Bag Clips Market: Overview
Bag Clips also known as bread clip or plastic clips are used to protect the freshness of the product and reuse of stored material. The market of bag clips is increasing with significant growth as its stable structure keep the food in bag well preserved and protects aroma, texture and taste of the food products. Therefore these clips help to enhance the product image. The preference of bag clips is increasing among the end users due to its easy customization and considered as effective marketing tool. The demand of bag clips is also increasing in household applications. The magnetic clips have strong holding power on a fridge, metal shelf or filing cabinet. The market of bag clips is dynamic. Many new players are entering into the market due to low manufacturing cost is incurred. With the changing trends of packaging, the key players are trying to develop bag clips with unique designs and innovative features as per the modern life style. Many bag clips consist of date features which give confirmation about storage period of the food. The clips made up of thick PP material is providing additional strength for gripping and sealing of the product compared to ordinary clips. Owing to its numerous benefits such as versatile use and durability, the market for bag clips is expected to increase in multiples during the forecast period
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Bag Clips Market: Dynamics
The low initial cost and time saving packaging approach drives the global market of bag clips. Furthermore, reusable package gives consumer the way to keep product from spilling when stored between the uses which act as a fuelling factor for the exponential growth of bag clips market. In addition to this, bag clips are manufactured from wood and recyclable plastic material which further drives the global market of bag clips. Increasing opportunities are witness for industrial bag clips which are available with unique alpha numeric codes and multiple colour coding. This helps the end users for effective material management during storage and transportation. These clips are metal detector compatible; hence increasing demand for bag clips is expected in electric and electronics industries. As the these clips can be applied with net bags, paper bags or film bags, the demand for bag clips is increasing continuously in FMCG sector. The these clips provide high quality platform for branding and promotions of the products hence it is widely accepted by all end users. As such clips are best suitable solution for dry food products such as chips, cereals, and dry fruits; the demand for bag clips is increasing with significant growth rate in food and beverages industries.
In spite of many advantages, few factors might hamper the growth of bag clips market such as replacement of these clips heat sealing technology and use of twist ties. However it is witness that due to easy sealing approach, the demand for bag clips is more in household applications.
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The bag clips with barcoding, and QR coding are the recent trends in the global market.
Bag Clips Market: Regional Overview
The bag clips are eco friendly product packaging solutions; hence surging demand for thses clips is witness in the developed countries such as the United States, and Canada. Increasing standard of living and disposable income of the consumer, the demand for bag clips is increasing in these countries. As per the Food Contact Material Regulations by FDA and plastic use regulations in European countries, the demand for wooden clips is dominating the market of bag clips. In Asia Pacific, the market of bag clips is moderately growing. In this region, more preference for heat sealing technology for bakery and other food products is witness; however it is expected that with the changing packaging trends, the demand for bag clips will increase in India and China during the forecast period. In Latin America, Brazil is the mature market for bag clips whereas new opportunities for advanced feature based bag clips are witness in Mexico market. Average demand for bag clips in Middle East and Africa market is forecasted in coming few years.
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Bag Clips Market: Key Players
The key players of bag clips market are as follows:
- Kwik Lok Corporation
- Shenzhen Hoersun Plastic and Molding Factory
- Klippit
- Polybags Limited
- Harrod Horticultural Ltd.
- The Gripstic