The portion bags market is poised to achieve a significant value pool of US$ 12 billion by the end of 2022. Anticipated to grow steadily over the span of 2022 to 2032, the market is projected to register a promising CAGR of 3%. As the assessment period concludes, the global market is forecasted to soar to a remarkable market valuation of US$ 17 billion.
The global portion bags market is geographically segmented into North America, Asia Pacific, Latin America, Europe, and the Middle East & Africa, with each region presenting unique dynamics and opportunities.
In North America, the United States, known for its high obesity rates and oversized food portions, represents a fertile ground for the growth of the portion bags market. The trend of larger food sizes over the last two decades has led to increased demand for portion control and waste reduction. As a result, portion bags are gaining popularity as a means to manage serving sizes and reduce food waste.
Request Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-4468
In Europe, the United Kingdom stands out as a country with a high food wastage rate. The need to address food wastage issues is expected to drive steady growth in the demand for portion bags. These bags serve as an effective tool to control portion sizes and encourage responsible consumption.
Asia Pacific, on the other hand, is poised to experience moderate growth in the portion bags market. This can be attributed to the region’s rising disposable income levels and a growing working population. As people lead busier lives and have more purchasing power, the demand for convenient and portion-controlled food packaging is likely to increase.
In summary, the global portion bags market exhibits diverse regional dynamics driven by factors such as obesity rates, food wastage concerns, and economic factors. The market is expected to continue growing as consumers and businesses alike seek practical solutions for portion control and waste reduction.
Key Portion Bags Market Takeaways and Projections
- The U.S. is expected to lead the North America Portion Bags market, projecting the fastest growth in the region between 2022-2032
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Portion Bags market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global Portion Bags market. Some of the players in the global Portion Bags market are
- ITD Food Safety,
- Mondi Group,
- WinPak Ltd.,
- Prism Pak, Inc.,
- RH Packaging Ltd.,
- Biopac (UK) Ltd,
- Wegmans Food Markets, and
- Wasserstrom Restaurant Supply.
Portion Bags Market: Market Segmentation
The global portion bags market is segmented on the basis of material type, sealing type, packaging type, and geography. On the basis of material type, the global portion bags market is segmented into HDPE, LDPE, PP, and others. On the basis of sealing type, the global portion bags market is segmented into Heat seal, zipper top, and self-adhesive seal.
Arabic
Français
Español
Português
Deutsch
Türkçe
Dutch
Italiano
Russian
Romaian