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  • Published In : Nov 2023
  • Code : CMI6044
  • Pages :140
  • Formats :
      Excel and PDF
  • Industry : Consumer Goods

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. Increasing demand for food preservation and growing popularity of e-commerce are the key factors driving the growth of the market.

Hermetic storage bags are airtight bags that prevent the entry of air, moisture, and other contaminants into the stored product. These are used to store a variety of products including food, , and chemicals. Increasing demand for food preservation is one of the key factors driving the growth of global hermetic storage bags market. Rising demand for convenience foods and increasing awareness about the importance of food safety are boosting demand for hermetic storage bags for food preservation.

Global Hermetic Storage Bags Market- Regional Insights

  • North America is the largest market for hermetic storage , and accounted for 35% of the global market share in 2022. The high demand for food preservation in North America is driving the growth of the market in this region.
  • Europe is the second largest market for hermetic storage bags, and accounted for 25% of the global market share in 2022. Increasing popularity of e-commerce in Europe is also driving the growth of the market in this region.
  • Asia Pacific is the third largest market for hermetic storage bags, and accounted for 20% of the global market share in 2022. Growing demand for food preservation in Asia Pacific and increasing popularity of e-commerce in this region are driving the growth of the market.

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


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Global Hermetic Storage Bags Market- Drivers

  • Food Preservation: One of the major driver of global hermetic storage bags market is their ability to preserve food. Hermetic storage bags create an airtight and watertight seal, preventing the entry of oxygen, moisture, and pests. This significantly extends the shelf life of food items, reduces food waste, and maintains freshness, making them highly sought after by consumers. For instance, on December 28, 2022, FDA (Food and Drug Administration) Food Code has made several changes to food safety regulations, including the addition of a new section on food donation and amendments to existing sections such as the use of produce wash testing devices and the risk designation for certain foods.
  • Convenience and Versatility: Hermetic storage bags offer convenience and versatility in various storage applications. These come in different sizes and shapes, allowing users to store a wide range of items such as food, clothing, electronics, documents, and more. The resealable nature of these bags enables easy access and ensures that stored items remain protected.
  • Protection against Contaminants: Hermetic storage bags act as a barrier against external contaminants such as bacteria, mold, dust, and insects. This makes them ideal for storing sensitive items, including medical supplies, pharmaceuticals, and electronics that require protection from moisture, humidity, and other damaging factors. For instance, on February 14, 2023, according to National Centre for Biotechnology Information, hermatic storage bags are particularly useful for preserving food, such as maize, and have been shown to be effective in keeping insect pests and mycotoxin levels in check.
  • Increased Awareness of Food Safety: With growing concerns about food safety, consumers are increasingly turning to hermetic storage bags to ensure the freshness and quality of their food. These bags help to prevent cross-contamination and maintain the nutritional value of stored food, providing peace of mind to consumers.

Global Hermetic Storage Bags Market- Opportunities

  • Increasing Demand for Food Storage Solutions: As consumers become more conscious of food waste and seek ways to extend the shelf life of their perishable items, the demand for effective food storage solutions like hermetic storage bags has increased. Manufacturers can capitalize on this opportunity by developing innovative and high-quality hermetic bags specifically designed for food storage, addressing different consumer needs such as portion control, meal prepping, and on-the-go snacking.
  • Expansion into New Applications: While hermetic storage bags are widely used for food storage, there are opportunities to expand into other applications. For example, hermetic bags can be utilized for storing and preserving non-food items like important documents, sensitive electronics, and valuable collectibles. Manufacturers can explore and cater to these diverse market segments by developing specialized hermetic bags with features such as anti-static properties, UV protection, or tamper-evident seals.
  • Customization and Branding: Offering customizable hermetic storage bags allows businesses to cater to specific customer requirements and build brand loyalty. Manufacturers can provide options for different sizes, shapes, and colors, as well as opportunities for personalized branding and labeling. This can be particularly appealing to businesses or individuals looking for custom packaging solutions that align with their brand image or specific storage needs.
  • Expansion in Emerging Markets: Hermetic storage bags have significant growth potential in emerging markets where there is increasing awareness of food safety, improved packaging solutions, and growing disposable income. Manufacturers can focus on expanding their presence in these regions by partnering with local distributors, retailers, or e-commerce platforms to reach a broader customer base.

Global Hermetic Storage Bags Market- Trends

  • Increasing Demand for Sustainable Packaging: Sustainability is a significant trend across various industries, including packaging. Consumers are seeking eco-friendly alternatives to reduce waste and minimize their environmental impact. In the global hermetic storage bags market, there is a growing preference for bags made from biodegradable, compostable, or recyclable materials. Manufacturers are responding to this trend by offering sustainable options that align with consumer values.
  • Emphasis on Food Safety and Freshness: With a heightened focus on food safety, consumers are increasingly concerned about the quality and freshness of their stored food. Hermetic storage bags provide an effective solution by creating an airtight seal that prevents oxygen and moisture from entering, thereby, preserving the quality and extending the shelf life of food items. Manufacturers are incorporating features such as anti-microbial properties and enhanced barrier materials to enhance food safety and maintain freshness.
  • Technological Innovations: The integration of technology in hermetic storage bags is a growing trend. For instance, some bags now feature vacuum-sealing capabilities, allowing users to remove excess air from the bag, further enhancing food preservation. Smart packaging technologies, such as indicators for temperature, humidity, or freshness, are being explored to provide real-time information to consumers about the condition of the stored items.
  • Increased Online Sales and E-commerce Packaging: The growth of the e-commerce industry has significantly impacted the packaging sector. Hermetic storage bags are in demand for online sales as these offer efficient and protective packaging solutions for various products. Manufacturers are adapting their product offerings to cater to the specific needs of e-commerce, including features like tamper-evident seals, easy-open mechanisms, and customized sizes for optimized shipping.

Hermetic Storage Bags Market Report Coverage

Report Coverage Details
Base Year: 2022 Market Size in 2023: US$ 1.07 Bn
Historical Data for: 2018 to 2022 Forecast Period: 2023 - 2030
Forecast Period 2023 to 2030 CAGR: 6.7% 2030 Value Projection: US$ 1.68 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East & Africa:  GCC Countries, Israel,  South Africa, North Africa, and Central Africa and Rest of Middle East
Segments covered:
  • By Type: Single-Layer, Double-Layer, and Triple-Layer
  • By Application: Wheat, Corn, Coffee Beans, and Others
Companies covered:

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

Growth Drivers:
  • Food Preservation
  • Convenience and Versatility
  • Protection against Contaminants
  • Increased Awareness of Food Safety
Restraints & Challenges:
  • Cost Considerations
  • Limited Awareness and Adoption
  • Availability and Accessibility
  • Perception of Single-Use Plastic

Global Hermetic Storage Bags Market- Restraints

  • Cost Considerations: Hermetic storage bags, especially those with advanced features and materials, can be relatively more expensive as compared to traditional storage options. The higher production costs associated with specialized sealing technologies, barrier materials, or eco-friendly alternatives can pose a challenge in terms of affordability for some consumers. This cost factor can limit the adoption of hermetic storage bags, particularly in price-sensitive markets or for budget-conscious consumers.
  • Limited Awareness and Adoption: Despite the advantages of hermetic storage bags, there may still be lack of awareness and understanding among consumers regarding their benefits. Many consumers may continue to rely on conventional storage methods without realizing the potential advantages of hermetic bags. This limited awareness can hinder the growth of the market and restrict its penetration into various consumer segments.
  • Availability and Accessibility: The availability and accessibility of hermetic storage bags can be a restraint, particularly in certain regions or markets. While these bags may be readily available in urban areas or developed countries, these may be less accessible or harder to find in rural areas or emerging markets. Limited distribution networks and infrastructure challenges can affect the availability and reach of hermetic storage bags, hindering their market growth.
  • Perception of Single-Use Plastic: Hermetic storage bags, particularly those made from traditional plastics, may face criticism due to their association with single-use plastic waste. Increasing environmental concerns surrounding plastic pollution has led to a negative perception of disposable plastic products. This perception can create resistance among environmentally conscious consumers who seek more sustainable alternatives, impacting the demand for certain types of hermetic storage bags.
  • Counterbalance:  Increasing awareness about food safety and the need to prevent contamination has boosted the demand for hermetic storage bags and the growth of the agricultural sector, particularly in developing countries, has led to increased use of hermetic storage bags for storing grains and other produce.

Global Hermetic Storage Bags Market- COVID-19 Impact

  •  The COVID-19 pandemic has had a significant impact on the global economy, including the hermetic storage bags market. The market for hermetic storage bags has been affected by the pandemic in several ways.
  • Firstly, the pandemic has disrupted the supply chain of raw materials and finished products, leading to a shortage of hermetic storage bags in the market. This has resulted in an increase in the prices of these bags, making these less affordable for consumers.
  • Secondly, the pandemic has led to a decrease in demand for hermetic storage bags, as people have been staying at home and reducing their travel and outdoor activities. This has affected the sales of these bags, especially in the food and beverage industry, where these are commonly used for storage and transportation.

Global Hermetic Storage Bags Market- Analyst Viewpoint

The global hermetic storage bags market is expected to experience steady growth over the next five years. The increasing demand for lightweight and durable storage solutions from various end-use industries like food, pharmaceuticals, and electronics will drive the market growth. Developing regions like Asia Pacific and South America are estimated to offer lucrative opportunities due to improving economic conditions. High focus on reducing food wastage and extending the shelf life of products can boost sales of hermetic bags worldwide. Adoption of medical device packaging using high-barrier bags to prevent microbial contamination can drive the market growth. Stringent regulations regarding use of eco-friendly packaging will positively impact the demand of hermetic bags. Rising consumption of packaged food and snacks across countries will fuel the market expansion. Availability of customized hermetic bags made using various materials for specific applications will further support the industry growth. However, availability of alternative storage and packaging options like modified atmosphere packaging can hamper the market adoption to some extent. Fluctuations in raw material prices may pose challenges. Concerns regarding usage of plastic and petroleum-based materials can restrain the industry growth. Developing economies with increasing population like India and China offer significant untapped potential for market participants.

Global Hermetic Storage Bags Market- Recent Developments

New Product Launches

  • with NanoShield Technology: These bags are made with a new proprietary barrier layer that is more effective at preventing moisture and oxygen from entering the bag. This makes them ideal for storing food and other sensitive items that need to be kept fresh.
  • Vestergaard 360° Hermetic Storage Bags: These bags feature a unique 360° closure system that is airtight and watertight. These are also made with a durable material that is resistant to punctures and tears.
  • These bags are made from a BPA-free and food-grade material that is reusable and recyclable. These are also microwave-safe and dishwasher-safe.

Acquisition and Partnerships

  • In 2021, Sealed Air Corporation (packaging company known for its brands: Cryovac food packaging and Bubble Wrap cushioning packaging) acquired Cryovac, a leading provider of hermetic storage bags. This acquisition helped Sealed Air to expand its product portfolio and reach new markets.
  • In 2022, Amcor plc (global leader in developing & producing high-quality, responsible packaging solutions for food, beverage, pharmaceutical & other packaging requirements) acquired Bemis Company, Inc., a leading provider of flexible packaging solutions. This acquisition helped Amcor to strengthen its position in the global hermetic storage bags market.
  • In 2022, Berry Global Group, Inc. (leaders in plastic packaging manufacturing, process & sustainable product innovation & design) acquired Sealed Air's Food Care business. This acquisition helped Berry Global to expand its product portfolio and reach new markets.

Figure 2. Global Hermetic Storage Bags Market Share (%), By Application, 2023


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Top companies in Global Hermetic Storage Bags Market

  • 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

*Definition: Hermetic storage bags refer to specialized airtight and watertight bags that are designed for preserving and extending the shelf life of various items, particularly food products. These bags create a sealed environment that prevents the entry of air, moisture, and contaminants, thereby, maintaining the freshness and quality of the stored items. Hermetic storage bags are commonly used for long-term storage, transportation, and organization of perishable goods, and these are available in various sizes and materials to suit different storage needs.

Frequently Asked Questions

The key factors hampering the growth of the global hermetic storage bags market are limited consumer awareness, high production costs, and competition from alternative storage solutions.

The major factors driving the market growth are increasing consumer demand for food preservation, growing awareness about the benefits of hermetic storage, and the rising need for long-term storage solutions.

The leading component segment in the market is the wheat by application.

Some major players operating in the market include 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

The region that is expected to lead the market is North America.

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