Press release
Freezer Bags Market: Chilling Profits on the Horizon, Anticipated to Reach Nearly US$ 6,981.6 Million by 2033 with a 3.8% CAGR
Introduction: The Versatile World of Freezer BagsIn a fast-paced world where convenience is key, freezer bags have emerged as a staple for preserving food freshness. The Freezer Bags Market is experiencing dynamic growth, driven by the demand for hassle-free storage solutions that extend the shelf life of perishable items. Whether you're a busy parent, a culinary enthusiast, or someone looking to reduce food waste, freezer bags offer an efficient and economical solution. In this comprehensive article, we delve into the various facets of the Freezer Bags Market, from its diverse applications to the latest trends and innovations.
Freezer Bags Market: A Convenient Solution
Freezer bags, also known as resealable plastic bags, are versatile storage containers designed to keep food items fresh for extended periods. Their airtight seals prevent moisture and air from entering, thus maintaining the quality of stored products. These bags are available in various sizes and types, catering to different storage needs, from small portions to bulk quantities. The Freezer Bags Market has witnessed a surge in demand due to their user-friendly design and effectiveness in preserving the flavors, textures, and nutrients of food.
According to market analysts from FMI, the freezer bags market is poised to reach a substantial value of approximately US$ 4,808.2 million by 2023, with the potential for a consistent compound annual growth rate (CAGR) of 3.8% in bulk freezer bag sales through 2033. Looking ahead, it's anticipated that the global freezer bags market will solidify its presence, projecting an impressive market share of nearly US$ 6,981.6 million by the end of 2033.
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Competition Analysis-
Key players in the global freezer bags market include
1. Thantawan Industry Plc.,
2. CeDo Ltd.,
3. Plastic Slovakia s.r.o.,
4. GELU- PLAST packaging films GmbH & Co.KG,
5. EURO - pac Unterrainer GmbH,
6. DUO-PAck Co. Ltd.,
7. Comcoplast Comco Commercial Cooperation GmbH,
8. Cofresco Frischhalteprodukte GmbH & Co. KG,
9. Forum-Plast GmbH,
10. Sun Plast (India),
11. Kerler GmbH,
12. Richmond Plastics Ltd.,
13. Simpac (U.K.),
14. Shanghai Huitai Packaging Co,LTD.,
15. Teong Chuan Plastic(M) Sdn Bhd.,
16. Eddi-Plastic GmbH,
17. American Bag Company,
18. Ahrbach Verpackungen GmbH,
19. Rudolf Klojer GmbH,
20. mk Plast GmbH & Co. KG, and
21. others.
Freezer Bags - Market Outlook
According to United States, Environmental Protection Agency (EPA) food waste accounts for 21.0% of the daily wate stream. According to EPA, more food reaches landfills and preventing this would help address climate change. Twenty percent of methane emissions in the U.S. come from landfills. Reducing food waste through proper storage and packaging solutions is the need of the hour.
Thanks to the availablity of deep freezer bags, food items and non-food items can be stored for longer durations without loss of aroma or freshness. Freezer bags comes in all shapes and sizes with different colours. They differ in thickness compared to standard zipper pouches. Zipper bags have higher thickness compared to standard zipper pouches.
Due to their high thickness, these bags can withstand extreme cold temperatures and do not form ice cubes at the outer surface of the food items.
What are the Factors Contributing to the Growth of the Global Freezer Bags Market?
The expansion of the food and pharmaceutical sectors is projected to play a salient role in developing the market growth during the forecast period. Benefits of freezer bags such as the lesser scope of punctures, increased thickness, better durability, and toughness. Thus, such bags are projected to gain significant traction and thus, grow the market in the forecast period. Increasing consumer preference for better storage and food packaging solutions and changing lifestyles are predicted to augment the market size in the coming time. The meat & poultry segment is anticipated to grow at a notable pace. This can be attributed to increased consumption of stored chilled meat.
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Key Segments Profiled in the Global Freezer Bags Market
Freezer Bags Market by Product Type:
Flat Freezer Bag
Satchel Freezer Bag
Block Bottom Freezer Bag
Freezer Bags Market by Material:
HDPE Freezer Bags
MDPE Freezer Bags
LDPE Freezer Bags
Freezer Bags Market by Application:
Freezer Bags for Food
Dairy Products
Seafood
Meat & Poultry
Fresh Vegetables & Fruits
Ready to Eat Food
Others
Freezer Bags for Nonfood Articles
Freezer Bags Market by Region:
North America Freezer Bags Market
Latin America Freezer Bags Market
Europe Freezer Bags Market
Asia Pacific Freezer Bags Market
Middle East & Africa Freezer Bags Market
Find Other Interesting Reports Here:
Plastic Tubes Market: https://www.futuremarketinsights.com/reports/plastic-tubes-market
Specialty Films Market: https://www.futuremarketinsights.com/reports/specialty-films-market
Isothermal Boxes for Vaccines Market: https://www.futuremarketinsights.com/reports/isothermal-boxes-for-vaccines-market
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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