Oven Bag Market Overview
Packaging products designed specifically for consumer use bring convenience and high performance to function. The oven bag is a disposable high heat resistant bag made of polyester or nylon. The oven bag is used to cook food in the microwave. Oven bags provide moisture retention for microwave-cooked foods, a common problem faced by microwaved consumers.
Oven bags are used extensively in Western countries primarily because of their ability to keep food moist even while cooking. Oven bags are preferred by consumers because they save the effort of cleaning the microwave oven after cooking.
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Oven Bag Market: Drivers and Opportunities
Flexible packaging is a fast-growing segment of the packaging industry, driving growth through a number of innovations to make it suitable for a wide range of applications in packaging. Flexible packaging is valued at approximately $230 billion and is projected to grow at a CAGR of 3% over the forecast period. Changing consumer lifestyles in the APEJ region is a key factor driving the demand for the oven bag market. With the increasing influence of Western culture and rapid urbanization, people are shifting from traditional methods to modern cooking methods, contributing to the growth of the oven bag market.
Growing meat consumption in Asia is another factor supporting the demand for the oven bag market. The safety provided by the use of microwaves over traditional cooking methods resulting from burns is an aspect affecting the growth of the oven bag market. As fossil fuels such as LPG are not infinite or completely environmentally friendly, the increasing use of electric ovens could provide new growth opportunities for the oven bag market during the forecast period. Consumers prefer oven bags because they are inexpensive and readily available, as well as convenience provided to users and preserving the taste of food.
Oven Bag Market: Confinement
However, the disposable oven bag is not a sustainable packaging type, which may hinder the growth of the oven bag market. Authorities’ concerns about the growing plastic waste could hamper the growth of the oven bag market. The misconception that microwave-cooked foods become radioactive could resist the growth of the oven bag market. The complexity associated with electric ovens in the type of material to be used inside the oven is another factor opposing the growth of the oven bag market as the market in the APEJ region does not match the use of microwave ovens.
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Oven Bag Market: Regional Outlook
Geographically, the global oven bag market is segmented into:
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific excluding Japan (APEJ)
- Middle East and Africa (MEA)
- Japan
North America is expected to lead the oven bag market by expanding the spread of ovens and cultural activities such as Thanksgiving roast turkey. Eastern and Western Europe are also expected to account for a major share of the oven bag market due to the high meat consumption in the region. The APEJ region may experience strong growth during the forecast period owing to rapid urbanization and increasing urban influence in the region.
Oven Bags Market Key Players:
Key Players in Oven Bags Market are Flexipol Packaging Limited, Extra Packaging Corp, Sunkey Plastic Packaging Co., Ltd, Sirane Ltd, Terinex LTD, Yin Tian Industrial Co., Ltd, M&Q Packaging Ltd, Xiong Xian Xinhuarui Plastic Co Ltd, Huangshan There is this. Sinoflex Packaging Co. Ltd, Reynolds Consumer Products, Xiamen Threestone Packing Material Co. Ltd and Sealed Air Corp.
The report provides an accurate assessment of the market with detailed qualitative insights and verifiable forecasts of the market size. The forecasts presented in the report have been derived using proven research methodologies and assumptions.
The report covers a thorough analysis of:
- market segment
- market dynamics
- market size
- supply demand
- Current trends/issues/challenges
- Competition and Related Companies
- Technology
- value chain
Regional analysis includes:
- North America (USA, Canada)
- Latin America (Mexico, Brazil and other Latin America)
- Western Europe (Germany, Italy, France, UK, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and other Western Europe)
- Eastern Europe (Poland, Russia and other Eastern Europe)
- Asia Pacific (China, India, ASEAN, Australia and New Zealand)
- Japan
- Middle East and Africa (GCC, South Africa and other MEA regions)
The report is a compilation of first-hand information by industry analysts, qualitative and quantitative assessments, and input from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, as well as market attractiveness by segment. The report also maps the qualitative impact of various market factors on market segments and regions.
Oven Bag Market: Segmentation
The Oven Bags market is segmented by type of material used and by end use.
Based on the type of material used, the oven bag market is segmented into:
- polyester
- nylon
On the basis of end-use, the Oven Bags Market is segmented into:
- roast meat
- chicken
- Pork
- beef
- lamb
- fish