Cash Coin Deposit Bags Market Report 2025

The cash coin deposit bags market size has grown strongly in recent years. It will grow from $0.86 billion in 2024 to $0.92 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth during the historic period can be attributed to the expansion of banking and retail networks, increasing demand for secure cash handling solutions, rising usage of coins in public transit, growth in the gaming industry, and heightened security regulations.

The cash coin deposit bags market size is expected to see strong growth in the next few years. It will grow to $1.18 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The projected growth in the forecast period can be credited to the emergence of advanced security technologies, increased demand from cash-on-delivery e-commerce logistics, stricter regulatory compliance requirements, the expansion of bank branches in emerging markets, and the growth of cash-in-transit services. Key trends expected during the forecast period include technological advancements in production processes, innovations in biodegradable and reusable bag materials, improvements in tamper-evident seal modules, developments in customization and branded solutions, and integration with automated cash handling systems.

The rising volume of cash transactions is anticipated to drive the growth of the cash coin deposit bags market in the coming years. Cash transactions involve the use of physical currency, such as coins and banknotes, for purchasing goods and services. This increase is driven by growing consumer demand for enhanced financial control and security during times of economic uncertainty, leading more people to rely on tangible money. Cash coin deposit bags facilitate cash transactions by offering secure, tamper-evident packaging solutions for transporting and depositing physical currency in retail, banking, and logistics environments. For example, in January 2025, Nationwide Building Society, a UK-based retail bank, reported approximately 32.8 million cash withdrawals from 1,260 ATMs across 605 branches in 2024, marking a 10% rise compared to 2023. The average withdrawal per transaction was around $145 (£112) at Nationwide ATMs. Thus, the increasing volume of cash transactions is fueling the growth of the cash coin deposit bags market.

Leading companies in the cash coin deposit bags market are concentrating on creating innovative products, such as biodegradable tamper-evident deposit bags, to address environmental concerns while maintaining secure cash handling. Biodegradable tamper-evident deposit bags are eco-friendly cash handling solutions designed to naturally decompose while providing visible signs of unauthorized access or tampering. For instance, in November 2022, ControlTek, a US-based security packaging firm, introduced the first cash deposit bag made from 90% post-consumer recycled plastic. EcoLOK4 combines sustainability with robust security. By utilizing plastic waste from households and businesses, it reduces virgin plastic usage and lowers the carbon footprint. Features such as pressure-seal closures and temperature-sensitive inks ensure tamper-evidence, making it an ideal choice for banks, couriers, and retailers committed to secure and sustainable operations.

In September 2023, Vexos, a US-based electronics manufacturing services provider, acquired ControlTek for an undisclosed sum. This acquisition enables Vexos to strategically expand its presence on the US West Coast, enhance its capabilities, and better support its growing customer base, particularly in aerospace, defense, and medical sectors. By combining expertise and resources, Vexos aims to deliver comprehensive manufacturing solutions nationwide and drive future growth. ControlTek is a US-based provider of tamper-evident packaging and retail asset protection, including cash coin deposit bags.

Major players in the cash coin deposit bags market are Block & Company Inc., Brink’s Incorporated, Novolex Holdings LLC, Deluxe Corporation, ProAmpac LLC, Dunbar Security Products Inc., Dynaflex Private Limited, Nelmar Security Packaging Systems Inc., International Plastics Inc., A. Rifkin Co. Inc., Versapak International Limited, BankSupplies Inc., Budco Bank Supplies Inc., Adsure Packaging Limited, Connover Packaging Inc., Harcor Security Seals Pty Ltd., ITW Envopak Limited, Shosky Security Inc., TruSeal (Pty) Ltd., and MMF Industries Inc.

North America was the largest region in the cash coin deposit bags market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in cash coin deposit bags report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cash coin deposit bags market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s recommendations and conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the financial sector, particularly in investment strategies and risk management. Heightened tariffs have fueled market volatility, prompting cautious behavior among institutional investors and increasing demand for hedging instruments. Banks and asset managers are facing higher costs associated with cross-border transactions, as tariffs disrupt global supply chains and dampen corporate earnings, key drivers of equity market performance. Insurance companies, meanwhile, are grappling with increased claims risks tied to supply chain disruptions and trade-related business losses. Additionally, reduced consumer spending and weakened export demand are constraining credit growth and investment appetite. The sector must now prioritize diversification, digital transformation, and robust scenario planning to navigate the heightened economic uncertainty and protect profitability.

Cash coin deposit bags are sturdy, tamper-evident containers created to securely hold and transport coins during the deposit process at financial institutions, ensuring the contents stay intact and unaltered. These bags usually feature security seals and clearly designated areas for labeling important deposit details, such as account numbers, branch information, and the total amount, facilitating accurate tracking and preventing unauthorized access during handling and transit.

The primary types of cash coin deposit bags include reusable and disposable. Reusable bags are designed for multiple uses and are typically made from durable materials such as fabric or thick plastic to endure wear and tear. These bags are manufactured from various materials, including plastic, paper, and fabric, and are distributed through multiple channels, both online and offline, serving a diverse range of end users such as banks, retailers, casinos, government organizations, and others.

The cash coin deposit bags market research report is one of a series of new reports that provides cash coin deposit bags market statistics, including cash coin deposit bags industry global market size, regional shares, competitors with a cash coin deposit bags market share, detailed cash coin deposit bags market segments, market trends and opportunities, and any further data you may need to thrive in the cash coin deposit bags industry. This cash coin deposit bags market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The cash coin deposit bags market consists of sales of tamper‑evident canvas bags, plastic coin pouches, tie‑off roll coin bags, vinyl bags, and metal coin bags. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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