Liquid Pouch Packaging Market Growth by Key Players: The DOW Chemical Company, Tetra Pak International S.A., Smurfit Kappa, Mondi PLC, Weyerhaeuser Company, Bemis, IMPAK, Swiss Pac, Ampac, Filsilpek, Packman Industries, Goglio Group, Clondalkin, Huhtamäk
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Pillow liquid pouch packaging market was valued over USD 2.09 billion in 2016. Improved barrier against oxygen & moisture coupled with low cost will encourage the product demand. Strong outlook in diary industry including milk, curd, yogurt and cream products will drive the industry demand.
Flexible liquid pouch packaging generated over USD 5 billion revenue in 2016. Shifting preference for easy to carry products have enhanced the product demand. Moreover, the product enables ease in labelling & printing of colorful designs.
Aseptic liquid packaging technique sales were worth over USD 3 billion in 2016. Rising demand for sterile and hygienic product packing will drive the demand. Form fill seal technology will witness more than 5.5% CAGR up to 2024. High production efficiency, fast filling along with food safety have enhanced the industry growth.
Increasing per capita income along with rapid urbanization has enhanced the liquid pouch packaging market growth. Growth in product usage to promote, position and brand the products has positively influenced the industry growth.
Easy storage and transportation coupled with reduced carbon emissions has encouraged the product demand. Growth in organized retail sector along with rising demand to improve shelf life is projected to stimulate liquid pouch packaging market.
Asia Pacific liquid pouch packaging market share accounted for more than 35% in 2016. Changing income and demographic trends are leading to increased consumer spending on packaged food products will propel the industry growth.
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Liquid Pouch Packaging Market, By Packaging
Liquid Pouch Packaging Market, By Material
• Fitments, tubes & spouts
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Europe will witness over 5.6% CAGR up to 2024. Necessity for the small and convenient packing solutions due to changing lifestyles are the factors fueling the product scope. Increasing food safety awareness among consumers along with regulatory compliance will drive the regional demand.
Global liquid pouch packaging market is fragmented owing to presence of numerous regional manufacturers. Some of key players are Swiss Pack, Steripack, Bemis, Constantia and Amcor. Several other industry participants are Adam Pack, Comar, Elopak, Evergreen, IPI, Liqui-Box, Nippon Paper Industries, Refresco Gerber, SIG Combibloc, Tetra Laval, Tetra Pak, Tide Pak and Tri-Wall.
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