About Freezer Bags
Freezer Bags are sealed bags which allow food items to be packaged in refrigeration. The demand for this bags have boomed in recent times due to rise of food and beverages industry as well as restaurant industry. Change in life style choices has also led to individual household consumers demanding this bags. Freezer bags are available in various types such as zip seal, gusseted and shrink bags types. They even come in different sizes and different material types as per consumer needs. Although stringent regulations by governments on plastic food packaging has led to certain hindrance in the growth of the freezer bags market. But emergence of recyclable and biodegradable plastic bags is expected to further expand the industry. Geographically, Asia Pacific is the biggest market, followed by North America. The market is fragmented with combination of regional and global players.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.3% |
Freezer Bags is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that China Vendors will contribute the maximum growth to Global Freezer Bags market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
S. C. Johnson & Son, Inc. (United States), Xiamen Huli Fengyi Industry Co., Ltd. (China), Changle Shuguang Industry Co. Ltd. (China), Rutan Poly Industries, Inc. (United States), Weston Brands LLC (United States), International Plastics Inc. (United States), Zhaoqing Litat Packaging Material Co., Ltd. (China), Shenzhen Mangor Industrial Co., Ltd. (China), Unitrend Plastics Manufacturing Ltd. (Canada), The Glad Products Company (United States), Aldi (United Kingdom) and US Poly Pack (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are SN Maschinenbau GmbH (Germany), Eddi-Plastic GmbH (Germany) and Doktor-PAck Kft. (Hungary).
Segmentation Overview
AMA Research has segmented the market of Global Freezer Bags market by Type (Zip Seal Bags, Shrink Bags and Gusseted Bags) and Region.
On the basis of geography, the market of Freezer Bags has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User , the sub-segment i.e. Retailer will boost the Freezer Bags market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel , the sub-segment i.e. Online (E-Commerce Stores) will boost the Freezer Bags market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offering , the sub-segment i.e. One Time will boost the Freezer Bags market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Size , the sub-segment i.e. Small will boost the Freezer Bags market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The integration of smart packaging technology.
Market Growth Drivers:
Growing Food and Beverages Industry and Enhanced Focus in Increasing Shelf Life of Food Products
Challenges:
Taste Deterioration in Meat due to Long Hours of Plastic Packaging
Restraints:
Stringent Regulations for Food Packaging and Harmful Effects on Environment due to Plastic Bags
Opportunities:
Environment Friendly and Disposable Plastic has Huge Potential to Grow
Market Leaders and their expansionary development strategies
In December 2020, Novolex, United States based market leader in diverse packaging products announced the acquisition of B&H Bag Company, who are leading manufacturers of paper packaging products. The acquisition help Novolex increase its production capacity and product portfolio in packaging products.
In November 2020, Aldi, United Kingdom based supermarkets chain with over 10,000 stores announced launch of 100% recyclable freezer bags, thus becoming the first supermarket retailer in United Kingdom to do so.
Key Target Audience
Freezer Bags Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.