The global pouch packaging market size was valued at USD 41,393.6 million in 2021 and is poised to grow at a significant CAGR of 4.6% during the forecast period 2022-28. The dairy industry is expected to create reasonable demand for the plastic pouch packaging market. India and China majorly contributed to the dairy sector. The development of bio-degradable and reusable Pouch due to stringent regulations on single-use plastics is a crucial opportunity for the market players. Sustainable packaging includes recyclable, post-consumer recycled content, compostable, bio-based materials, and reusable materials such as Polyethylene derived from bioethanol, Polylactic Acid, Micro-fibrillated cellulose, Chill Buddy, etc. An increase in the adoption of alternative packaging solutions for pouch packaging is restraining the market's growth products.

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Food & Beverages Segment Dominates the Pouch Packaging Market

The food & beverages segment is expected to account for revenue share in the global pouch packaging market with a share of 58.9% in the global market in 2021 and projected to grow at 4.7% CAGR over 2022 - 2028.The growth of this segment is due to snacking trend is witnessing a rise, including the usage of single-serve and re-usable packaging solutions. Furthermore, there is increased demand for compact and lightweight packing materials, which is driving the growth of this segment.

The global pouch packaging market segmentation

• By Material Type: Plastic, Metal, Paper, and Others
• By End User: Food & Beverages, Household Care, Pharmaceuticals, Pet Food, Cosmetics and Personal Care, and Others

North America Leads Pouch Packaging Market

From 2022 to 2028, the Asia Pacific Pouch market is predicted to grow at the fastest rate in terms of value. The Asia Pacific region's rise is attributed to the increased demand for Pouch in densely populated countries like India and China since this packaging offers cost savings and provides an aesthetic appeal to the product. Furthermore, the growing use of Pouch in food, beverages, healthcare, personal care & home care, oil & lubricants, and agricultural products is likely to drive the Asia Pacific pouch market. North America is predicted to grow at a 4.8% CAGR over the projection period, reaching USD 15,254.7 Mn.

Key player’s profiles in the Pouch packaging market report are Amcor plc, Promac Engineering Industries Limited., Berry Global Inc., Hatzopoulos as a, Constantia Flexibles, Accredo Packaging, Inc., Mondi, Sonoco Products Company.

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