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Hermetic Storage Bags Is Fastest Growing Segment Fueling The Growth Of Hermetic Storage Bags Market

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Pooja Khodke
Hermetic Storage Bags Is Fastest Growing Segment Fueling The Growth Of Hermetic Storage Bags Market

The global Hermetic Storage Bags Market is estimated to be valued at Us$ 1.07 Bn in 2023 and is expected to exhibit a CAGR Of 6.7% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.


Market Overview:

Hermetic Storage Bags are made up of high barrier materials like EVA, HDPE, polyamide, and aluminium foil laminates that help in maintaining oxygen and moisture levels inside the bag. These bags help in keeping food fresh for extended periods without any preservatives by preventing moisture and air exchange.


Market key trends:


One of the key trends in the Hermetic Storage Bags market is the rise in demand for long shelf-life food products. With changing lifestyles and busy schedules, consumers prefer food products that can be stored for longer durations without refrigeration. Hermetic Storage Bags help extend the shelf life of various products like grains, flour, seeds, coffee, tea etc. by 3-5 times compared to regular bags. The high moisture and gas barrier properties prevent spoilage through oxidation and also protect from external contamination. Moreover, clear visibility of contents and reusability are some other advantages fueling the demand in the market.


Segment Analysis


The global hermetic storage bags market is segmented by type, material, application and geography. By type, the market is divided into Zipper Bags, Gel Packaging Bags and non-Venting Self-Sealing Bags. The non-venting self-sealing bags segment dominates the market as it provides complete hermetic seal, prevents moisture and air penetration that can compromise stored contents like grains, seeds, food, etc. By material, the market is classified into Polyethylene, Polypropylene, Polyamide, PET and Aluminum Foil. Polyethylene dominates as it is chemically inert, transparent and highly affordable.


Key Takeaways

The Global Hermetic Storage Bags Market Size is expected to witness high growth, exhibiting CAGR of 6.7% over the forecast period, due to increasing demand for longer shelf-life food products.


Regional analysis


Asia Pacific dominates the global hermetic storage bags market with over 35% share majorly driven by high demand from countries like India and China. This is attributed to rapid economic development and rising health consciousness of people in the region. North America is the second largest market for hermetic storage bags due to high consumption of packaged food.


Key players


Key players operating in the hermetic storage bags market are GrainPro Inc., PackFreshUSA, ShieldPro Flexible Packaging, SorbentSystems, IMPAK Corporation, Green Storage Ltd., LPS Industries LLC, Seal King Europe B.V., TPB Plastech Limited, Integra Packaging. GrainPro Inc. dominates the market owing to its wide product portfolio and global presence.



Read More :  https://www.newsstatix.com/the-growing-demand-for-single-use-and-disposable-packaging-solutions-is-anticipated-to-open-up-the-new-avenue-for-hermetic-storage-bags-market/

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Pooja Khodke
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