Sarasota, FL -- (SBWire) -- 01/26/2019 --Global Boil-in Bags Market: Overview
Boil-in bags are a form of packaging items that are used to pack food items so that the food can be cooked or heated in hot water. Positive developments witnessed in the frozen food sector are projected to be the most important aspect contributing toward the boil-in bags market on a global scale. The boil-in bags market is gaining popularity due to altering lifestyles of people, especially in urban areas, which, in turn, is increasing the demand for ready-to-eat food items.
Global Boil-in Bags Market: Growth Factors
The major growth driver in the global boil-in bags market is the growing demand and requirement for ready-to-eat food products worldwide. Consumers are likely to generate higher demand and requirements for convenience and frozen food products, which, in turn, are expected to fuel the expansion of the boil-in bags market globally in the upcoming years. Owing to busy lifestyles and hectic schedules, customers are choosing ready-to-eat food items over conventional meals, which need time for preparation. Several companies are producing boil-in bags in a way so that they are attractive and trendy as well as increase the shelf lives of the products. This is also contributing toward the expansion of this market's growth and development.
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Growing consumer awareness regarding the usage of eco-friendly products might hamper the development of the boil-in bags market, owing to the non-biodegradable nature of these boil-in bags.
Global Boil-in Bags Market: Segmentation
The global boil-in bags market battery market is segmented based on material type, sales type, application, appearance, and packaging size. By material type, the boil-in bags market size is categorized into aluminum foil, plastic (nylon, polyesters, polyethylene, and CPP), and others. By sales type, this market is bifurcated into retail and institutional sales. By application, this market is fragmented into bakery and confectionary, rice and cereals, ready-to-eat meals, frozen foods (seafood, poultry, and meat), and others. The frozen food segment is likely to dominate the market for boil-in bags, due to customer requirements for ready-to-eat food items. By appearance, this market is classified into printed, opaque, and transparent. By packaging size, this market is segregated into above 380x500 mm, between 240x380 and 380x500 mm, between 150x240 and 240x380 mm, and below 150x240 mm.
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Global Boil-in Bags Market: Regional Analysis
Based on geography, the global market for boil-in bags can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is likely to lead the boil-in bags market in the upcoming years, both in terms of volume and value. This is due to the rising number of one-person households in the region. The Asia Pacific region is anticipated to grow at a substantial rate in the forecast timeframe. This is due to the growing disposable income of the population, especially in developing countries, such as China and India.
Global Boil-in Bags Market: Competitive Players
Some international key players operating in the market for boil-in bags are Dongguan Ever-Glory Plastics Package, Shenzhen Dingqi Pack, Shenzhen Ken Hung Hing Plastic Products, Shenyang Dongya Composite Packaging & Color Printing Factory,M & Q Packaging, SynpacLimted, US Poly Pack, Granitol, UltraSource, Packit Gourmet, ProAmpac, and Universal Plastic Bag, among others.
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Global Boil-in Bags Market: Regional Segment Analysis
North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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Boil-in Bags Market: Assessment of Niche Industry Developments by 2018–2024
Based on geography, the global market for boil-in bags can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is likely to lead the boil-in bags market in the upcoming years, both in terms of volume and value. This is due to the rising number of one-person households in the region. The Asia Pacific region is anticipated to grow at a substantial rate in the forecast timeframe. This is due to the growing disposable income of the population, especially in developing countries, such as China and India.