Pouches Market Outlook, Demand, Business Challenges, Opportunities and Major Key Players 2023-2028
IMARC Group has recently released a new research study titled “Pouches Market by Material (Plastic, Metal, Paper, Bioplastics), Treatment Type (Standard, Aseptic, Retort, Hot-fill), Product (Flat, Stand-up), Closure Type (Tear Notch, Zipper, Spout), End Use (Food and Beverages, Healthcare, Personal Care and Cosmetics, Homecare, and Others), and Region 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the pouches market?
The global pouches market size reached US$ 49.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 67.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.
What is pouches?
Pouches are flexible, often resealable, and typically flat bags or containers made from various materials, including plastic, paper, foil, or a combination of these materials. These flexible containers, typically made from materials such as plastic, paper, or foil, have gained significant prominence across industries due to their adaptability and convenience. Moreover, pouches come in a myriad of shapes and sizes, tailored to suit the specific needs of different sectors, from food and beverage to pharmaceuticals and cosmetics. They exhibit ability to preserve product freshness, enhance shelf appeal, and provide consumers with easy-to-use packaging. Pouches also serve as an ideal alternative to traditional rigid packaging, offering substantial benefits in terms of cost-effectiveness, sustainability, and branding opportunities.
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Pouches Market Trends and Drivers:
The increasing consumer demand for convenience is propelling the demand for the market. Pouches offers a hassle-free and portable packaging solution, catering to the busy lifestyles of modern consumers. Furthermore, the food industry is embracing pouches as a means to extend the shelf life of perishable goods, reducing food wastage and ensuring product safety. This trend is underscored by the adoption of innovative packaging technologies that enhance barrier properties and reduce the environmental footprint of pouches. Additionally, the launch of eco-friendly packaging options owing to the growing environmental awareness, is propelling the market growth.
In line with this, the widespread product utilization into various industries beyond food and beverages (F&B), including cosmetics, pharmaceuticals, and pet care, are supporting the market growth.
Other factors, including rising expenditure capacities of consumers, and significant growth in the packaging industry, are presenting remunerative growth opportunities for the market.
Who are the key players operating in the industry?
The report covers the major market players including:
- Amcor plc
- Constantia Flexibles
- Coveris
- Goglio SpA
- Guala Pack S.p.a.
- Huhtamäki Oyj
- Korozo
- Mondi Plc
- Proampac
- Sealed Air
- Smurfit Kappa Group Plc
- Sonoco Products Company
- Wipf Holding AG
Market Segmentation:
The report has segmented the market into the following categories:
Breakup by Material:
- Plastic
- Metal
- Paper
- Bioplastics
Breakup by Treatment Type:
- Standard
- Aseptic
- Retort
- Hot-fill
Breakup by Product:
- Flat
- Stand-up
Breakup by Closure Type:
- Tear Notch
- Zipper
- Spout
Breakup by End Use:
- Food and Beverages
- Healthcare
- Personal Care and Cosmetics
- Homecare
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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