Press release
Inverted Pouch Market In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2021-2031
A new report by Allied Market Research, titled "Inverted Pouch Market," highlights the industry's steady growth trajectory. The inverted pouch market was valued at $10.6 thousand in 2021 and is projected to reach $22.4 thousand by 2031, growing at a CAGR of 7.6% from 2022 to 2031. Inverted pouches are flexible packaging solutions widely used in food products such as condiments, sauces, and personal care items due to their convenience and efficiency.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐: https://www.alliedmarketresearch.com/request-sample/A08481
Market Drivers
The growing demand for safe, cost-effective transportation of hazardous foods, beverages, and petroleum products has fueled the need for innovative packaging solutions. Public awareness regarding the environmental impact of traditional packaging and greenhouse gas emissions has further driven the demand for eco-friendly inverted pouches. These factors collectively boost the market's growth.
Additionally, population growth has led to increased consumption of daily essentials like water, milk, and petroleum products (kerosene, diesel, and gasoline), creating opportunities for the inverted pouch market during the forecast period.
Impact of COVID-19 on the Market
The COVID-19 pandemic disrupted global manufacturing in 2020, halting production activities due to lockdowns and restrictions. This led to a decline in revenue for inverted pouch manufacturers, as supply chains faced manpower and raw material shortages. However, with the rollout of vaccines in 2021 and the easing of restrictions, the market began recovering, with robust growth projected from 2023 onward.
Competitive Landscape and Key Developments
Major players in the inverted pouch market are leveraging strategies like product launches and acquisitions to strengthen their market positions. For instance, in June 2021, Constantia Flexibles acquired Propak, a leading player in Europe's snacks market, to expand its packaging solutions portfolio.
Market Segmentation
The inverted pouch market is segmented by:
Material Type: Polyolefin, metalized aluminum, ethylene vinyl alcohol, and others.
Capacity: Below 150 ml, 150-500 ml, 500 ml-1 liter, and above 1 liter.
End User: Food, personal care, and others.
Region: North America, Europe, Asia-Pacific, and LAMEA.
Asia-Pacific dominated the market in 2021, while Europe is anticipated to lead the global market share during the forecast period.
๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ญ๐ก ๐๐๐: https://www.alliedmarketresearch.com/inverted-pouch-market-A08481
Key Players
Prominent players in the market include:
Amcor Plc
APTAR
Constantia Flexibles
Glenroy Inc.
Mondi
ProAmpac
Sealed Air
Viking Masek
These companies focus on expanding their customer base and enhancing their product portfolios to sustain their competitive edge.
Key Findings of the Study
Material: Polyolefin dominated the revenue in 2021.
Capacity: The 150-500 ml segment generated the highest revenue in 2021.
End User: Food products led the market.
Region: Europe is expected to dominate during the forecast period.
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry
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