The global slider bags market size is expected to reach USD 25.62 billion by 2032, according to a new study by Polaris Market Research. The report “Slider Bags Market Share, Size, Trends, Industry Analysis Report, By Material Type (Polyethylene, Polypropylene, Polyethylene Terephthalate (PET), and Polyvinyl Chloride (PVC)); By Product Type; By End-Use; By Capacity; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing use of slider bags across various verticals such as pharmaceuticals and industrial goods is driving the market growth over the forecast period. Due to their moisture-sealing capabilities, slider bags are in high demand among producers serving the pharmaceutical and food industries. Among flexible packages, resealable and shrink-wrapped packaging are popular choices. One of the key reasons for boosting the growth rate over the projection period is the high demand for pharmaceutical products, such as antibiotics, pain relievers, and anti-inflammatory medicines. Pharmaceutical goods are commonly packaged in slider bags. These slider bags have a tamper-proof sealing mechanism that shields clients from unsanitary conditions and prohibits any form of tampering.
Furthermore, Industrial items like adhesives, cement powders, and lubricating oil, among others, are wrapped using slider bags since they are lightweight and more affordable than other forms of packaging materials like tins, glass bottles, metal cans, etc. The introduction of newer alternatives to conventional supplies by businesses has been prompted by consumers' growing awareness of environmentally friendly options combined with rising disposable incomes. Throughout the forecast period, this is expected to create numerous opportunities for market participants.
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Additionally, Slider bags are being more widely utilized across a variety of industries owing to their packaging advantages, but growing worries about the use of plastic in manufacturing are likely to have a detrimental effect on the market's expansion globally. Governments in many places have implemented strict laws, which have further encouraged producers to use biodegradable materials to make packaging. During the duration of the assessment, this is projected to severely restrain the expansion of the worldwide slider bag market.
Slider Bags Market Report Highlights
Polaris Market Research has segmented the slider bags market report based on product type, material type, end-use, capacity, and region:
Slider Bags, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)
Slider Bags, Material Type Outlook (Revenue - USD Billion, 2019 - 2032)
Slider Bags, Capacity Outlook (Revenue - USD Billion, 2019 - 2032)
Slider Bags, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
Slider Bags, Regional Outlook (Revenue - USD Billion, 2019 - 2032)