Slider Zipper Pouch Market Outlook - 2027

Packaging is an important factor for any industry. Without proper packaging, the safety of the product inside the packaging cannot be ensured. There are various packaging methods or products, which are currently being used by companies. Customers are looking for packaging methods, which are convenient and easy to store the products. Many products are packed in a flexible or non-flexible packaging, which has slider zipper attached at the opening. Slider zipper pouch is a very convenient and easy type of packaging for consumers of different products.

Market scope and structure:

COVID-19 scenario analysis:

• The demand for slider zipper pouch is expected to decrease in 2020 due to low demand from different industries, such as pharmaceuticals and food, owing to the lockdown imposed by government of many countries.
• COVID-19 crisis is likely to affect the slider zipper pouch industry negatively as a result of halted manufacturing and massive reduction in demand for luxury and non-essential services globally.
• COVID-19 crisis had a mixed impact on the packaging industry, mainly due to closure of physical retail stores globally. However, the availability of online retailing has absorbed the high impact of this shutdown.
• The requirement of e-commerce specific packaging is likely to remain strong; although, the e-commerce companies would have to focus on protection of goods and sanitization of packages. 
• In addition, the food packaging industry is on the frontline within the global packaging market, owing to the demand for essential products, such as groceries and fresh food, mainly from local e-retail sites. 
• Industrial, transportation, and bulk packaging has faced a sharp decline, owing to decreased demand for non-essential goods during the first two quarters of 2020. 
• Low disposable income of maximum population and weak demand for packaging from industrial goods led the packaging industry to face significant pressure of reduction in both wholesale as well as retail costs. 
• Consumers are likely to stay hesitant for consumption of luxury products, travel, and hospitality services. This is expected to hinder the packaging industry growth in the future after the COVID-19 crisis. 

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

The companies in the packaging industry are trying to produce packaging solutions according to the preferences of consumers. Consumers look for different things in packaging solutions such as easy reclosing, convenience, durability, and quality. Slider zipper pouch offers convenience and ease, which customers always look for in the packaging of the product. Slider zipper pouches are widely used in the packaging of products from various industries such as home care, personal care, pharmaceuticals, and food & beverages. Sometimes, products that come under these industries cannot be used at one time. Therefore, slider zipper pouch must be used so that consumers can use the product according to the need and can store that product for further use. 

The demand for packaged food products is increasing immensely across the globe. For packing of food products, plastic packaging is widely used. In the food & beverages industry, to increase the shelf life of packaged product, flexible plastic packaging is commonly used. Slider zipper pouches or bags can be used for packaging. Various materials, such as Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), and Pressure Sensitive Adhesives (PSA), are used to produce slider zipper pouches. Slider zipper pouches are widely used for the packaging of different cosmetic products such as bangles, lipsticks, eyeliners, and nail polish. These pouches are light in weight and very easy to carry. Different types of closures for slider zipper pouches, such as slider zip or press to close zip, are available in the market. In addition, various types of pouches are produced such as stand up pouch, pinch bottom pouch, three-side seal, and quad seal pouch. 

Considering the increase in consumption of packaged food in different countries across the world, companies are trying to provide easy usage of packaged food to customers. The use of slider zipper pouch is expected to rise during the forecast period. When people travel, they try to reduce the weight of the bags and avoid taking heavy products. As slider zipper pouches are light in weight and flexible, they allow people to carry more products in the same pouch. Therefore, the demand for slider zipper pouch is expected to increase during the forecast period.

Mergers and acquisitions in the packaging industry

Many companies in the packaging industry have been involved in different mergers and acquisitions to get competitive advantage over other players in the market. For example, in March 2018, Constantia Flexible, one the key players in the packaging industry, acquired India-based film laminates manufacturer Creative Polyback Limited. This company produces flexible packaging for the home & personal care industry and the food industry. Further, in February 2018, Berry Global Group, the U.S.-based manufacturer of plastic packaging products collaborated with Spinlace Technology.

Key segments covered:

Key benefits of the report:

• This study presents the analytical depiction of the slider zipper pouch market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the slider zipper pouch market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed slider zipper pouch market analysis based on competitive intensity and how the competition will take shape in coming years.