In
order to bolster positions in the global oven bags and pouches
market, keen players are resorting to product development. This has
led to a proliferation of eye-catching products with better
functionalities.
Some
of the noteworthy players in the global oven bags and pouches market
are S. C. Johnson & Son, Reynolds Group Holdings Ltd, Sealed Air
Corporation, Mondi Group, Berry Global Group, Inc., The Clorox
Company, Bemis Company, Inc., DuPont Teijin Films U.S. Limited
Partnership, Gr. Sarantis SA, M&Q Packaging, LLC, The Schur
Flexibles Group, FFP Packaging Ltd., Sunkey Plastic Packaging Co.
Ltd, Sirane Limited, Flexopack SA, Planit Products Ltd., Clifton
Packaging Group Ltd., TCL Packaging Ltd., Aalmir Plastic Industries
LLC, and Terinex Ltd.
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A
report by Transparency Market Research predicts the global oven bags
and pouches market to rise at a steady CAGR of 8.0% from 2017 to 2025
to become worth US$3.9 bn by the end of 2025 from US$2.0 bn in 2016.
The
global oven bags and pouches market can be segmented based on
different parameters. Depending upon the type of material, for
example, the market can be segmented into nylon, PET, aluminum, and
others such as PE, PP, etc. Among them, the segment of nylon is
estimated to rise at a CAGR of 8.4% during the period between 2017
and 2025.
Geographically,
the key segments of the global oven bags and pouches market are North
America, Latin America, Europe, Asia Pacific, and the Middle East and
Africa. Europe dominates the global oven bags and pouches market
vis-à-vis both value and volume. The region is predicted to consume
3,682,045 thousand units of oven bags and pouches by 2025-end.
Demand
for Convenient Packaging Solutions Benefits Market
At
the forefront of driving demand in the global oven
bags and pouches market is the rising demand for convenient
packaging solutions worldwide. “The oven bags and pouches are easy
to use as one can directly put food in the oven bag and then place it
inside a conventional or microwave oven. The oven bags are safe to
use and can withstand temperatures up to 220-degree centigrade,”
explains the lead analyst of the TMR report.
Health
Hazards Posed by Oven Bags and Pouches Negatively Impacts Demand
Serving
to pose a roadblock to the burgeoning demand for oven bags and
pouches is the concerns about the health hazards presented by them on
account of the migration of the volatile and non-volatile organic
compounds from the oven bags to the food items placed in them. In
addition, the plastic materials used for the production of oven bags
take a lot of time to biodegrade and hence affect the environment
too. The oven bags and pouches market also faces some technological
challenges related to innovation and improvement in existing product
portfolio.
Emergence
of new products such as stand-up ovenable pouches is however helping
overcome such challenges by opening up new routes of market
expansion.
This
review is based on the findings of a TMR report, titled, “Oven Bags
and Pouches Market (Material Type - Nylon, PET, and Aluminum;
Packaging Size - Less than 150X280 mm, 150X280 mm to 250X380 mm,
250X380 mm to 350X480 mm, and More than 350X480 mm; Packaging Type -
Bags and Pouches; Sales Type - Institutional Sales and Retail Sales;
Seal Type - Adhesive Seal and Heat Seal; End Use - Meat, Poultry,
Seafood, Ready-to-eat Meal, and Vegetables) - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2025.”
The
Global Oven Bags and Pouches Market is segmented as below:
By
Material Type
- Nylon
- PET
- Aluminum
- Others (PE, PP, etc.)
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