Press release
Global Silicone Storage Bags Market: Analysis, Growth By Top Companies, Trends By Types And Application, Forecast To 2020-2027
Silicone Storage Bags Market
Silicone has been used for several consumer goods and personal care products for a long time. The food-grade silicone has been used earlier to manufacture containers and lunchboxes for the safe storage of food products and replacement of the plastic containers. Silicone storage bags have created a new trend in the silicone products market.
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The investment in R&D, advancement in innovation and technology, increasing health consciousness, an alternative source of plastic bags, reusable silicone bags, high resistance of silicon to degradation from temperature change, excessive durability, product life cycle, resistance to cracking and rotting, natural source of raw material, reduced toxicity, eco-friendly silicone storage bags, the safety of marine environment and animals, high disposable income, the surge in awareness about the harmful impact of plastic on natural resources, approval of food regulatory bodies, recyclable product and ease of care are the key drivers which lead the growth of global silicone storage bags market. However, highly-priced products, awareness about new products, availability of alternative storage bags such as plastic hinders market growth.
The advanced R&D has presented characteristics of silicone such as low thermal conductivity, low chemical activity, low toxicity, thermal stability, water-repelling property, prevention of microbial growth, resistance to oxygen, ozone and ultraviolet lights, high gas permeability and electric insulation property, which makes silicone storage bags advantageous than plastic bags for storage of several products. The silicone storage bags are free from bisphenol A (BPA), bisphenol S (BPS), lead, latex, and phthalates, which are mostly found in plastic bags and cause harmful effects on human health and environment. The silicone storage bags with heat resistant properties can be used for cooking, microwaving, boiling, reheating, freezing without any contamination and degradation that have created a new trend in silicone storage bags market.
Regional Analysis - North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)
The key market players profiled in the report include Stasher, Planet Wise, BlueAvocado Co., Bee’s Wrap, EcoLifeMate, Happy And Healthy Living Designs LLC, QuaLeap Amber, Langsprit, Shenzhen Kean Silicone Products Co., Ltd., FoodSaver, AISHN, Vremi, WOHOME, Homelux Theory, Keljun, JTSC Products
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COVID-19 Scenario Analysis:
♦ The COVID-19 pandemic has affected the production of silicone storage bags market as the initial lockdown scenario caused the shutdown of manufacturing units and a shortage of manpower.
♦ The raw material procurement from the global manufacturers of silicone base material was disrupted due to transportation restrictions, export, and import ban in various countries.
♦ The supply chain and distribution channels such as retail stores and specialty stores were shut down due to government regulations which led to a decline in sales and revenue of silicone storage bags market.
Key Segments Covered:
Product Type
• Half Gallon Bag
• Sandwich Bag
• Stand-up Bag
• Pocket Bag
• Others
Application
• Commercial
• Residential
Distribution Channel
• Offline
• Online
Key Benefits of the Report:
○ This study presents the analytical depiction of the global silicone storage bags industry along with the current trends and future estimations to determine the imminent investment pockets.
○ The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global silicone storage bags market share.
○ The current market is quantitatively analyzed from 2020 to 2027 to highlight the global silicone storage bags market growth scenario.
○ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
○ The report provides detailed global silicone storage bags market analysis based on competitive intensity and how the competition will take shape in the coming years.
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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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