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Re-closable Polyethylene Bags Market : An Overview

Flexible plastic packaging is a cost effective format of packaging. It is available at an economical cost and occupies less storage space compared to rigid formats. Re-closable polyethylene bags have multiple applications and functionality. This factor enables it to be highly preferred by large number of customers. Re-closable polyethylene bags are convenient and easy to use. Moreover, the prevent products from dust and water. Product are easy to store in re-closable polyethylene bags. In addition, re-closable polyethylene bags maintain the freshness of the product preventing it from external exposure. Due to consumption pattern the re-closable polyethylene bags provide the advantage of closing and opening the bag whenever in use. Increased shelf life of the product is one of the predominant attributes which enhances the attractiveness of the re-closable polyethylene bags. This is likely to boost the demand for the re-closable polyethylene bags in the years to come.

Re-closable Polyethylene Bags Market : Dynamics

The factor driving popularity of re-closable polyethylene bags specifically is the opportunity for brand owners to use the surface of the packaging to engage customers. In addition, it is becoming to utmost importance for the customers to protect the quality of the product. Majorly the re-closable polyethylene bags are used in the end use of food and beverages. Thus, it becomes of high priority for the customers that they choose a packaging which recognizes the importance of product safety and convenience. Busy lifestyles of customers have led to the adaption of easy packaging. RE-closable polyethylene bags improve the customer engagement as if the product is not re-closable the customer might transfer the product in another container which will reduce the visibility of the brand. This results in lost opportunity to showcase and enhance the brand value. For the manufacturers the cost of production of manufacturing re-closable polyethylene bags is highly economical compared to other formats which are made from bio-based substrates. This is likely to augment the market demand for re-closable polyethylene bags.

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Re-closable Polyethylene Bags Market : Segmentation

Re-closable polyethylene bags market can be segmented on the basis of type, end use and material.

By Type, re-closable polyethylene bags market can be segmented as

  • Zippers
  • Strips
  • Seals
  • Drawstring
  • Zips-Up
  • Seal Tapes
  • Pull tabs
  • Cross tie
  • Screw Caps

By End-use , re-closable polyethylene bags market can be segmented as

  • Food & Beverage
  • Personal Care
  • Home care
  • Healthcare
  • Chemicals
  • Industrial Goods
  • Consumer Goods

By Material , re-closable polyethylene bags market can be segmented as

  • Polyethylene
    • Low-density polyethylene (LDPE) 
    • High-density polyethylene (HDPE)
    • Cross-linked polyethylene (PEX or XLPE)

Re-closable Polyethylene Bags Market : Regional Outlook

North America is lucrative market for re-closable polyethylene bags due to high preference of customers for convenient packaging owing to busy lifestyles. Furthermore, developments in the flexible packaging has led to advancements in the packaging of products primarily in the food & beverage industry. Asia Pacific region is anticipated to grow in terms of demand for re-closable polyethylene bags due to presence of large number of domestic players and  rapid urbanization which makes convenient packaging a preferential choice amongst the customers. It is anticipated that countries such as India and China are likely to generate high demand for re-closable polyethylene bags in the years to come.

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Re-closable Polyethylene Bags Market : Impact of COVID 19

COVID 19 outbreak has changed the customer sentiments regarding packaging of products making customers more conscious about the packages. Amidst the outbreak, the demand for sterilized packaging is likely to grow. Attributes such as prevention against water might impact the market demand make re-closable polyethylene bags as the packages can be easily sanitized or washed when brought home by customers without damaging the product. This will maintain the safety of the product with convenience. This factor will make re-closable polyethylene bags more preferred by customers compared to other packaging formats such as paper or cloth bags. The market demand for re-closable polyethylene bags is anticipated to witness a positive growth in the forecasted period.

Re-closable Polyethylene Bags Market : Key Players

Key players in the re-closable polyethylene market are as follows,

  • US Poly Pack
  • Sealstrip Corporation
  • C-P Flexible Packaging
  • Berry Plastics Inc
  • Crystal Flex Packaging
  • Universal Plastic
  • Bischof & Klein GmbH & Co. KG
  • Zip-Pak
  • Hanoi Plastic Bag JSC
  • Presto Products Company
  • Da Nang Plastic Joint Stock Company
  • Goglio Group
  • Royal Bag
  • SPhere Group
  • Flexico
  • South West Poly Bag

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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Reclosable Polyethylene Bags Market