Stand-Up Pouches Market Worth, Growth, Trend, Business Opportunities, Methodology by 2026
The increasing demand for packaged food and cost-effectiveness of the flexible packaging solution is propelling the growth of the market.
Market Size – USD 20.44 Billion in
2018, Market Growth - CAGR of 7.1%, Market Trends – High demand from
end-use industries.
The global Stand-Up Pouches Market is forecast to reach USD 35.71 Billion by 2026, according to a new report by Reports and Data. Stand up pouches are ideal for products that are positioned on retail shelving. Stand up pouches can stand securely on shelves without any support and is an excellent replacement for conventional bag-in-box packaging. The trend of stand-up pouches will only increase as the popularity of it increases. Stand-up pouches make an ideal container for solid, liquid and powdered foods as well as other items. Food grade lamination on the pouches keeps it fresh for a longer period of time, while ample surface area makes a perfect billboard for the advertisement of any brand and can also be used to display catchy logos and graphics.
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Major Companies Operating in the industry and
profiled in the report are:
·
Amcor Ltd.,
·
Constantia Flexibles Group GmbH,
·
Berry Global Group, Inc.,
·
Huhtamäki Oyj,
·
Sonoco Products Company,
·
Bemis Company, Inc.,
·
Sealed Air Corporation,
·
AR Packaging Group AB,
·
Mondi Group,
·
and Uflex Ltd.,
·
among others.
The report provides a comprehensive
analysis of current market dynamics and the factors that might influence the
growth of the market or hamper it. The report provides insight into revenue
growth, global and regional analysis, and market segmentation based on types
and applications.
Stand-Up Pouches Market Segmentation:
Based on Product Type:
·
Aseptic Pouches
·
Retort Pouches
·
Standard Pouches
·
Hot-Filled Pouches
Based on End-Users:
·
Food
·
Beverages
·
Agriculture
·
Chemicals
·
Personal Care & Cosmetics
·
Homecare
·
Tobacco Packaging
·
Healthcare
·
Automotive
The report additionally discusses
in-depth the strategic initiatives taken by the major market players for
expanding their consumer base and to gain market size. This includes a list of
mergers, acquisitions, joint ventures, product launches, collaborations,
partnerships, and agreements. The report includes an extensive profiling of the
key companies including their product catalogues, pricing analysis, and
business expansion strategies.
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The regional analysis of the Stand-Up
Pouches market provides an insight into the regions expected to hold the
largest share in the market. According to the research report, North America is
expected to dominate the market holding the largest share. Asia Pacific is
expected to show a significant growth in the coming years owing to adoption of
advanced technologies and growing consumer base. Europe is expected to follow
closely behind North America & APAC countries. Latin America and Middle
East & Africa are expected to hold a significant share in the market.
The regional analysis covers:
·
North America (U.S., Canada, Mexico)
·
Europe
(U.K., Italy, Germany, France, Rest of EU)
·
Asia Pacific
(India, Japan, China, South Korea, Australia, Rest of APAC)
·
Latin America (Chile, Brazil, Argentina, Rest of Latin
America)
·
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of
MEA)
To know more about the report, visit @ https://www.reportsanddata.com/report-detail/stand-up-pouches-market
Further key findings
from the report suggest
·
Plastic material type held the largest market share of 47.9% in
the year 2018. Plastic is hard to damage and also has greater longevity. The
material does not allow any substance to penetrate through, thus, protect the
product inside.
·
Aseptic pouches increase shelf life of the product with no
preservatives and are also cost-effective. This type of packaging is also
environment friendly. The segment is forecasted to grow with a CAGR of 7.5%
during the forecast period.
· Round Bottom held the largest market share of 23.4% in the year 2018. This type of stand-up pouches are used in several industries and are ideal for packaging products that weigh less than one pound.
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