Global Twist Tie Market Research Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Packaging
Publisher : MRA | Format : PDF
Global Twist Tie Market Research Report 2024
A twist tie is a fastener made of one or more metal wires encased in a thin strip of paper or plastic, in such a way that it can bend and retain its shape. It is used to tie the openings of containers including bags, such as garbage bags or bread bags. It is also called garden twist wire. A twist tie is used by wrapping it around the item to be fastened, then twisting the ends together.They are often included with boxes of plastic food bags or trash bags, and are commonly available individually in pre-cut lengths, on large spools, or in perforated sheets called gangs.
According to MRAResearch’s new survey, global Twist Tie market is projected to reach US$ 135.5 million in 2029, increasing from US$ 105 million in 2022, with the CAGR of 3.7% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Twist Tie market research.
The global twist tie market refers to the industry that encompasses the production, distribution, and consumption of twist ties on a global scale. The global twist tie market has been growing steadily, driven by the rising demand for packaged goods across various industries. The market size is influenced by factors such as population growth, urbanization, increased consumer convenience expectations, and the expansion of e-commerce. The market for twist ties is spread across different regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe have traditionally been significant contributors to the market due to well-established industries and packaging standards. However, emerging economies in Asia Pacific, such as China and India, are now witnessing a surge in demand for twist ties due to the growing manufacturing and packaged food sectors. The demand for twist ties is primarily driven by the food and beverage industry, which requires secure and hygienic packaging for various products. This includes packaged bread, confectionery, snacks, fruits, vegetables, and other perishable goods. Additionally, other sectors such as gardening, agriculture, electronics, and manufacturing also contribute to the demand for twist ties. Twist ties are typically made from materials such as plastic-coated wire or paper. However, in recent years, there has been a shift towards more sustainable options. Many manufacturers are exploring biodegradable materials, such as plant-based plastics, recycled paper, or natural fibers, to meet the growing demand for eco-friendly packaging solutions. The global twist tie market is fragmented, with numerous manufacturers operating at both regional and international levels. These manufacturers offer a wide range of products, including different lengths, colors, and printing options, catering to the diverse needs of customers. With the constant evolution of packaging technology, twist tie manufacturers are focusing on innovation. This includes introducing advanced closure mechanisms, easy-grip handles, tear-away functionalities, and other features that enhance convenience and usability for consumers.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Twist Tie market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Bedford
Hanscom, Inc.
AR-BEE Transparent Products, Inc.
Universal Plastic Bag Co.
Alpha Packaging, Inc.
Riverside Paper Co.
Andler Packaging Group
Clear View Bag Co., Inc.
Thai Coated Wire
WSK
Segment by Type
Metallic
Spool
Paper
Plastic
Food & Beverage
Chemical Industry
Others
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
The Twist Tie report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source
According to MRAResearch’s new survey, global Twist Tie market is projected to reach US$ 135.5 million in 2029, increasing from US$ 105 million in 2022, with the CAGR of 3.7% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Twist Tie market research.
The global twist tie market refers to the industry that encompasses the production, distribution, and consumption of twist ties on a global scale. The global twist tie market has been growing steadily, driven by the rising demand for packaged goods across various industries. The market size is influenced by factors such as population growth, urbanization, increased consumer convenience expectations, and the expansion of e-commerce. The market for twist ties is spread across different regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe have traditionally been significant contributors to the market due to well-established industries and packaging standards. However, emerging economies in Asia Pacific, such as China and India, are now witnessing a surge in demand for twist ties due to the growing manufacturing and packaged food sectors. The demand for twist ties is primarily driven by the food and beverage industry, which requires secure and hygienic packaging for various products. This includes packaged bread, confectionery, snacks, fruits, vegetables, and other perishable goods. Additionally, other sectors such as gardening, agriculture, electronics, and manufacturing also contribute to the demand for twist ties. Twist ties are typically made from materials such as plastic-coated wire or paper. However, in recent years, there has been a shift towards more sustainable options. Many manufacturers are exploring biodegradable materials, such as plant-based plastics, recycled paper, or natural fibers, to meet the growing demand for eco-friendly packaging solutions. The global twist tie market is fragmented, with numerous manufacturers operating at both regional and international levels. These manufacturers offer a wide range of products, including different lengths, colors, and printing options, catering to the diverse needs of customers. With the constant evolution of packaging technology, twist tie manufacturers are focusing on innovation. This includes introducing advanced closure mechanisms, easy-grip handles, tear-away functionalities, and other features that enhance convenience and usability for consumers.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Twist Tie market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Bedford
Hanscom, Inc.
AR-BEE Transparent Products, Inc.
Universal Plastic Bag Co.
Alpha Packaging, Inc.
Riverside Paper Co.
Andler Packaging Group
Clear View Bag Co., Inc.
Thai Coated Wire
WSK
Segment by Type
Metallic
Spool
Paper
Plastic
Segment by Application
Food & Beverage
Chemical Industry
Others
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
The Twist Tie report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source
Electronic and Semiconductor
Food and Beverages
Chemicals and Materials
Consumer Goods
Construction Manufacturing
Aerospace and Defence
Energy and Power
ICT Media
Banking and Finance
Automotive and Transportation
Machinery and Equipments
Pharmaceutical and Healthcare
Medical Devices