Press release
Stand-Up Pouches Market Suppliers Share, Growth Factors, Trends, Analysis & Forecast, 2020–2026
The report examines the industry scenario to predict how COVID-19 might impact the prospective growth of the sector. The global Stand-Up Pouches Market is forecast to reach USD 35.71 Billion by 2026, according to a new report by Reports and Data. Stand up pouches are ideal for products that are positioned on retail shelving. Stand up pouches can stand securely on shelves without any support and is an excellent replacement for conventional bag-in-box packaging. The trend of stand-up pouches will only increase as the popularity of it increases. Stand-up pouches make an ideal container for solid, liquid and powdered foods as well as other items. Food grade lamination on the pouches keeps it fresh for a longer period of time, while ample surface area makes a perfect billboard for the advertisement of any brand and can also be used to display catchy logos and graphics.Market Size – USD 20.44 Billion in 2018, Market Growth - CAGR of 7.1%, Market Trends – High demand from end-use industries.
Stand-Up pouches save considerably in freight as they take significantly lesser space as compared to its alternative. Businesses are switching to stand-up pouches and in turn, flexible packaging in general. Rigid packaging cost three to six times more per unit than flexible packaging. Printed folding cartons cost twice as much as flexible packaging. Selecting stand-up pouches over a rigid alternative increases the profit margin of a business.
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Key Players Profiled in the Report Include:
Amcor Ltd.,
Constantia Flexibles Group GmbH,
Berry Global Group, Inc.,
Huhtamäki Oyj,
Sonoco Products Company,
Bemis Company, Inc.,
Sealed Air Corporation,
AR Packaging Group AB,
Mondi Group,
and Uflex Ltd.,
among others.
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The Stand-Up Pouches market Share is segmented on the basis of product types and applications offered by the market to impart an easy understanding of the Stand-Up Pouches market operations and covers:
By Product Type:
Plastic
Metal Foil
Paper
By End-Users:
Food
Beverages
Agriculture
Chemicals
Personal Care & Cosmetics
Homecare
Tobacco Packaging
Healthcare
Automotive
Regional Perspective:
The global Stand-Up Pouches market Size has been categorized into several significant regions, such as North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. This section of the report analyzes the presence of the global Stand-Up Pouches market across the major regions. It determines the market share, market size, revenue contribution, sales network and distribution channel, and other key elements of each regional segment.
To know more about the report @ https://www.reportsanddata.com/report-detail/stand-up-pouches-market
Further key findings from the report suggest
Aseptic pouches increase shelf life of the product with no preservatives and are also cost-effective. This type of packaging is also environment friendly. The segment is forecasted to grow with a CAGR of 7.5% during the forecast period.
Round Bottom held the largest market share of 23.4% in the year 2018. This type of stand-up pouches are used in several industries and are ideal for packaging products that weigh less than one pound.
Top-notch closure type is forecasted to hold a market share of 40.2% in 2026. This type of sealant of stand-up pouches is very commonly used in food and healthcare products.
The food segment held the largest market share of 19.2% in 2018. The food industry widely uses stand-up pouches for the packaging of frozen foods, food for the pet, dry fruits, confectionaries, snacks, candies, and sauces.
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Head of Business Development
Reports And Data | Web: www.reportsanddata.com
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