- The round bottom segment is set to dominate the market over the forecast period under the design category
- Aseptic stand-up pouches in product type category will record significant growth owing to increase in demand for hygienic packaging
- In food end-use category, pet food packaging will create opportunities of growth for players
ALBANY, N.Y, Sept. 17, 2020 /PRNewswire/ -- From 2018 to 2026, multiple growth factors are set to drive new opportunities to the global stand up pouches market landscape. One of the most notable ones is growing demand for attractive and sustainable packaging. It is worth noting here that over the stated period, a robust CAGR of 5.4% will be charted. And, of the many things this will translate on to the growth charts, one of the most significant will be market worth.
As per Transparency Market Research, "The global stand-up pouches market will witness growth as an outcome of increasing demand from a number of end-use industries. It is pertinent to note here that demand for packaged food is growing significantly. This will contribute notably to the growth of the market over the forecast period."
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Key Findings of Global Stand-up Pouches Market Study:
- In the category of product type, the segment for aseptic stand-up pouches will record a notable growth over the forecast period
- Growth in the aforementioned segment will be an outcome of increasing demand for hygienic packaging
- Increase in demand for packaged food across the world is set to drive demand for stand-up pouches on a high growth trajectory
- Pet food packaging will create novel opportunities of growth over the forecast period while LDPE is set to dominate growth in the materials category
For a detailed analysis of global stand-up pouches market by material type, design, capacity, closure type, end use, and region, visit at https://www.transparencymarketresearch.com/stand-up-pouches-market.html
Key Drivers of Growth in Global Stand-up Pouches Market:
- Demand for packaged and processed food in fast-paced urban lives of people across the world is fuelling growth in demand for stand-up pouches
- People leading packed schedules demand for convenience in handling and longer shelf-life of food products
- Sustainable, hygienic and attractive solutions are set to witness increase in demand, pushing players towards strategic geographic and capacity expansion, innovation
- Stand-up pouches hold benefit of cost over metal cans and this is set to fuel growth in the market for flexible packaging
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Regional Analysis of Global Stand-up Pouches Market:
- The Asia Pacific (APAC) region is set to account for a huge share of the global stand-up pouches market over the forecast period
- Increasing demand for consumer goods, rapid industrialization and growing population are notable growth factors in the region
Analyze global stand-up pouches market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study
Competitive Landscape of Global Stand-up Pouches Market:
Companies in the global stand-up packaging market are using organic and inorganic measures – often a mix of the two types – to gain a better share of the revenue generated. It is pertinent to note here that some of the top ones are investing significantly in marketing initiatives. Expansions and innovation will witness a prominent place in strategy.
Some of the renowned players in the global stand-up pouches market, which have been profiled extensively by Transparent Market Research in its report on the market, are Amcor Ltd., Glenroy, Inc., Mondi Group, Berry Global Group, Sonoco Products Company, Coveris Holdings S.A., Bischof+Klein SE & Co. KG, Winpak Ltd., KOROZO Ambalaj San.ve Tic A.S., ProAmpac LLC, Sealed Air Corporation, Smurfit Kappa Group, Hood Packaging, and Printpack, Inc. among others.
The global stand up pouch market is segmented into:
- Material
- Plastic
- Metal (Foil)
- Paper
- Product
- Aseptic Stand-Up Pouches
- Retort Stand-Up Pouches
- Standard Stand-Up Pouches
- Hot-Filled Stand-Up Pouches
- Design
- Round Bottom/Doyen
- K-Seal
- Plow Bottom/Corner Bottom
- Flat Bottom
- Capacity
- <2 Oz
- 2 - 6 Oz
- 6 - 10 Oz
- 10 - 14 Oz
- >14 Oz
- End Use
- Food
- Agriculture
- Homecare
- Personal Care & Cosmetics
- Chemicals
- Beverage
- Tobacco Packaging
- Healthcare
- Automotive
Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of the Europe
- Asia Pacific
- China
- Japan
- India
- Australia & New Zealand
- Rest of Asia Pacific
- Latin America (LATAM)
- Brazil
- Mexico
- Rest of LATAM
- Middle East & Africa
- South Africa
- Rest of MEA
- GCC Countries
Explore Transparency Market Research's award-winning coverage of the Global Packaging Industry:
Punnet Packaging Market – There is growing demand for punnet packaging in the fresh horticulture produce landscape. The global rigid packaging market is currently valued at ~US$ 597 billion (2018), and is anticipated to grow at a steady CAGR of ~3% during the forecast period. As such, manufacturers are increasing their focus to offer rigid packaging solutions in the horticulture space.
Food Cans Market – The global food cans market is expected to gain prominence owing to its unique features such as easy recyclability, hermetically sealed cover, resistance to irregular handling and transport. Sheets of steel and aluminum are the basic raw materials needed for the making of the product. Some of the major suppliers of these raw materials comprise Chalco, ArcelorMittal, UC Rusal and others.
Filling Machines Market – The global filling machines market is estimated to expand at a CAGR of over 4% during the forecast period of 2019–2027, owing to numerous factors, about which, TMR offers thorough insights and forecasts in the filling machines market report.
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