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Liquid Pouch Packaging Market has Demand Driver By DOW Chemical Company, Weyerhaeuser Company, Smurfit Kappa

12-28-2017 02:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: market size forecasters

Liquid Pouch Packaging Market, Liquid Pouch Packaging Market Study, Liquid Pouch Packaging Market Size, Liquid Pouch Packaging Mar

Liquid Pouch Packaging Market, Liquid Pouch Packaging Market Study, Liquid Pouch Packaging Market Size, Liquid Pouch Packaging Mar

Shifting consumer preference for convenient packing solutions due to demographics and lifestyle dynamics are key trending factors driving liquid packaging demand. High flexibility, low weight and easy to carry will remain key properties enhancing product penetration. Increase in consumer spending on energy drinks and prevalent health awareness trends will drive growth. Global energy drink spending was over USD 40 billion in 2016.

Pillow products accounted for more than 34% of the liquid pouch packaging market share in 2016. Competitive pricing along with strong consumption of dairy products including milk, curd, yoghurt, and creams will drive this segment. Global dairy industry will generate revenue over USD 450 billion by 2024, with China being the major consumer.

Liquid Pouch Packaging Market size is estimated to exceed USD 10.5 billion by Market Size Forecasters Add New Global Liquid Pouch Packaging Market by Manufacturers, Countries, Type and Application, Forecast to 2024 to its research database. The report presents a deep study of the market growth factors and drivers.

Get Sample Copy of this Report: https://marketsizeforecasters.com/get-sample/173151/?utm_source=OPEN-DC

The industry has witnessed increased demand from lubricants and paint & coatings. Safe and easy transportability has positively influenced product demand in this segment.

Future Scope:

Spout pouches are the fastest growing product owing to beneficial factors including transportation ease, handling, and ready to pour. Demand for infant spout pouches could witness over 7% gains through to 2024. Global baby food spending was over USD 50 billion in 2016. Day care centers or creche have also witnessed strong consumption for spout products owing to serving with ease facility.

Polyethylene is the widely used packing material and generated over USD 2 billion in revenue for 2016. Key properties offered by the material includes high insulation, durability, and flexibility along with stain and moisture resistance. Upward polymer price trend along with environmental regulations pertaining to material residues will impact the industry growth.

Flexible liquid pouch packaging generated over USD 5 billion revenue in 2016. Shifting preference for easy to carry products have enhanced the product demand. Moreover, the product enables ease in labelling & printing of colorful designs.

Market Segment by Manufacturers, this report covers

Global industry share is fragmented due to the presence of regional manufacturers. Tetra Pak International, DOW Chemical Company, Weyerhaeuser Company, Smurfit Kappa, Mondi PLC, IMPAK Corporation, Bemis, Bischof + Klein International and Ampac are the major industry players.

Get Discount on this Report: https://marketsizeforecasters.com/enquire-for-discount/173151/?utm_source=OPEN-DC

Liquid Pouch Packaging Market, By Packaging

Rigid

Flexible

Liquid Pouch Packaging Market, By Material

Polyester, Polyethylene, Polystyrene, Polypropylene, Aluminum, Fitments, tubes & spouts

Liquid Pouch Packaging Market, By Product

Pillow Pouches, Food & beverages, Pasty products, Liquid detergents & diluted bleach, Others

Market Segment by Regions, regional analysis covers

North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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.

Europe will witness over 5.6% CAGR up to 2024. Necessity for the small and convenient packing solutions due to changing lifestyles are the factors fueling the product scope. Increasing food safety awareness among consumers along with regulatory compliance will drive the regional demand.

Global industry share is fragmented due to the presence of regional manufacturers. Tetra Pak International, DOW Chemical Company, Weyerhaeuser Company, Smurfit Kappa, Mondi PLC, IMPAK Corporation, Bemis, Bischof + Klein International and Ampac are the major industry players.

For More Detail of This Report: https://marketsizeforecasters.com/liquid-pouch-packaging-market/?utm_source=OPEN-DC

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MarketSizeForecasters.com, a Skyline Market Research LLP brand, is an online aggregator of market research reports. MarketSizeForecasters.com offers a comprehensive collection of full length reports on global and regional markets in 100+ industry verticals. We have partnered with some of the leading business and market research publishing houses and regularly update our online library to offer wide range of reports to our customers.

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