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 XploreMR 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.
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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.
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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.
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