Pouches are packaging solutions that offer leak-proof and durable packaging. The emergence of flexible packaging has led to high demand for pouches owing to their cost-effectiveness and high resourcefulness. Pouches are a better substitute to conventional rigid as well as some packaging as they are three to six times less expensive than rigid cartons of printed folding cartons.
MARKET DYNAMICS
The spurt in the uses of pouches can be attributed to an increase in the consumption of convenience food. Resealable pouches offer the advantages of convenience and portability as they can be easily closed after consuming the snack item and allowing the users to consume the rest of the snack at a later time. The demand for stand up pouches is also expected to mushroom in the forecast period as consumers perceive them to be more contemporary than cartons or boxes. The rising preference for lightweight packaging solutions by the food and beverage industry has led to higher adoption of pouches to pack snack items, baby food, milk, nuts, yogurts, chips, etc. Apart from their prolific uses in the food and beverage industry, pouches are also in high demand for packing pet foods, detergents, cosmetics, etc.
MARKET SCOPE
The "Global Pouches Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pouches market with detailed market segmentation by type, material, application, treatment type, sealer, and geography. The global pouches market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pouches market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global pouches market is segmented on the basis of type, material, application, treatment type, and sealer. On the basis of type, the pouches market is segmented into stand-up pouches, flat pouches, and rollstock. The pouches market on the basis of material is classified into plastic films, aluminum foil, paper, and bioplastics. Based on application, the global pouches market is divided into food and beverages, personal care and homecare, healthcare, and others. Based on treatment type, the global pouches market is divided into standard, aseptic, retort, and hot-filled. Based on sealer, the global pouches market is divided into direct heat sealer, vaccum pouch sealer.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global pouches market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The pouches market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the pouches market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the pouches market in these regions.
MARKET PLAYERS
The reports cover key developments in the pouches market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the pouches market are anticipated to lucrative growth opportunities in the future with the rising demand for pouches in the global market. Below mentioned is the list of few companies engaged in the pouches market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pouches market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Amcor Plc
- Berry Global Group, Inc.
- Clondalkin Group
- Coveris Management GmbH
- Goglio Spa
- Huhtam?ki Oyj
- Mondi Group
- Sealed Air Corp.
- Smurfit Kappa Group Plc
- Sonoco Products Co.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.