Press release
Freezer Bags Market Players Seeking Heavy Attention to Reach US$ 6.07 Bn. by 2030
Freezer Bags Market
2023 global freezer bags market was valued at US $4.46 billion, projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030, reaching nearly US $6.07 billion. The surge in retail outlets, packaged & frozen food demand, and expanding pharmaceutical and supply‐chain sectors are fuelling this robust growth.
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►Competitive Landscape
Key players include Cofresco Frischhalteprodukte, S.C. Johnson & Son, Inc., Reynolds Consumer Products, Inteplast Group, Convex Innovative Packaging, Rutan Poly, PolyBags, Falcon Pack, Great American Packaging, International Plastics, and Maxpak Australasia . Companies are competing via product innovation (e.g. biodegradable, smart, vacuum-seal bags) and strategic expansions.
Growth Opportunity in the United States
The U.S. market is estimated at US $1.2 billion in 2024, with North America dominating . A significant demographic of American households-6.52 million users using over 21 bags weekly-underscores high per‐capita usage. Growth here is driven by meal-prepping trends, demand for leak‐resistant BPA-free bags, and heightened food safety standards .
Asia Pacific Trends
Asia Pacific commands the largest market share-approximately 41.3% in 2023-and is growing at the fastest pace. Opportunity arises from rapid food and pharma industry expansion in China, India, Japan, and Southeast Asia, rising disposable incomes, and increasing frozen food trade. Innovations like resealable stand-up pouches, vacuum bags, and biodegradable options are emerging here.
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Europe Trends & Market Growth
Europe's freezer bags market is growing steadily, driven by the EU's large poultry exports (13.4 million tons, +20.2% export growth) and rising consumer frozen food usage (83% households in 2020) . Growth is supported by demand for high-barrier packaging and eco-friendly solutions, with Germany projected to grow at ~2.8% CAGR .
Middle East & Africa: Consolidation & Demand
The Middle East & Africa region is experiencing consolidation, particularly in GCC and South Africa, with growing demand for perishable storage driven by expanding food & pharmaceutical sectors . Rising investments in cold-chain infrastructure are propelling market expansion.
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► Market Segmentation: In-Depth Analysis:
by Type
Flat bags
Satchel bags
Block bottom bag
by Material
High-Density Polyethylene (HDPE)
Medium Density Polyethylene (MDPE)
Low-Density Polyethylene (LDPE)
by End-user
Food & Beverage
Pharmaceuticals
Packaging
Others
For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/global-freezer-bags-market/26238/
► Learn about the top players driving innovation in the Market :
Cofresco Frischhalteprodukte GmbH & Co. KG
Comcoplast Comco Commercial Cooperation GmbH
Forum-Plast GmbH, Kerler GmbH
Sun Plast
CeDo Ltd.
Thantawan Industry Plc.
Plastic Slovakia s.r.o.
EURO - pac Unterrainer GmbH
GELU- PLAST packaging films GmbH & Co.KG
DUO-PAck Co. Ltd.
Richmond Plastics Ltd.
Shanghai Huitai Packaging Co,LTD.
Eddi-Plastic GmbH
Ahrbach Verpackungen GmbH
Simpac
Teong Chuan Plastic (M) Sdn Bhd.
American Bag Company
mk Plast GmbH & Co. KG
Rudolf Klojer GmbH
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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