In 2032, the market for freezer bags is projected to generate US$ 6,723.8 Million while growing at a CAGR of 3.8%. In 2022, the market is anticipated to be worth US$ 4,632.2 Million. The market showed a 2.5% growth rate between 2016 and 21.
The Freezer Bags market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Freezer Bags market.
Request a Report Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-6575
Freezer Bags – Market Outlook
According to United States, Environmental Protection Agency (EPA) food waste accounts for 21.0% of the daily wate stream. According to EPA, more food reaches landfills and preventing this would help address climate change. Twenty percent of methane emissions in the U.S. come from landfills. Reducing food waste through proper storage and packaging solutions is the need of the hour. Thanks to the availablity of deep freezer bags, food items and non-food items can be stored for longer durations without loss of aroma or freshness.
Freezer bags comes in all shapes and sizes with different colours. They differ in thickness compared to standard zipper pouches. Zipper bags have higher thickness compared to standard zipper pouches. Due to their high thickness, these bags can withstand extreme cold temperatures and do not form ice cubes at the outer surface of the food items. These bags provide deep protection against freezer burns. Freezer bags are made of high density polyethylene (HDPE), medium density polyethylene (MDPE) and low density polyethylene (LDPE). Freezer bags can be transparent or colored. The bag types include flat bag, satchel bag, and block bottom bag. Standard bag thickness is 0.05 mm.
Global freezer bags market dynamics are moderatly correlated with global food manufacturing industry. Freezer bags are generally used to store fresh produce and processed food items. These bags commonly meet USDA and FDA requirements for food contact.
Market Growth Analysis
Changing lifestyle and increasing consumer preference for more convenient food packaging and storage solutions is anticipated to drive the global freezer bags market during the forecast period. Major manufacturers of freezer bags are extensively investing in research & development to design & develop products with high reliability and durability. Fresh meat, dairy and fruits & vegetables together dominate the end use applications segment. Busy lifestyle is influencing the consumers to choose freezer bags, which protect perishable food items like ready to eat meals, dairy, fruits & vegetables, fresh & processed meat, seafood etc. Rising awareness about food wastage is expected to drive the demand for freezer bags during forecast period. Freezer bags helps in storing food for longer durations with extended shelf life. Changing lifestyle, where family sizes are becoming small and adopting a busy lifestyle, there is a need to store food for longer durations is influencing the freezer bags market.
Asia Pacific Excluding Japan (APEJ) is expected to be the fastest growing freezer bags market. Rising middle class population in Asian countries: India, China and ASEAN is the main factor driving the demand for freezer bags. High spending levels and sophisticated lifestyle in developed regions such as North America and Europe, makes them a matured market for freezer bags. Despite of economic slowdown, political turmoil and immigration crisis, Western Europe & Eastern Europe together anticipated to dominate the global market. On the other hand Japan is a matured market where growth rates are stagnated.
Request For TOC@ https://www.futuremarketinsights.com/toc/rep-gb-6575
Global Freezer Bags market: Key Players
Some of the key players operating in the global Freezer Bags market are – CeDo Ltd., Thantawan Industry Plc., Plastic Slovakia s.r.o., EURO – pac Unterrainer GmbH, GELU- PLAST packaging films GmbH & Co.KG, DUO-PAck Co. Ltd., Cofresco Frischhalteprodukte GmbH & Co. KG, Comcoplast Comco Commercial Cooperation GmbH, Forum-Plast GmbH, Kerler GmbH, Sun Plast (India), Richmond Plastics Ltd., Shanghai Huitai Packaging Co,LTD., Simpac (U.K.), Teong Chuan Plastic(M) Sdn Bhd., American Bag Company, Eddi-Plastic GmbH, Ahrbach Verpackungen GmbH, mk Plast GmbH & Co. KG, Rudolf Klojer GmbH and others.
The global freezer bags market is expected to be driven by innovations. Consumer convenience is at the epicenter of product launches, which aim to capitalize on ongoing rapid shift in preference towards freezer bags.
Key Developments, Merger and Acquisitions
- In 2014, CeDo group acquired by Straco
- In 2014, Thantawan Industry Plc. Received Silver Award from Asean Plastic Awards, by Prodcut “SUNMUM” breast milk storage bag with triple zipper
Conclusion
Global freezer bags market is expected to expand at a lucrative CAGR during the forecast period, due to rising demand from end use application segments such as meat, poultry, ready to eat food, dairy, seafood, and fruits & vegetables. Freezer bags market is anticipated to witness rising consolidation (mergers & acquisitions, joint ventures, collaborations) during the forecast period.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-6575
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Request For Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-6575
Global Freezer Bags market: Segmentation
The global freezer bags market has been segmented as follows –
On the basis of product type, the global freezer bags market has been segmented as –
- Flat bag
- Satchel bag
- Block bottom bag
On the basis of material, the global freezer bags market has been segmented as –
- High Density Polyethylene (HDPE)
- Medium Density Polyethylene (MDPE)
- Low Density Polyethylene (LDPE)
On the basis of application, the global freezer bags market has been segmented as –
- For all food
- Dairy Products
- Seafood
- Met & Poultry
- Fresh Vegetables & Fruits
- Ready to Eat Food
- Others
- Nonfood articles
On the basis of geography, the global Freezer Bags market has been divided into seven key regions –
- North America
- Asia Pacific excluding Japan
- Western Europe
- Eastern Europe
- Latin America
- Middle East & Africa
- Japan
Related Links –
https://hissme.com/read-blog/25056
https://together.mn.co/posts/26599839?utm_source=manual
https://www.patreon.com/user?u=72082925
ABOUT FUTURE MARKET INSIGHTS, INC.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports