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High-Barrier Pouches Market 2024: Key Players American Pouch Brands, BEMIS, C, ESSENTRA PLC

High-Barrier Pouches Market

High-Barrier Pouches Market

Potential outlook in food & beverage applications is expected to drive high barrier pouches market. Longer shelf life, superior preservation, lightness, extended durability and recyclable properties will support product penetration. As per analysis, the global packaged food industry was estimated over USD 1.5 trillion in 2016 and is projected to surpass over USD 2.6 trillion by 2019.

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Companies are considering packaging as a branding tool rather than a protective package. Especially in FMCG environment where consumers are less concerned abound brand loyalty. Thus, manufactures are expected to invest in packaging design to gain competitive advantage and boost their product sales.

Liberalization of trade policies is likely to propel the international trade, which will positively influence the high barrier pouches market growth. Changing demographic and income trends led to an increase in consumer spending on disposable products. Increased adoption of new packaging technology, mainly by pharmaceutical and dairy sectors, are the key driving factors for the industry growth.

Technological developments in the product design for preventing moisture loss and retaining product freshness are the key driving factors for industry growth. Reduced packaging material usage coupled with low handling and storage cost will propel high barrier pouches market.

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Spouted high barrier pouches will grow over 6% up to 2024. Easy product consumption without utensils usage owing to attached spout in the pouch has supported industry growth. Easy to handle & carry, ready to pour and mess free food consumption are the driving factors for market growth.

Polyethylene will observe gains over 5.5% up to 2024. Excellent resistance and tensile strength as compared to other materials will drive industry growth. Increasing demand from household and industrial chemical segments owing to superior chemical resistance property is expected to propel product demand.

Industrial application segment will exceed USD 150 million by 2024. Rising product application for packaging fluids, paint & coatings and lubricants will drive high barrier pouches market growth in this segment. Increasing construction spending coupled with infrastructure development mainly in developing countries will boost the product demand.

Five-layer accounted for 50% of the total industry share in 2016. Superior gas & moisture barrier, resistance to solvents & UV rays and excellent printability properties will drive this segment’s growth.

Europe high barrier pouches market will witness gains over 5% up to 2024. Fast paced lifestyle along with rise in demand from consumers for small & convenient packages will support product penetration. Increasing product application in pharmaceutical sector is projected to boost regional market. Heat & acid resistance and superior shelf life are key properties propelling product demand.

Global high barrier pouches market share is highly fragmented owing to presence of many industry players both at regional & international level. Some of the major players are Essentra, Elliot Packaging, Amcor, Hood Packaging, Sonoco, Bemis, American Pouch and Vacuum Pouch Company.

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Chapter 3. High-Barrier Pouches Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.2. Technology providers
3.3.3. Manufacturers
3.3.4. Distribution channel analysis
3.3.5. Profit margin trends
3.3.6. Vendor matrix
3.4. Technology landscape
3.5. Raw material analysis
3.6. Industry best practices & key buying criteria
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.7.3. Australia
3.7.4. China
3.8. Trends in world economy and the packaging industry
3.8.1. Current R&D scenario on packaging
3.8.2. Demographic trends
3.8.3. Premade stand up pouches
3.8.4. Liquid stick pack applications
3.8.5. Shelf-stable foods
3.8.6. Pet foods
3.8.7. Sustainable packaging
3.9. Customer buying criteria
3.10. Pricing analysis, by region
3.10.1. North America
3.10.2. Europe
3.10.3. Asia Pacific
3.10.4. Latin America
3.10.5. MEA
3.10.6. Cost structure analysis
3.11. Industry impact forces
3.11.1. Growth drivers, by region
3.11.1.1. North America
3.11.1.2. Europe
3.11.1.3. Asia Pacific
3.11.1.4. Latin America
3.11.1.5. MEA
3.11.2. Industry pitfalls & challenges
3.12. Innovation & sustainability
3.13. Growth potential analysis
3.14. Opportunity for preformed pouches in the U.S.
3.14.1. Industry Landscape
3.14.2. Price trends
3.14.3. Technology matrix
3.14.4. Critical success factors
3.14.5. Potential customers, by application
3.14.6. Channels
3.15. Porter's analysis
3.16. Competitive landscape, 2016
3.16.1. Market share analysis
3.16.2. Key stake holders
3.16.3. Strategy dashboard
3.17. PESTEL analysis

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.

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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

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