Market Overview:
The global preservation bag market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food preservation bags from the commercial and home use segments. In addition, the growing awareness about food safety and hygiene is also contributing to the growth of this market. The PE segment is expected to dominate the global preservation bag market in terms of revenue during 2018-2030. This segment accounted for more than two-thirds share of the total revenue generated by this market in 2017 and is projected to maintain its dominance during forecast period as well. The PVC segment is projected grow at a higher CAGR as compared other segments during 2018-2030 owing rising demand from end users such as restaurants, hotels, catering services etc.
Product Definition:
A preservation bag is a bag made of an impermeable material, such as plastic, which is used to store or protect an object from deterioration.
PE:
Polyethylene is a widely used polymer in the packaging industry. It is a soft, lightweight, and durable plastic with high chemical & temperature resistance. Polyethylene can be recycled and reused efficiently which makes it an eco-friendly choice for sustainable packaging solutions. PE has good barrier properties that protect food from oxygen, water vapor & carbon dioxide; keeping food fresh for a long time even in hot & humid conditions.
PVC:
Polyvinyl Chloride or PVC is a thermoplastic polymer with the formula (CH2)nCl. It is produced through the polymerization of vinyl chloride and has high resistance to solvents, acids, and bases. It can be either be purchased pre-mixed as a blend with other plastics such as HDPE or manufactured commercially through different methods such as emulsion polymerization and solution/paste synthesis.
Application Insights:
The other application segment accounted for the largest share of the global preservation bag market in 2017. This is attributed to rising demand from various industries including food, medical and chemical packaging. The home use application segment is expected to witness a high growth rate over the forecast period owing to increasing consumer disposable income levels across developing countries such as China, India and Brazil. These factors are likely to increase product demand at homes which will drive growth over the forecast period.
The commercial application segment held a significant share of more than 50% in 2017 due to growing awareness about environmental protection among businesses regarding disposal of waste materials including plastics and papers along with an increase in focus on reducing carbon footprint among companies worldwide for sustainable operations. Rising number of healthcare centers coupled with an aging population across developed nations such as U.S., Germany etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period owing to increasing demand for food preservation bags from various end-use industries, such as food & beverage and pharmaceuticals. Furthermore, rising concerns regarding food wastage and spoilage are anticipated to augment product demand in this region.
Asia Pacific is projected to be one of the fastest-growing regional markets due to rapid industrialization along with an increase in per capita income levels among countries like China and India. In addition, a rise in foreign direct investments by multinational companies will boost market growth over the forecast period. Moreover, growing population coupled with increased consumption of packaged foods is likely drive product demand across this region during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for food preservation from the restaurant and hotel industry
- Rising awareness about the benefits of food preservation among consumers
- Growing popularity of vacuum sealing technology for preserving food
- Proliferation of online retail platforms that offer a wide range of Preservation Bags products
- Continuous innovation in Preservation Bag design and functionality
Scope Of The Report
Report Attributes
Report Details
Report Title
Preservation Bag Market Research Report
By Type
PE, PVC, PVDC
By Application
Home Use, Commercial, Other
By Companies
Foster-Stephens, Arrowhead Forensics, Shakitt, PLASTICNET CO., LTD., Light Impressions, Cocomelody, Aroma, ZCORR
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Preservation Bag Market Report Segments:
The global Preservation Bag market is segmented on the basis of:
Types
PE, PVC, PVDC
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
Home Use, Commercial, Other
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:
- Foster-Stephens
- Arrowhead Forensics
- Shakitt
- PLASTICNET CO., LTD.
- Light Impressions
- Cocomelody
- Aroma
- ZCORR
Highlights of The Preservation Bag 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:
- PE
- PVC
- PVDC
- By Application:
- Home Use
- Commercial
- Other
- 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 Preservation Bag 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
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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?
A Preservation Bag is a type of food storage bag that is specifically designed to help preserve food. The bags are made from a variety of materials, including plastic, paper, and cloth. They are often sealed with a heat-sealing machine or by hand.
Some of the major players in the preservation bag market are Foster-Stephens, Arrowhead Forensics, Shakitt, PLASTICNET CO., LTD., Light Impressions, Cocomelody, Aroma, ZCORR.
The preservation bag 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 Preservation Bag 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 Preservation Bag Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Preservation Bag 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 Preservation Bag 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 Preservation Bag Market Size & Forecast, 2018-2028 4.5.1 Preservation Bag Market Size and Y-o-Y Growth 4.5.2 Preservation Bag Market Absolute $ Opportunity
Chapter 5 Global Preservation Bag 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 Preservation Bag Market Size Forecast by Type
5.2.1 PE
5.2.2 PVC
5.2.3 PVDC
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Preservation Bag 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 Preservation Bag Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Preservation Bag 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 Preservation Bag 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 Preservation Bag Analysis and Forecast
9.1 Introduction
9.2 North America Preservation Bag 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 Preservation Bag Market Size Forecast by Type
9.6.1 PE
9.6.2 PVC
9.6.3 PVDC
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 Preservation Bag Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial
9.10.3 Other
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 Preservation Bag Analysis and Forecast
10.1 Introduction
10.2 Europe Preservation Bag 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 Preservation Bag Market Size Forecast by Type
10.6.1 PE
10.6.2 PVC
10.6.3 PVDC
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 Preservation Bag Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial
10.10.3 Other
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 Preservation Bag Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Preservation Bag 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 Preservation Bag Market Size Forecast by Type
11.6.1 PE
11.6.2 PVC
11.6.3 PVDC
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 Preservation Bag Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial
11.10.3 Other
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 Preservation Bag Analysis and Forecast
12.1 Introduction
12.2 Latin America Preservation Bag 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 Preservation Bag Market Size Forecast by Type
12.6.1 PE
12.6.2 PVC
12.6.3 PVDC
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 Preservation Bag Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial
12.10.3 Other
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) Preservation Bag Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Preservation Bag 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) Preservation Bag Market Size Forecast by Type
13.6.1 PE
13.6.2 PVC
13.6.3 PVDC
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) Preservation Bag Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial
13.10.3 Other
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 Preservation Bag Market: Competitive Dashboard
14.2 Global Preservation Bag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Foster-Stephens
14.3.2 Arrowhead Forensics
14.3.3 Shakitt
14.3.4 PLASTICNET CO., LTD.
14.3.5 Light Impressions
14.3.6 Cocomelody
14.3.7 Aroma
14.3.8 ZCORR