The global freezer bags market is expected to secure US$ 6,723.8 Million in 2032 while expanding at a CAGR of 3.8%. The market is likely to hold a value of US$ 4,632.2 Million in 2022. The market showed a 2.5% growth rate between 2016 and 21. During the forecast period, the market is expected to profit from consumers’ increased preference for packaged food around the world.
Consumers’ rising disposable income and rapid urbanisation are expected to boost market expansion in the foreseeable future. Because of the quick pace of life, consumers now favour practical packaging techniques for keeping food so that there is less chance of infection.
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Competition Analysis-
Key players in the global freezer bags market include
- Thantawan Industry Plc.,
- CeDo Ltd.,
- Plastic Slovakia s.r.o.,
- GELU- PLAST packaging films GmbH & Co.KG,
- EURO – pac Unterrainer GmbH,
- DUO-PAck Co. Ltd.,
- Comcoplast Comco Commercial Cooperation GmbH,
- Cofresco Frischhalteprodukte GmbH & Co. KG,
- Forum-Plast GmbH,
- Sun Plast (India),
- Kerler GmbH,
- Richmond Plastics Ltd.,
Simpac (U.K.), Shanghai Huitai Packaging Co,LTD., Teong Chuan Plastic(M) Sdn Bhd., Eddi-Plastic GmbH, American Bag Company, Ahrbach Verpackungen GmbH, Rudolf Klojer GmbH, mk Plast GmbH & Co. KG, and others.
- CeDo Ltd. is a prominent manufacturer of food and freezer bags, designed for storing either raw or cooked food products. These come in a variety of formats, including resealable and zip slider forms. Other product offerings include fastgrip bags, tie handle food bags, wire tie food bags, food boxes and tubes and sandwich bags among others
- Plastic Slovakia s.r.o is another player offering freezer and other bags manufactured from LDPE, HDPE and MDPE material. Their premium brand BALIS offers a range of bags and packaging items, including aluminum foils, baking paper and wrap foils for groceries
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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.
What are the Factors Contributing to the Growth of the Global Freezer Bags Market?
The expansion of the food and pharmaceutical sectors is projected to play a salient role in developing the market growth during the forecast period. Benefits of freezer bags such as the lesser scope of punctures, increased thickness, better durability, and toughness. Thus, such bags are projected to gain significant traction and thus, grow the market in the forecast period. Increasing consumer preference for better storage and food packaging solutions and changing lifestyles are predicted to augment the market size in the coming time. The meat & poultry segment is anticipated to grow at a notable pace. This can be attributed to increased consumption of stored chilled meat.
Key Segments Profiled in the Global Freezer Bags Market
Freezer Bags Market by Product Type:
- Flat Freezer Bag
- Satchel Freezer Bag
- Block Bottom Freezer Bag
Freezer Bags Market by Material:
- HDPE Freezer Bags
- MDPE Freezer Bags
- LDPE Freezer Bags
Freezer Bags Market by Application:
- Freezer Bags for Food
- Dairy Products
- Seafood
- Meat & Poultry
- Fresh Vegetables & Fruits
- Ready to Eat Food
- Others
- Freezer Bags for Nonfood Articles
Freezer Bags Market by Region:
- North America Freezer Bags Market
- Latin America Freezer Bags Market
- Europe Freezer Bags Market
- Asia Pacific Freezer Bags Market
- Middle East & Africa Freezer Bags Market
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