PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1104501
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1104501
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Global Cash and Coin Deposit Bags Market to Reach $506.9 Million by 2027
In the changed post COVID-19 business landscape, the global market for Cash and Coin Deposit Bags estimated at US$372 Million in the year 2020, is projected to reach a revised size of US$506.9 Million by 2027, growing at aCAGR of 4.5% over the period 2020-2027. Opaque, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$400.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Clear segment is readjusted to a revised 3.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $101.7 Million, While China is Forecast to Grow at 6.6% CAGR
The Cash and Coin Deposit Bags market in the U.S. is estimated at US$101.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$72.2 Million by the year 2027 trailing a CAGR of 6.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 3.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
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