Twist Tie Machines Market: Overview
The technological innovations in-store or online, coupled with shifting demands of the consumer will reshape the future packaging industry. In the supermarkets or grocery stores, the demand for twist tie machines is rising exponentially. The widespread shopping of food including cereals, grains, beans and others are driving the demand for the twist tie machines globally. Twist tie machines ease the process to tie a knot of packages. Twist tie machines are globally accepted by almost all supermarket chains to enhance productivity. This machine works with plastic/paper standard twist tie ribbons, decorative twist tie ribbons and other types of ribbons. The twist tie machines are perfect for various applications including food, bakery & confectionery, wire harnessing & assembly and industrial. These machines can be automatic or semi-automatic as per the requirement of the customer. The outlook for the global twist tie machines is expected to be positive during the forecast period.
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Twist Tie Machines Market: Dynamics
he major reason for the growth of the global twist tie machines in the market is the amount of time it saves across the conveyor. In a production line, an employee who is not using the twist tie machine is much less efficient than the one who is using the twist tie machine in order to twist off the ties. The twist tie machines are available in different diameter for tying the different sized packages. Twist tie machines are not only manufactured for the supermarkets or grocery stores, but also for the food industries and warehouses where large volumes of packaging have been done. These factors are expected to drive the global twist tie machines market during the forecast period. Also, twist tie machines come with adjustable ribbon length, which ensures the economical use of ribbons. The twist tie machines have different operating speeds as per the requirement. They have an operating speed of 50 bags per minute to 200 bags per minute. The demand for the twist tie machines is continuously rising on the backdrop of rising establishments of supermarkets, grocery stores across the globe. These factors are expected to fuel the global twist tie machines market growth during the forecast period.
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Twist Tie Machines Market: Segmentation
Globally, the twist tie machines market has been segmented on the basis of machine type, operating speed, application and region:
On the basis of machine type, the global twist tie machines market has been segmented as:
On the basis of operating speed, the global twist tie machines market has been segmented as:
- Less than 50 bags/min
- 51 to 100 bags/min
- 101 to 150 bags/min
- 151 to 200 bags/min
- 200 bags & above
On the basis of application, the global twist tie machines market has been segmented as:
- Food & Beverage
- Wire Harnessing
- Glass & Ceramics
Asia region is expected to drive the demand for the twist tie machines market during the forecast period. It is owing to the establishment of supermarkets, malls, shopping complex and grocery stores in the region coupled with rapid globalization and industrialization across the countries such as India, China, Thailand, Malaysia, Singapore, and Indonesia among others. The region is closely followed by Europe and North America. The countries in these two regions are technologically advanced and were the first to adopt the twist tie machines. The U.S., Canada, Germany, Italy, France, the U.K., and Benelux among others have a high installed base of twist tie machines, attributed to the large pool of shopping complexes, hypermarkets, supermarket in the region. MEA region is expected to witness above-average demand for the global twist tie machines demand during the forecast period.
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Twist Tie Machines Market: Key Players
Some of the leading players operating in the global twist tie machines market are:
- Plas-Ties, Co.
- Zhenjiang Hongda Commodity
- Kunshan Yuanhan Electronic Equipment
- Hughes Enterprises
- IPS Packaging
- International Plastics Inc.