Anticipated Surge in Global Stand-up Pouches Market Growth from 2023 to 2032 - Amcor plc, Berry Global Inc., Mondi plc, Sealed Air, The Smurfit Kappa Group plc, Coveris Group

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Stand-up Pouches Global Market Report 2023 identifies the rising demand for packaged food and beverage products as the major driver for the stand-up pouches market's growth in the forecast period. Packaged foods and beverages refer to the permeable or impermeable wrapping of food and beverage items to prevent direct contact of them with the environment and potential contaminants. Stand-up pouches keep packaged food and beverages fresher for a longer period and protect packaged items against moisture, contaminants, UV rays, and other factors, and enhance the shelf life of packaged products. For instance, in March 2022, according to the Australian Bureau of Statistics, an Australia-based independent statutory agency of the Australian Government responsible for statistical collection and analysis, per capita per day consumption of non-alcoholic beverages such as soft drinks and packaged water has increased by 4% and 12% respectively in the year 2021 as compared to last year.

The global stand-up pouches market size is expected to grow from $20.80 billion in 2022 to $22.55 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The stand-up pouches market size is expected to reach $32.47 billion in 2027 at a CAGR of 9.5%.

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Major competitors in the stand-up pouches market are Amcor plc, Berry Global Inc., Mondi plc, Sealed Air, The Smurfit Kappa Group plc, Coveris Group, ProAmpac Intermediate Inc., Huhtamäki Oyj, Sonoco Products Company, Bemis Company Inc., Winpak Ltd., Clondalkin Group Holdings B V, Uflex Ltd., Bischof + Klein SE & Co. KG.

A key trend in the stand-up pouches market includes technological advancement. Major companies operating in the market are focused on research and development for product innovations. For instance, in February 2021, Toppan Printing, a Japan-based company operating in packaging, décor materials, introduced Sustainable-Valuetm Packaging, a paper-based stand-up pouches combining layers of paper, sealant, and plastic film, using Toppan's unique processing technology to ensure producing the stable quality of pouch consist of paper material and heat seal varnish, an adhesive coating agent.

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The Stand-up Pouches market is segmented -

• By Type: Aseptic Stand-up Pouches, Standard Stand-up Pouches, Retort Stand-up Pouches, Hot-filled Stand-up Pouches

• By Form: Round Bottom, Rollstock, K-style, Plow/Folded Bottom, Flat Bottom, Other Forms

• By Material: Plastic, Metal/Foil, Paper, Bioplastic

• By Closure Type: Top Notch, Zipper, Spout

• By Application: Pet Food, Food And Beverages, Healthcare, Homecare, Personal Care & Cosmetics, Other Applications

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the stand-up pouches market.

The Business Research Company's "Global Stand-up Pouches Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Stand-up Pouches Market Include:
1. Executive Summary
2. Stand-up Pouches Market Characteristics
3. Stand-up Pouches Market Trends And Strategies
4. Stand-up Pouches Market - Macro Economic Scenario
5. Stand-up Pouches Market Size And Growth
……………
27. Stand-up Pouches Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Stand-up Pouches Market
29. Stand-up Pouches Market Future Outlook And Potential Analysis
30. Appendix

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