Press release
Liquid Pouch Packaging Market 2018 Top Key Players - DOW Chemical, Tetra Pak International S.A., Smurfit Kappa, Mondi PLC, Weyerhaeuser Company, Bemis IMPAK, Swiss Pac, Ampac, Pack o Flex
Liquid Pouch Packaging Market
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As consumers become more conscious about the quality of the food purchase, it is imperative that they choose to seek sustainability and convenience in packaging. Liquid pouch packaging not only provide safety, sustainability, and barrier protection, but its high flexibility and low weight make it highly convenient. These added unique functionalities add a marketability label to these packaging solutions.
A recent report put forward by Global Market Insights, Inc. depicts Liquid pouch packaging industry in the next seven years will almost double its revenue share by 2024, having accounted USD 5.5 billion in 2016. In terms of volume, the market is forecast to exceed 7000 kilotons by 2024. Worldwide, the industry is highly fragmented with the participation of a large number of small and medium sized manufacturers.
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Some of the biggies include Tetra Pak International, Weyerhaeuser Company, The DOW Chemical Company, IMPAK Corporation, Ampac, and Bemis. Though the business landscape is diversified, North America and Europe observes a strong foothold in the global liquid pouch packaging market. Some of the strong common grounds favoring the regional market commercialization include steady population growth, extensive R&D activities, and expanded distribution channel.
North America liquid pouch packaging market, on the other hand, is mainly represented by U.S, given the country’s stringent regulatory framework with regards to food safety. California’s Proposition 65, Labelling Act, and Poison Prevention Packaging Act are some of the legislations favoring the regional industry expansion. With a strong demand for FDA approved packaging, U.S. liquid pouch packaging market is slated to experience a y-o-y growth of 5.5% over 2017-2024.
Based on product landscape, stand up liquid pouch packaging market crossed the billion-dollar business fraternity in 2016 and the trend is likely to continue, taking into consideration the increasing adoption of these pouches across myriad end use domains. The huge growth of the market can be credited to the products’ capability of imparting an aesthetic appearance to food products along with minimal space requirement.
It has been observed that liquid pouch packaging market players are increasingly focusing on manufacturing bio based high-quality packaging products. The demand for these products is highly influenced by the recent food trend which is mostly inclined toward convenient food purchases. Another profound aspect that is impacting the liquid pouch packaging market dynamics is the growing urban population and changing demographic trends. The upgradation in living standards and economic development have raised the consumption of packaged food items like sauces, juices, creams, etc., subsequently fueling liquid pouch packaging industry trends.
Chapter 4 Liquid Pouch Packaging Market, By Packaging
4.1 Global liquid pouch packaging market share by packaging ,2016 & 2024
4.2 Rigid
4.2.1 Market estimates and forecast, 2013 – 2024, (Kilo Tons) (USD Million)
4.2.2 Market estimates and forecast from rigid, by region, 2013-2024 (Kilo Tons) (USD Million)
4.3 Flexible
4.3.1 Market estimates and forecast, 2013 – 2024, (Kilo Tons) (USD Million)
4.3.2 Market estimates and forecast from flexible, by region, 2013-2024 (Kilo Tons) (USD Million)
Chapter 5 Liquid Pouch Packaging Market, By Material
5.1 Global liquid pouch packaging market share by material, 2016 & 2024
5.2 Polyester
5.2.1 Market estimates and forecast, 2013 – 2024, (Kilo Tons) (USD Million)
5.2.2 Market estimates and forecast from polyester, by region, 2013-2024 (Kilo Tons) (USD Million)
5.3 Polyethylene
5.3.1 Market estimates and forecast, 2013 – 2024, (Kilo Tons) (USD Million)
5.3.2 Market estimates and forecast from polyethylene, by region, 2013-2024 (Kilo Tons) (USD Million)
5.4 Polystyrene
5.4.1 Market estimates and forecast, 2013 – 2024, (Kilo Tons) (USD Million)
5.4.2 Market estimates and forecast from polystyrene, by region, 2013-2024 (Kilo Tons) (USD Million)
5.5 Polypropylene
5.5.1 Market estimates and forecast, 2013 – 2024, (Kilo Tons) (USD Million)
5.5.2 Market estimates and forecast from polypropylene, by region, 2013-2024 (Kilo Tons) (USD Million)
5.6 Aluminum
5.6.1 Market estimates and forecast, 2013 – 2024, (Kilo Tons) (USD Million)
5.6.2 Market estimates and forecast from aluminum, by region, 2013-2024 (Kilo Tons) (USD Million)
5.7 Fitments, tubes & spouts
5.7.1 Market estimates and forecast, 2013 – 2024, (Kilo Tons) (USD Million)
5.7.2 Market estimates and forecast from fitment, tubes, & spouts, by region, 2013-2024 (Kilo Tons) (USD Million)
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news
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