Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 942.8 Million | USD 1559.66 Million | CAGR at 5.20% | 2023 |
The global breather bag market had a value of USD 942.8 million in 2023, and according to a report by Zion Market Research, it will increase to USD 1559.66 million by the end of 2032. The market is expected to grow with a CAGR of 5.20% during the forecast period.
This study provides an analysis of the growth drivers, growth restrictions, and influence on demand that are associated with the Global Breather Bags Market over the time of forecasting. Additionally, it will assist in navigating and investigating the possibilities that are becoming available in the Breather Bags Market.
Breather bags are designed specifically for the transportation of aquatic livestock from one place to another. Micro-porosity of the bag allows constant passage of gases such as oxygen and carbon dioxide. Breather bags are a better substitute to other packaging options, such as thermoform and corrugated paperboards. Breather bags are also used for the transportation and packaging of pharmaceutical products. The growth of the pharmaceutical sector provides wide growth opportunities for the breather bags market as well.
The global breather bag market is segmented into its material type, product type, applications, and geography.
On the basis of material, the market is divided into polypropylene, high-density polyethylene, tyvek, vinyl, polyester, latex, and vegetable produce.
Based on product type, the market is segregated into reusable breather bags and disposable breather bags.
On the basis of applications, the market is classified into medical devices, pharmaceuticals, and aquatic livestock.
The pharmaceutical industry can be further subdivided into cleaning units and hospital sterilization, anesthesia machines, surgical packs, and medical devices. Diversification based on geography is seen into North America, Europe, Latin America, the Middle East and Africa, and Asia Pacific.
The pressure maintenance and molecular realignment property of the bag’s material are the major features of breather bags that is driving the growth of the market. These bags have better resistance, better clarity, and enhanced sealing properties, which make it a desirable product in the market. The growing adoption of transporting marine life using breather bags, as they require less water for transportation, will influence the market growth positively. However, the problem of quicker pollution of water by dead fish or fish waste and transportation of aquatic life forms like aquatic frog, betas, and snails, which require direct exposure to air, will cause a hindrance to the growth of the breather bags market. Moreover, the spillage and seeping of bags while opening them may also hamper market growth.
Report Attributes | Report Details |
---|---|
Report Name | Breather Bags Market Research Report |
Market Size in 2023 | USD 942.8 Million |
Market Forecast in 2032 | USD 1559.66 Million |
Growth Rate | CAGR of 5.20% |
Number of Pages | 201 |
Key Companies Covered | Custom Service Laboratories of NJ Inc., Bemis Company Inc., Amcor Flexibles Inc., Specialty Plastic Fabricators, Kordon LLC, BFM Global Ltd., Fisher Container Corp., KNF Corporation, Precision Dippings Manufacturers Ltd., and Nolato Torekov AB. |
Segments Covered | By Material Type, Product Type, Applications, and By Region |
Regions Covered | Latin America, North America, Asia Pacific, Europe, The Middle East, And Africa |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Customized purchase options are available to meet your exact research needs. Request For Customization |
North America holds the largest share of the breather bag market. Countries such as the U.S. and Canada are the major growth centers in North America. Asia Pacific is expected to follow North America in its growth. Growth can be attributed to the increasing demand for breather bags in the pharmaceutical industry in this region, especially in countries of China, India, Japan, Australia, and New Zealand. Europe will be growing at a significant pace in the future. Manufacturers will be investing in Latin America, the Middle East and Africa owing to the rapid economic revolutions and developing standards of living in these regions.
Some of the major companies in the breather bags market include
By Material Type
By Product Type
Applications
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