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Global Stand-up Pouches Market Share, Trends, Acquisitions, Outlook By 2033
The new report published by The Business Research Company, titled ""Stand-up Pouches Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the stand-up pouches market size has grown strongly in recent years. It will grow from $22.75 billion in 2023 to $24.95 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The stand-up pouches market size is expected to see rapid growth in the next few years. It will grow to $36.57 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%.
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Elevated Demand For Packaged Food And Beverages Drives Growth In Stand-Up Pouches Market
The rising demand for packaged food and beverage products is driving the growth of the stand-up pouches market. 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. Therefore, the rising demand for packaged food and beverage products is expected to propel the growth of the stand-up pouches market going forward.
Technological Advancements Transforming The Stand-Up Pouches Market
Technological advancement is the key trend that is gaining popularity in the stand-up pouches market. 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. This paper-based pouch offers outstanding environmental performance and reduces plastic consumption for the outer package and reduction in carbon-dioxide emissions associated with manufacturing by 28% compared as compared to plastic film stand-up pouches.
The stand-up pouches market covered in this report is segmented -
1) By Type: Aseptic Stand-up Pouches, Standard Stand-up Pouches, Retort Stand-up Pouches, Hot-filled Stand-up Pouches
2) By Form: Round Bottom, Rollstock, K-style, Plow/Folded Bottom, Flat Bottom, Other Forms
3) By Material: Plastic, Metal/Foil, Paper, Bioplastic
4) By Closure Type: Top Notch, Zipper, Spout
5) By Application: Pet Food, Food And Beverages, Healthcare, Homecare, Personal Care & Cosmetics, Other Applications
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Major companies operating in the stand-up pouches market report are Amcor plc, Berry Global Inc., Mondi plc, Sealed Air Corporation, Smurfit Kappa Group plc, Coveris Advanced Coatings (Holdings) Limited, ProAmpac Intermediate Inc., Huhtamäki Oyj, Sonoco Products Company, Bemis Company Inc., Winpak Ltd., Clondalkin Group Holdings B.V., Uflex Limited, Bischof + Klein SE & Co. KG, Glenroy Inc., Constantia Flexibles International GmbH, InterFlex Group Inc., FLAIR Flexible Packaging Corporation, Hood Packaging Corporation, Swiss Pac USA, Goglio S.p.A., Schur Flexibles Holding GesmbH, Printpack Inc., Gualapack S.p.A., Bryce Corporation, American Packaging Corporation, Astrapak Limited, Duropack Limited, Transcontinental Inc., The Dow Chemical Company
Contents of the report:
1. Executive Summary
2. Stand-up Pouches Market Report Structure
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 Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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