Pouch Packaging Market Forecasts to 2028 – Global Analysis By Type (Roll Stock, Flat Pouches and Other Types), Closure Type (Spout, Tear Notch and Other Closure Types) and Others
According to Stratistics MRC, the Global Pouch Packaging Market is accounted for $10.3 billion in 2022 and is expected to reach $14.94 billion by 2028 growing at a CAGR of 6.39% during the forecast period. A pouch is a simple physical object that may be used to transport anything. A pouch packaging is made from a laminate of flexible plastic and metal foils. It provides a hygienic packaging solution to a variety of food and drinking materials as a result of aseptic processing. It is expected to replace the food packaging in cans and other metals packaging products. It is an effective solution that helps in preserving packaged food by extending its shelf life. Pouches can be worn on the belt or carried in the pocket.
According to the India Youth for Society (IYFS) organization, the group collaborated with the Greater Visakhapatnam Municipal Corporation, and set up a recycling operation at the dump and gathers pouch bags for recycling. The IYFS office is convenient for disposing of unwanted milk pouches and plastic.
Market Dynamics:
Driver:
Rising popularity of baked foods and snacks
Snacking is becoming more popular, as is the use of single-serve and re-usable packaging options. The consumer's need is met by pouch packing as they are less in weight. It is one of the most cost-effective packaging options for brand owners in the packaged food business. It results in lower shipping costs for products.
Restraint:
Initial machinery costs
It needs highly focused filling, thermal treatment, and tensile strength testing equipment. These machines tend to be costly to purchase and to maintain. As the pouches are made of one or more layers of plastic film, aluminum foil, vapor deposited film or other materials depending on product type and shelf life requirements it greatly affect the value.
Opportunity:
Increasing online pre packaged food
The need for online pre-packaged food is propelling this market. It also makes such meals readily available off the shelf. These pouches may also be vacuum-packed, making them suitable for items such as smoked fish. Manufacturers are concentrating on delivering what customers want, such as handy and zippered closing packages. Pouch packaging in food categories is predicted to develop rapidly.
Threat:
Complex process
The process of pouch packaging is very complex as it the pouches are manufactured in different kinds of shapes, sizes and colours. It should meet the necessity of the consumer and should support the barrier, foil and fitments. Firstly, it is not like a can which has handle so the process goes under several segments for perfect sealing and protection.
Covid-19 Impact
The pandemic has mixed influence on pouch packaging. It faced lot of supply chain disruptions and decreased manufacturing parts. But increasing demand for medical and healthcare supplies increased the market growth of the pouch packaging segment. It also aided the sales of frozen foods in many regions across the globe.
The plastics material segment is expected to be the largest during the forecast period
The plastics material segment is estimated to have a lucrative growth, due to their longer duration. They offer strong resistance to moisture, dust, oxygen, and UV light. The low cost and durability of plastic make it the most preferred material. They packs fresh products and lasts it for very long time.
The bioplastic material segment is expected to have the highest CAGR during the forecast period
The bioplastic material segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the material that exhibits similar properties to that of plastic material and is completely degradable. the growing stringent regulations on the use of plastic packaging and rising awareness about sustainable packaging solutions among consumers are expected to augment the growth of the bioplastics material segment in the coming years.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to growing preference for mostly retort-packed goods to maintain their shelf stability, including fish, meat, and vegetables. Additionally, the nation's customers are becoming increasingly accustomed to ready-made meals reusable materials such as polyethylene made from bioethanol, polylactic acid, micro-fibrillated cellulose, and biodegradable materials are also included in sustainable packaging which is enhancing the market.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the increase in disposable income. It is projected to boost the expansion of businesses such as food and drinks, medicines, pet food and cosmetics and the vital function of pouch packaging in keeping packaged goods fresh for longer periods are expected to drive the market in the area.
Key players in the market
Some of the key players profiled in the Pouch Packaging Market include Sealed Air Corporation, Constantia Flexibles, Goglio SpA, Amcor plc, Guala Pack SPA, Coveris, Mondi, Huhtamaki, Smurfit Kappa, ProAmpac, Cheer Pack North America, Bischof + Klein SE & Co, KM Packaging Services Ltd, Toppan Inc, Hood Packaging Corporation, FLAIR Flexible Packaging Corporation, Uflex Limited, Aluflexpack Group, Scholle IPN, Sonoco Products Company, Glenroy Inc
Key Developments:
In July 2022, Mondi announced an investment to expand sustainable pet food packaging solutions. Mondi has announced plans to invest nearly EUR 65 million in three consumer flexible packaging plants in Europe to increase production capacity and meet customer demand for sustainable pet food packaging solutions
In May 2022, ProAmpac acquired Specialty Packaging Inc., a family-owned manufacturer of specialty paper, film, and foil packaging products for the fast food and food services industries. With this addition, the company enhances its reach with food service customers and expands its footprint to the southern United States.
In February 2022, Coveris Management GmbH expanded its capacity at the Kufstein site of a new 5-layer-stretch-film-for-silage extrusion line. The new extrusion facility, which was recently put into full operation, continues the modernization efforts at the plant and significantly increases the production speed of stretch film for silage bales.
Types Covered:
• Roll Stock
• Flat Pouches
• Stand Up Pouches
• Other Types
Closure Types Covered:
• Spout
• Tear Notch
• Zipper
• Other Closure Types
Treatments Covered:
• Aseptic
• Standard
• Hot Fill
• Retort
• Other Treatments
Materials Covered:
• Paper
• Bioplastics
• Plastic Films
• Aluminium Foil
• Other Materials
Weights Covered:
• Below 10 Grams
• 10-20 Grams
• 50-70 Grams
• More Than 70 Grams
• Other Weights
End Users Covered:
• Personal Care
• Health Care
• Food and Beverage
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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