Sandwich bags are becoming popular as it keeps snacks fresh and edible. The sandwich bags market is anticipated to grow at a significant rate during the forecast period owing to the growing disposable income of people and altering food eating patterns across the globe. Rising awareness about the convenience offered by sandwich bags is also boosting their demand. The proliferation of food carriers for schools, offices, and travel is also surging the demand for sandwich bags. Europe and North America are the major markets for sandwich bags due to higher purchasing power, and availability of several products through different distribution channels. The market in Asia Pacific is also anticipated to show a rise in demand for sandwich bags in the coming years as this region accounts for most of the developing countries and also is most populated. South America and the Middle East & Africa are other regions that are expected to show soaring demand for sandwich bags during the forecast period.
Global Sandwich bags Market: Competitive Landscape
Several regional and global players operate in the sandwich bags market. Leading market players are focusing on further innovation in their products, and business expansion in order to boost their market share.
- Companies are focusing on strengthening their business through product portfolio expansion in different sectors. For example, in October 2017, SC Johnson & Son announced that it had signed an agreement to acquire Ecover (Belgium) and Method (USA). This acquisition helps the company to expand its customer base.
- Growth in local players in the global sandwich bags market is expected to create price competition in the market. Local products are inexpensive compared to premium products which may reduce the sales of premium products. However, focusing on product innovation may reduce this effect.
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S. C. Johnson & Son, Inc.
S. C. Johnson & Son, Inc. is an American multinational company founded in 1886 in Wisconsin, U.S. The company’s portfolio includes car care products, floor care products, household cleaning and scent products, household food storage products etc. It operates across the world with approximately 13,000 employees and owns several brands including Grand pix, Tempo (Car Care), Glo-coat, Mr. Muscle (floor care), Ziploc, and Saran Wrap (households food storage).
Bumkins was established in 1989. The company’s product portfolio includes baby and toddler bibs, children’s smocks, and eco-friendly reusable bags. Based in Arizona, U.S., Bumkins also offers silicone dishware, utensils, and teethers.
Pro-Pack Materials Pte Ltd.
Pro-Pack Materials Pte Ltd. was founded in 1984. The company has presence in eight countries across the globe. Its products include cleaning accessories, packaging, stationary, storage, and transportation and many other products and services.
Some of the international and domestic players operating in the sandwich bags market include Revelae Kids, Stasher, The Glad Products Company, and others.
Sandwich Bags Market: Dynamics
Change in lifestyle and improvement in standard of living
Rise in disposable income is boosting the purchasing power of people across the globe which influences their lifestyle. Change in lifestyle and improvement in the standard of living of people are shifting food consumption patterns of people. These factors are expected to drive the sandwich bags market during the forecast period.
Expansion of online marketing and selling platforms
Advancement and expansion of modern selling platforms are anticipated to influencing the sandwich bags market positively. Online platforms such as e-commerce sites offer a great opportunity for manufacturers to cater to diverse customers across different regions. Online platforms are helping manufacturers to reach consumers across different regions. Other modern distribution channels such as supermarkets and hypermarkets are also expected to boost the demand for sandwich bags in the near future.
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Sandwich Bags Market: Segmentation
The sandwich bags market can be segmented on the basis of:
- Distribution Channel
Sandwich Bags Market Segmentation – By Type
Based on type, the sandwich bags market can be divided into:
- Reusable Bags
- Disposable Bags
Sandwich Bags Market Segmentation – By End-user
In terms of end-user, the sandwich bags market can be bifurcated into:
Sandwich Bags Market Segmentation – By Distribution Channel
Based on distribution channel, the sandwich bags market can be classified into:
- Hypermarkets/ Supermarkets
- Departmental Stores
- Small Retail Stores
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
- 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.
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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.
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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.
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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?
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