Get In Touch

Global Ice Cube Bags Market: Overview

Ice cube bags have been designed keeping consumer convenience in mind, and therefore, score high in terms of consumer preference. Ice cube bags are available in two categories: self-seal ice cube bags and tied up ice cube bags. Ice cube bags provide a convenient and hygienic solution for making ice. These bags are highly preferred over ice trays as they prevent ice from melting in frost-free freezers as well as prevent ice from absorbing any other odour that is likely to affect its flavour. Ice cube bags enable the easy dispensing of ice, which makes them ideal for use during parties as well as in the cold boxes used for picnics in summer. These bags find applications for the freezing of liquids such as juices, infused water, soup or stock portion.

Global Ice Cube Bags Market: Dynamics

With changing lifestyle and increase in the preference for ready-to-drink beverages, the demand for ice packaging is increasing, which is, in turn, boosting the demand for the ice cube bags market. Several pharmaceutical products and healthcare equipment need to be stored at cooler temperatures, owing to their temperature-sensitive nature and sterility. Therefore, ice cube bags are used in pharmaceuticals & devices, which is boosting the demand for ice cube bags. The increasing demand for ice cubes for alcoholic and non-alcoholic beverages is one of the main factors driving the global ice cubes market. Moreover, the growing number of food chains and restaurants & bars is boosting the ice cube bags market. In addition, the increasing usage of flavoured water that is derived by infusing herbs or fruits into ice cubes is also driving the market.

Moreover, increased outdoor activities in the past few years has boosted the demand for ice cube bags. In addition, ice cube bags help save space in refrigerators due to their flexible nature, owing to which they are preferred over other alternatives such as ice trays. However, these bags are made from polyethylene, which is likely to hamper the growth of the ice cube bags market.

Global Ice Cube Bags Market: Segmentation

On the basis of product type, the global ice cube bags market can be segmented as:

  • Self-Seal Ice Cube Bags
  • Tied-Up Ice Cube Bags

On the basis of capacity, the global ice cube bags market can be segmented as:

  • Below 50 ice cubes
  • 50-150 ice cubes
  • 150-250 ice cubes
  • Above 250 ice cubes

On the basis of end use, the global ice cube bags market can be segmented as:

  • Food & Beverage
  • Pharmaceutical
  • Chemical
  • Others

Global Ice Cube Bags Market: Regional Outlook

Geographically, the global ice cube bags market has been divided into seven key regions: Asia Pacific excl. Japan, Japan, North America, Latin America, Middle East & Africa, Western Europe and Eastern Europe. The Asia Pacific ice cube bags market is expected to grow at the highest CAGR among all the regions. This can be attributed to the rising demand for alcohol from emerging nations such as Malaysia, Thailand and China etc. Owing to the popularity of chilled foods, steady demand for ice cube bags is projected in the U.S. and European countries. Moreover, the penetration of ice cube bags is much higher in the developed markets of U.S., Canada and European countries as compared to developing countries. This can be attributed to an increase in the popularity as well as the number of bars in the region.

Global Ice Cube Bags Market: Key Players

Some of the top players in the global ice cube bags market are:

  • SARANTIS S. A.
  • Lakeland Ltd.
  • Clorox Australia Pty Limited
  • A Majid Al Futtaim Company
  • COFRESCO FRISCHHALTEPRODUKTE GMBH & CO. KG
  • Castleview Enterprises Limited
  • Sedat Tahir A.?.
  • Enigma Trading 2000 S.R.L
  • TESCOMA S.p.A.
  • Paclan Inc.

Global Ice Cube Bags Market: Key Developments

Some of the key developments in the ice cube bags market are:

  • SARANTIS S. A. introduced ice cube bags under the brand FINO. These ice cube bags are clean, odour-free and made up of highly durable material suitable for contact with water, in line with EU specifications
  • A Majid Al Futtaim Company launched high-capacity ice cube bags that can hold up to 480 ice cubes
  • On March 2018, Clorox Australia Pty Limited acquired Nutranext, a U.S.-based health and wellness company. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across 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.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Ice Cube Bags Market

Pre Book