Sealing Clips Market: Introduction
A sealing clip is a device used to close or pack plastic bags; similar to the ones used to seal a pack of sliced bread. Sealing clips are also commonly known as bread tags, bread ties, bread buckles, or bread-bag clips. Sealing a bag keeps its contents more secure than tying or folding over its open end and hence, a clip or tie may preserve its contents longer. In some cases, the color of the tag indicates the day on which the bag was sealed; however, there is no universal standard for the color code. Most designs of sealing clip consists of a single plastic part through which the neck of a plastic bag can be threaded. Sealing clamps, or bread tabs, are cheap, ubiquitous, and are available in various shapes and colors. Most sealing clips are made of plastic such as polystyrene (PS), while some sealing clips are made of cardboard. Sealing clips are also utilized for bagged milk that is sold in loose pouches. For instance, in states such as Ontario, Quebec, New Brunswick, and Nova Scotia, in Canada, the most common package is 4 litres of which three 1.33-litre is packed in larger sealed bags, which is closed with a clip and imprinted with the milk's expected expiry date.
Key Drivers of Global Sealing Clips Market
Sealing clips are a basic necessity item in daily life. Expansion of the food & beverage industry and hotel & restaurants industry is boosting the demand for sealing clips. This basic tool is made to clamp around the opening of a bag of crackers, chips, or other foods to help keep out air and moisture and keep the product fresher. These factors act as drivers of the sealing clips market. Rising trend of packed food, packed grocery items, etc., is boosting the global sealing clips market.
Improvised Features Creating Opportunities for Sealing Clips Market
Manufacturers keep improvising their products in order to cater to a larger customer base. A new addition is these clips is that it is made from virgin plastic material. Such clips are great for keeping leftovers completely sealed, or for sealing food packs, cereal packs, etc. Plastic storage sealing bags are easy to use clips that have zip close. Snack clips are made of plastic, wood, or metal, and are available in various shapes and sizes. Some clips are customized to fit on only smaller sized bags, while others are up to 6 inches long and hence, longer bags of food can be closed using a longer length clip. Some snack clips also have magnets built into the clip so that they can be attached to metal surfaces to hold not only bags but also sheets of papers for use in displaying notes or instructions. Presently, there are a wide range of twist ties available online as well as offline. A clip with high quality and thickness is required to seal a heavy bag. Such new improvised features create considerable opportunities for the market.
Being Brittle is Key Restraint of Global Sealing Clips Market
Sealing clips can break easily and do not last long. Some sealing clips tend to be very brittle, as they are utilized to carry or seal heavy packets, bags, pouches, etc. These factors restraint the sealing clips market.
Asia Pacific Dominates Global Market
Asia Pacific accounts for a notable share, in terms of revenue, of the global market, as compared to that held by markets in other regions due to increased adoption of sealing clips from various end-users, such as hotels & restaurants, canteens, cafes, personal use, in the region. Additionally, increasing application of sealing clips among consumers in countries such as Japan, China, Australia, etc., is expected to propel the demand for sealing clips. Technological advancements and rapid increase in the demand for packed products are further boosting the demand for sealing clips. These factors are expected to propel sealing clips market in the region.
Key Players Operating in Global Market
Companies are working on product innovation and development to increase their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level. Some of the major companies identified in the sealing clips market are:
Sealing Clips Market: Research Scope
Sealing Clips Market, by Type
- Plastic clip sealer
- Cable Holder clips
- Plastic storage sealing clips
Sealing Clips Market, by Application
Sealing Clips Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
The report on the sealing clips market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides 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 factors on market segments and regions.
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 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.