Market Overview:
The global freezer bags market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as, rising demand for food storage and preservation, increasing awareness about food safety and hygiene, and technological advancements in packaging materials. Based on type, the global freezer bags market is segmented into HDPE (High-density polyethylene), MDPE (Medium-density polyethylene), LDPE (Low-density polyethylene). HDPE is expected to account for the largest share of the global freezer bags market in 2018. This can be attributed to its properties such as high strength, toughness and resistance to chemicals. Based on application, the global freezer bags market is segmented into food storage & preservation, pharmaceuticals & medical devices storage & preservation and others applications including cosmetics products etcetera). Food storage & preservation accounted for majority share of total revenue generated by application segments in 2017 owing to growing demand from retail sector across globe coupled with rising trend of home cooking among consumers globally. Geographically, North America accounted for largest share followed by Europe in terms of revenue generated by Global Freezer Bags Market In 2017 .
Product Definition:
A freezer bag is a type of plastic bag that is designed to be used in the freezer. Freezer bags are important because they help keep food cold and fresh. They also prevent food from being frozen together, which can make it difficult to thaw out later.
HDPE (High-density polyethylene):
High-density polyethylene (HDPE) is a widely used polymer in the packaging industry. It is a lightweight, strong, and clear plastic that can be easily recycled. HDPE has been gaining market share over the past few years owing to its properties such as low cost and easy recycling ability. The growth of this segment can be attributed to rising demand for recyclable plastics coupled with stringent government regulations on non-biodegradable plastics usage.
MDPE (Medium-density polyethylene):
MDPE is a highly versatile thermoplastic with applications in food & beverage, automotive, construction and electrical & electronics industries. MDPE has the ability to be recycled multiple times without any loss of performance or quality. It offers excellent resistance to most solvents and high impact strength making it suitable for manufacturing freezer bags.
Application Insights:
The food application segment led the global freezer bags market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The expansion of retail networks, coupled with rising demand for packaged foods including ready-to-eat meals, frozen meals, snacks and desserts is expected to drive growth over the coming years.
Freezer bags are widely used in industries such as meat processing where quality preservation is important along with efficient storage & transportation of raw materials such as meat products and dairy products. In addition, their use has been increasing in pharmaceuticals due to stringent regulatory standards applicable across various countries worldwide which require protection from moisture during transport & storage of drugs or medical devices containing human body parts or other sensitive materials that need utmost care while handling & transportation. These factors are anticipated to further propel industry growth on a positive note over the coming years.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from countries such as China, India, Japan, South Korea and Taiwan. Factors such as rapidly growing population coupled with rising disposable income are projected to fuel the demand for freezers in these countries which will result in increased consumption of freezer bags over the next eight years.
The pharmaceutical industry is one of the significant sectors contributing towards economic development across Asia Pacific region owing to factors such as low-cost structure and high-quality standards required by patients’ safety & health are driving growth across this sector which will drive market expansion over next eight years.
Europe held a significant share in global revenue due to presence of major pharmaceutical companies including Novartis AG; Sanofi SA; GlaxoSmithKline plc.
Growth Factors:
- Increasing demand for frozen food: The increasing demand for frozen food is one of the major growth drivers for the freezer bags market. Frozen food offers a variety of benefits such as easy to store, longer shelf life, and no need to thaw before cooking. This has led to an increase in the adoption of frozen food by consumers, which is driving the growth of the freezer bags market.
- Rising disposable income: Another key growth driver for the freezer bags market is rising disposable income levels across regions. This has led to an increase in spending on convenience foods such as frozen food, which is benefiting the freezer bags market.
- Growing urbanization: The growing urbanization trend across regions is also contributing to the growth of the freezer bags market as it leads to an increase in demand for convenience foods such as frozen food items that can be easily stored and cooked without any hassle.
Scope Of The Report
Report Attributes
Report Details
Report Title
Freezer Bags Market Research Report
By Type
HDPE (High-density polyethylene), MDPE (Medium-density polyethylene), LDPE (Low-density polyethylene)
By Application
Food, Pharmaceuticals, Medical Devices, Others
By Companies
Cryopak, Sonoco, Sofrigam, Pelican Biothermal, Va-Q-tec, ACH Foam, Saeplast, AccsA'tech, Tempack, Advanced Products Portugal, Cryopak, Envirotainer, Snyder Industries, Inno Cool, Exeltainer
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Freezer Bags Market Report Segments:
The global Freezer Bags market is segmented on the basis of:
Types
HDPE (High-density polyethylene), MDPE (Medium-density polyethylene), LDPE (Low-density polyethylene)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Pharmaceuticals, Medical Devices, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cryopak
- Sonoco
- Sofrigam
- Pelican Biothermal
- Va-Q-tec
- ACH Foam
- Saeplast
- AccsA'tech
- Tempack
- Advanced Products Portugal
- Cryopak
- Envirotainer
- Snyder Industries
- Inno Cool
- Exeltainer
Highlights of The Freezer Bags Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- HDPE (High-density polyethylene)
- MDPE (Medium-density polyethylene)
- LDPE (Low-density polyethylene)
- By Application:
- Food
- Pharmaceuticals
- Medical Devices
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Freezer Bags Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Freezer bags are a type of packaging that is used to store food. They are made from a plastic or paper material and have a seal on one end. The seal prevents air and moisture from entering the bag, which helps to keep food frozen.
Some of the major players in the freezer bags market are Cryopak, Sonoco, Sofrigam, Pelican Biothermal, Va-Q-tec, ACH Foam, Saeplast, AccsA'tech, Tempack, Advanced Products Portugal, Cryopak, Envirotainer, Snyder Industries, Inno Cool, Exeltainer.
The freezer bags market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Freezer Bags Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Freezer Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Freezer Bags Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Freezer Bags Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Freezer Bags Market Size & Forecast, 2020-2028
4.5.1 Freezer Bags Market Size and Y-o-Y Growth
4.5.2 Freezer Bags Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 HDPE (High-density polyethylene)
5.2.2 MDPE (Medium-density polyethylene)
5.2.3 LDPE (Low-density polyethylene)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Pharmaceuticals
6.2.3 Medical Devices
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Freezer Bags Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Freezer Bags Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 HDPE (High-density polyethylene)
9.6.2 MDPE (Medium-density polyethylene)
9.6.3 LDPE (Low-density polyethylene)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Pharmaceuticals
9.10.3 Medical Devices
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 HDPE (High-density polyethylene)
10.6.2 MDPE (Medium-density polyethylene)
10.6.3 LDPE (Low-density polyethylene)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Pharmaceuticals
10.10.3 Medical Devices
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 HDPE (High-density polyethylene)
11.6.2 MDPE (Medium-density polyethylene)
11.6.3 LDPE (Low-density polyethylene)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Pharmaceuticals
11.10.3 Medical Devices
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 HDPE (High-density polyethylene)
12.6.2 MDPE (Medium-density polyethylene)
12.6.3 LDPE (Low-density polyethylene)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Pharmaceuticals
12.10.3 Medical Devices
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 HDPE (High-density polyethylene)
13.6.2 MDPE (Medium-density polyethylene)
13.6.3 LDPE (Low-density polyethylene)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Pharmaceuticals
13.10.3 Medical Devices
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Freezer Bags Market: Competitive Dashboard
14.2 Global Freezer Bags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cryopak
14.3.2 Sonoco
14.3.3 Sofrigam
14.3.4 Pelican Biothermal
14.3.5 Va-Q-tec
14.3.6 ACH Foam
14.3.7 Saeplast
14.3.8 AccsA'tech
14.3.9 Tempack
14.3.10 Advanced Products Portugal
14.3.11 Cryopak
14.3.12 Envirotainer
14.3.13 Snyder Industries
14.3.14 Inno Cool
14.3.15 Exeltainer
