Liquid Pouch Packaging Market Size, Growth Research By Applications And Regions By 2024 | Top Key Players The Dow Chemical Company, Tetra Pak, Smurfit Kappa, Mondi Group, Weyerhaeuser, Bemis Company, Inc., Huhtamaki, Sealed Air Corporation, UFLEX Group

The U.S. liquid pouch packaging market size was valued around USD 1.24 billion in 2016. Expansion in the bakery and confectionary industry will fuel the industry . Rising demand for convenient packages along regulatory compliance are the key factors driving the product demand.

Asia-Pacific is the fastest growing region and was valued over USD 2.67 billion in 2015. Improving economic conditions and rising disposable income in India and China will support the industry . Growth in pharmaceuticals, cosmetic and food & beverage industry will propel the product penetration. Increasing online sales due to expansion in e-commerce industry will drive the regional demand.

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Europe liquid pouch packaging market is forecast to register notable gains of more than 5.6% over the coming seven years. Implementation of strict food safety rules along with growing health awareness among the end-users is expected to boost the business growth. U.S. liquid pouch packaging market is projected to record a CAGR of more than 5.5% during 2017 to 2024. High requirement of convenience packaging along with execution of food safety laws by various states in the U.S. will expand the scope of the business across the region.

Pillow products accounted for more than 34% of the liquid pouch packaging market share in 2016. Competitive pricing along with strong consumption of dairy products including milk, curd, yoghurt, and creams will drive this segment. Global dairy industry will generate revenue over USD 450 billion by 2024, with China being the major consumer.

Growth drivers

Increasing demand for convenient pouches

Shift in manufacturer preference towards cost effective packaging solutions

Growing requirements for brand enhancement in an increasingly competitive environment

Digital shoppers are driving change

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.

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. 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 size. Some of the strong common grounds favoring the regional market commercialization include steady population growth, extensive R&D activities, and expanded distribution channel.

Speaking along the similar lines, Europe liquid pouch packaging market is likely to witness over 5.6% CAGR over 2017-2024. Food and beverage sector is the leading application domain of the regional market. In fact, food and beverage applications procure a major chunk of the overall liquid pouch packaging industry share, holding almost 50% of the total volume in 2016. Fast paced lifestyles of the consumers have significantly upscaled the consumption of packaged food in Europe, which in a way have fueled up the demand for these high-grade pouch packaging solutions.

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Exceptional optical clarity, low heat conductivity, and moisture resistance for goods with low shelf life will lucratively propel the growth of liquid pouch packaging market size.

Flexible and rigid packaging are some of the major types of liquid pouch packaging. Flexible liquid pouch packaging market value, which was estimated at more than USD 5 billion in 2016, is projected to expand remarkably over the span of the next few years. The escalating popularity of disposable items along with ease in color printing & labelling of the items will boost the product demand.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. The Dow Chemical Company
2. Tetra Pak
3. Smurfit Kappa
4. Mondi Group
5. Weyerhaeuser
6. Bemis Company, Inc.
7. IMPAK Corporation
8. Swiss Pack Pvt. Ltd
9. Ampac Packaging
10. Pack o Flex
11. Sampack Group
12. PACKMAN INDUSTRIES
13. Filsilpek
14. PouchTec Industries, LLC.
15. Goglio S.p.A.
16. Bischof + Klein
17. Clondalkin Flexible Packaging
18. Südpack Verpackungen GmbH & Co. KG
19. Cellpack Lauterecken GmbH
20. Huhtamaki
21. Constantia Flexibles
22. Hood Packaging Corporation
23. Sonoco Products Company
24. Scholle IPN
25. Tyler Packaging
26. Glenroy, Inc.
27. Sealed Air Corporation
28. HPM Global Inc.
29. Smart Pouches
30. UFLEX Group
31. Omniverse Foster Packaging Pty Ltd
32. Paras Printpack
33. Pouch Direct Pty Ltd
34. Sunflex Laminators - India

Growing use of rigid packaging across the food & beverages and pharmaceuticals sectors will positively affect the growth of liquid pouch packaging market size. Requirement of less storage space along with beneficial lightweight features will further boost the revenue.

Browse key industry insights from the report, “Liquid Pouch Packaging Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/liquid-pouch-packaging-market

Aseptic, blow molding, and form fill seal are some of the vital techniques applied in the manufacturing process of liquid pouch packaging. Liquid pouch packaging industry size from aseptic techniques amounted to more than USD 3 billion in 2016 and is expected to increase over the coming seven years. High requirement for sanitized and disinfected packaging items will influence the revenue. Liquid pouch packaging market revenue from form fill seal technique is expected to grow at a rate of 5.5% over 2017-2024, driven by rise in production ability.

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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