Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Twist Tie Market Scenario Highlighting Market Demand and Major Drives | Forecast - 2029

Author: Umesh Babar
by Umesh Babar
Posted: Aug 11, 2019

Twist Tie Market: An Overview

Twist tie is a strip of metal which is enclosed in a plastic or paper. It is generally used to tie the openings of bags such as bread bags, cellophane, trash or garbage bags. Twist tie is wrapped around the product which needs to be fastened and the end of twist tie are twisted together. Twist ties are available in the market as both pre-cut 4 inches, 5 inches or 6 inches length and in a large spool format. Twist ties are useful in various applications and cater to multiple industries including, food, electrical & electronics, automotive, consumer goods, cloths & apparels, and chemicals & fertilizers among others. Plastic or poly coated twist ties are far better than uncoated paper twist ties. As the former one possess water resistant capability. The outlook for the global twist tie market is expected to be positive during the next decade.

Download sample copy of this report:

Twist Tie Market: Dynamics

The twist tie market is expected to expand on the backdrop of rising demand from consumer durables & electronic goods industry, food sector, and other industries. In the electrical & electronics industry, wires, chargers, earphones & headphones and other wired products are generally tied with a twist tie to keep them untangled. This factor is likely to drive the demand for the global twist tie market during the forecast period. Also, twist ties are used in various grocery shops, shopping complexes and other places to tie the opening of bags filled with grains, pulses, and goods such as packs of bread and others. Twist tie machines are available in the market which helps in tying the openings of bags at the places where twist ties are used in large volume every day. Also, unlike other alternatives such as cable tie, wire tie or hose tie among others that it can be reused again and again. These factors are expected to propel the demand for the global twist tie market during the forecast period. Overall the global twist tie market is expected to witness positive growth prospects during the next decade.

Regional Outlook

The Asian region is expected to lead the global twist tie market during the next decade. It is owing to rapid growth in industrialization and high growth in food, electrical & electronics industry in the region. China and India are anticipated to drive the growth of the twist tie market in the region. North America region is expected to fuel the global twist tie market. It is attributed to the high demand of twist tie created by industries such as food, groceries and electronics among others. Similar trend is followed by European countries including Germany, Italy, France, the U.K., and Spain among others. In these countries, twist ties are mostly used in food and electronic sector. Here consumption of bread is very high, twist tie is employed to tie open mouth of bread bags. This factor is expected to drive the growth prospects of the global twist tie market during the forecast period. MEA region is expected to witness average growth in the twist tie market during the forecast period.

Buy Now to Get 10% Off and Free Customization as per Requirement:

Twist Tie Market: Key Players

Some of the leading players operating in the global twist tie market are:

  • International Plastics Inc.
  • Associated Bag
  • ClearBags
  • Bedford Industries
  • Anchor Bag
  • Leco Plastics, Inc.
  • Save Ties
About the Author

Persistence Market Research (Pmr) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Author: Umesh Babar

Umesh Babar

Member since: May 15, 2018
Published articles: 371

Related Articles