According to Custom Market Insights (CMI), The Global Mini Desiccant Bags Market was estimated at USD 156.34 million in 2021 and is expected to reach USD 180.32 with a CAGR of 1.9% during the forecast period of 2022-2030.
The mini desiccant bags are portable, flexible white packets covered with highly durable and resistant desiccant materials. These packets are widely used in multiple industries to prevent packaged materials from corrosion and moisture. Due to their moisture-absorbing capacities, these bags are highly demanded across various industries, so the increase in demand for production from several industries will enhance desiccant bags’ production. Besides moisture absorption, these bags are also used for cleaning waste, regenerative drying, etc. The major components of the desiccant materials are silica gel and molecular sieve.
The silica gels are extracted from the sand and have a high absorption capacity, which is used in packaging materials. Molecular sieves are also used as desiccant materials in lower relative humidity at lower materials. Molecular sieves are customized pore materials made of different sizes and constituents of zeolites. These zeolites are made of crystalline solids of uniform size and composition. Unlike silica gels, molecular sieve desiccant bags are used in extreme environmental conditions.
The wide usage of desiccant bags across various industries drives the market growth for mini desiccant bags.
The high demand for desiccant bags from the food, packaging, and pharmaceutical industries drives the market growth for desiccant bags. These packages use desiccant bags to increase the product shelf-life and absorb moisture so that the product remains fresh for a longer time.
The increased consumer base, along with the transformed lifestyle, propels the mini desiccant bags
In regions like the Asia Pacific, there is a high demand for desiccant bags from food brand owners and packaging industries. The rapid shift of people toward the fast-paced lifestyle, packaged meals, and increased consumer base drives the market growth for mini desiccant bags.
The wide usage of desiccant bags in military-based applications boos the desiccant market
Desiccant bags are widely used in military applications to prevent equipment from corrosion and degradation due to moisture and are also used to control odor. Such factors drive the market growth for mini desiccant bags.
The rise in the emergence of key players will enhance the desiccant market in the upcoming years
The rise in adoption of the key strategies of the companies, along with the increase in demand from the consumer for smart packaging, is likely to propel the market growth in the forecast period.
The frequent production of items from electronic industries and the need for moisture prevention are likely to boost the desiccant market over the coming years
The electronic industries need desiccant bags to prevent their electronic equipment from moisture, which will increase the demand for desiccant bags in the coming years. Some electronic equipment requires the maintenance of lower humidity, requiring specific desiccant bags such as bentonite desiccant bags.
Ozone Generation Market Segmentation
The ozone generation market is segmented based on technology, Application, end-user, and region.
Market segmentation based on the Type
Based on Type, the desiccant bags market is bifurcated into silica gel, molecular sieve, and activated carbon and calcium chloride bags. The silica gel segment has dominated the market in 2021 and is expected to grow at a significant CAGR of 4.4% during the forecast period. This can be attributed to the high demand for silica gel bags from packaging, pharmaceuticals, electronics, etc.
Silica gels are a widely used form of the desiccant bag, which contains silicon gels that absorb moisture from the packages. These gels have color-changing properties, such as turning from blue to pink when it has absorbed moisture. Until it changes its color, it can be reused. Silica gel desiccant packets are usually non-toxic, but they should be kept out of the reach of children. The silica gel bag consists of the naturally found compound silicon dioxide, which can be extracted from the sand.
Market segmentation by Application
Based on end-user analysis or Application, the mini desiccant market is segmented across various industries like food, medical and pharmaceutical, electronics, beauty and personal care, and others. Based on the revenue, the food industry has held the largest market share of 34.6% in 2021 and is expected to grow at a significant CAGR of 5.9% during the forecast period. This growth can be attributed to the frequent demand for desiccant bags in the food industries to remove moisture from packaged food products and retain their freshness for longer. Such factors lead to the desiccant market growth and are expected to further enhance the market growth over the coming years.
Silica gels are the most common desiccant bags used in food packaging. Silica gels have color-changing properties which determine the absorption of moisture from packages. If the color changes from blue to pink, it indicates moisture absorption. Otherwise, it can be reused. On the other hand, the lime-based desiccants are in granular form, which will turn into a powdery form after absorption and saturation. These bags are widely used in food as well as other industries.
|Feature of the Report||Details|
|Market Size in 2021||USD 156.34 million|
|Projected Market Size in 2030||USD 180.32 million|
|CAGR Growth Rate||1.9% CAGR|
|Prominent Players||Multisorb, Clariant, Sanner, Chunwang, Absortech, Sinchem Silica Gel, Splack, OhE Chemicals, Mitsubishi Gas Chemical, Desiccare Inc., TRACK, IMPAK Corporation, WidgetCo, Weihai Pearl Silica Gel, and Others|
|Key Segment||By Type, Application, and Region|
|Report Coverage||Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors, and Recent Trends|
|Regional Scope||North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America|
|Buying Options||Request tailored purchasing options to fulfill your requirements for research.|
Based on geography, the mini desiccant bags market is distributed across North America, Asia-Pacific, Europe, and LAMEA. As per the revenue, the Asia-Pacific segment dominated the market in 2021, which owned more than 30% of the market share in 2021. The market is expected to expand further, with a CAGR of 6.3% over the forecast period. This growth can be attributed to the voluminous demand for desiccant bags from the food, packaging, and pharmaceutical industries to enhance product shelf-life and quality. Furthermore, Asia-Pacific has a large consumer base due to increased demand for processed and packaged foods, increasing the production rate of mini desiccant bags across APAC regions.
As per the high consumer base across APAC, desiccant bags are in high demand in volume and revenue across multiple industries, including food, packaging, and pharmaceuticals. The increase in population, especially in countries like China, has led to a huge consumer base. In turn, the demand for packaged food and electronic products has increased, propelling the market growth for mini desiccant bags over the forecast period.
The top 5 global manufacturers hold 24.3% of the market share in terms of revenue. The emergence of key strategies from global companies has led to the enhancement of the mini desiccant bags market.
The profiled key companies for the mini desiccant bags market:
- Sinchem Silica Gel
- OhE Chemicals
- Mitsubishi Gas Chemical
- Desiccare, Inc.
- IMPAK Corporation
- Weihai Pearl Silica Gel
Covid -19 Impact on the Ozone Generation Market
The arrival of a pandemic has led to the temporary shutdown of various industries, and there was a lack of workforce due to restricted movement. However, there has been a positive impact on the mini desiccant bags market. This can be attributed to the high demand for desiccant bags in the food and pharmaceutical packaging industries. Food and medicines were highly required during the pandemic which also increased the demand for desiccant bags. The transmission of vaccines and medicines across different countries also increased the supply chain for desiccant bags. However, the insufficiency of raw materials also halted the production rate of desiccant bags during the pandemic.
Recent Developments in Ozone Generation Market
- In November 2019, Arsenal Capital Partners, a US-based private firm, acquired a healthcare packaging business that increased the demand and market value for desiccant bags. The company changes its brand name to Airnov and the company’s motive is to manufacture a wide range of anti-oxidant products which are used across various industries such as nutraceutical, pharmaceutical diagnostic, etc.
- Impact Corporation announced a partnership with IFF to enhance its product portfolio and future opportunities. IFF pharma is a renowned industry that is known for providing a wide range of pharmaceutical solutions to deal with different types of complexities. The huge production of pharmaceutical facilities has also increased the demand for desiccant bags to keep the products safe from dirt and moisture.
Market segments covered in the report
- Silica Gel
- Molecular Sieve
- Activated Carbon
- Calcium Chloride
- Medical and Pharma
- Beauty & Personal Care
- The U.S.
- The UK
- Rest of Europe
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Rest of Latin America