According to a new market research report published by sheer analytics and insights, “The Global Mortuary Bags Market was $2.3 Bn in 2020, and it is expected to reach $3.1 Bn by 2031. It is eventually growing at a commendable high compound of annual growth rate CAGR of 5.0% between 2021-2031, as per the latest market research report titled Global Mortuary Bags Market - Industry analysis, size, share, growth, trends, and forecast, 2021-2031.
The global healthcare packaging market has a major transformation in the past few years. Mortuary bags are the bags which is generally used in the hospital, and mortuary, etc. these bags are also known as HRP or human remains pouch. The bag is non-porous to contain the human body so that it can help to transfer the human body from a starting point to another. Apart from that, these bags are used to avoid the leakage of body fluid before being transferred the body to the pathology department. So many medical device industries use these bags, which increases the application of mortuary bags. Funeral supply companies primarily purchase these bags, which are expected to drive market growth during the forecast period. However, Mortuary bags are also used by rescue teams, medical examiners, fire departments, tissue banks, hospital groups, and others. Therefore, the global mortuary bags market is expected to face sizeable demand over the forecast period. The rising prevalence of epidemics and pandemics and the increasing number of road accidents are some of the key factors responsible for market growth during the forecast period.
The current scenario of the COVID-19 pandemic is considered as the prime factor, which is driving the global market for mortuary bags. The increasing number of hospital deaths, especially for COVID-19 positive patients, has pushed the market revenue rapidly. Apart from this, the rising number of cases of cardiovascular diseases (CVD), especially among the geriatric population, will also drive the market during the forecast period.
Geographically, The Mortuary Bags Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.
The report covers a detailed outlook about the company, and it includes the company or industry profiles and market share of key players operating in the global market. Key players in the report include IQAir, Honeywell International, Inc., Unilever PLC (Blueair), Koninklijke Philips N.V., Whirlpool Corporation, LG Electronics, Panasonic Corporation, Daikin Industries, Ltd., Aerus LLC, Hamilton Beach Brands, Inc., Camfil, Carrier, Trotec GmbH, EcoQuest, and LIFA air among others.
The Global Mortuary Bags Market Has Been Segmented into:
Global Mortuary Bags Market: By Raw Material
Global Mortuary Bags Market: By Size Outlook
Global Mortuary Bags Market: By End-Use Outlook
Global Mortuary Bags Market: By Region