The global Pouches market is expected to grow at a CAGR of 4.38% from 2024 to 2029 and the market size is predicted to be valued at USD 51.93 billion by 2029 from USD 41.91 billion in 2024.
The materials used to make the pouches are carefully sanitized. These materials are good for food, beverage, and healthcare packaging because they help protect the product from contamination. Multiple multilayer films are used to make the pouches, which secure the content from moisture, lighting, and stench while also preserving the overall freshness of foods and drinks. Stand-up punch, flat pouch, and roll stock are the three main forms of pouches. The high market development of Ready-to-Eat (RTE) meals in the nation, owing to a busy lifestyle and a large number of working folks, is the primary driver behind pouch-based packaging solutions. Pouches are increasingly being used to package a variety of foods, including such as dairy, snacks, smoothies, and others. Because of changing lifestyles and improvements in food processing processes, the Pouches Market has already been rapidly rising, and this trend is likely to continue over the forecast period. Various packaging goods, such as pouches, need substantially fewer raw materials and lower total costs associated with product packaging while increasing end-user profit margins.
Global Pouches Market Drivers:
Rapid industrialization in emerging and developed nations, as well as increased rivalry among producers in various end-use sectors, is likely to propel the worldwide Pouches Market forward. The growing pharmaceutical industry throughout the world, along with the requirement for flexible packaging solutions, is likely to boost demand for pouches, driving the market forward. The growing need for packaged goods, along with consumers' growing preference for pouches, is expected to drive the worldwide Pouches Market forward in the approaching years. These pouches offer convenience, visual appeal, and other value-added features, all of which are expected to fuel pouch demand in the future years. Pouches are used as a marketing technique because they provide a larger surface area on which visuals may be printed to attract customers, specifically in supermarkets where customers make rapid decisions. This feature has also enticed end-user organizations to adopt this package type. Pouches provide spouts, rip notches, sliders, and zippers, among other features. These features increase the pouches' utility and convenience. Aside from that, stand-up pouches utilize fewer materials and have cheaper transportation and shipping costs. In comparison to many other packaging styles, including such cans and bottles made up of glass and metal cans, they are lightweight. The worldwide Pouches Market is expected to expand significantly as a result of these advantages.
Global Pouches Market Restraints:
The Restraining factor that is limiting the growth of the global pouches market is, The versatile nature of pouches causes them to lose grip because they stand upright while completely loaded, but as the pouch's contents begin to empty, the pouch reduces the body's ability to remain to stand and falls down. In the long run, this might pose a significant threat to the market.
Impact of COVID-19 on the global Pouches Market:
Following the emergence of COVID-19, sales of electronic and personal care items plummeted. During the early stages of the pandemic, the supply chain disruption had an impact on product sales. Packaging firms all across the world were hurt by the breakdown in China because is among the most important raw material producers. However, there was a large increase consumption of packaged foods. Packaged processed foods, including ready-to-eat, ready-to-cook, as well as packaged food ingredients, were preferred by a sizable portion of the population. COVID-19's detrimental impact on the market was tempered by robust worldwide demand.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
4.38% |
Segments Covered |
By Type, Material, Application, and Region |
Various Analyses Covered |
Global, Regional, and country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Amcor (Australia), Smurfit Kappa (Ireland), Mondi (Austria), Berry Global Inc. (US), Sonoco (US), Sealed Air (US), Huhtamaki (Finland), Constantia Flexibles (Austria), Coveris (Austria), Clondalkin Group (Netherlands). |
This research report on the global pouches market has been segmented and sub-segmented based on type, material, application, and region.
Global Pouches Market - By Type:
The stand-up pouches segment is said to be the dominant one in the global pouches market. The stand-up pouch-type sector is helping in the growth at the quickest rate. Salad dressing, soup, yogurt, and baby food, for example, can be enjoyed away from home in stand-up pouches. These pouches are commonly used in the food and beverage industries because they are robust and provide increased product stability. Because of the growing demand for compact and lightweight packaging solutions, they are widely employed in food and beverage packaging. The flat pouches segment is also expected to be the dominant one in the global market. These flat pouch segments are commonly used to package a variety of CPG items, including appetizers, confectionery, detergents, dry fruits, fabric care, & medical equipment, due to their low cost and ease of storage.
Global Pouches Market - By Material:
The market is dominated by the Plastic category in the global pouches market. Because of their exceptional tolerance to moisture, dust, oxygen, and UV radiation, plastic pouches keep packed items fresh for a long time; this feature is significantly linked to the segment's largest share. Plastic resins such as polyethylene terephthalate (PET), polypropylene (PP), as well as polyethylene (PE) are often utilized in the manufacture of plastic pouches.
Global Pouches Market - By Application:
The Food and beverage category dominates the market. The increased usage of the pouch for alcoholic packaging is fueling the beverage segment's expansion. Owing to their malleability and low weight, pouches are the preferred and suitable packaging method for beverages. They do, however, safeguard the items against contamination. Owing to its poor weight, great durability, and non-fragile nature, increasing product utilization for the packaging of alcoholic drinks is helping to the segment's rise. Snacks are typically packaged in pouches because they are inexpensive and easy to fill with nitrogen to retain the color, taste, as well as structure of the packed food goods.
Global Pouches Market – By Region:
KEY MARKET PLAYERS:
The major key players in the Pouches Market are Amcor (Australia), Smurfit Kappa (Ireland), Mondi (Austria), Berry Global Inc. (US), Sonoco (US), Sealed Air (US), Huhtamaki (Finland), Constantia Flexibles (Austria), Coveris (Austria), Clondalkin Group (Netherlands)
RECENT HAPPENING IN THE MARKET:
FAQ's
The global pouches market size was estimated at USD 35.64 billion in 2021 and is expected to reach USD 48.09 billion in 2027.
The Asia Pacific accounted for the largest share in 2020 owing to factors including increasing demand for the packaging format due to its low cost and high aesthetic appeal on retail shelves
Some of the key players operating in the pouches market include Amcor plc, Mondi, Sealed Air, Constantia Flexibles, Coveris, Goglio SpA, ProAmpac, Gualapack S.P.A., Huhtamaki Group, and Smurfit Kappa.
The segmentations involved in the pouches market are- Type, Material, and Application.
The key factors that are driving the pouches market include rising demand for low-cost, convenient, shelf appealing, and lightweight packaging by end-use industries, including food & beverages, healthcare, personal care & cosmetics, and home care.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]