Market Research Logo

Bag Closures Market: Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029

Bag Closures Market: Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029

Report Description

This report provides a forecast analysis of the global bag closure market. It provides historical data of 2014-2018, and forecast for 2019-2029 in terms of market revenue (US$ Mn) and volume (‘000 Cases). The report on the bag closure market includes market outlook and macroeconomic indicators on the food & nonfood end-use industry. Moreover, it also includes market dynamics such as drivers, recent trends, restraints, and opportunities associated with the bag closure market. The bag closure market report includes the study of market prospects for the manufacturers of bag closures, and comprises an exhaustive value chain analysis.

On the basis of product, the global bag closure market can be segmented as clips and twist ties. Further, the clips segment is subdivided into clip bands and multi-clips. The twist ties augment is further segmented into twist bands / strips and tin ties.

On the basis of material, the global bag closure market can be segmented as plastic, paper & paperboard, and metal. Further, the plastic segment is subdivided into polyethylene, polyester, polypropylene, polyvinyl chloride, and PET.

To ascertain the size of the bag closure market in terms of value and volume, revenue generated by key clip and twist tie manufacturers and their respective manufacturing capacities are taken into consideration. The forecast presented here assesses the total revenue generated by value across the bag closure market. Also, we form the basis of how the bag closure market is expected to develop in the future by taking into account the opinions of industry experts.

Given the characteristics of the bag closure market, we triangulated the outcome on the basis of three different types of analysis based on the supply side, downstream industry demand, and economic envelope in the bag closure market. In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR but also analyze the bag closure market based on key parameters to understand the predictability of the bag closure market and identify the right opportunities across the market.

The bag closure market report is compiled under different chapters; overview of each chapter is given as follows:

Chapter 1: Executive Summary

It includes the gist of the report, highlighting the key insights of the bag closure market.

This section also includes FMI analysis and recommendations pertaining to the bag closure market. It also provides a unique analysis framework through the wheel of opportunity, which enables readers to evaluate the most lucrative segment

Chapter 2: Market Introduction

It includes definition of the global bag closure market and related market taxonomy, providing users a brief overview of the research report.

Chapter 3: Market Background

It includes a comprehensive analysis on the interplay of the key factors influencing the global bag closure market. This provide readers with in-depth value chain analysis and profitability margin, along with the key trends pertaining to the bag closure market, which will help readers to make informed decisions. Key drivers and restraints are also given in the report to understand the current market scenario.

Chapter 4: Market Forecast

It tracks the bag closure market scenario, with key inferences drawn from historical data and future prospects. Moreover, the historic data and forecast is supported by key insights and rationales, including Y-o-Y, opportunity assessment, and growth rate.

Chapter 5, 6 & 7: Segmentation

These chapters include the bag closure market analysis associated segments – material type, product type, and end use, respectively. It covers the scope of the report with key segmentations, along with historical and forecast analysis.

Chapter 8: Analysis by Region

This chapter contains comprehensive revenue (US$ Mn) and volume (‘000 cases) analysis on the global bag closure market by region. Pricing analysis for the respective market is highlighted for each region. Average selling price is taken by material used in manufacturing of clips and twist ties used for bag closures. The report also includes intensity mapping in each region to help readers to recognize key manufacturers and distributors operating in the target region, and the impact of their sales and distribution.

Chapter 9: North America Market Analysis

This chapter contains comprehensive revenue (US$ Mn) and volume (‘000 cases) analysis on the North America bag closure market. North America analysis is presented for the U.S. and Canada

Chapter 10: Latin America Market Analysis

This chapter contains comprehensive revenue (US$ Mn) and volume (‘000 Cases) analysis on the Latin America bag closure market. The analysis is presented for key countries such as Brazil, Mexico, Argentina, and the Rest of Latin America.

Chapter 11: Europe Market Analysis

This chapter contains comprehensive revenue (US$ Mn) and volume (‘000 Cases) analysis on the Europe bag closure market. Europe analysis is presented for Germany, Italy, France, U.K., Spain, Ukraine, Poland, Russia, etc.

Chapter 12: Oceania Market Analysis

This chapter contains comprehensive revenue (US$ Mn) and volume (‘000 Cases) analysis on the Oceania bag closure market. Oceania analysis is presented for Australia and New Zealand.

Chapter 13: MEA Market Analysis

This chapter contains comprehensive revenue (US$ Mn) and volume (‘000 Cases) analysis on the MEA bag closure market. MEA analysis is presented for GCC Countries, North Africa, Turkey, South Africa, and the Rest of MEA.

Chapter 14: South Asia Market Analysis

This chapter contains comprehensive revenue (US$ Mn) and volume (‘000 Cases) analysis on the South Asia bag closure market. South Asia analysis is presented for India, Indonesia, Thailand, Indonesia, Malaysia, and the Rest of South Asia.

Chapter 15: East Asia Market Analysis

This chapter contains comprehensive revenue (US$ Mn) and volume (‘000 Cases) analysis on the East Asia bag closure market. East Asia analysis is presented for China, South Korea, and Japan.

Chapter 16: Market Structure Analysis

This chapter provides a comprehensive analysis on the market structure of manufacturers operating in the global bag closure market. It provides the tier analysis of top players operating in the global bag closure market.

Chapter 17: Competition Analysis

This chapter comprises a bag closure market dashboard of key manufacturers with their comprehensive company profiles, which includes revenue, product portfolio, market share, and SWOT analysis, along with key market strategies.

The major players operating in the global bag closure market are Plas-Ties, Co., Kwik Lok Corporation, Schutte Bagclosures B.V., Bedford Industries, Inc., Multipack B.V.B.A., International Plastics Inc., Inno Bag Closure, Truseal (Pty) Ltd., Vikela Aluvin Pty Ltd., ITW Envopak Limited, T & T Industries Inc., Zhenjiang Hongda Commodity Co., Ltd., AndFel Corporation, Detmold Group, A. Rifkin Co., and HSA International Group.

Chapter 18: Research Methodology

This section includes a detailed description of the robust methodology and approach to arrive at market size and related projections. The research methodology for this report is based on a 3-dimensional model. We conducted around 45–60 min duration detailed interviews with bag closure manufacturers, end-user companies, and other channel partners. Apart from this, we also collected market feedback from industry experts.

Chapter 19: Assumptions & Acronyms

This section includes a list of all the assumptions and acronyms used in the bag closure market report.


1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definition
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Ease of Doing Business 2019 : Qualitative Indicators (key Countries)
4.1.1. Starting a Business
4.1.2. Dealing with Construction Permits
4.1.3. Getting Electricity
4.1.4. Getting Credit
4.1.5. Trading Across Borders
5. Global Bag Closure Market Demand Analysis 2014–2018 and Forecast, 2019–2029
5.1. Historical Market Volume (‘000 Cases) Analysis, 2014–2018
5.2. Current and Future Market Volume (‘000 Cases) Projections, 2019–2029
5.3. Y-o-Y Growth Trend Analysis
6. Global Bag Closure Market - Pricing Analysis
6.1. Regional Pricing Analysis By Product Type
6.2. Pricing Break-up
6.2.1. Raw Material Cost
6.2.2. Labor Cost
6.2.3. Manufacturing Overhead Expense
6.2.4. Non- Manufacturing Overhead Expense
6.2.5. Profit Margin
6.3. Global Average Pricing Analysis Benchmark
7. Global Bag Closure Market Demand (in Value or Size in US$ Mn) Analysis 2014–2018 and Forecast, 2019–2029
7.1. Historical Market Value (US$ Mn) Analysis, 2014–2018
7.2. Current and Future Market Value (US$ Mn) Projections, 2019–2029
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.1.1. Global GDP Growth Outlook
8.1.2. Global Plastic Packaging Industry Growth
8.1.3. Global Retail Sector Growth
8.2. Forecast Factors - Relevance & Impact
8.2.1. Global Rigid Packaging Market Growth
8.2.2. Global Plastic Industry Growth
8.2.3. Production Growth of Bag Closure Market, by each key player
8.2.4. Per capita Bakery Products Consumption
8.2.5. Per capita expenditure on Food Services
8.3. Value Chain
8.3.1. Key Participants
8.3.1.1. List of Raw Material Suppliers
8.3.1.2. List of Bag Closure Manufacturers
8.3.1.3. List of End Users
8.3.2. Profitability Margins
8.4. Cost Tear Down Analysis
8.5. Porters Analysis
8.6. Market Dynamics
8.6.1. Drivers
8.6.2. Restraints
8.6.3. Opportunity
8.6.4. Trends
9. Global Bag Closure Market Analysis 2014–2018 and Forecast 2019–2029, by Material Type
9.1. Introduction
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Material Type, 2014 - 2018
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Material Type, 2019 - 2029
9.3.1. Plastic
9.3.1.1. Polyethylene (PE)
9.3.1.2. Polypropylene (PP)
9.3.1.3. Polystyrene (PS)
9.3.1.4. Polyethylene Terephthalate (PET)
9.3.1.5. Polyvinyl Chloride (PVC)
9.3.2. Paper & Paperboard
9.3.3. Metal
9.4. Market Attractiveness Analysis By Material Type
10. Global Bag Closure Market Analysis 2014–2018 and Forecast 2019–2029, By Product Type
10.1. Introduction
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2014 - 2018
10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2019 - 2029
10.3.1. Clip
10.3.1.1. Clip Band
10.3.1.2. Multiclip
10.3.2. Pre-Cut Twist Ties
10.3.2.1. Twistband / Twiststrip
10.3.2.2. Tin Tie
10.4. Market Attractiveness Analysis By Product Type
11. Global Bag Closure Market Analysis 2014–2018 and Forecast 2019–2029, By Application
11.1. Introduction
11.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2014 - 2018
11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2019 - 2029
11.3.1. Food
11.3.1.1. Bakery & Confectionery
11.3.1.2. Fruits & Vegetables
11.3.1.3. Meat, Poultry & Seafood
11.3.1.4. Ready-to-eat Food
11.3.1.5. Others (Tea, Coffee, etc.)
11.3.2. Non-Food Applications
11.3.2.1. Garbage / Thrash
11.3.2.2. Security Packaging
11.3.2.3. Others (Toys, Stationery, etc.)
11.4. Market Attractiveness Analysis By Application
12. Global Bag Closure Market Analysis 2014–2018 and Forecast 2019–2029, by Region
12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2014 - 2018
12.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2019 - 2029
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. Middle East and Africa (MEA)
12.3.5. East Asia
12.3.6. South Asia
12.3.7. Oceania
12.4. Market Attractiveness Analysis By Region
13. North America Bag Closure Market Analysis 2014–2018 and Forecast 2019–2029
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2018
13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2018 - 2028
13.4.1. By Country
13.4.1.1. U.S.
13.4.1.2. Canada
13.4.2. By Material Type
13.4.3. By Product Type
13.4.4. By Application
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Material Type
13.5.3. By Product Type
13.5.4. By Application
13.6. Key Market Participants - Intensity Mapping
13.7. Drivers and Restraints - Impact Analysis
14. Latin America Bag Closure Market Analysis 2014–2018 and Forecast 2019–2029
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2018
14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2018 - 2028
14.4.1. By Country
14.4.1.1. Brazil
14.4.1.2. Mexico
14.4.1.3. Argentina
14.4.1.4. Rest of Latin America
14.4.2. By Material Type
14.4.3. By Product Type
14.4.4. By Application
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Material Type
14.5.3. By Product Type
14.5.4. By Application
14.6. Key Market Participants - Intensity Mapping
14.7. Drivers and Restraints - Impact Analysis
15. Europe Bag Closure Market Analysis 2014–2018 and Forecast 2019–2029
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2018
15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2018 - 2028
15.4.1. By Country
15.4.1.1. Germany
15.4.1.2. Italy
15.4.1.3. France
15.4.1.4. U.K.
15.4.1.5. Spain
15.4.1.6. BENELUX
15.4.1.7. Nordic
15.4.1.8. Russia
15.4.1.9. Poland
15.4.1.10. Rest of Europe
15.4.2. By Material Type
15.4.3. By Product Type
15.4.4. By Application
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Material Type
15.5.3. By Product Type
15.5.4. By Application
15.6. Key Market Participants - Intensity Mapping
15.7. Drivers and Restraints - Impact Analysis
16. South Asia Bag Closure Market Analysis 2014–2018 and Forecast 2019–2029
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2018
16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2018 - 2028
16.4.1. By Country
16.4.1.1. India
16.4.1.2. Thailand
16.4.1.3. Indonesia
16.4.1.4. Malaysia
16.4.1.5. Rest of South Asia
16.4.2. By Material Type
16.4.3. By Product Type
16.4.4. By Application
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Material Type
16.5.3. By Product Type
16.5.4. By Application
16.6. Key Market Participants - Intensity Mapping
16.7. Drivers and Restraints - Impact Analysis
17. East Asia Bag Closure Market Analysis 2014–2018 and Forecast 2019–2029
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2018
17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2018 - 2028
17.4.1. By Country
17.4.1.1. China
17.4.1.2. Japan
17.4.1.3. South Korea
17.4.2. By Material Type
17.4.3. By Product Type
17.4.4. By Application
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Material Type
17.5.3. By Product Type
17.5.4. By Application
17.6. Key Market Participants - Intensity Mapping
17.7. Drivers and Restraints - Impact Analysis
18. Oceania Bag Closure Market Analysis 2014–2018 and Forecast 2019–2029
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2018
18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2018 - 2028
18.4.1. By Country
18.4.1.1. Australia
18.4.1.2. New Zealand
18.4.2. By Material Type
18.4.3. By Product Type
18.4.4. By Application
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Material Type
18.5.3. By Product Type
18.5.4. By Application
18.6. Key Market Participants - Intensity Mapping
18.7. Drivers and Restraints - Impact Analysis
19. Middle East and Africa Bag Closure Market Analysis 2014–2018 and Forecast 2019–2029
19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2018
19.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2018 - 2028
19.4.1. By Country
19.4.1.1. GCC Countries
19.4.1.2. Turkey
19.4.1.3. Northern Africa
19.4.1.4. South Africa
19.4.1.5. Rest of Middle East and Africa
19.4.2. By Material Type
19.4.3. By Product Type
19.4.4. By Application
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Material Type
19.5.3. By Product Type
19.5.4. By Application
19.6.Key Market Participants - Intensity Mapping
19.7.Drivers and Restraints - Impact Analysis
20. Emerging Countries Bag Closure Market Analysis 2014–2018 and Forecast 2019–2029
20.1. Introduction
20.1.1. Market Value Proportion Analysis, By Key Countries
20.1.2. Global Vs. Country Growth Comparison
20.2. China Bag Closure Market Analysis
20.2.1. Introduction
20.2.2. Market Value Proportion Analysis by Market Taxonomy
20.2.3. Market Volume (‘000 Cases) and Value (US$ Mn) Analysis and Forecast by Taxonomy
20.2.3.1. By Material Type
20.2.3.2. By Product Type
20.2.3.3. By Application
20.3. India Bag Closure Market Analysis
20.3.1. Introduction
20.3.2. Market Value Proportion Analysis by Market Taxonomy
20.3.3. Market Volume (‘000 Cases) and Value (US$ Mn) Analysis and Forecast by Taxonomy
20.3.3.1. By Material Type
20.3.3.2. By Product Type
20.3.3.3. By Application
20.4. Mexico Bag Closure Market Analysis
20.4.1. Introduction
20.4.2. Market Value Proportion Analysis by Market Taxonomy
20.4.3. Market Volume (‘000 Cases) and Value (US$ Mn) Analysis and Forecast by Taxonomy
20.4.3.1. By Material Type
20.4.3.2. By Product Type
20.4.3.3. By Application
21. Market Structure Analysis
21.1. Market Analysis by Tier of Companies (Bag Closure)
21.2. Market Concentration
21.3. Market Share Analysis of Top Players
21.4. Market Presence Analysis
21.4.1. By Regional footprint of Players
21.4.2. Product foot print by Players
21.4.3. Channel Foot Print by Players
22. Competition Analysis
22.1. Competition Dashboard
22.2. Pricing Analysis by Competition
22.3. Competition Benchmarking
22.4. Competition Deep Dive
22.4.1. Kwik Lok Corporation
22.4.1.1. Overview
22.4.1.2. Product Portfolio
22.4.1.3. Profitability by Market Segments (Product/Channel/Region)
22.4.1.4. Sales Footprint
22.4.1.5. Strategy Overview
22.4.1.5.1. Marketing Strategy
22.4.1.5.2. Product Strategy
22.4.1.5.3. Channel Strategy
22.4.2. Schutte bagclosures B.V.
22.4.3. Bedford Industries Inc.
22.4.4. Multipack B.V.B.A.
22.4.5. Plas-Ties, Co.
22.4.6. T & T Industries Inc.
22.4.7. Zhenjiang Hongda Commodity Co.,Ltd.
22.4.8. International Plastics Inc.
22.4.9. AndFel Corporation
22.4.10. Inno Bag Closures
22.4.11. Detmold Group
22.4.12. Petersens Plastics
22.4.13. GBE Packaging
22.4.14. A.Rifkin Co.
22.4.15. TruSeal Pty Ltd.
22.4.16. HSA International Group
22.4.17. ITW Envopak Limited
22.4.18. Vikela Aluvin Pty Ltd
22.4.19. Versapak International Ltd
22.4.20. Euroseal A.S.
23. Assumptions and Acronyms Used
24. Research Methodology

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report