Pouches Market by Material (Plastic, Metal, Paper, Bioplastics), Treatment Type (Standard, Aseptic, Retort, Hot-fill), Product (Flat, Stand-up), Closure Type (Tear Notch, Zipper, Spout), End Use (Food and Beverages, Healthcare, Personal Care and Cosmetics, Homecare, and Others), and Region 2023-2028
Market Overview:
The global pouches market size reached US$ 49.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 67.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028. The rising sales of packaged and frozen food, the escalating demand for faster transportation and shipping, and continual product innovations, such as the development of reusable PET multilayer films and food-grade plastic, represent some of the key factors driving the market.
Pouches refer to flexible small bags or sacks that are specially designed for wrapping up products and articles in small quantities. They are made by using multiple layers of films that keep the contents protected from moisture, light, and odor. Due to their chemical inertness, pouches are widely used for packaging pharmaceuticals, food, pet foods, and cosmetics. The use of flexible packaging products, such as pouches, increases the profit margin of end-use companies as they require fewer raw materials and reduce packaging costs. Shipping costs can be lowered by flat-packing products in pouches, which makes them a preferred packaging material as compared to boxes and cans. Some of the beneficial features of pouches include their easy opening feature (like a tear notch and laser perforation), easy usage (with zippers and shapes), and convenient reclosability.
Pouches Market Trends:
A considerable rise in packaged and frozen food sales is a significant factor driving the market. This can be attributed to the growing number of working individuals leading hectic lifestyles, resulting in the shifting consumer preference towards ready-to-eat (RTE) meals. In line with this, the escalating demand for faster transportation and shipping is leading to a higher product uptake on the global level. Moreover, the easy availability of multiple closure options, including spout, zipper, and tear notch pouches, is positively impacting the market. However, the growing awareness regarding the adverse effects of single-use plastic, increasing plastic landfills, and the rising carbon footprint are some of the key factors hindering the market growth. On the contrary, continual product innovations, such as the development of paper, reusable PET multilayer films, and food-grade bio-based plastic pouches, are propelling the market. Additionally, the increased use of post-consumer recycled content in pouches due to an enhanced focus on sustainability and recycling is creating a positive market outlook. Furthermore, the rising popularity of online shopping and significant growth in the e-commerce industry are providing an impetus to the market. Some of the other factors contributing to the market include easy product availability in online and offline organized retail channels, rapid urbanization and industrialization, inflating disposable income levels and extensive research and development (R&D) activities.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global pouches market, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on material, treatment type, product, closure type and end use.
Material Insights:
Plastic
Metal
Paper
Bioplastics
The report has provided a detailed breakup and analysis of the pouches market based on the material. This includes plastic, metal, paper, and bioplastics. According to the report, plastics represented the largest segment.
Treatment Type Insights:
Standard
Aseptic
Retort
Hot-fill
The report has provided a detailed breakup and analysis of the pouches market based on the treatment type. This includes standard, aseptic, retort, and hot-fill. According to the report, standard represented the largest segment.
Product Insights:
Flat
Stand-up
The report has provided a detailed breakup and analysis of the pouches market based on the product. This includes flat and stand-up. According to the report, flat represented the largest segment.
Closure Type Insights:
Tear Notch
Zipper
Spout
The report has provided a detailed breakup and analysis of the pouches market based on the closure type. This includes tear notch, zipper, and spout. According to the report, spout closure represented the largest segment.
End Use Insights:
Food and Beverages
Healthcare
Personal Care and Cosmetics
Homecare
Others
A detailed breakup and analysis of the pouches market based on the end use has also been provided in the report. This includes food and beverages, healthcare, personal care and cosmetics, homecare, and others. According to the report, food and beverages accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for pouches. Some of the factors driving the Asia Pacific pouches market include the presence of numerous players in the food and beverage industry, the growing number of working individuals resulting in the shifting consumer preference towards ready-to-eat (RTE) meals, the increased use of post-consumer recycled content in pouches due to an enhanced focus on sustainability, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global pouches market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Amcor plc, Constantia Flexibles, Coveris, Goglio SpA, Guala Pack S.p.a., Huhtamäki Oyj, Korozo, Mondi Plc, Proampac, Sealed Air, Smurfit Kappa Group Plc, Sonoco Products Company, Wipf Holding AG, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global pouches market performed so far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global pouches market?
What are the key regional markets?
Which countries represent the most attractive pouches markets?
What is the breakup of the market based on the material?
What is the breakup of the market based on the treatment type?
What is the breakup of the market based on the product?
What is the breakup of the market based on the closure type?
What is the breakup of the market based on end use?
What is the competitive structure of the global pouches market?
Who are the key players/companies in the global pouches market?
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