The demand of Freezer Bags is rising due to the growing disposable income worldwide.
Market Analysis and Insights: Global Freezer Bags Market
Due to the COVID-19 pandemic, the global Freezer Bags market size is estimated to be worth US$ 3382.8 million in 2022 and is forecast to a readjusted size of US$ 3854.6 million by 2028 with a CAGR of 2.2% during the review period. Fully considering the economic change by this health crisis, HDPE (High-density polyethylene) accounting for % of the Freezer Bags global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Food segment is altered to an % CAGR throughout this forecast period.
China Freezer Bags market size is valued at US$ million in 2021, while the US and Europe Freezer Bags are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Freezer Bags landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Freezer Bags include Cryopak, Sonoco, Sofrigam, Pelican Biothermal, Va-Q-tec, ACH Foam, Saeplast, AccsA'tech and Tempack, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Freezer Bags Scope and Segment
Freezer Bags market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Freezer Bags market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
HDPE (High-density polyethylene)
MDPE (Medium-density polyethylene)
LDPE (Low-density polyethylene)
Segment by Application
Food
Pharmaceuticals
Medical Devices
Others
By Company
Cryopak
Sonoco
Sofrigam
Pelican Biothermal
Va-Q-tec
ACH Foam
Saeplast
AccsA'tech
Tempack
Advanced Products Portugal
Cold Chain Technologies
Envirotainer
Snyder Industries
Inno Cool
Exeltainer
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E