The global bag re-sealer market is expected to register a CAGR of 5.5% by garnering a market value of USD 531 Million. The market’s growth can be attributed to:
The bag re-sealer market is expected to grow as it is commonly used in food packaging to preserve freshness. Bag re-sealers are designed to be user-friendly and easy to operate. Moreover, many bag re-sealers are small and lightweight, making them easy to carry and store. Bag re-sealers use heat-sealing technology to create an airtight seal, preserving the freshness of food products.
Furthermore, some bag re-sealers are powered by batteries or USB, making them convenient for use at home or on-the-go. Some bag re-sealers have adjustable sealing strength, allowing users to customize the strength of the seal based on their needs. Many bag re-sealers can be used on a variety of bag materials, including plastic, foil, and more. Bag re-sealers are designed to be compact and take up minimal space, making them ideal for small kitchens or households.
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Rapid urbanization and increasing standard of living in countries like China and India have increased the production of various products in different end user industries in the Asia Pacific region. With India and China being the most populated countries in the globe, the increasing demand for preserving food and increasing its shelf-life has become essential. This, in turn, has increased the dependency on bag re-sealers in the Asia Pacific region.
Another factor driving the demand for bag re-sealers is the rising disposable income and increasing demand for convenient household products. In addition, most end user manufacturers have shown a growing inclination towards investing in bag re-sealers.
Furthermore, expansion of e-commerce and the increasing availability of bag re-sealers through online platforms is making it easier to use and adapt bag re-sealers on a larger scale in the region. Lastly, growing health consciousness and the adoption of healthy and organic food products is expected to shape bag re-sealer market in the Asia Pacific region.
The future of the bag re-sealer market looks promising, owing to several factors contributing to market growth. The need to reduce food waste and extend the shelf life of food products is expected to increase enormously in the upcoming years. Moreover, fast-paced lifestyle and changing work nature of end user industries along with a rising preference towards is increasing demand for convenient and practical household products. This, in turn, is expected to bolster the need for bag re-sealers in the upcoming years.
Rising disposable income and standard of living, leading to an increase in consumer spending on household products is a major factor that is creating lucrative opportunities for the bag re-sealers market. As more people are adopting health conscious lifestyle, the demand for healthy and organic food products is expected to rise exponentially.
Thus, to keep the same fresh, manufacturers are using heat re-sealers. Furthermore, technological advancements in bag re-sealing products are leading to new and innovative products entering the market. Overall, the bag re-sealer market is expected to continue its growth trajectory in the coming years, driven by these and other factors.
Bag re-sealer used for the joining of plastic or aluminum film with other by the force of heat. The re-sealers are available with many benefits like continuous heat is not required for the heating, instead, the heat is generated only when the switch is on.
The demand for the bag re-sealers are more among the millennials to store the remaining food, cookies, snacks, pet food. This re-sealer helps to keep foods to their original flavor when people eat in next time and keep food fresh. As a result, the bag re-sealer market is set to witness steady growth during the forecast period.
Since bag re-sealer is easy to use, therefore, its demand is growing in the market. Users can just press & pull the device across the chip bags, vacuum sealer bag cookie bags and other PE, PP, PVC bags.
Furthermore, many players add cutting tools in this bag re-sealer device to gain a competitive advantage in the market. This additional tool encourages the tourist to use such device in the travelling. It provides convince and greater security to the user along with maintaining food and snacks moderation without wasting.
For instance, iTouchless® launched an airtight bag re- sealer which is designed by industry experts. It provides an easy and fast method for re-sealing unused snacks and food portions and also comes with a magnetic base for convenient storage. This advancement helps the player to strengthen its presence in the market.
The flexibility and the demand for packaging devices have increased over time. The freshness and quality of the food are the utmost important factor to the customer. Plus, immediate packing is the need for time. Thus, bag re-sealer works effectively to pack the plastic bags.
Many people use bag re-sealer while travelling, camping or picnic, it can be easy to put into a bag or pocket because of its compact size. Also, used in grocery stores, wafers shops, popcorn carts, sweet stalls and many other foods and snacks counters to keep food moisture-free. This is expected to fuel the demand for bag re-sealer in the next few years.
However, during the COVID-19 pandemic, the industry supply chain was standstill due to strict lockdown imposed by the government. This led to supply shortage and consumer demand unmet. Also, the closing of street food stalls, snacks shops and restrictions to people not to move outside affected the sales of the bag re-sealer.
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The prime reason for the growth of the bag re-sealer market in the USA and Canada during the forecast period is the increasing medical, chemical and food processing stalls both in developed and developing economies.
Furthermore, the growing demand for the packed food in the region will give traction to the development of the market. Moreover, unpredictable rain and humid weather condition in the region encourage people to keep sealing device at home for sealing open packs of chips, and other snacks.
This also prevent food from tasting bland and stale and lock in freshness and flavor. These factors are anticipated to drive the market of bag resellers in the region during the forecast period.
Over the upcoming decade, European countries are anticipated to provide maximum market shares in the bag re-sealer market during the forecast period. Growing demand for the packed food products coupled with the growing population of Europe is likely to drive the bag re-sealer market.
Moreover, increasing awareness regarding healthy lifestyles among consumers in the region is giving an opportunity to the players to restructure their business and strengthen their presence in the regional market. Many players launched bag re-sealer which easily reseal plastic bags so food will stop being exposed to bacteria and dust.
Furthermore, the people of Europe highly agree with the ideology of sustainability. People don’t like to keep remaining snacks in another plastic bag they prefer to store snacks or food in an original plastic bag, so, they use such plastic re-sealer to seal the plastic bag and helps to save the Earth.
Some of the leading manufacturers and suppliers of bag re-sealer include
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
| Market Value 2023 | USD 5.0 billion |
|---|---|
| Market Projected Value (2033) | USD 9.1 billion |
| Market CAGR (2023 to 2033) | 6.0% |
| Market Estimated Size (2022) | ~USD 16.9 Billion |
|---|---|
| Market Projected Size (2032) | ~USD 37.5 Billion |
| Market CAGR (2022 to 2032) | ~8.3% |
| Expected Market Value (2022) | USD 5 Billion |
|---|---|
| Anticipated Forecast Value (2032) | USD 7.8 Billion |
| Projected CAGR (2022 to 2032) | 4.55% |
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