The global demand for Cash-in Transit Bags Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Million Units in 2021 and forecast to touch XX Million Units by 2028 with a CAGR of XX% during 2022-2028.
Cash-in transit bags transfer coins, banknotes, credit cards, and valuables from one location to another. Cash-in transit bags are lightweight and largely used in financial institutions, casinos, retail chains, academic institutions, hospitals, government organizations, and other businesses dealing large amounts of cash. Cash-in transit bags have strong zips and closures and an anti-theft smoke hole in the top with a secure lock.
Market Dynamics
The high transportation of cash worldwide is one of the major factors driving the growth of cash-in transit bags. Moreover, rising concern about the safe and secure movement of cash from one place to another is fueling the demand for cash-in transit bags. Cash-in transit bags offer added value and provide features like high security and biodegradability that contribute to the market's growth. On the contrary, the rise in the number of banks, retailers, local organizations & authorities is further anticipated to provide lucrative market opportunities for the key players in the cash-in-transit bags market over the upcoming years. Furthermore, the growth of the casino industry is driving the need for transportation of cash to and from casinos. This is increasing the demand for cash-in transit bags. However, the rising usage of mobile phones for payment worldwide might hamper the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cash-in transit bags. The growth and trends of Cash-in Transit Bags Industry provide a holistic approach to this study.
Market Segmentation
This section of the cash-in transit bags market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Bag Type
- Deposit Bags
- Shipping Bags
- Coin Bags
- Strap Bags
- Stock Bags
- Custom Bags
By Material
- Plastic Bags
- Paper Bags
- Fabric Bags
By End-User
- Financial Institutions
- Hospitals
- Casinos
- Hotels
- Retail Chains
- Government Organizations
- Courier Services
- Academic Institutions
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Cash-in Transit Bags market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Cash-in Transit Bags Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cash-in transit bags market include ProAmpac LLC, Coveris Holdings S.A (EUROPE), Dynaflex Pvt. Ltd. (INDIA), Nelmar Security Packaging Systems Inc., Korozo Ambalaj Sa San.ve Tic A.S., Truseal (pty) Ltd., Illinois Tool Works Ltd. (Security4Transit), Initial Packaging Solutions Ltd. (U.K), A. Rifkin Co. (United States), Packaging Horizons Corp (USA), Harcor (Australia), Leghorn Srl. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Frequently Asked Questions (FAQs) about this Report
b. For the year 2021, the global market size for cash-in transit bags was valued at USD 410.8 Million.
b. The global cash-in transit bags market growth is estimated to be close to 5.2% between 2023 and 2028.
b. In the global cash-in transit bags market, Europe holds the largest market share.
b. The global cash-in transit bags market is segmented by Bag Type (Deposit Bags, Shipping Bags, Coin Bags, Strap Bags, Stock Bags, Custom Bags), by Material (Plastic Bags, Paper Bags, Fabric Bags), by End-user (Financial Institutions, Hospitals, Casinos, Hotels, Retail Chains, Government Organizations, Courier Services, Academic Institutions).
b. The leading players in the global cash-in transit bags market are ProAmpac LLC, Coveris Holdings S.A (EUROPE), Dynaflex Pvt. Ltd. (INDIA), Nelmar Security Packaging Systems Inc., Korozo Ambalaj Sa San.ve Tic A.S., Truseal (pty) Ltd., Illinois Tool Works Ltd. (Security4Transit), Initial Packaging Solutions Ltd. (U.K), A. Rifkin Co. (United States), Packaging Horizons Corp (USA), Harcor (Australia), Leghorn Srl.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . CASH-IN TRANSIT BAGS – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Bag Type
3.7.2 Market Attractiveness Analysis By Material
3.7.3 Market Attractiveness Analysis By End-user
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL CASH-IN TRANSIT BAGS MARKET ANALYSIS BY BAG TYPE
6.1 Overview by Bag Type
6.2 Historical and Forecast Data
6.3 Analysis by Bag Type
6.4 Deposit Bags Historic and Forecast Sales by Regions
6.5 Shipping Bags Historic and Forecast Sales by Regions
6.6 Coin Bags Historic and Forecast Sales by Regions
6.7 Strap Bags Historic and Forecast Sales by Regions
6.8 Stock Bags Historic and Forecast Sales by Regions
6.9 Custom Bags Historic and Forecast Sales by Regions
7 . GLOBAL CASH-IN TRANSIT BAGS MARKET ANALYSIS BY MATERIAL
7.1 Overview by Material
7.2 Historical and Forecast Data
7.3 Analysis by Material
7.4 Plastic Bags Historic and Forecast Sales by Regions
7.5 Paper Bags Historic and Forecast Sales by Regions
7.6 Fabric Bags Historic and Forecast Sales by Regions
8 . GLOBAL CASH-IN TRANSIT BAGS MARKET ANALYSIS BY END-USER
8.1 Overview by End-user
8.2 Historical and Forecast Data
8.3 Analysis by End-user
8.4 Financial Institutions Historic and Forecast Sales by Regions
8.5 Hospitals Historic and Forecast Sales by Regions
8.6 Casinos Historic and Forecast Sales by Regions
8.7 Hotels Historic and Forecast Sales by Regions
8.8 Retail Chains Historic and Forecast Sales by Regions
8.9 Government Organizations Historic and Forecast Sales by Regions
8.10. Courier Services Historic and Forecast Sales by Regions
8.11 Academic Institutions Historic and Forecast Sales by Regions
9 . GLOBAL CASH-IN TRANSIT BAGS MARKET ANALYSIS BY GEOGRAPHY
9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
9.3.1. Overview, Historic and Forecast Data Sales Analysis
9.3.2. North America By Segment Sales Analysis
9.3.3. North America By Country Sales Analysis
9.3.4. United State Sales Analysis
9.3.5. Canada Sales Analysis
9.3.6. Mexico Sales Analysis
9.4. Europe Sales Analysis
9.4.1. Overview, Historic and Forecast Data Sales Analysis
9.4.2. Europe by Segment Sales Analysis
9.4.3. Europe by Country Sales Analysis
9.4.4. United Kingdom Sales Analysis
9.4.5. France Sales Analysis
9.4.6. Germany Sales Analysis
9.4.7. Italy Sales Analysis
9.4.8. Russia Sales Analysis
9.4.9. Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
9.5.1. Overview, Historic and Forecast Data Sales Analysis
9.5.2. Asia Pacific by Segment Sales Analysis
9.5.3. Asia Pacific by Country Sales Analysis
9.5.4. China Sales Analysis
9.5.5. India Sales Analysis
9.5.6. Japan Sales Analysis
9.5.7. South Korea Sales Analysis
9.5.8. Australia Sales Analysis
9.5.9. Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
9.6.1. Overview, Historic and Forecast Data Sales Analysis
9.6.2. Latin America by Segment Sales Analysis
9.6.3. Latin America by Country Sales Analysis
9.6.4. Brazil Sales Analysis
9.6.5. Argentina Sales Analysis
9.6.6. Peru Sales Analysis
9.6.7. Chile Sales Analysis
9.6.8. Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
9.7.1. Overview, Historic and Forecast Data Sales Analysis
9.7.2. Middle East & Africa by Segment Sales Analysis
9.7.3. Middle East & Africa by Country Sales Analysis
9.7.4. Saudi Arabia Sales Analysis
9.7.5. UAE Sales Analysis
9.7.6. Israel Sales Analysis
9.7.7. South Africa Sales Analysis
9.7.8. Rest Of Middle East And Africa Sales Analysis
10 . COMPETITIVE LANDSCAPE OF THE CASH-IN TRANSIT BAGS COMPANIES
10.1. Cash-In Transit Bags Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments
11 . COMPANY PROFILES OF CASH-IN TRANSIT BAGS INDUSTRY
11.1. Company Share Analysis
11.2. Market Concentration Rate
11.3. ProAmpac LLC
11.3.1. Company Overview
11.3.2. Company Revenue
11.3.3. Products
11.3.4. Recent Developments
11.4. Coveris Holdings S.A (EUROPE)
11.4.1. Company Overview
11.4.2. Company Revenue
11.4.3. Products
11.4.4. Recent Developments
11.5. Dynaflex Pvt. Ltd. (INDIA)
11.5.1. Company Overview
11.5.2. Company Revenue
11.5.3. Products
11.5.4. Recent Developments
11.6. Nelmar Security Packaging Systems Inc.
11.6.1. Company Overview
11.6.2. Company Revenue
11.6.3. Products
11.6.4. Recent Developments
11.7. Korozo Ambalaj Sa San.ve Tic A.S.
11.7.1. Company Overview
11.7.2. Company Revenue
11.7.3. Products
11.7.4. Recent Developments
11.8. Truseal (pty) Ltd.
11.8.1. Company Overview
11.8.2. Company Revenue
11.8.3. Products
11.8.4. Recent Developments
11.9. Illinois Tool Works Ltd. (Security4Transit)
11.9.1. Company Overview
11.9.2. Company Revenue
11.9.3. Products
11.9.4. Recent Developments
11.10. Initial Packaging Solutions Ltd. (U.K)
11.10.1. Company Overview
11.10.2. Company Revenue
11.10.3. Products
11.10.4. Recent Developments
11.11. A. Rifkin Co. (United States)
11.11.1. Company Overview
11.11.2. Company Revenue
11.11.3. Products
11.11.4. Recent Developments
11.12. Packaging Horizons Corp (USA)
11.12.1. Company Overview
11.12.2. Company Revenue
11.12.3. Products
11.12.4. Recent Developments
11.13. Harcor (Australia)
11.13.1. Company Overview
11.13.2. Company Revenue
11.13.3. Products
11.13.4. Recent Developments
11.14. Leghorn Srl.
11.14.1. Company Overview
11.14.2. Company Revenue
11.14.3. Products
11.14.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Bag Type (Million Units and USD MN)
- Deposit Bags Market Sales by Geography (Million Units and USD MN)
- Shipping Bags Market Sales by Geography (Million Units and USD MN)
- Coin Bags Market Sales by Geography (Million Units and USD MN)
- Strap Bags Market Sales by Geography (Million Units and USD MN)
- Stock Bags Market Sales by Geography (Million Units and USD MN)
- Custom Bags Market Sales by Geography (Million Units and USD MN)
- Analysis Market by Material (Million Units and USD MN)
- Plastic Bags Market Sales by Geography (Million Units and USD MN)
- Paper Bags Market Sales by Geography (Million Units and USD MN)
- Fabric Bags Market Sales by Geography (Million Units and USD MN)
- Analysis by End-user (Million Units and USD MN)
- Financial Institutions Market Sales by Geography (Million Units and USD MN)
- Hospitals Market Sales by Geography (Million Units and USD MN)
- Casinos Market Sales by Geography (Million Units and USD MN)
- Hotels Market Sales by Geography (Million Units and USD MN)
- Retail Chains Market Sales by Geography (Million Units and USD MN)
- Government Organizations Market Sales by Geography (Million Units and USD MN)
- Courier Services Market Sales by Geography (Million Units and USD MN)
- Academic Institutions Market Sales by Geography (Million Units and USD MN)
- Global Cash-In Transit Bags Market Sales by Geography (Million Units and USD MN)
- North America Market Analysis (Million Units and USD MN)
- United State Market Analysis (Million Units and USD MN)
- Canada Market Analysis (Million Units and USD MN)
- Mexico Market Analysis (Million Units and USD MN)
- Europe Market Analysis (Million Units and USD MN)
- Europe Market Estimate by Country (Million Units and USD MN)
- United Kingdom Market Analysis (Million Units and USD MN)
- France Market Analysis (Million Units and USD MN)
- Germany Market Analysis (Million Units and USD MN)
- Italy Market Analysis (Million Units and USD MN)
- Russia Market Analysis (Million Units and USD MN)
- Spain Market Analysis (Million Units and USD MN)
- Rest of Europe Market Analysis (Million Units and USD MN)
- Asia Pacific Market Analysis (Million Units and USD MN)
- China Market Analysis (Million Units and USD MN)
- Japan Market Analysis (Million Units and USD MN)
- India Market Analysis (Million Units and USD MN)
- South Korea Market Analysis (Million Units and USD MN)
- Australia Market Analysis (Million Units and USD MN)
- Rest of Asia Pacific Market Analysis (Million Units and USD MN)
- Latin America Market Analysis (Million Units and USD MN)
- Brazil Market Analysis (Million Units and USD MN)
- Argentina Market Analysis (Million Units and USD MN)
- Peru Market Analysis (Million Units and USD MN)
- Chile Market Analysis (Million Units and USD MN)
- Rest of Latin America Market Analysis (Million Units and USD MN)
- Middle East & Africa Market Analysis (Million Units and USD MN)
- Saudi Arabia Market Analysis (Million Units and USD MN)
- UAE Market Analysis (Million Units and USD MN)
- Israel Market Analysis (Million Units and USD MN)
- South Africa Market Analysis (Million Units and USD MN)
- Rest of Middle East and Africa Market Analysis (Million Units and USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisition
LIST OF FIGURES
- Research Scope of Cash-In Transit Bags Report
- Market Research Process
- Market Research Methodology
- Global Cash-In Transit Bags Market Size, by Region (Million Units and USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Bag Type
- Market Attractiveness Analysis by Material
- Market Attractiveness Analysis by End-user
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Bag Type (Million Units and USD MN)
- Deposit Bags Market Sales by Geography (Million Units and USD MN)
- Shipping Bags Market Sales by Geography (Million Units and USD MN)
- Coin Bags Market Sales by Geography (Million Units and USD MN)
- Strap Bags Market Sales by Geography (Million Units and USD MN)
- Stock Bags Market Sales by Geography (Million Units and USD MN)
- Custom Bags Market Sales by Geography (Million Units and USD MN)
- Global Market Analysis by Material (Million Units and USD MN)
- Plastic Bags Market Sales by Geography (Million Units and USD MN)
- Paper Bags Market Sales by Geography (Million Units and USD MN)
- Fabric Bags Market Sales by Geography (Million Units and USD MN)
- Global Market Analysis by End-user (Million Units and USD MN)
- Financial Institutions Market Sales by Geography (Million Units and USD MN)
- Hospitals Market Sales by Geography (Million Units and USD MN)
- Casinos Market Sales by Geography (Million Units and USD MN)
- Hotels Market Sales by Geography (Million Units and USD MN)
- Retail Chains Market Sales by Geography (Million Units and USD MN)
- Government Organizations Market Sales by Geography (Million Units and USD MN)
- Courier Services Market Sales by Geography (Million Units and USD MN)
- Academic Institutions Market Sales by Geography (Million Units and USD MN)
- Global Market Sales (Million Units and USD MN)
- North America Market Sales (Million Units and USD MN)
- Europe Market Sales (Million Units and USD MN)
- Asia Pacific Market Sales (Million Units and USD MN)
- Latin America Market Sales (Million Units and USD MN)
- Middle East & Africa Market Sales (Million Units and USD MN)
- Recent Development in Industry
- Top Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.