Market Overview:
The global hermetic storage bags market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hermetic storage bags from various end-use industries, such as agriculture, food and beverage, and pharmaceuticals. In addition, the growing awareness about food safety and hygiene is also propelling the demand for hermetic storage bags across the globe. Based on type, the global hermetic storage bags market can be segmented into single-layer, double-layer, and triple-layer types. Among these types, single-layer type held a dominant share in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to its low cost as compared to other types of hermetic storage bags available in the market.
Product Definition:
Hermetic storage bags are airtight and watertight bags that are used to store food, clothing, or other items. The importance of hermetic storage bags is that they protect the contents from pests, moisture, and sunlight.
Single-layer:
Single-layer is a type of hermetic storage bag that consists of only one layer, which is made from either polyethylene or polypropylene. These bags are used for the packaging and storage of products such as electronic components, consumer goods, industrial equipment parts and sports apparel. The single-layer market has witnessed significant growth over the past few years owing to its increasing application in e-commerce retail business across the globe.
Double-layer:
Double layer is a type of insulation material that consists of two layers of different insulation materials. The most common types are the foam-based double layer and fiberglass double layer. The primary function in hermetic storage bags is to provide thermal resistance or cold resistance, which requires an adequate amount of insulating material to maintain the temperature inside the bag during storage and transportation.
Application Insights:
The others application segment includes fruits and vegetables, coffee beans, spices and herbs, dairy products, grains and cereals. The demand for hermetic bags for these applications is expected to witness growth owing to the exposure of various manufacturers regarding the usage of such bags in industries like agriculture and food processing.
Hermetic storage bags are used during transportation as well as storage of agricultural produce including wheat ears, corn kernels/ears/stalks etc., coffee beans (Robusta & Arabica), dairy products (butterbeans & cheese), fruits (banana peels) vegetables (potato peels) grains & cereals (rye berries).
The North America market held around 60% share in terms of revenue in 2017 due to factors including presence of major manufacturers along with a large number of distribution channels that include local vendors serving regional markets. Moreover, increasing consumption related problems such as obesity will boost the sales further over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing foreign investments in countries such as China, India, Vietnam, South Korea among others. In addition, rising population coupled with rapid urbanization has led to an increase in food demand which will further drive the regional hermetic storage bags market.
Europe is anticipated to witness significant growth over the forecast period owing to a rise in geriatric population that requires increased care and attention for their well-being.
Growth Factors:
- Increasing demand for hermetic storage bags from the food and beverage industry as a result of the need to preserve food quality and extend shelf life.
- The increasing popularity of sous vide cooking, which requires vacuum-sealed food items that can be cooked in a water bath at low temperatures for long periods of time, is driving demand for hermetic storage bags.
- Rising consumer awareness about the benefits of using hermetic storage bags, such as preserving flavor, freshness, and nutritional value of foods, is contributing to market growth.
- Growing use of hermetic storage bags by restaurants and other commercial establishments to store perishable items is propelling market expansion.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hermetic Storage Bags Market Research Report
By Type
Single-layer, Double-layer, Triple-layer
By Application
Wheat, Corn, Coffee Beans, Others
By Companies
Storezo, Vestergaard, Elite Innovations, AgroZ, GrainPro, PICS, Storezo
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Hermetic Storage Bags Market Report Segments:
The global Hermetic Storage Bags market is segmented on the basis of:
Types
Single-layer, Double-layer, Triple-layer
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
Wheat, Corn, Coffee Beans, 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:
- Storezo
- Vestergaard
- Elite Innovations
- AgroZ
- GrainPro
- PICS
- Storezo
Highlights of The Hermetic Storage 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:
- Single-layer
- Double-layer
- Triple-layer
- By Application:
- Wheat
- Corn
- Coffee Beans
- 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 Hermetic Storage 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Hermetic storage bags are a type of airtight sealant that is used to store items such as food, medications, and other sensitive materials. They are made from a variety of materials, including plastic and cloth, and come in different sizes to fit most items. Hermetic storage bags protect the contents from moisture, dust particles, and other contaminants while keeping them fresh.
Some of the major players in the hermetic storage bags market are Storezo, Vestergaard, Elite Innovations, AgroZ, GrainPro, PICS, Storezo.
The hermetic storage 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 Hermetic Storage 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 Hermetic Storage Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hermetic Storage 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 Hermetic Storage 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 Hermetic Storage Bags Market Size & Forecast, 2018-2028
4.5.1 Hermetic Storage Bags Market Size and Y-o-Y Growth
4.5.2 Hermetic Storage Bags Market Absolute $ Opportunity
Chapter 5 Global Hermetic Storage Bags 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 Hermetic Storage Bags Market Size Forecast by Type
5.2.1 Single-layer
5.2.2 Double-layer
5.2.3 Triple-layer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hermetic Storage Bags 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 Hermetic Storage Bags Market Size Forecast by Applications
6.2.1 Wheat
6.2.2 Corn
6.2.3 Coffee Beans
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hermetic Storage 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 Hermetic Storage 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 Hermetic Storage Bags Analysis and Forecast
9.1 Introduction
9.2 North America Hermetic Storage Bags 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 Hermetic Storage Bags Market Size Forecast by Type
9.6.1 Single-layer
9.6.2 Double-layer
9.6.3 Triple-layer
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 Hermetic Storage Bags Market Size Forecast by Applications
9.10.1 Wheat
9.10.2 Corn
9.10.3 Coffee Beans
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 Hermetic Storage Bags Analysis and Forecast
10.1 Introduction
10.2 Europe Hermetic Storage Bags 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 Hermetic Storage Bags Market Size Forecast by Type
10.6.1 Single-layer
10.6.2 Double-layer
10.6.3 Triple-layer
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 Hermetic Storage Bags Market Size Forecast by Applications
10.10.1 Wheat
10.10.2 Corn
10.10.3 Coffee Beans
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 Hermetic Storage Bags Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hermetic Storage Bags 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 Hermetic Storage Bags Market Size Forecast by Type
11.6.1 Single-layer
11.6.2 Double-layer
11.6.3 Triple-layer
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 Hermetic Storage Bags Market Size Forecast by Applications
11.10.1 Wheat
11.10.2 Corn
11.10.3 Coffee Beans
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 Hermetic Storage Bags Analysis and Forecast
12.1 Introduction
12.2 Latin America Hermetic Storage Bags 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 Hermetic Storage Bags Market Size Forecast by Type
12.6.1 Single-layer
12.6.2 Double-layer
12.6.3 Triple-layer
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 Hermetic Storage Bags Market Size Forecast by Applications
12.10.1 Wheat
12.10.2 Corn
12.10.3 Coffee Beans
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) Hermetic Storage Bags Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hermetic Storage Bags 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) Hermetic Storage Bags Market Size Forecast by Type
13.6.1 Single-layer
13.6.2 Double-layer
13.6.3 Triple-layer
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) Hermetic Storage Bags Market Size Forecast by Applications
13.10.1 Wheat
13.10.2 Corn
13.10.3 Coffee Beans
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 Hermetic Storage Bags Market: Competitive Dashboard
14.2 Global Hermetic Storage Bags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Storezo
14.3.2 Vestergaard
14.3.3 Elite Innovations
14.3.4 AgroZ
14.3.5 GrainPro
14.3.6 PICS
14.3.7 Storezo
