Global Bag Closures Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Clip - Clip Band & Multi Clip, Pre-Cut Twist Ties - Twist Band/Twist Strip, and Tin Tie.

By Material Type;

Plastic - Plastic, Paper & Paperboard, and Metal.

By Application;

Food - Bakery & Confectionery, Fruits & Vegetables, Meat, Poultry & Seafood, Ready-to-Eat Food, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn162935046 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Bag Closures Market (USD Million), 2021 - 2031

In the year 2024, the Global Bag Closures Market was valued at USD 219.43 million. The size of this market is expected to increase to USD 321.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.

The global bag closures market is a dynamic sector within the packaging industry, characterized by the production and distribution of closures used in various types of bags. Bag closures play a crucial role in maintaining product freshness, preventing spillage, and ensuring convenient handling during transportation and storage. With the escalating demand for packaged goods across multiple industries such as food and beverage, pharmaceuticals, and consumer goods, the bag closures market has witnessed significant growth and innovation in recent years. Manufacturers in this market continually strive to develop advanced closure solutions that meet evolving consumer preferences, regulatory requirements, and sustainability goals.

Key factors driving the growth of the global bag closures market include the rising adoption of flexible packaging solutions, increasing consumer awareness regarding food safety and hygiene, and the expanding e-commerce sector. Additionally, advancements in manufacturing technologies, such as automation and digital printing, have enabled bag closure manufacturers to enhance production efficiency and offer customized solutions to their clients. Moreover, the growing focus on sustainable packaging practices has spurred the development of eco-friendly closure materials and recycling initiatives, thereby shaping the landscape of the bag closures market towards more environmentally responsible solutions.

In terms of market segmentation, the global bag closures market encompasses a wide range of closure types, including zippers, sliders, clips, and tapes, catering to diverse applications such as food packaging, pet food, agricultural products, and industrial materials. Geographically, Asia Pacific emerges as a prominent region in the bag closures market, driven by rapid industrialization, urbanization, and the increasing disposable income of consumers. However, other regions such as North America and Europe also hold significant market share, propelled by the presence of established packaging industries and stringent regulatory frameworks. As the demand for convenient and sustainable packaging solutions continues to rise, the global bag closures market is poised for further expansion and innovation in the foreseeable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Material Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Bag Closures Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Environmental Consciousness
        2. Rising Demand for Convenience
        3. Innovation in Packaging Design
      2. Restraints
        1. Regulatory Compliance Challenges
        2. Cost and Affordability Concerns
        3. Supply Chain Disruptions
      3. Opportunities
        1. Emerging Markets and Untapped Segments
        2. Expansion of E-commerce
        3. Focus on Recyclability and Biodegradability
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Bag Closures Market, By Product, 2021 - 2031 (USD Million)
      1. Clip - Clip Band & Multi clip
      2. Pre-cut Twist Ties - Twist band/Twist strip
      3. Tin Tie
    2. Global Bag Closures Market, By Material Type, 2021 - 2031 (USD Million)
      1. Plastic
      2. Paper & Paperboard
      3. Metal
    3. Global Bag Closures Market, By Application, 2021 - 2031 (USD Million)
      1. Food
      2. Bakery & Confectionery
      3. Fruits & Vegetables
      4. Meat
      5. Poultry & Seafood
      6. Ready-to-Eat Food
      7. Others
    4. Global Bag Closures Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Plas-Ties, Co.,
      2. Kwik Lok Corporation
      3. Schutte Bagclosures B.V.
      4. Bedford Industries, Inc.
      5. Multipack B.V.B.A.
  7. Analyst Views
  8. Future Outlook of the Market