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Global Pouches Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Type (Stand-Up Pouches, Flat Pouches), Material (Plastic, Metal, Paper, And Bio Plastics), Application (Food And Beverage, Medical And Pharmaceuticals), And Region (North America, Europe, Asia Pacific, Latin America, Middle East And Africa) – Industry Analysis From 2024 to 2029

Published: March, 2023
ID: 12898
Pages: 175
Formats: report pdf report excel report power bi report ppt

Global Pouches Market Size (2024 to 2029)

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:

  • Stand-Up Pouches
  • Flat Pouches

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:

  • Plastic
  • Metal
  • Paper
  • Bioplastics

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:

  • Food And Beverage
  • Medical
  • Pharmaceuticals

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:

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

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:

  • 3rd February 2022: Foxpak, a packaging firm established in Ireland, has been acquired by Sealed Air. Sealed Air, a packaging manufacturer, has purchased Foxpak Flexibles, an Irish packaging solutions company, in order to extend its position in Europe. SEE Ventures, a firm effort focused on investing in 'disruptive' technology and business strategies carried out the purchase. Sealed Air hopes to promote smart packaging advancements with the integration of Foxpak. The privately held firm offers packaging solutions, stand-up and spout pouches, and sachets in conjunction with big brands.
  • 9th December 2021: As part of its sustainability initiatives, packaging manufacturer Amcor has introduced a new recycle-ready liquid pouch packaging solution, the AmPrima PE Plus high-barrier, high-speed, and recycle-ready liquid pouch packaging solution. The AmPrima PE Plus recycle-ready solution, which is designed offers brand owners, The AmPrima PE Plus recycle-ready solution, which is designed to offer brand owners sophisticated packaging, is intended to improve recyclability in difficult categories.

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FAQ's

How big is the pouches market?

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.

Which Region accounted for the largest pouches market share?

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

Who are the key players in the pouches market?

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.

Which are segmentation are involved in the global pouches market?

The segmentations involved in the pouches market are- Type, Material, and Application.

What are the factors driving the pouches market?

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.

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