Category

Boil-In Bags Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Material (Aluminum, Plastic, Paper), By Application (Frozen Food, Rice, Bakery & Confectionary, Others) And By Geography - Forecasts From 2019 To 2024

Published: May 2021 | Report Code:  KSI061612621 | Pages:  130

The global boil-in bags market is expected to grow at a CAGR of 4.23% to reach US$406.328 million by 2024 from US$316.972 million in 2018.

Boil-in bags is a type of packaging which is used for the packing of food items which can later be heated in boiling water. These bags are flexible and affordable for use. The demand for ready to eat food is on a rise owing to the busy life schedule. Therefore, the increasing consumer demand for convenience food is expected to drive the growth of the boil-in bags market. Further, the growing food & beverage industry is anticipated to fuel the market. However, growing awareness regarding the use of eco-friendly products is expected to hinder the market. Asia-Pacific is projected to be a prominent region owing to the increasing disposable income and growing food and beverage industry. North America and Europe are also anticipated to hold a significant share in the market owing to the rising preference for frozen food by the consumers during the forecast period.

DRIVERS
Rising demand for ready to eat food.
Growing food & beverage sector.

RESTRAINTS
Growing preference for eco-friendly products.

The major players profiled in the Boil-In Bags market include Synpac Limited, Packit Gourmet, Granitol A.S., Universal Plastic Bag Manufacturing Co., H.B. Fuller Company, UltraSource LLC, Ever Glory Packaging Group Limited, Flexipol Packaging Limited, M & Q Packaging LLC, Sealed Air Corporation, and Four Start Plastics.

Segmentation

The boil-in bags market has been analyzed through the following segments:

By Material
Aluminum
Plastic
Paper

By Application
Frozen food
Rice
Bakery & Confectionary
Others

By Geography

North America
USA
Canada
Mexico

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others


Frequently Asked Questions (FAQs)

Q1. What will be the boil-in bags market size by 2024?
A1. The global boil-in bags market is expected to reach a total market size of US$406.328 million in 2024.
 
Q2. What are the growth prospects for boil-in bags market?
A2. The boil-in bags market is expected to grow at a CAGR of 4.23% over the forecast period.
 
Q3. What is the size of global boil-in bags market?
A3. Boil-in Bags market was valued at US$316.972 million in 2018.
 
Q4. What factors are anticipated to drive the boil-in bags market growth?
A4. The increasing consumer demand for convenience food is expected to drive the growth of the boil-in bags market.
 
Q5. Which region holds the largest market share in the boil-in bags market?
A5. Geographically, Asia-Pacific holds a significant share in the boil-in bags market owing to the increasing disposable income and growing food and beverage industry.

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