Global slider zipper pouch market is estimated to be worth more than US$ 22 Bn by the end of 2026, and is projected to expand at a CAGR of above 7% over the forecast period, 2018-2026. The demand for slider zipper pouch is expected to grow during the forecast period due to its re-closability feature. Furthermore, better shelf presence is expected to be one of the significant contributor in increasing the sales of the product. This in turn, is expected to boost the growth of global slider zipper pouch market.
More than 80% of U.S. adults find a re-sealable package convenient, as its resealability saves cost and helps to eliminate any waste.
Consumption of food products that come in slider zipper pouches has gained broad acceptance among consumers, leading to increasing adoption of slider zipper pouches among manufacturers. This is attributed to transparent AlOx-coated polyethylene terephthalate (PET) film, an environment-friendly packaging material, with microwavable features that are ideally suited for processed food packaging.
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In May 2016, Toray Plastics (America), Inc. — a U.S.-based polyester, polypropylene and bio-based films manufacturer — introduced ‘Barrialox’.
In packaging formats such as slider zipper pouches, consumer convenience is kept at the epicentre. Pouches combined with closures such as press to close zip and slider zip. For instance, slider zipper pouches can now be infused with product categories, such as, consumer goods like lawn and garden products, electrical & electronics products. Innovations like these are appealing to the premium and high end brand manufacturers, which is also elevating the brand perception of customers and their willingness to pay more for the add-on value. Owing to lack of selection process, the recyclability of these pouches becomes practically infeasible. A huge amount of resins and raw materials entered into the production process of pouches has thus remained unrecovered. The removal of various layers of lamination from the slider zipper pouches require a special process which incurs additional cost, and may add to the landfill problems.
Segmentation Based on Type, Material, Closure Type, and Capacity
Slider zipper pouch market comprises a variety of pouches such as quad seal pouch, 3-side seal pouch, pinch bottom pouch, stand up pouch, and flat bottom pouch. These are used to package different type of products. Among closure type, press to close zip segment is expected to account for the highest market share in the global slider zipper pouch market during the forecast period owing to ease in opening, reclosing and child resistant zippers. By capacity, the global slider zipper pouch market has been segmented into up to 1.5 Oz, 1.5 Oz to 3 Oz, 3 Oz to 7.5 Oz, 7.5 Oz to 15 Oz, 15 Oz to Oz and above 30 Oz. By material type, plastic is expected to dominate the market with nearly 80% of market share by value. It is further sub-segmented into polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), poly vinyl chloride (PVC), ethyl vinyl alcohol (EVOH), and nylon. Among these, Polyethylene (PE) is expected to account for the highest market share in the global slider zipper pouch market.
Europe and APAC to collectively hold a value share of more than 60% in slider zipper pouch market
Among the key regional markets for slider zipper pouch market, Asia Pacific is projected to register the highest CAGR of 8.3%, during the forecast period. Europe will reportedly represent a total incremental $ opportunity of US$ 1,405.4 Mn by the end of 2024.
Key Vendor Insights
Some of the key players in the global slider zipper pouch market include Glenroy, Inc., Mondi Group plc., Printpack, Inc., Bemis Company,Inc., Berry Global Group,Inc., Amcor Limited, Sonoco Products Company, Sealed Air Corporation, Coveris Holdings S.A., Winpak Ltd., Proampac LLC, Flair Flexible Packaging Corporation, Interflex Group Inc., Maco Bag Corporation, American Packaging Corporation, International Plastics Inc., Clear View Bags Company Inc., Bison Bags Co., Inc., Constantia Flexibles Group GmbH, and St. Johns Packaging Ltd.
Manufacturers of innovative packaging are catering to the demand of the consumers by providing multi-align closures that offer consumer convenience, easy re-sealing and are combining with flexible packaging formats that offer product access with full perimeter resealability for products like pet food, snacks, among others.
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Global Slider Zipper Pouch Market to Grow with Increased Need for Utilitarian Stationary Storage
The demand within the global slider zipper pouch is set to tread along an ascending trajectory in the times to follow. The use of resilient and utilitarian packaging technologies has brought slider zipper pouches under the spotlight of attention. Moreover, the emergence of a seamless industry for using bags and pouches that are easy to carry around has also enabled the inflow of fresh revenues into the market. The total volume of sales within the global slider zipper pouch market has increased by leaps and bounds. Moreover, the use of slider pouches for carrying dry food items has also unravelled a multitude of opportunities for market growth.
- The outbreak of the novel coronavirus disrupted manufacturing and supply lines across several industries. Therefore, the past phase has been a dry region on the end of innovation and planning within the domain of slider zipper pouch manufacturing. No new designs or shapes are assessed to have emerged during this phase, and the manufacturers are focusing on clearing their old stocks. These manufacturers are expected to tie up with food manufacturers who frequently require resilient packaging technologies. Therefore, the global slider zipper pouch market is expected to sustain alongside advancements in food packaging in the phases to come.
- Over the course of the next quarter, the demand within the global slider zipper pouch market is expected to rise. These pouches are used for storing stationeries, and can act as utilitarian boxes. As schools and educational institutes begin to reopen after COVID-19 lockdowns, the use of slider zipper pouches is foreseen to increase. Furthermore, the unprecedented demand for ensuring seamless control over stationery storage amongst kids shall also aid market growth. The use of slider zipper pouch for storing construction materials such as adhesives and cements is also playing a crucial role in driving demand within the market.