Global food storage bag sales revenue is estimated to total USD 4,749.9 million in 2023 and it is projected to reach USD 8,832.1 million by 2033. Over the forecast period from 2023 to 2033, global demand for food storage bags is likely to rise at 6.4% CAGR.
In 2022, the global food storage bags market size was valued at USD 4,498.8 million and it is forecast to exhibit Y-o-Y growth of 5.6% in 2023. By 2033, the target market is projected to generate an attractive incremental growth opportunity of USD 4,333.4 million, expanding 1.9x times the current market value.
The commercial segment by end use accounted for around 49% market share in terms of value at the end of 2022. This is due to rising adoption of food storage bags in the commercial sector.
The plastic material segment with an estimated market share of more than 53.0% leads the food storage bags industry within the material category. Further, the target segment is expected to expand at a CAGR of around 5.4% over the forecast period.
In terms of application, fresh produce segment is anticipated to create an incremental opportunity of USD 867 million during the assessment period.
| Attributes | Key Insights |
|---|---|
| Estimated Global Food Storage Market Value (2023) | USD 4,749.9 million |
| Projected Market Size (2033) | USD 8,832.1 million |
| Value CAGR (2023 to 2033) | 6.4% |
| Collective Value Share: Top 5 Companies (2022A) | 15% to 20 % |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Food storage bags are packaging solutions designed to store and preserve several types of food items. These flexible, airtight, and resealable bags are mostly made from plastic materials such as polypropylene and polyethylene, paper, aluminum, silicon, and others.
Adoption of food storage bags allows end users to protect products from moisture, air, and contaminants. They help to significantly extend shelf life of food products. Food storage bags such as zip-top bags and freezer bags are gaining wider popularity due to their several advantages including reusability.
Food storage bags are becoming ideal solutions for marinating meats, storing leftovers, packaging meals for work or travel, and portioning food for future use.
Growing adoption of food storage bags in households, restaurants, hotels, and several other settings is expected to boost the target market during the forecast period.
Increasing consumer awareness about food safety and the importance of proper storage is likely to uplift food storage bag demand through 2033.
Consumers are paying more attention to keeping their food fresh and increasing its shelf life. They are aware that poor storage practices might result in deterioration, flavor loss, or even contamination. As a result, they use food storage bags.
Food storage bags offer a practical way to keep food fresh and shield it from pollutants, moisture, and air.
Similarly, consumers are becoming more and more aware of the dangers of contracting a foodborne illness from bacteria, mold, or other pollutants. Maintaining hygiene requirements and preventing cross-contamination are made easier with proper storage in food storage bags.
Food storage bags offer a barrier that shields food from outside elements that can jeopardize its safety. They offer convenience and portability for busy individuals. Further, these bags enable consumers to pack their meals or snacks for work, travel, or outdoor activities while ensuring proper storage and hygiene.
Changing food consumption habits is another key factor expected to positively impact food storage bag sales globally.
Food storage bags provide a practical and convenient solution for portioned meals, allowing individuals to easily store and organize their prepped food for the week. They protect against contamination, air exposure, and moisture, ensuring that the food stays fresh for longer periods.
Food storage bags enable individuals to portion out their meals and snacks, making it easier to manage calorie intake and maintain a balanced diet. These bags provide convenient portion-sized storage options for various food items.
As people lead increasingly busy lifestyles, there is a growing demand for convenient and portable food storage solutions. Food storage bags offer the flexibility to pack homemade meals, snacks, or ingredients for on-the-go consumption. They are lightweight, easy to carry, and often come with airtight seals, preventing leaks and spills during transportation.
Increasing demand for eco-friendly and sustainable packaging solutions coupled with development of biodegradable & compostable food storage bags is likely to foster market development.
According to Future Market Insights (FMI), global sales of food storage bags grew at a CAGR of 4.8% during the historic period from 2018 to 2022. Total market value increased from USD 3,722.6 million in 2018 to USD 4,498.8 million by 2022.
Looking ahead, the global food storage bags industry is projected to expand at 6.4% CAGR during the forecast period, reaching a valuation of USD 4,749.9 million by 2033.
Growing usage of food storage bags in households, hotels, restaurants, and other sectors is driving the global market forward. Similarly, rising focus on enhancing food safety is expected to create a high demand for food storage bags through 2033.
Consumer retail outlets provide food storage bags made from different materials, such as plastic, biodegradable options, or specialty materials designed for specific purposes. This variety allows customers to choose bags that align with their preferences, including sustainability considerations.
The lightweight and portable nature of food storage bags make them ideal for on-the-go consumption and packed lunches
Customers are reassured about the integrity and safety of packaged food by tamper-evident food storage bags. These characteristics include tear strips, tamper-evident seals, and labels that show symptoms of tampering or opening. It enables customers to confirm, before purchasing or usage, that the bag and its contents are secure.
Transparent food storage bags help promote improved sanitary practices while also allowing users to view the contents. Before using the bag, customers can inspect its cleanliness to make sure it is free of any stains, residue, or foreign items. This reduces the possibility of contamination while promoting food safety.
The need of consumers for food safety, freshness, and quality is reflected in the demand for transparent packaging choices in food storage bags. It facilitates their decision-making, lessens waste from pointless openings, and improves overall food safety.
Principal Consultant
| Country | United States |
|---|---|
| Market Share (2023) | 12.9% |
| Market Share (2033) | 10.7% |
| BPS Analysis | -220 |
| Country | China |
|---|---|
| Market Share (2023) | 10.7% |
| Market Share (2033) | 10.9% |
| BPS Analysis | 20 |
| Country | Germany |
|---|---|
| Market Share (2023) | 3.2% |
| Market Share (2033) | 2.6% |
| BPS Analysis | -60 |
| Country | Japan |
|---|---|
| Market Share (2023) | 10.7% |
| Market Share (2033) | 10.9% |
| BPS Analysis | 20 |
| Country | India |
|---|---|
| Market Share (2023) | 8.3% |
| Market Share (2033) | 8.8% |
| BPS Analysis | 50 |
According to Future Market Insights (FMI), Germany food storage bags market is estimated to thrive at a CAGR of 3.8% during the forecast period. Overall sales of food storage bags in Germany are likely to soar at a steady pace through 2033.
Rapid growth of food sector, implementation of new food safety regulations, and rise in export of food packaging are key factors expected to drive Germany market.
According to the Agricultural and Processed Food Products Export Development Authority, the German packaging and waste avoidance ordinance was replaced by the new packaging law on January 1, 2019. Before releasing packaged goods to the market, companies must register with a newly constituted national organization, the "Zentrale Stelle," to ensure transparency for all players in the market and to eliminate free-riding.
Food storage bags may be subject to laws governing health hazards, branding specifications, and material constraints. Trade barriers, tariffs, and international trade agreements can all have an impact on the import and export of food storage bags.
As per the latest analysis of Future Market Insights (FMI), China food storage bags market is projected to create an incremental opportunity of USD 485.3 million during the forecast period.
Growing focus on improving food security, expansion of HoReCa sector, and presence of leading food packaging companies are few of the key factors boosting China market.
To protect consumer health and reduce the danger of contamination, food storage bags must adhere to food safety rules. Companies must protect the designs, trademarks, and patents that are part of their intellectual property portfolios.
According to the China National Center for Food Safety Risk Assessment, food producers, food additive makers, and food-related product manufacturers must inspect their own products in compliance with food safety requirements.
When purchasing raw food materials, food additives, and food-related items, food makers should check the suppliers' production licenses and product certificates. Permissions are required for materials that do not meet food safety standards.
Regulations governing safety standards, labelling specifications, and material limitations may apply to food storage bags and the target market during the assessment period.
According to Future Market Insights (FMI), plastic is expected to remain the highly preferred material for producing food storage bags during the assessment period. The reason behind this is the strength, water resistance property, durability, and other features of plastic.
The attractive features of plastic make it favorable for a variety of applications. Plastic food storage bags are being widely used across sectors such as commercial and residential for storing and protecting a wide variety of products.
Growing end user preference for plastic food storage bags is expected to boost the target segment over the assessment period. The plastic segment is anticipated to hold around 58.0% share of the global food storage bags industry by the end of 2033.
Based on closure type, the global food storage bags industry is segmented into zipper, sliders, bags with twist ties, and fold tops. Among these, zipper remains the most popular type, owing to their various benefits.
The zipper closure segment holds a prominent market share in 2023. Further, it is expected to offer an incremental opportunity of USD 1,194.2 million during the forecast period.
A zip-closure bag is a robust airtight plastic bag that protects the product from oxidation and moisture. Zip lock bags are made of sturdy materials that successfully safeguard products, and their reusability makes them a popular choice for end use.
A zipper is most purchased by handbag consumers for a variety of reasons, including the practicality of a zipper, which is utilized to keep items secure inside the bag. Zippers make it simple to open and close a bag and are crucial in the design and aesthetic of a bag.
Growing usage of zipper closure bags across several sectors is expected to boost the target segment as well as the overall market during the assessment period.
Based on end use, the global market for food storage bags is segmented into commercial, institutional food services, and household use. Among this, the commercial segment is estimated to generate a high demand for food storage bags during the assessment period.
As per the latest analysis by Future Market Insights (FMI), commercial segment is anticipated to create an incremental opportunity of 1,387.5 million through 2033.
The demand for food storage bags in the commercial segment is shaped by several factors. These include the growth of the food service sector, expansion of restaurants & cafes, evolving consumer preferences towards take-out and delivery services, and a heightened focus on food safety and hygiene.
Rising need for reliable and convenient food storage solutions in commercial settings is another prominent factor expected to bolster food storage bag sales in the market.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Prominent food storage bag companies listed in the report include The Clorox Company (Glad), SC Johnson & Son, Inc. (Ziploc), and Reynolds Consumer Products LLC.
Key manufacturers of food storage bags are focusing on introducing new bags with user-friendly features as well as increasing their production capacity to meet the increasing end user demand.
Companies are exploring alternative packaging materials and designs to reduce environmental impact. This includes using renewable materials. Further, they also implement tactics such as acquisitions, mergers, and partnerships to strengthen their presence.
For instance,
| Attributes | Details |
|---|---|
| Estimated Market Value (2023) | USD 4,749.9 million |
| Projected Market Value (2033) | USD 8,832.1 million |
| Anticipated Growth Rate (2023 to 2033) | 6.4% CAGR |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Closure Type, Volume, Material, Application, End Use, Region |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, Russia, GCC Countries, China, India, Australia |
| Key Companies Profiled | Reynolds Consumer Products; Ziploc (S.C. Johnson & Son, Inc.); The Glad Products Company; Inteplast Group; Falcon Pack; Fantastic Industries Inc; Wuxi Tyler Packaging Products Co.,Ltd; Duropak Limited; OK Packaging Manufacturing Co., Ltd.; Universal Plastic Bags; Champion Plastics; Rishi FIBC Solutions PVT. Ltd; Handgards; RediBagUSA; Vera Plastics; Royal Bag Inc; Action Bags; Custom Poly Packaging; The Buckeye Bag Company; Vinbags; Sanipak; Buckerry India Private Limited; Tongcheng Tianbai Plastic Co., Ltd.; Weifang Kangle Plastics Co.,Ltd; ZipNow |
The Food Storage Bags Market CAGR for 2033 is 5.2%.
The market is estimated to reach USD 8,832.1 million by 2033.
Terumo BCT, Inc., Fresenius SE & Co. KGaA, Haemonetics Corporation are key market players.
The market is estimated to secure a valuation of USD 4,749.9 million in 2023.
Reusable bags are in higher demand, hoover sealing is becoming more popular, smart bags are tracking freshness, sustainable materials are on the rise, and customisation is expanding.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Key Success Factors 5. Global Market Demand Analysis 2018 to 2022 and forecast, 2023 to 2033 6. Global Market - Pricing Analysis 7. Global Market Demand (in Value or Size in USD Million) Analysis 2018 to 2022 and forecast, 2023 to 2033 8. Market Background 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Closure Type 9.1. Zipper 9.2. Sliders 9.3. Bags With Twist Ties 9.4. Fold Tops 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Volume 10.1. Small (Up to 1 Litres) 10.2. Medium (1 Litres to 3 Litres) 10.3. Large (Above 3 Litres) 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material 11.1. Plastic 11.2. Paper 11.3. Aluminum 11.4. Silicon 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 12.1. Dairy Product 12.2. Ready to Eat Food 12.3. Pet Food 12.4. Baby Food 12.5. Fresh Food 12.6. Bakery & Confectionery 12.7. Other (Dry Fruits, Spices & Condiments) 13. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 13.1. Commercial 13.2. Institutional Food Services 13.3. Household Use 14. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 14.1. North America 14.2. Latin America 14.3. East Asia 14.4. South Asia & Pacific 14.5. Western Europe 14.6. Eastern Europe 14.7. Central Asia 14.8. Russia & Belarus 14.9. Balkan & Baltic Countries 14.10. Middle East and Africa 15. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18. South Asia & Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 21. Central Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 22. Russia & Belarus Market Analysis 2018 to 2022 and Forecast 2023 to 2033 23. Balkan & Baltic Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033 24. Middle East & Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 25. Country wise Market Analysis 2023 & 2033 26. Market Structure Analysis 27. Competition Analysis 27.1. Reynolds Consumer Products 27.2. Ziploc (S.C. Johnson & Son, Inc.) 27.3. The Glad Products Company 27.4. Inteplast Group 27.5. Falcon Pack 27.6. Fantastic Industries Inc 27.7. Wuxi Tyler Packaging Products Co., Ltd 27.8. Duropak Limited 27.9. Universal Plastic Bags 27.10. Champion Plastics 27.11. Rishi FIBC Solutions PVT. Ltd 27.12. Handgards 27.13. RediBagUSA 27.14. Vera Plastics 27.15. Royal Bag Inc 27.16. Action Bags 27.17. Custom Poly Packaging 27.18. The Buckeye Bag Company 27.19. Vinbags 27.20. Sanipak 27.21. Buckerry India Private Limited 27.22. Tongcheng Tianbai Plastic Co., Ltd. 27.23. Weifang Kangle Plastics Co., Ltd 27.24. ZipNow 27.25. SUNPACK CORPORATION 28. Assumptions and Acronyms Used 29. Research Methodology
Explore Packaging Insights
View Reports
Food Storage Bags Market
