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Freezer Bags Market - Global Opportunity Analysis and Industry Forecast, 2020-2027
| A10812 | Pages: NA | Jun 2021 | 42 Views | | |
| Author(s) : Eswara Prasad | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Freezer Bags Market
Request Now !Freezer bags are special quality plastic bags that are used to store food, medicine, and other commodities in a freezer. These bags come in different shapes and sizes and have tight end seals that prevent air from entering the bag. Freezer bags are made with high quality polyethylene that can resist extreme cold temperatures and prevent the formation of ice inside the bag. Bags are extensively used for packaging purposes in the food & beverage and in the pharmaceutical industry as wraps and pouches.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD) |
Segments covered | Type, Material, End-use Industry,and Region |
Geographies covered | North America (U.S. and Canada), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of LATAM) and Middle East and Africa (Saudi Arabia, UAE, Kuwait, South Africa, and Rest of MEA) |
Companies covered | S. C. Johnson & Son, Inc., International Plastics, Inc., Reynolds Consumer Products LLC, Weston Brands LLC, Inteplast Group, Abbey Polythene Ltd., Universal Plastic Bag Manufacturing Co., Maxpak Australasia Pty. Ltd., Polybags Limited, Weifang ChangLe Shuguang Industry Co., Ltd., Great American Packaging, Inc., and Convex Innovative Packaging. |
COVID-19 scenario analysis:
- The outbreak of the COVID-19 pandemic has impacted the global freezer bags market to a great extent.
- Since the advent of the global pandemic, the people around the globe are advised to avoid going to crowded places to prevent the transmission of the virus. This is caused an increase in preference toward the e-commerce services and obtain package food to the doorstep. This has resulted in a rise in demand for freezer bags around the world.
- Moreover, as a result of the global pandemic, there is a high demand for medicines in the healthcare sector. The applications for freezer bags has increased drastically in the hospitals and other health care facilities for storing lifesaving drugs and this has caused an upsurge in demand for freezer bags in the market.
Top impacting factors: Market Scenario Analysis, Trends , Drivers and Impact Analysis
One of the major factors responsible for the rise in demand for freezer bags is the increase in consumer preference toward packaged food across the globe. With the rapid urbanization and the increase in disposable income among the consumers, a noticeable change in lifestyle is observed among the people. Due to the fast moving busy lifestyle, consumers have started preferring convenient packaging solutions for preserving food to store them with minimum risk of wastage or contamination. The freezer bags play an important role in the storage of meat and poultry based products to ensure their freshness and quality. Also, the freezer bags play a vital role in the healthcare sector. They are used to store medicines and vaccines that are needed to be preserved in cold temperatures for a longer period. Several major companies are investing in the R&D for developing better quality freezer bags that offer high durability and reliability to the customers. For instance, the Johnson and Johnson Inc., a U.S. based manufacturer has introduced a premium quality freezer bag under the brand Ziplock in 2015. Such developments are expected to boost the market growth during the forecast period. However, several environmental concerns associated the disposability of these freezer bags limit the market growth.
The market in the North America region accounts for the major share of the global freezer bags market owing to the high demand for packaged food & beverages in the developed nations such as the U.S. The marketing in the Asia-Pacific region is also expected to grow at a significant pace because of the rapid development in the food & beverage sector and the rise in demand for packaged food in the highly populated developing nations in the region.
Key segments covered:
Segments | Sub-segments |
Type |
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Material |
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End-use Industry |
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Key benefits of the report:
- This study presents the analytical depiction of the global freezer 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 detailed analysis of the global freezer bags market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global freezer bags market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global freezer bags market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the Freezer Bags Market research report:
- What are the leading market players active in the freezer bags market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
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