What's Driving The Liquid Pouch Packaging Market Size? | The Dow Chemical Company, Tetra Pak, Smurfit Kappa, Mondi Group, Weyerhaeuser, Bemis Company, Inc., Huhtamaki, Sealed Air Corporation, Uflex Group

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.

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.

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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 market 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.

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

Liquid Pouch Packaging Market, By Packaging
• Rigid
• Flexible
By Material
• Polyester
• Polyethylene
• Polystyrene
• Polypropylene
• Aluminum
• Fitments, tubes & spouts
Liquid Pouch Packaging Market, By Application
• Food & beverages
• Infant food
• Liquid products
• Viscous products
• Pasty products
• Industrial application
• Lubricants
• Fluids
• Paint & coatings
• Personal care
• Liquid soap
• Shampoo
• Home care
• Liquid detergents and diluted bleach
• Softener
• Pharmaceutical
• Creams & gels
• Syrups
By Technique
• Blow molding
• Form fill seal technology
• Aseptic liquid packaging

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.

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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

Pillow pouches, another prominent product segment of liquid pouch packaging market, accounted for 34% of the global share in 2016. With the escalating commercialization of packaged dairy items like milk, yogurt, creams, curds, pillow pouch market is likely to chart an appreciable growth over 2017-2024. Global dairy industry which is projected to hit a massive revenue of USD 450 billion by 2024, will leave a parallel impact on liquid pouch packaging market trend as well.

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.

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

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