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Freezer Bags Market Trends

ID: MRFR//10902-HCR | 128 Pages | Author: Snehal Singh| July 2024

Global Freezer Bags Market Overview

Freezer Bags Market Size was valued at USD 4.5 Billion in 2022. The Freezer Bags industry is projected to grow from USD 4.7 Billion in 2023 to USD 6.8 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.80% during the forecast period (2023 - 2032). Rising consumer demand for efficient storage and food packaging, growing consumption of stored chilled meat, and R&D activities are the key market drivers enhancing the market growth.
Freezer Bags Market Overview
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Freezer Bags Market Trends

  • Growing demand for efficient storage is driving the market growth

Market CAGR for freezer bags is driven by the rising preference for efficient storage and food packaging solutions. As hectic lifestyles grow more common, customers look for effective ways to store and organize their food. Food items can be preserved quickly and efficiently in freezer bags, requiring little preparation time when needed.

Additionally, portion control and longer food preservation are required as the number of single-person households rises. Pre-portioned meals can be stored in freezer bags, reducing food waste and accommodating lower serving sizes. The need for efficient food preservation technologies is driven by increased awareness of reducing food waste and improving sustainability. Freezer bags support this sustainability objective by preserving the quality and extending the shelf life of perishable goods. Moreover, due to the popularity of convenience foods and meal planning, effective storage options for batch-cooked or pre-prepared meals are now necessary. Individuals can organize and preserve their meals using freezer bags, which promotes this culinary trend.

During storage, meat and poultry products must be kept in freezer bags to maintain their quality and freshness. Freezer bags are crucial for meat and poultry products to remain fresh and of high quality while being stored. Additionally, freezer bags are essential to the health industry. They are used to store vaccines and pharmaceuticals that must be kept cold for a long time. Several sizable businesses are investing in R&D to produce freezer bags of higher caliber that provide customers with long-term dependability and durability. As a result, it is anticipated that demand for freezer bags will increase throughout the projection period due to the rising customer requirement for efficient storage. Thus driving the Freezer Bags market revenue.

Freezer Bags Market Segment Insights

Freezer Bags Product Type Insights

The Freezer Bags market segmentation, based on product type, includes flat, satchel, block bottom, PP, nylon, and polyester. The flat bags segment dominated the market, accounting for the maximum market revenue. Flat bags are useful and adaptable, making them appropriate for various uses. Additionally, their economic effectiveness, packing simplicity, and ease of storage have acquired popularity across various end-user sectors.

Freezer Bags Material Type Insights

The Freezer Bags market segmentation, based on material type, includes HDPE, MDPE, and LDPE. The HDPE category generated the most income. HDPE (High-density polyethylene) segment is a polymer composed mainly of unbranched chains. It also includes both linear and branching varieties. It is to have more rigidity, improved dimensional stability, and better chemical resistance than other polymers because of its low density. The most popular applications for HDPE include packaging and plastic bags.

Freezer Bags Application Insights

The Freezer Bags market segmentation, based on application, includes freezer bags for food and freezer bags for non-food articles. The freezer bags for the food category generated the maximum revenue. Food is kept for longer by using freezer bags. Foods that can be frozen in freezer bags include meats, fruits, and vegetables. These three groups also cover seafood, poultry, and even prepared meals and snacks. The items can remain fresh for months if properly stored in a freezer bag.

Figure 1: Freezer Bags Market, by Application, 2022 & 2032 (USD Billion)
Freezer Bags Market, by Application
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Freezer Bags Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The North American Freezer Bags market area will dominate this market, owing to an increase in packaged food and beverage demand. In addition, the higher spending capacity of citizens will boost market growth in this region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe's Freezer Bags market accounts for the second-largest market share due to the demand for packaged foods. Further, the German Freezer Bags market held the largest market share, and the UK Freezer Bags market was the fastest growing market in the European region.

The Asia-Pacific Freezer Bags Market is expected to grow fastest from 2023 to 2032 due to increasing demand for food, fresh meat, pharmaceuticals, and other perishable items. Moreover, China's Freezer Bags market held the largest market share, and the Indian Freezer Bags market was the fastest-growing market in the Asia-Pacific region.

Freezer Bags Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the Freezer Bags market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Freezer Bags industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Freezer Bags industry to benefit clients and increase the market sector. In recent years, the Freezer Bags industry has offered some of the most significant advantages to packaged products. Major players in the Freezer Bags market, including Cofresco Frishhalteprodukte GmbH & Co. KG, Comcoplast Comco Commercial Cooperation GmbH, Forum-Plast 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) Sdh Bhd., American Bag Company, mk Plast GmbH & Co. KG, Rudolf Klojer GmbH, and others, are attempting to increase market demand by investing in research and development operations.

Louis Vuitton Malletier (LV), is a French luxury fashion house. The company established in 1854 by Louis Vuitton. The LV design can be seen on most of the brand's items, including high-end bags and leather goods, ready-to-wear, shoes, perfumes, watches, jewelry, accessories, sunglasses, and books. One of the top international fashion houses is Louise Vuitton. It offers its goods online through lease sections at upscale department stores and independent shops. In August 2023, the new freezer bags from Louis Vuitton, created in association with Colm Dillane of KidSuper, are a part of their Fall/Winter line. These bags, which are about USD 4,000 in price, skillfully resemble regular silver freezer pouches, giving high fashion a lighthearted touch.

The Dow Chemical Company created the Ziplock brand of reusable, resealable sliding channel bags and containers 1968. S.C. Johnson & Son presently manufactures them. SC Glade, Kiwi, OFF!, Pledge. Mr. Muscle, Duck, Baygon, and Raid are among the Johnson brands. Some additional brands include Ziplock, Scrubbing Bubbles, Windex, Autan, Baman, Shout, Mrs. Meyers, Babyganics, Method, and Ecover. The company has a unique kind of business. The company doesn't have to answer Wall Street because it is a family-owned and led-business. Companies act ethically towards people and the environment because they feel they are here for the greater good.

For usage with various items, plastic bags and containers are available in a variety of sizes. The company sells bags for numerous uses, including sandwich bags, snack bags, and other bags. Aldo Clavijo has said that they are manufactured expressly to be microwaved. SC Johnson has shared the same vision with families globally for more than 130 years: The company aims to improve the world for the coming generations. It forms the basis of its mission, "A Family Company at Work for a Better World," which the company upholds—a more equal, open, and healthy world with more significant opportunities for everyone. The company is dedicated to lowering its carbon emissions, energy use, and waste production, quickening the shift to a circular economy, and advancing sustainability initiatives that result in long-lasting change. In July 2022, The Endurables product line from Ziploc, which includes silicon pouches and containers made for flexible meal preparation, cooking, and storage, was launched. These reusable, platinum silicon containers can resist high temperatures and are suitable for sous vide, boiling, steaming, microwave cooking, freezing, and oven use.

Key Companies in the Freezer Bags market include

  • Cofresco Frishhalteprodukte 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

Freezer Bags Industry Developments

April 2023: Huhtamaki introduced a new range of mono-material flexible packaging. When they comprise just one material, they are more straightforward to recycle. One example of converting flexible packaging to produce more environmentally friendly packaging is Huhtamaki's mono-material flexible packaging.

February 2023: ProActive Recyclable R-2050, a polyethylene-based structure that serves the European market as a sustainable substitute for traditional multi-material laminates, was introduced by ProAmpac. R-2050 is offered in standard and high-barrier versions to preserve or prolong the shelf life of food goods and offers high-speed filling line efficiency.

April 2022: Amcor recently introduced a new line of flexible packaging that can be composted in residential or commercial composting facilities and is created from plant-based materials. A good example is the compostable flexible packaging from Amcor.

Freezer Bags Market Segmentation

Freezer Bags Product Type Outlook

  • Flat

  • Stachel

  • Block Bottom

  • PP

  • Nylon

  • Polyester

Freezer Bags Material Type Outlook

  • HDPE

  • MDPE

  • LDPE

Freezer Bags Application Outlook

  • Freezer Bags for Food

  • Freezer Bags for Non-Food Articles

Freezer Bags Regional Outlook

  • North America

    • US

    • Canada

  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific

  • Rest of the World

    • Middle East

    • Africa

    • Latin America

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