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Boil-In Bags Market - Forecasts from 2019 to 2024

  • ID: 4801788
  • Report
  • 112 pages
  • Knowledge Sourcing Intelligence LLP
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FEATURED COMPANIES

  • Four Start Plastics
  • Granitol A.S.
  • H.B. Fuller Company
  • M & Q Packaging LLC
  • Packit Gourmet
  • Sealed Air Corporation
  • MORE
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
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Four Start Plastics
  • Granitol A.S.
  • H.B. Fuller Company
  • M & Q Packaging LLC
  • Packit Gourmet
  • Sealed Air Corporation
  • MORE
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources

3. KEY FINDINGS

4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. BOIL-IN BAGS MARKET BY MATERIAL
5.1. Aluminum
5.2. Plastic
5.3. Paper

6. BOIL-IN BAGS MARKET BY APPLICATION
6.1. Frozen food
6.2. Rice
6.3. Bakery & Confectionary
6.4. Others

7. BOIL-IN BAGS MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others

8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players

9. COMPANY PROFILES
9.1. Synpac Limited
9.2. Packit Gourmet
9.3. Granitol A.S.
9.4. Universal Plastic Bag Manufacturing Co.
9.5. H.B. Fuller Company
9.6. UltraSource LLC
9.7. Ever Glory Packaging Group Limited
9.8. Flexipol Packaging Limited
9.9. M & Q Packaging LLC
9.10. Sealed Air Corporation
9.11. Four Start Plastics
Note: Product cover images may vary from those shown
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  • 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
  • Four Start Plastics
Note: Product cover images may vary from those shown
5 of 4

The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.

The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.

The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.

 

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