The global twist tie machines market size is expected to reach US$ 16.3 Billion in 2032. The twist tie machines market is growing rapidly.
As per FMI Analysts, the global twist tie machines market is estimated to be valued at US$ 9.54 Billion in 2022 and is projected to increase at a CAGR of 5.45% in the forecast period from 2022 to 2032.
Report Attribute | Details |
---|---|
Twist tie Machines Market Estimated Base Year Value (2021) | US$ 9.04 Billion |
Twist tie Machines Market Expected Market Value (2022) | US$ 9.54 Billion |
Twist tie Machines Market Anticipated Forecast Value (2032) | US$ 16.3 Billion |
Twist tie Machines Market Projected Growth Rate (2022 to 2032) | 5.45% CAGR |
There are many types of twist-tie machines, including automatic or semi-automatic types, depending on the requirements of the customer. Almost all supermarkets globally accept twist-tie machines to improve productivity. These machines can be used in various applications, including food, bakery, confectionery, wire harness assembly, and industrial.
The advent of technological innovation in-store or online, coupled with consumers' shifting demands, is reshaping the future packaging industry. In supermarkets and grocery stores, the demand for twist-tie machines is rising; the widespread sale of food, including cereals, grains, beans, and others, is impacting the twist-tie machine demand.
Twist tie machines come with adjustable ribbon length, ensuring the economical use of ribbons. These twist-tie machines operate at different speeds based on the requirements. Upon receipt of these factors, the global twist tie machines market will grow steadily during the forecast period.
Known for their high operating speeds of between 50 and 200 bags per minute, twist tie machines are continuously in demand due to the increasing establishment of grocery stores in supermarkets across the globe. All these factors will support the growth of the global twist tie machines market during the forecast period.
There are twist-tie machines that will clinch a variety of sized packages. Twist tie machines are also manufactured for the food industry and warehouses that do large amounts of packaging.
European and North American countries are both regions that have a high installed base of twist tie machines because of the large number of shopping complexes, hypermarkets, and supermarkets within these regions. The USA, Canada, Germany, Italy, France, the United Kingdom, and Benelux are some of the countries with a higher installed base of twist tie machines.
For the global twist tie machines market, the Middle East and Africa region is likely to experience above-average demand in the forecast period.
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The twist tie machines market has received a lot of traction in the industry.
As a result, these factors are expected to drive the global twist tie machines market during the forecast period; additionally, twist tie machines come with diverse ribbon lengths, ensuring the most economical use of ribbons. Finally, twist tie machines come with various operating speeds depending on the requirement; thus, they are expected to drive the global twist tie machines market during the forecast period.
One of the main reasons for the increasing use of twist ties in the global market is how much time it saves across a conveyor. An employee who does not utilize the twist tie machine in a production line is much less efficient than an employee who uses the twist tie machine for twisting off the ties.
Consumers' shifting demands combined with technological innovations in-store or online are reshaping the future of the twist-tie machine market. In supermarkets and grocery stores, twist-tie machines are in high demand, and the widespread shopping of food, including cereals, grains, beans, and others, is driving the demand for twist-tie machines globally.
There are twist-tie machines that simplify the process of tying a knot of packages. These machines have been accepted by almost all supermarket chains to improve productivity & can be used in many different industries, including food, bakery, confectionery, wire harness & assembly, and industrial & they can also be automatic or semi-automatic, depending on the customer's preferences.
For tying different-sized packages, twist tie machines are manufactured in different diameters. Twist tie machines are manufactured not only for supermarkets or grocery stores but also for the food industries and warehouses where large volumes of packaging are done.
Asian countries, including India, China, Thailand, Malaysia, Singapore, and Indonesia, are undergoing rapid industrialization and globalization. The twist tie machines market is expected to grow significantly during the forecast period. This is due to the establishment of supermarkets, malls, shopping centers, and grocery stores throughout the region.
In terms of speed, Europe and North America are closely followed by Asia. The countries in these two regions are technologically advanced, and they are among the first to adopt twist-tie machines. The USA, Canada, Germany, Italy, France, the United Kingdom, and Benelux are among the nations with a large installed base of twist tie machines, attributed to the high number of shopping malls, hypermarkets, and supermarkets in these regions.
It is forecast that the demand for global twist tie machines is likely to be above average during the forecast period in the Middle East and Africa region.
Some of the leading companies operating in the global twist tie machines market include Plas-Ties, Co., Tach-It, Zhenjiang Hongda Commodity, Kunshan Yuanhan Electronic Equipment, Hughes Enterprises, IPS Packaging, and International Plastics Inc.
In-store and online technological advances combined with changing consumer preferences are reshaping the future of the Twist Tie Machines Market. The availability of twist-tie machines in supermarkets and grocery stores is rising exponentially. The prevalence of cereals, grains, beans, and many other food items is driving the popularity of twist-tie machines globally.
Twist tie machines can be ordered in various diameters to meet the different sizing needs of different packages. These machines are not only manufactured for supermarkets and grocery stores but also for food industries and warehouses where large quantities of packaging are done.
Due to the increasing establishment of supermarkets, and grocery stores across the globe, demand for twist-tie machines has steadily been rising, fueling market growth during the forecast period. Their operating speed ranges from 50-60 bags per minute.
Report Attribute | Details |
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Growth Rate | CAGR of 5.45% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Billion, Volume in Kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
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The global twist tie machines market is set to grow at a CAGR of 5.45% through 2032.
The USA is projected to lead the twist tie machines market in the forecast period.
Koninklijke DSM N.V., BASF SE, Danone SA, and Genova Diagnostics, Inc. are some of the renowned companies in the twist tie machines market.
1. Executive Summary | Twist Tie Machines Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and Their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyers 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2021 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Machine Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Machine Type, 2017 to 2021 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Machine Type, 2022 to 2032 5.3.1. Automatic 5.3.2. Semi-automatic 5.3.3. Manual 5.4. Y-o-Y Growth Trend Analysis By Machine Type, 2017 to 2021 5.5. Absolute $ Opportunity Analysis By Machine Type, 2022 to 2032 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Operating Speed 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Operating Speed, 2017 to 2021 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Operating Speed, 2022 to 2032 6.3.1. Less than 50 Bags/min 6.3.2. 51 to 100 Bags/min 6.3.3. 101 to 150 Bags/min 6.3.4. 151 to 200 Bags/min 6.3.5. 200 Bags & Above 6.4. Y-o-Y Growth Trend Analysis By Operating Speed, 2017 to 2021 6.5. Absolute $ Opportunity Analysis By Operating Speed, 2022 to 2032 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2017 to 2021 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2022 to 2032 7.3.1. Food & Beverage 7.3.2. Wire Harnessing 7.3.3. Industrial 7.3.4. Chemical 7.3.5. Glass & Ceramics 7.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2021 7.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2021 8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2022 to 2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia & Pacific 8.3.6. Middle East and Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By Machine Type 9.2.3. By Operating Speed 9.2.4. By Application 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Machine Type 9.3.3. By Operating Speed 9.3.4. By Application 9.4. Key Takeaways 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 10.2.1. By Country 10.2.1.1. Mexico 10.2.1.2. Brazil 10.2.1.3. Rest of Latin America 10.2.2. By Machine Type 10.2.3. By Operating Speed 10.2.4. By Application 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Machine Type 10.3.3. By Operating Speed 10.3.4. By Application 10.4. Key Takeaways 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. Italy 11.2.1.3. France 11.2.1.4. United Kingdom 11.2.1.5. Spain 11.2.1.6. BENELUX 11.2.1.7. Russia 11.2.1.8. Rest of Europe 11.2.2. By Machine Type 11.2.3. By Operating Speed 11.2.4. By Application 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Machine Type 11.3.3. By Operating Speed 11.3.4. By Application 11.4. Key Takeaways 12. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.2. By Machine Type 12.2.3. By Operating Speed 12.2.4. By Application 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Machine Type 12.3.3. By Operating Speed 12.3.4. By Application 12.4. Key Takeaways 13. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 13.2.1. By Country 13.2.1.1. India 13.2.1.2. ASEAN 13.2.1.3. Australia and New Zealand 13.2.1.4. Rest of South Asia & Pacific 13.2.2. By Machine Type 13.2.3. By Operating Speed 13.2.4. By Application 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Machine Type 13.3.3. By Operating Speed 13.3.4. By Application 13.4. Key Takeaways 14. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. Turkey 14.2.1.3. South Africa 14.2.1.4. Rest of Middle East and Africa 14.2.2. By Machine Type 14.2.3. By Operating Speed 14.2.4. By Application 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Machine Type 14.3.3. By Operating Speed 14.3.4. By Application 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. USA 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2021 15.1.2.1. By Machine Type 15.1.2.2. By Operating Speed 15.1.2.3. By Application 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2021 15.2.2.1. By Machine Type 15.2.2.2. By Operating Speed 15.2.2.3. By Application 15.3. Mexico 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2021 15.3.2.1. By Machine Type 15.3.2.2. By Operating Speed 15.3.2.3. By Application 15.4. Brazil 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2021 15.4.2.1. By Machine Type 15.4.2.2. By Operating Speed 15.4.2.3. By Application 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2021 15.5.2.1. By Machine Type 15.5.2.2. By Operating Speed 15.5.2.3. By Application 15.6. Italy 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2021 15.6.2.1. By Machine Type 15.6.2.2. By Operating Speed 15.6.2.3. By Application 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2021 15.7.2.1. By Machine Type 15.7.2.2. By Operating Speed 15.7.2.3. By Application 15.8. United Kingdom 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2021 15.8.2.1. By Machine Type 15.8.2.2. By Operating Speed 15.8.2.3. By Application 15.9. Spain 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2021 15.9.2.1. By Machine Type 15.9.2.2. By Operating Speed 15.9.2.3. By Application 15.10. BENELUX 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2021 15.10.2.1. By Machine Type 15.10.2.2. By Operating Speed 15.10.2.3. By Application 15.11. Russia 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2021 15.11.2.1. By Machine Type 15.11.2.2. By Operating Speed 15.11.2.3. By Application 15.12. China 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2021 15.12.2.1. By Machine Type 15.12.2.2. By Operating Speed 15.12.2.3. By Application 15.13. Japan 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2021 15.13.2.1. By Machine Type 15.13.2.2. By Operating Speed 15.13.2.3. By Application 15.14. South Korea 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2021 15.14.2.1. By Machine Type 15.14.2.2. By Operating Speed 15.14.2.3. By Application 15.15. India 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2021 15.15.2.1. By Machine Type 15.15.2.2. By Operating Speed 15.15.2.3. By Application 15.16. ASIAN 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2021 15.16.2.1. By Machine Type 15.16.2.2. By Operating Speed 15.16.2.3. By Application 15.17. Australia and New Zealand 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2021 15.17.2.1. By Machine Type 15.17.2.2. By Operating Speed 15.17.2.3. By Application 15.18. GCC Countries 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2021 15.18.2.1. By Machine Type 15.18.2.2. By Operating Speed 15.18.2.3. By Application 15.19. Turkey 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2021 15.19.2.1. By Machine Type 15.19.2.2. By Operating Speed 15.19.2.3. By Application 15.20. South Africa 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2021 15.20.2.1. By Machine Type 15.20.2.2. By Operating Speed 15.20.2.3. By Application 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Machine Type 16.3.3. By Operating Speed 16.3.4. By Application 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Plas-Ties, Co. 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. Tach-It 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. Kunshan Yuanhan Electronic Equipment 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. Hughes Enterprises 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. IPS Packaging 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. International Plastics Inc. 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. 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