Market Overview:
The global cash & coin deposit bags market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cash & coin deposit bags from financial institutions, hospitals, casinos, hotels, retail chains and government organizations across the globe. In addition, rising adoption of cashless transactions is also propelling the demand for cash & coin deposit bags in various applications. Based on type, the global market for cash & coin deposit bags has been segmented into plastic, paper and fabric segments. Among these segments, plastic segment is expected to witness highest growth during the forecast period owing to its properties such as durability and water resistance. By application, financial institution segment dominates the global market for cash & coin deposit bags followed by hospitals and casinos segments respectively.
Product Definition:
Cash & Coin Deposit Bags are used to store cash and coins. They are important because they keep the money organized and safe.
Plastic:
Plastic is a durable, synthetic material that can be molded into various shapes. It has been used in making cash & coin deposit bags for over 5 decades and counting. The global market size spans the usage of plastic in money bags, packaging films, toys & sporting goods (injection-molded products), storage containers (drink cups/lids), and shopping bags among others.
Paper:
Paper is a thin material made from cellulose fibers and found in the form of sheets in nature. Cellulose fibers can be from natural sources such as wood, leaves, or cotton linter; or they can be manufactured materials known as paper pulp. Paper is available in various grades and types which are used for different applications based on their properties.
Application Insights:
The financial institutions segment dominated the global cash and coin deposit bags market, accounting for over 40% of the overall revenue in 2017. The growth can be attributed to increased use of these products by banks and other financial institutions at their offices or ATMs. In addition, growing preference for electronic banking has led to increase in demand for money bags at offices of various banks.
The hospitals segment is expected to grow significantly over the forecast period owing to rising awareness about efficient handling of currency and coins among patients as well as staff members. Furthermore, increasing number of surgeries being performed has led to an increase in number of hospital visits which results in increased usage of cash & coin deposit bags at hospitals across the globe.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to increasing demand for money management services and growing adoption of digital currency. Furthermore, high usage of cash and coin deposits for paying utility bills is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing number of ATMs, rising preference for electronic banking, and expanding retail sector in economies such as India, China, Japan etc., thereby driving demand from financial institutions & hospitals application segment. Moreover Currency Act 2011 has made it obligatory for all banks in Australia to use only cashless payment systems by January 1st 2018 which will further boost adoption rate across other industries such as hotels & restaurants or government organizations etc.
Growth Factors:
- Increasing demand for secure and convenient payment methods
- Rising awareness about the benefits of cash and coin deposit bags
- Growing popularity of online and mobile payments
- Proliferation of digital banking channels
- Emerging economies with high potential
Scope Of The Report
Report Attributes
Report Details
Report Title
Cash & Coin Deposit Bags Market Research Report
By Type
Plastic, Paper, Fabric
By Application
Financial Institution, Hospitals, Casinos, Hotels, Retail Chains, Government Organization, Courier Services Companies, Others
By Companies
ProAmpac, Coveris, Dynaflex, NELMAR, Truseal, Initial Packaging Solutions, A. Rifkin, Packaging Horizons, ProAmpac
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Cash & Coin Deposit Bags Market Report Segments:
The global Cash & Coin Deposit Bags market is segmented on the basis of:
Types
Plastic, Paper, Fabric
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Financial Institution, Hospitals, Casinos, Hotels, Retail Chains, Government Organization, Courier Services Companies, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ProAmpac
- Coveris
- Dynaflex
- NELMAR
- Truseal
- Initial Packaging Solutions
- A. Rifkin
- Packaging Horizons
- ProAmpac
Highlights of The Cash & Coin Deposit Bags Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic
- Paper
- Fabric
- By Application:
- Financial Institution
- Hospitals
- Casinos
- Hotels
- Retail Chains
- Government Organization
- Courier Services Companies
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cash & Coin Deposit Bags Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cash & Coin Deposit Bags are a safe and convenient way to store your cash and coins. The bags are made of durable, heavy-duty fabric and come in a variety of colors.
Some of the major companies in the cash & coin deposit bags market are ProAmpac, Coveris, Dynaflex, NELMAR, Truseal, Initial Packaging Solutions, A. Rifkin, Packaging Horizons, ProAmpac.
The cash & coin deposit bags market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cash & Coin Deposit Bags Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cash & Coin Deposit Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cash & Coin Deposit Bags Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cash & Coin Deposit Bags Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cash & Coin Deposit Bags Market Size & Forecast, 2020-2028
4.5.1 Cash & Coin Deposit Bags Market Size and Y-o-Y Growth
4.5.2 Cash & Coin Deposit Bags Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plastic
5.2.2 Paper
5.2.3 Fabric
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Financial Institution
6.2.2 Hospitals
6.2.3 Casinos
6.2.4 Hotels
6.2.5 Retail Chains
6.2.6 Government Organization
6.2.7 Courier Services Companies
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cash & Coin Deposit Bags Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cash & Coin Deposit Bags Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plastic
9.6.2 Paper
9.6.3 Fabric
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Financial Institution
9.10.2 Hospitals
9.10.3 Casinos
9.10.4 Hotels
9.10.5 Retail Chains
9.10.6 Government Organization
9.10.7 Courier Services Companies
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plastic
10.6.2 Paper
10.6.3 Fabric
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Financial Institution
10.10.2 Hospitals
10.10.3 Casinos
10.10.4 Hotels
10.10.5 Retail Chains
10.10.6 Government Organization
10.10.7 Courier Services Companies
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plastic
11.6.2 Paper
11.6.3 Fabric
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Financial Institution
11.10.2 Hospitals
11.10.3 Casinos
11.10.4 Hotels
11.10.5 Retail Chains
11.10.6 Government Organization
11.10.7 Courier Services Companies
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plastic
12.6.2 Paper
12.6.3 Fabric
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Financial Institution
12.10.2 Hospitals
12.10.3 Casinos
12.10.4 Hotels
12.10.5 Retail Chains
12.10.6 Government Organization
12.10.7 Courier Services Companies
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plastic
13.6.2 Paper
13.6.3 Fabric
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Financial Institution
13.10.2 Hospitals
13.10.3 Casinos
13.10.4 Hotels
13.10.5 Retail Chains
13.10.6 Government Organization
13.10.7 Courier Services Companies
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cash & Coin Deposit Bags Market: Competitive Dashboard
14.2 Global Cash & Coin Deposit Bags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ProAmpac
14.3.2 Coveris
14.3.3 Dynaflex
14.3.4 NELMAR
14.3.5 Truseal
14.3.6 Initial Packaging Solutions
14.3.7 A. Rifkin
14.3.8 Packaging Horizons
14.3.9 ProAmpac
