polypropylene
    • Nylon
  • Metal

Based on Product type, pilfer proof bag closure seals market is segmented into:

  • Single loop pilfer proof bag closure seals
  • Double loop pilfer proof bag closure seals
  • Heat stabilized pilfer proof bag closure seals

Based on application, pilfer proof bag closure seals market can be segmented into:

  • Bulk Drugs
  • Clinical Waste Bags
  • Postal Dept. for Mail Bags
  • Courier Bags
  • Currency Bags
  • Vehicle Doors
  • Airline Baggage

Based on End-Use, pilfer proof bag closure seals market can be segmented into:

  • Pharmaceutical industry
  • Consumer packaging
  • Food & beverage packaging
  • Personal care
  • Automobiles

Pilfer Proof Bag Closure Seals Market: Regional Outlook

Regions of South Asia and East Asia are expected to drive demand for pilfer proof bag closure seals over the forecast period. Asia Pacific is projected to rise at the largest market share and dominate the demand for pilfer proof bag closure seals from 2018 through 2023. Pilfer proof bag closure seals market is increasing due to rapid growth in building & manufacturing, industrial, electrical & electronics and an increase in the number of shopping complexes in countries such as India, China, Thailand, Malaysia and Indonesia, among others, is expected to drive the growth prospects of the region's pilfer proof bag closure seals industry. Asia Pacific offers potential opportunities for growth, as developing countries like China and India are expected to be emerging markets, making the Asia Pacific region the fastest growing pilfer proof bag closure seals market. Market growth in this region is driven by factors such as food & beverage production, healthcare and the personal care industries. Population increase and economic development are the other factors that drive this market growth.

Pilfer Proof Bag Closure Seals Market: Key Players

  • TydenBrooks
  • American Casting MFG. 
  • JW Products
  • Novoflex
  • Unisto Corporation Pvt. LTD
  • 3M
  • Advanced Cable Ties, Inc.
  • HellermannTyton
  • Panduit
  • Raibex Security Seals Pvt Ltd
  • Hoods Corporation
  • Blackburn Industries
  • All-States Inc.
  • Fastenal Company

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 an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Pilfer proof bag closure seals market segments and geographies.

Regional Analysis Includes-

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa (MEA)

Reports Highlights:

  • A detailed overview of parent market
  • Changing pilfer proof bag closure seals packaging market dynamics in the industry
  • In-depth Pilfer proof bag closure seals packaging market segmentation
  • Historical, current, and projected market size regarding volume and value
  • Recent industry trends and developments in the pilfer proof bag closure seals market
  • Competitive landscape
  • Strategies for key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for players to sustain and enhance their market footprint

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Pilfer Proof Bag Closure Seals Market