Global Zipper Pouch Market to Reach $3.9 Billion by 2027
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A new report published by Future Market Insights (FMI), Valley Cottage, N.Y., USA, titled Zipper Pouch Market: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027) studies the performance of the global zipper pouch market over a 10-year assessment period, from 2017 to 2027. The report presents the value and volume forecast of the global zipper pouch market and provides key insights into the factors driving market growth as well as the factors restricting market growth. The estimates point to a revenue growth from nearly $2.1 billion in 2017 to nearly $3.9 billion by 2027 end, resulting in a CAGR of 6.4% over the forecast period.
An overview of the new report is available online
The report segments the global zipper pouch market on the basis of product type (standup zipper pouch, flat zipper pouch), on the basis of material type (paper, plastic, aluminum laminates, others), on the basis of end use (food, pharmaceuticals, cosmetics and personal use, others), and on the basis of closure type (press to close zip, slider zip).
The standup zipper pouch product type segment is estimated to be valued at $1,667.3 million in the year 2017, and is slated to reach a value of $3,096.6 million in the year 2027, exhibiting a CAGR of 6.4% during the assessment period. The flat zipper pouch segment is estimated to be valued at $455.7 million in the year 2017 and is slated to reach a value of $834.6 million in the year 2027, witnessing a CAGR of 6.2% during the assessment period.
The paper segment is estimated to be valued at $334.7 million in the year 2017 and is expected to reach a value of $608.4 million in the year 2027, with a CAGR of 6.2% during the assessment period. The plastic material type segment is likely to be valued at $1,105.1 million in the year 2017, and is expected to reach a value of $2,052.5 million in the year 2027, exhibiting a CAGR of 6.3% during the assessment period.
The food end use segment is projected to be valued at $1,630.0 million in the year 2017 and is expected to reach a value of $3,014.3 million in the year 2027, registering a CAGR of 6.3% during the assessment period. The pharmaceuticals segment is estimated to be valued at $265.0 million in the year 2017 and is expected to reach a market value of $498.1 million in the year 2027, with a CAGR of 6.5% during the forecast period.
The slider zip closure type segment is predicted to be valued at $545.8 million in the year 2017 and is expected to reach a value of $996.5 million in the year 2027, recording a CAGR of 6.2% during the period of forecast.
