The latest research report entitled Freezer Bags Market (by product type (containers and bags), material type (PVC, PET, polypropylene, polystyrene, polyurethane), end-use (pharmaceuticals, chemicals, and food)) provides complete and deep insights into the market dynamics and growth of freezer bags.
The latest information on market risks, industry chain structure freezer bags cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential freezer bags growth factors. According to the report the global freezer bags market is projected to grow at a CAGR of 3.9% over the forecast period of 2018-2024.
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Freezer bags are made of high-density polyethylene (HDPE), medium-density polyethylene (MDPE) and low-density polyethylene (LDPE). Due to their high thickness, these bags can withstand extremely cold temperatures and do not form ice cubes at the outer surface of the food items. These bags provide deep protection against freezer burns. Freezer bags can be transparent or colored. It is used to slow down the freezing on the outside of food so that consumer does not get so many ice crystals on the outside of the food. Freezer bags help to store food for longer durations with extended shelf life.
The global freezer bags market is characterized by the growing demand for freezer bags due to their wide-spread usage in food, pharmaceutical, and other industries. Additionally, rising demand from end-use application segments such as meat, poultry, ready to eat food, dairy, seafood, and fruits & vegetables are boosting the demand of these bags globally. Global freezer bags market is expected to expand at a lucrative CAGR during the forecast period, due to Freezer bags market is anticipated to witness rising consolidation (mergers & acquisitions, joint ventures, collaborations) during the forecast period.
The market is also marked with the advancement in manufacturing technology. Changing lifestyle and increasing consumer preference for more convenient food packaging and storage solutions are anticipated to drive the global freezer bags market during the forecasted period. A busy lifestyle is influencing the consumers to choose freezer bags, which protect perishable food items like ready to eat meals, dairy, fruits & vegetables, fresh & processed meat, seafood, etc.
Rising awareness about food wastage is also driving the demand for freezer bags during the forecast period. Among the geographies, the North America and Europe region accounted for the highest market share in 2017 followed by the Asia Pacific. Asia Pacific region is expected to see the highest growing region in terms of CAGR. The growing demand for different product items such as food, pharmaceuticals, fresh meat, and other perishable items are boosting the Asia-Pacific market.
The report on the global freezer bags market covers segments such as product type, material type, and end-user. On the basis of product type the global freezer bags market is categorized into containers and bags. On the basis of material type the global freezer bags market is categorized into PVC, PET, polypropylene, polystyrene, polyurethane, and nylon. On the basis of end-user the global freezer bags market is categorized into pharmaceuticals, chemicals, and food.
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Major Key Players Mentioned in this Premium Report
The report provides profiles of the companies in the global freezer bags market such as Cryopak, Sonoco Products Company, Sofrigam SA Ltd., Pelican Biothermal LLC, ACH Foam Technologies, LLC, Cold & Co Sprl, Tecnisample s.l., Saeplast Americas Inc., AccsA’tech Medical Systems and Tempack Packaging Solutions, S.L.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the freezer bags.
=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2024.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.