Global Twist Tie Market Insights, Forecast to 2034
Published on: 2024-01-04 | No of Pages : 400 | Industry : Packaging
Publisher : MRA | Format : PDF
Global Twist Tie Market Insights, Forecast to 2034
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.
Global Twist Tie market is expected to reach to US$ 109 million in 2023, with a positive growth of %, compared with US$ 105 million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, Twist Tie industry is evaluated to reach US$ 135.5 million in 2029. The CAGR will be 3.7% during 2023 to 2029.
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 Covers
This report presents an overview of global Twist Tie market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global Twist Tie market with multiple angles. Items like regional sales, revenue from 2018 to 2029 and manufacturers’ sales, price, revenue and gross margin from 2018 to 2023 are analyzed. In addition, sales and revenue of product type and application in each region from 2018 to 2029 are also highlighted.
Manufacturers, Type, Application and Regions Listed in the Report
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
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter 1Product definition, type and application introduction
Chapter 2Regional revenue and sales volume analysis from 2018 to 2029
Chapter 3Manufacturers’ sales, revenue and price analysis, including manufacturers’ Twist Tie plant distribution, commercial date of Twist Tie, product type offered, Mergers & Acquisitions and expansion activities.
Chapter 4Product sales, revenue and price analysis by type from 2018 to 2029 globally
Chapter 5Product sales, revenue and price analysis by application from 2018 to 2029 globally
Chapter 6Product sales, revenue analysis by type and application from 2018 to 2029 in US & Canada. Product sales and revenue analysis of each country in US & Canada from 2018 to 2029
Chapter 7Product sales, revenue analysis by type and application from 2018 to 2029 in Europe. Product sales and revenue analysis of each country in Europe from 2018 to 2029
Chapter 8Product sales, revenue analysis by type and application from 2018 to 2029 in China. Product sales and revenue analysis of China from 2018 to 2029
Chapter 9Product sales, revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product sales and revenue analysis of each country in Asia (excluding China) from 2018 to 2029
Chapter 10Product sales, revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product sales and revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.
Chapter 11Manufacturers’ outline, covering company’s basic information, major business, Twist Tie introduction, etc. Twist Tie Sales, Revenue, Price and Gross Margin of each company from 2018 to 2023
Chapter 12Industry chain analysis, like raw materials, manufacturing cost. Market channel, distributors and customers analysis
Chapter 13Market opportunities and challenges analysis
Chapter 14MRAResearch’s Conclusions of Twist Tie
Chapter 15Methodology and Data Sources adopted by MRAResearch
Global Twist Tie market is expected to reach to US$ 109 million in 2023, with a positive growth of %, compared with US$ 105 million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, Twist Tie industry is evaluated to reach US$ 135.5 million in 2029. The CAGR will be 3.7% during 2023 to 2029.
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 Covers
This report presents an overview of global Twist Tie market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global Twist Tie market with multiple angles. Items like regional sales, revenue from 2018 to 2029 and manufacturers’ sales, price, revenue and gross margin from 2018 to 2023 are analyzed. In addition, sales and revenue of product type and application in each region from 2018 to 2029 are also highlighted.
Manufacturers, Type, Application and Regions Listed in the Report
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
Segment by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1Product definition, type and application introduction
Chapter 2Regional revenue and sales volume analysis from 2018 to 2029
Chapter 3Manufacturers’ sales, revenue and price analysis, including manufacturers’ Twist Tie plant distribution, commercial date of Twist Tie, product type offered, Mergers & Acquisitions and expansion activities.
Chapter 4Product sales, revenue and price analysis by type from 2018 to 2029 globally
Chapter 5Product sales, revenue and price analysis by application from 2018 to 2029 globally
Chapter 6Product sales, revenue analysis by type and application from 2018 to 2029 in US & Canada. Product sales and revenue analysis of each country in US & Canada from 2018 to 2029
Chapter 7Product sales, revenue analysis by type and application from 2018 to 2029 in Europe. Product sales and revenue analysis of each country in Europe from 2018 to 2029
Chapter 8Product sales, revenue analysis by type and application from 2018 to 2029 in China. Product sales and revenue analysis of China from 2018 to 2029
Chapter 9Product sales, revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product sales and revenue analysis of each country in Asia (excluding China) from 2018 to 2029
Chapter 10Product sales, revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product sales and revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.
Chapter 11Manufacturers’ outline, covering company’s basic information, major business, Twist Tie introduction, etc. Twist Tie Sales, Revenue, Price and Gross Margin of each company from 2018 to 2023
Chapter 12Industry chain analysis, like raw materials, manufacturing cost. Market channel, distributors and customers analysis
Chapter 13Market opportunities and challenges analysis
Chapter 14MRAResearch’s Conclusions of Twist Tie
Chapter 15Methodology and Data Sources adopted by MRAResearch