According to a research report “ Pouches Market” by End-user (Food and beverages, Personal care and cosmetics, Healthcare, Others) Type (Stand-up, Flat, Spout) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 15.38 billion, at a CAGR of 6.2% during the forecast period. In the business context, the shelf life of a product refers to the maximum duration it can be kept before becoming unsuitable for use. Extending a product's shelf life is particularly beneficial for manufacturers of perishable items, including food, pharmaceuticals, and cosmetics. By preserving the quality of these products for an extended period, manufacturers can minimize waste, reduce the risk of spoilage during transportation, and facilitate the export of perishable goods to distant markets. Pouches, with their ability to protect against oxygen and moisture, play a crucial role in enhancing the shelf life of sensitive products, such as coffee, ensuring their freshness and maintaining their market value..
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By End-user, the Food and beverages segment is projected to dominate the market size in 2024
The global pouches market experiences substantial growth, primarily driven by the food and beverage industry's demand for flexible packaging solutions. Pouch packaging offers numerous advantages for food and beverage companies, including lightweight designs, convenient storage, and extended shelf life for perishable goods. In the food sector, pouches are commonly utilized for packaging various products, such as snacks, sauces, condiments, baby food, pet food, and ready-to-eat meals. The adaptability of pouch packaging permits innovative designs, including stand-up pouches with spouts for effortless pouring or resealable closures for repeated usage. Amcor Plc, a renowned multinational packaging company, is a significant player in the global pouches market, recognized for its cutting-edge solutions in flexible and rigid packaging.
By Type, Stand-up segment is expected to hold the largest market size for the year 2024
In the realm of flexible packaging, stand-up pouches have emerged as a preferred solution for a wide array of products. These pouches cater to both food and non-food industries, encompassing offerings such as cookies, snacks, cereals, spices, soups, sauces, RTE meals, pet food, and various chemicals, detergents, and pharmaceutical products. Amcor Plc. is a leading provider of stand-up pouches, offering a diverse range that includes classic, spouted, custom, and laminated options. These pouches serve various applications, from food and beverage products like ready meals, crisps, snacks, nuts, confectionery, dairy and ice cream, baked goods, condiments and spreads, to personal care, home care, and other industries. Stand-up pouches are categorized into three types based on processing techniques: aseptic, standard, and retort. Each type is tailored to specific product requirements, ensuring optimal preservation and protection.
APAC is forecasted to hold the largest market size by region in 2024
The APAC pouches market is experiencing robust growth, driven by developing economies like China and India. The expansion of industries such as e-commerce, FMCG, and personal care in these regions is fueling market demand. In particular, the burgeoning e-commerce sectors of China, South Korea, Singapore, and Australia necessitate effective packaging solutions to mitigate product damage during transit. Pouches, as a protective packaging alternative, offer significant cost savings by eliminating expenses related to damage, replacement, returns, waste, and shipping.
The Pouches Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The pouches market is witnessing significant growth due to the shifting lifestyle tastes towards compact and portable snacks and beverages. The convenience of use, affordability, and lightweight nature of pouches make them an ideal packaging solution for the food and beverages industry. The stand-up pouches segment, in particular, has gained popularity due to its stability and durability. These pouches offer an aesthetic appeal and come in various sizes, making them suitable for packaged drinks, packaged goods, ready-to-eat meals, and even food cartons. The flexibility of pouches makes them an excellent choice for transportation vehicles, ensuring the safety and freshness of the contents. The changing lifestyles of consumers have led to an increase in demand for convenient and on-the-go food and beverage options. Pouches provide a perfect solution to this trend, offering a compact and portable packaging solution that is easy to carry and use. The affordability of pouches also makes them an attractive option for consumers, making them a popular choice in the food and beverages industry.
Market Research Overview
The pouches market is witnessing significant growth with key players like ProAmpac, Fresh-Lock, Accredo Packaging, Amcor, and Constantia Flexibles leading the charge. Brands such as Stonyfield Organic are utilizing resealable pouches made of compostable films and bio-based polymers to cater to the growing demand for sustainability. Mergers and collaborations between brand owners and packaging solution providers are on the rise, with Amcor's acquisition of AEP Industries and Accredo Packaging's collaboration with PepsiCo, reflecting this trend. Urbanization in India and shifting lifestyle tastes are driving the demand for space-saving, portable packaging solutions like zipper pouch packaging for baby food, pet food, soups, condiments, snacks, and beverages. The food packaging segment, including stand-up pouches, is expected to dominate the market due to its versatility and eco-friendly nature. Regulatory pressure, consumer distrust, and high initial investment are critical aspects challenging the growth of the pouches market. However, innovative pouch designs, multiple applications, and practical closures like spouts, rip notches, and zippers are driving future growth. The compostable pouch market and sustainable pouches made of plastic materials like PLA (polylactic acid), PHAs (polyhydroxyalkanoates), Polyethylene Terephthalate (PET), Polypropylene (PP), and Polyethylene (PE) are gaining popularity. The packaging solutions market encompasses various industries, including medical supplies, war crisis relief, and personal care. The beverage industry, agricultural products, oil & lubricants, and healthcare packaging segments are major contributors to the pouches market. The future of pouches lies in their lightweight nature, convenience, and aesthetic appeal, making them a preferred choice for packaged drinks, packaged goods, food cartons, and sachets packaging.
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