Dual Ovenable Bags Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Dual Ovenable Bags Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Packaging

Report Description

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Dual Ovenable Bags Market: Overview

The food packaging market over the years has witnessed tremendous growth and is expected to keep this momentum in the future as well. Customers across the globe are more inclined towards buying of processed food products such as ready-to-eat meals, frozen foods, etc. directly from retail outlets as they form an easy source of cooking. Dual ovenable bags have thus emerged as an innovative ‘no-touch’ cooking solution that permits the packaged food products directly from freezer to microwave or ovens and finally on their dinning ready for consumption. Moreover, these dual ovenable bags are capable enough to provide a longer shelf life without compromising the freshness, flavor, odder, color, etc. of the food item. Dual ovenable bags are manufactured from multilayer films consisting of polyethylene terephthalate, polyethylene, polypropylene, etc.

Dual Ovenable Bags Market: Drivers & Restraints

With an increase in organized retail across the developing economies, the growing inclination of consumers towards easy to cook packaged food is expected to drive the global dual ovenable bags market in the forthcoming years. Increasing awareness among the end users owing to the rise in health, environment and sustainability concerns also play a decisive role in the growth of the dual ovenable bags market. However, continuous fluctuations in raw material prices at the manufacturing-end is likely to hamper the dual ovenable bags market. Also, due to its multi-layer structure, the dual ovenable bags are difficult to recycle thus adding a restraining factor towards the growth of dual ovenable bags market.

Dual Ovenable Bags Market: Segmentation

The global dual ovenable bags market is segmented as follows

On the basis of material type, the dual ovenable bags market is segmented into:

  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
    • Crystalline PET
    • Amorphous PET
    • Recycled PET
  • Polypropylene (PP)
  • Others

On the basis of applications, the dual ovenable bags market is segmented into:

  • Prepared meals
  • Meat Products
  • Frozen food
  • Dairy Products
  • Bakery Products
  • Others

Dual Ovenable Bags Market: Segmentation Overview

Dual ovenable bags are in high demand across the globe as it has emerged as an easy-to-cook package for cooking processed food products. Based on the material type, dual ovenable bags made of Polyethylene terephthalate (PET) especially Crystalline PET material is expected to dominate the dual ovenable bags market over the forecast period.  Dual ovenable bags are used majorly in the cooking of processed meat as well as frozen food products.

Dual Ovenable Bags Market: Regional Overview

Geographically, the dual ovenable bags market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

Europe and North American regions have a matured market for processed meat packaging, and thus, the demand for dual ovenable bags is expected to show a linear growth rate throughout the forecast period. As compared to other, the Asia-Pacific region is likely to dominate the global dual ovenable bags market during the forecast period. Growing inclination of consumers towards single cook of ready-to-eat, processed and frozen food products to fulfil the needs of rising urban population in the emerging economies like China, India etc. are the key reason to fuel the growth of dual ovenable bags market in this region. Latin America region is the one of the major exporters of meat & dairy produce across the globe, and hence dual ovenable bags market is expected to witness an exponential growth in this region.  Growth in inclination towards consumption of processed meat packed in an ovenable or microwaveable packaging in the Middle-East and African region has added to the growth of dual ovenable bags market.

Overall, the global dual ovenable bags market is anticipated to show a healthy CAGR over the forecast period 2017-2025.

Dual Ovenable Bags Market: Key Players

Some of the key players that operate in the dual ovenable bags market across the globe are Bemis Company, Inc., Sealed Air Corporation, Terphane Inc., Sonoco Products Company, Toray Plastics (America), Inc., DuPont Teijin Films U.S. Limited Partnership, Bostik SA, Roberts Technology Group, Inc., Alert Packaging Ltd., and Golden Eagle Extrusions, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market 

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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