A recent report published by Infinium Global Research on freezer bags market provides in-depth analysis of segments and sub-segments in global as well as regional freezer bags market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional freezer bags market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global freezer bags market. According to report, the global freezer bags market is projected to grow at a CAGR of 3.9% over the forecast period of 2018-2024.
Freezer bags are made of high-density polyethylene (HDPE), medium density polyethylene (MDPE) and low-density polyethylene (LDPE). Due to their high thickness, these bags can withstand extremely cold temperatures and do not form ice cubes at the outer surface of the food items. These bags provide deep protection against freezer burns. Freezer bags can be transparent or colored. It is used to slow down the freezing on the outside of food so that consumer does not get so many ice crystals on the outside of the food. Freezer bags helps to store food for longer durations with extended shelf life.
The global freezer bags market is characterized by the growing demand for freezer bags due to their wide-spread usage in food, pharmaceutical, and other industries. Additionally, rising demand from end-use application segments such as meat, poultry, ready to eat food, dairy, seafood, and fruits & vegetables are boosting the demand of these bags globally. Global freezer bags market is expected to expand at a lucrative CAGR during the forecast period, due to Freezer bags market is anticipated to witness rising consolidation (mergers & acquisitions, joint ventures, collaborations) during the forecast period. The market is also marked with the advancement in manufacturing technology. Changing lifestyle and increasing consumer preference for more convenient food packaging and storage solutions are anticipated to drive the global freezer bags market during the forecasted period. A busy lifestyle is influencing the consumers to choose freezer bags, which protect perishable food items like ready to eat meals, dairy, fruits & vegetables, fresh & processed meat, seafood etc. Rising awareness about food wastage is also driving the demand for freezer bags during the forecast period. Among the geographies, the North America and Europe region accounted for the highest market share in 2017 followed by the Asia Pacific. Asia Pacific region is expected to see the highest growing region in term of CAGR. The growing demand for different product items such as food, pharmaceuticals, fresh meat, and other perishable items are boosting the Asia-Pacific market.
The report on global freezer bags market covers segments such as product type, material type, and end user. On the basis of product type the global freezer bags market is categorized into containers and bags. On the basis of material type the global freezer bags market is categorized into PVC, PET, polypropylene, polystyrene, polyurethane, and nylon. On the basis of end, user the global freezer bags market is categorized into pharmaceuticals, chemicals, and food.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region.
The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global freezer bags market such as Cryopak, Sonoco Products Company, Sofrigam SA Ltd., Pelican Biothermal LLC, ACH Foam Technologies, LLC, Cold & Co Sprl, Tecnisample s.l., Saeplast Americas Inc., AccsA'tech Medical Systems and Tempack Packaging Solutions, S.L.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global freezer bags market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of freezer bags market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the freezer bags market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the freezer bags market to understand the present and future trends in this market and formulate their strategies accordingly.
Get free analyst support for the queries before and post purchasing report.
Be assured of 100% customer satisfaction about the research and get 24X7 customer support.
Infinium has achieved over 400%+ growth in its repository and revenue over the last 2 years. Yes, we are proud to say we are growing at a great pace and becoming a trusted partner among our clients.
sign up for our newsletter