The latest market report published by Constancy Researchers “Global Pouches Market: Growth, Future Prospects, COVID-19 Impact Analysis, Drivers, Restraints, Trends, Opportunities, Investment Landscape, and Competitive Analysis, 2017 – 2028”
Global Pouches Market: Overview
The global pouches market was valued at US$ 3,822.9 Million in 2020 and is estimated to grow at a CAGR of 5.1% during the forecast period. The global pouches market is anticipated to witness lucrative growth in the years to come due to the rising demand for packaged food & beverages across the globe along with the increased demand for pouches in numerous end-use industries including healthcare, personal care, and others. Furthermore, the growing demand for advanced packaging and enhanced demand for attractive packaging are some other key factors for the growth of the pouches market during the forecast period. Moreover, the increased demand for eco-friendly packaging and rising modernization in the emerging economies of Asia Pacific are some of the key opportunities for the global pouches market over the upcoming years. Besides, the volatile raw material cost is one of key factors estimated to hamper the global pouches market growth in the years to come.
Global Pouches Market: COVID-19 Impact
The impact of COVID-19 has been considered in the global pouches market report published by Constancy Researchers Private Limited. According to Constancy Researchers Private Limited COVID-19 analysis on the global pouches market, the demand for pouches has decreased due to haltin the manufacturing industry worldwide during the COVID-19 period.
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Global Pouches Market: Report Highlights
- Based on pouches weight, the 10-20 gms category had a substantial share in the global pouches market in 2020 and presumed to witness lucrative growth over the forecast period. However, the 20-50 gms category is estimated to witness substantial growth during the forecast period.
- On the basis of treatment type, in the pouches market, the standard category had a major share in the global market in 2020 and is estimated to continue its dominant position during the forecast period. This is majorly due to high use of standard treatment pouches in the food & beverages industry. On the other hand, the aseptic treatment category is presumed to witness high growth during the forecast period.
- Based on the regional analysis, Asia Pacific had a major share in the global market in 2020 and is projected to witness lucrative growth over the upcoming years. This is majorly due to the increased penetration of retail along with the rising demand for packaged food & beverages in the region. Moreover, the growing urban population in the emerging economies along with the increased demand for attractive packaging products in the region are some other key factors for the growth of pouches market in the region are further estimated to enhance the regional market growth.
- Mergers & acquisitions, new product launches, strategic partnerships, and collaborations among key players are estimated to be the key strategies in the global pouches market.
- As per the research by Constancy Researchers Private Limited, the global pouches market is highly fragmented in nature owing to the presence of a large number of players at the global, regional, and country-level.
List of Key Players of Global Pouches Market
- Smurfit Kappa
- Amcor
- Mondi
- Berry Global Inc.
- Sonoco
- Sealed Air
- Huhtamaki
- Constantia Flexibles
- Coveris
- Clondalkin Group
- Goglio Spa
- KOROZO
- Wipf Holding AG
- Hatzopoulos S.A.
- Proampac
- Gualapack S.p.A.
- Formika
- Daklapack Group
- American Packaging Corporation
- Bryce Corporation
- Glenroy, Inc.
- C-P Flexible Packaging
- Johns Packaging
- Scholle Ipn
- Interflex Group
- Others
Global Pouches Market: Segmentation
Constancy Researchers Private Limited has segmented the global pouches market on the basis of treatment type,material, type, sealer, pouches weight, end use,and regional analysis-
Global Pouches Market: By Treatment Type
- Asepetic
- Hot-filled
- Retort
- Standard
Global Pouches Market: By Material
- Paper
- Labels
- Plastics
- Bioplastic
Global Pouches Market: By Type
- Stand-up Pouches
- Block Bottom
- Bottom Gusset
- Side Gusset
- Flat Pouches
- Pillow
- Four-Side Sealed
- Three-Side Sealed
- Roll Stock
Global Pouches Market: By Sealer
- Direct Heat Sealer
- Vacuum Pouch Sealer
- Others
Global Pouches Market: By Pouches Weight
- < 10 gms
- 10-20 gms
- 20-50 gms
- 50-70 gms
- >70 gms
Global Pouches Market: By End Use
- Medical &Pharmaceutical
- Cosmetics & Personal Care
- Food
- Beverages
- Others
Global Pouches Market: By Regional Analysis
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America (LATAM)
- Brazil
- Mexico
- Rest of Latin America (LATAM)
- Middle East & Africa (MEA)
- United Arab Emirates (UAE)
- Saudi Arabia
- Rest of Middle East & Africa (MEA)
