Global Stick Packaging Market Growth (Status and Outlook) 2023-2029

Global Stick Packaging Market Growth (Status and Outlook) 2023-2029

Stick Packaging is type of flexible pouch suitable for food packaging. It derives its name by its shape which is similar to a stick of gum. Stick Packs are skinny flexible pouches for dry powders. Stick packs are narrow and convenient; one can easily pour the contents of the package into other form. They are a very economical and efficient form of food packaging. They are found to be smaller than a sugar pack or portion pack so that the footprints on the environment is comparatively lower than other forms.

LPI (LP Information)' newest research report, the “Stick Packaging Industry Forecast” looks at past sales and reviews total world Stick Packaging sales in 2022, providing a comprehensive analysis by region and market sector of projected Stick Packaging sales for 2023 through 2029. With Stick Packaging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Stick Packaging industry.

This Insight Report provides a comprehensive analysis of the global Stick Packaging landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Stick Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Stick Packaging market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Stick Packaging and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Stick Packaging.

The global Stick Packaging market size is projected to grow from US$ 302.2 million in 2022 to US$ 407.3 million in 2029; it is expected to grow at a CAGR of 4.4% from 2023 to 2029.

Currently, the demand for sustainable packaging is prevailing in the global stick packaging market with the development of eco-friendly packaging solution. Continuous development and innovation in the area of flexible packaging has supported manufacturers in creating small packaging products, ultimately driving the demand for stick packaging. Another key factor for the growth of global stick packaging market is the rising disposable income coupled with growth of the global retail industry. In addition to this, the rising demand for the packaged food due to health issues is another factor that is driving the growth of global stick packaging market. Another reason towards the growth of global stick packaging market is the busy life style of the consumer that encourage the consumption of on-the-go product. The need for the high barrier flexible packaging such as moisture free, dust free solution is another prominent reason to drive the growth of the global stick packaging market. However, the stringent regulatory landscape towards the use of plastic is expected to hinder the growth of the global stick packaging market over the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Stick Packaging market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Polyester
Paper
BOPP
Aluminum
Metallized Polyester
Polyethylene
Others

Segmentation by application
Food & Beverages
Pharmaceuticals
Consumer Goods
Nutraceuticals
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Amcor
Constantia Flexibles
Huhtamaki
Mondi
Sonoco

Please note: The report will take approximately 2 business days to prepare and deliver.