Hermetic Storage Bags Market, By Type (Single-Layer, Double-Layer, and Triple-Layer), By Application (Wheat, Corn, Coffee Beans, and Others),By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Global hermetic storage bags market is estimated to reach US$ 1.68 Bn by 2030, from US$ 1.07 Bn in 2023, exhibiting a CAGR of 6.7% during the forecast period.

Figure 1. Global Hermetic Storage Bags Market Share (%), By Region, 2022

Hermetic storage bags are specialized, airtight and waterproof bags made for preserving and increasing the shelf life of different products, particularly food items. Grain and seed products are kept fresh in airtight hermetic storage bags. Hermetic bags alter the internal atmosphere of grains that are being stored by lowering the oxygen content and raising the carbon dioxide content to prevent the growth of molds that produce harmful mycotoxins. The grain is shielded from deterioration by the hermetic bag that stops moisture from reabsorbing into the grain. Hermetic storage bags are airtight bags that prevent the entry of air, moisture, and other contaminants into the stored product. They are used to store a variety of products, including food, pharmaceuticals, and chemicals.

Market Dynamics:

Enhanced knowledge of food safety diets is expected to drive the global hermetic storage bags market growth over the forecast period. Consumers are using hermetic storage bags more frequently to preserve the freshness and quality of their food in response to rising worries about food safety. Defense against contaminants can fuel growth of the global hermetic storage bags market over the forecast period. Hermetic storage containers serve as a defense against external pathogens such as bacteria, mold, dust, and insects. Growing need for food storage solutions can create new opportunities for the global hermetic storage bags market over the forecast period. The increasing demand for food preservation and the growing popularity of e-commerce are the key factors driving the growth of the market

Limited understanding and adoption are expected to hamper growth of the global hermetic storage bags market over the forecast period. Consumers may still be unaware of and underappreciate the advantages of these products.

Key features of the study:

• This report provides in-depth analysis of the global hermetic storage bags market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global hermetic storage bags market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include GrainPro Inc., PackFreshUSA, ShieldPro Flexible Packaging, SorbentSystems,/ IMPAK Corporation, Green Storage Ltd., LPS Industries LLC, Seal King Europe B.V., TPB Plastech Limited, and Integra Packaging
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global hermetic storage bags market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hermetic storage bags market

Detailed Segmentation:

• Global Hermetic Storage Bags Market, By Type:
  • Single-layer
  • Double-layer
  • Triple-layer
• Global Hermetic Storage Bags Market, By Application:
  • Wheat
  • Corn
  • Coffee beans
  • Others
• Global Hermetic Storage Bags Market, By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East& Africa
• Company Profile:
  • GrainPro Inc.
  • PackFreshUSA
  • ShieldPro Flexible Packaging
  • SorbentSystems
  • IMPAK Corporation
  • Green Storage Ltd.
  • LPS Industries LLC
  • Seal King Europe B.V.
  • TPB Plastech Limited
  • Integra Packaging