ID: MRFR/PNT/1683-HCR | February 2021 | Region: Global | 111 pages
Stand-Up Pouches Market Overview:
stand-up pouches market size is expected for a significant growth rate of 7.41% in the forecast period and expected to reach USD 41.60 billion by 2028.
This global stand-up pouches market research includes the Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent Developments, Segmentation Table and FAQs. The market dynamics include the stand-up pouches market drivers, restraints, and opportunities. The stand-up pouches market is segmented into type, application, materials, and region.
Globally, the COVID-19 pandemic situation which started in China hampered almost all the industries like the semiconductor industry, automotive industry, electronics, and more. The manufacturing sector has been badly affected due to lockdowns, government regulations, lack of manpower, raw materials, and product supply. The stand-up pouches market was also negatively influenced for a while. Later, it increases its demand rapidly by food & beverages application.
Moreover, due to the COVID-19 pandemic, a large scale of healthcare packaging products like syringes, vials, cartridges are required. Thus there is an increase in demand for the stand-up pouches market analysis.
Asia-Pacific accounts for more than 60% of the share to the stand-up pouches for its rising demand over ready-to-eat packaged food. Increasing population, food processing industry, and middle-income groups in this region may increase the demand for stand-up pouches. In the U.S, the stand-up pouches market demand continues to increase for its consistent demand from the food sector. For its new launching products, Europe market is steadily increasing. During the forecast period, the developing beverages industry and packaged food demand may increase the demand for stand-up pouches market outlook.
The prominent key players in the global stand up pouches market are the following:
Snacks packaging is one of the major drivers of the stand-up pouches as they became very popular for their re-closable packing that gives portability and portion control. The stand-up pouches market is offering the consumers to eat a small amount of time to time with this reclosable packaging. Hence due to this packing consumers are attracted to a snack food that contains healthiness and nutritional value of complete meals and thus increases the demand for stand-up pouches. Most people prefer treats that are healthy, convenient, portable, clean-eating, and natural energy-boosting snacks. The snacking trend is going on more than full meals.This increases the demand.
For its convenient features of stand-up pouches, the metal cans for food & beverages are shifted to flexible stand-up pouches. The stand-up pouches can be made by blending several layers of plastics that allow newer printing and designing techniques on the packet. This helps sterilize the package and the food product separately and further seal combined under a sterilized environment. Whereas these are not possible in metal cans.
When the stand-up pouches are filled, they stand upright on the shelf at the corner, do not impact the product ingredients even though it falls, display the product very clearly. But when the pack is emptying, the pouch loses its ability to stand straight and starts to fall. This may restrain the stand-up pouches value.
Stand-up pouches production requires large production space and a high amount of raw materials. This may hinder the growth of stand-up pouches revenue.
By changing the customer lifestyle and high standard of living, the inclination for packaged food & beverages is expected to boost its sales over the forecast period.
The global stand-up pouches market research has been segmented based on the type, application, materials, and region.
Based on Type:
The aseptic pouches, standard pouches, retort pouches, and others are the divisions of this market based on its types. Among these segments, the aseptic pouches segment is in the leading position of the market for its excellent properties like consumer appeal, high sealability, and longer shelf life. It protects the contents from bacteria. This pouch has demand for the adoption of ready-to-drink and dairy-based beverages.
Moreover, Standard pouches are projected to a significant CAGR during the forecast period. These are lined with food-grade laminates which makes them ideal for a variety of solids and liquid foods.
Based on Region:
These are divided into North America, Europe, Asia-Pacific, and ROW. North America has a growing demand for the stand-up pouches trends by growing infrastructure facilities that support food packaging industries.
Based on Application:
The stand-up pouches market based on the applications is segmented into food & beverages, healthcare, personal care, and others. In the global market, the food segment holds the highest share for its high quality, safety, and shelf-life stability of the product. Food packaging applications are meat & seafood, dairy food, etc. whereas, for beverages, these pouches are used in water, juices, drinks, dairy, and more applications.
Based on Materials:
Based on materials, the stand-up pouches market is segmented into plastic, metal, and paper. The most widely used material in the manufacture of stand-up pouches is plastic for its properties like rigid, easily recyclable, and less expensive than foils and papers. These also require less material are durable compared to others. Plastic pouches are used in applications like dry fruits packaging, liquid beverages like energy drinks and juices, and non-food products like liquid soaps, detergents. Metal foil stand-up packaging is used in the packaged food in contact with packing which extends the life of the shelf and keeps them fresh for a long time.
A laminated film bag is made of plastic or blends of plastic and aluminum film is stand-up pouches. This packing system requires less packing material, lower shipping, and transportation costs, lightweight, and also occupies less space compared to other methods such as cartons or boxes. As its name stand-up pouch, it stands securely on the shelves and helps in product visibility. It contains value-added features like zippers, slides closures, spouts & fitments, pour spouts, and release valves that offer greater convenience and functionality.
For the market purpose, to display their product design, this Stand up pouch is a perfect choice. It also protects the product from moisture, odor, vapor, and pests. These stand-up pouches can be used in various applications like processed foods, cookies, single-serve beverages, snacks, pet treats and pet foods, etC.
The stand-up pouches market research outlook is segmented into type, application, materials, and region.
Aseptic pouches, standard pouches, retort pouches, and others
Divided into North America, Europe, Asia-Pacific, and ROW
Food & beverages, healthcare, personal care, and others
Plastic, metal, and paper
|Market Size||2028: USD 41.60 Billion|
|CAGR||7.41% CAGR (2020-2028)|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Material , Type and Application|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Amcor Ltd. (Australia), The Dow Chemical Company (US), Berry Plastics Corp[oration (US), Smurfit Kappa Group (Dublin), Ampac Holdings LLC (US), Clondalkin Group (Netherlands), Sealed Air Corporation (US), Astrapak Limited (South Korea), Bemis Company, Inc. (US), Coveris Holdings S.A. (US), Mondi Plc. (Austria), Sonoco Products (US) and others., Amcor Ltd and Mondi Plc are the leading players in the stand-up pouches market trends.|
|Key Market Opportunities||
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
The packaged food and beverage demand are estimated to progress in the upcoming period.
A 7.41% CAGR is predicted to create momentum for expansion in the forecast period.
A distinguished income level is estimated to shape the development of the market in the impending period.
The immense production requirements are expected to create a promising impetus on the global market.