The global freezer bags market is projected to be valued at USD 4,808.2 million in 2023, with experts from Future Market Insights (FMI) predicting a steady growth trajectory at a compound annual growth rate (CAGR) of 3.8% through 2033. The market is expected to reach a remarkable USD 6,981.6 million by the end of the forecast period.
The primary driver of this growth is the increasing demand for packaged food products across numerous economies. As consumer lifestyles become more fast-paced, there is a rising preference for practical and efficient food storage solutions. This shift toward convenience is fueling the widespread use of freezer bags, with vacuum seal bags in particular gaining popularity for their ability to preserve food freshness and reduce contamination risks.
Additionally, the expansion of the freezer bags market is being supported by growing consumer awareness around food packaging and storage options that align with modern, dynamic lifestyles. Urbanization and increasing disposable incomes are further boosting demand for frozen food storage bags, especially in emerging markets.
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In particular, the meat and poultry industry is expected to be a significant contributor to the rising demand for heavy-duty freezer bags, a trend that will continue to shape the market in the coming years. Ziplock freezer bags are also becoming increasingly popular, offering an easy and efficient way to store, preserve, and organize food while helping reduce waste and extend the shelf life of perishable goods.
With the rising global focus on reducing food waste, freezer bag solutions are poised to play an even greater role in the food packaging sector, creating new opportunities for emerging brands in the marketplace. As public authorities place greater emphasis on sustainability and reducing food wastage, the demand for effective food storage and preservation solutions like freezer bags will continue to rise.
Key Takeaways: Freezer Bags Market
- The global sales of freezer bags grew by 2.5% year-on-year between 2018 and 2022.
- In 2022, the global market for freezer bags reached a valuation of USD 4,632.2 million.
- Europe contributed significantly to the freezer bag market, holding a 28% market share by 2022.
- North America was the largest consumer of freezer bags, accounting for 33% of the global market share until 2022.
- Low-Density Polyethylene (LDPE) is the dominant material used for making freezer bags, contributing to more than 50% of the total market volume.
Competitive Landscape
Leading market companies have demonstrated resilience and adaptation to address the challenges posed by rigorous legislation and restrictions on plastic freezer bag types. They are focusing more on innovation and researching materials and freezer bag alternatives that comply with regulatory standards and environmental concerns.
Established layers maintain their market dominance by seizing new market opportunities through innovation and design for freezer bags for travel or camping. Collaborations with research institutes and organizations to develop procedures and materials that meet freezer bag safety standards could be game changers.
Key Players
- Thantawan Industry Plc.
- CeDo Ltd.
- Plastic Slovakia s.r.o.
- GELU- PLAST packaging films GmbH & Co.KG
- EURO – pac Unterrainer GmbH
- DUO-PAck Co. Ltd.
- Comcoplast Comco Commercial Cooperation GmbH
- Cofresco Frischhalteprodukte GmbH & Co. KG
- Forum-Plast GmbH
- Sun Plast (India)
- Keller GmbH
- Richmond Plastics Ltd.
- Simple (United Kingdom)
- Shanghai Huitai Packaging Co, LTD.
- Teong Chuan Plastic (M) Sdn Bhd.
- Eddi-Plastic GmbH
- American Bag Company
- Ahrbach Verpackungen GmbH
- Rudolf Klojer GmbH
- mk Plast GmbH & Co. KG
Key Segments Profiled in the Global Freezer Bags Market
Freezer Bags Market by Product Type:
- Flat
- Satchel
- Block Bottom
- PP
- Nylon
- Polyester
Freezer Bags Market by Material Type:
- HDPE
- MDPE
- LDPE
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 Non-food Articles
Freezer Bags Market by Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- The Middle East & Africa (MEA)
About Future Market Insights (FMI)
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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