Between 2022 and 2030, the stick pouches packaging market is bound to expand at a CAGR 5.90% up to USD 8,350 million, believes Market Research Future (MRFR).
Stick pouches are flexible pouches that facilitate single servings of powders or gels. Stick pouches offer the perfect solution for packaging snacks, powdered drinks, travel items, pharmaceuticals, and more. The mounting requirement for accurate dosing as well as portion control remains one of the top factors propelling the demand for stick pouches packaging. This is prompting the players to develop new products that allow them to cater to the surging need and enhance the adoption rate.
The pharmaceutical sector deals with chemicals as well as compounds that are highly reactive to contamination, and moisture, and therefore require packaging that prevents the chances of this happening. As stick pouches packaging provides impressive barrier characteristics, self-explanatory dosages, and uniformity in usage, these are ideal for the pharmaceutical sector. On a dim note, the surging concept of raw material recycling can expect to slow down the growth rate of the stick pouches packaging industry.
Stick pouches packaging will enjoy accelerated demand in emerging regions, especially in populous countries like China, and Brazil. Other countries providing significant opportunities to global companies can be India and Thailand, where the awareness about safe food, pharmaceuticals, and clean water has been rapidly surging.
Speaking of opportunities, the escalation in consumers’ disposable incomes in emerging regions and the rising preference for ready-to-consume food products will boost the sales of stick pouches packaging in the future. Other encouraging factors can be the low cost of chief raw materials needed to manufacture stick pouches. The heightened demand for packed food as well as baby food along with the high availability of packaged health beverages in line with the evolving lifestyle will further augment the market size.
Regional Analysis The stick pouches packaging market can geographically be segmented into North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). Asia-Pacific is expected to dominate the global stick pouches packaging market due the increase in disposable income in the developing economies such as India and China. The increase in the concept of ready to eat food and the packaged food due to the change in the lifestyle of the people is also expected to contribute to the growth of Asia Pacific stick pouches packaging market.
March 2022
Based on a long-term partnership, Intelligent Blends and Better Buzz Coffee will now be selling Better Buzz via a never-before-sold pairing of vanilla flavor-filled stick packs, and single-serving coffee pods.
March 2022
Action Point Inc with Signature Flexible Packaging Inc. has acquired Techflex Packaging LLC. The latter’s expertise is in products including stick packs and sachets, stand-up zipper pouches, printed laminated rollstock, and more.
Amcor Ltd.( Australia), Ampac Holdings, LLC (U.S.), Clondalkin Group (Netherlands), Sealed Air Corporation(U.S.), Astrapak Limited (South Korea), Bemis Company, Inc. (U.S), Sonoco Products Co.(U.S.) and others.
The report for Stick Pouches packaging market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
| Report Attribute/Metric | Details |
| Market Size | USD 8,350 million |
| CAGR | 5.90% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Material, Application |
| Geographies Covered | Material, Application and Region - Global Forecast To 2027 |
| Key Vendors | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Market Opportunities | Increasing disposable income in developing countries |
| Key Market Drivers | · Reducing cost of the raw materials · Increase in demand of packed food & baby food · Easy availability of packaged health drinks |
Stick Pouches Packaging Market Highlights:
Frequently Asked Questions (FAQ) :
The surge in demand for RTC food options is motivating the market on a global scale.
Astrapak Limited (South Korea), Sealed Air Corporation(U.S.), and Bemis Company, Inc. (U.S) are the prominent contenders.
An influential CAGR 5.90% is estimated to be seen in the market.
The application, region, and material segments are expected to permit a better understanding of the market.
The APAC region is expected to gain a big stake in the market in the future.
Senior Research Analyst I have a bachelor's degree in mechanical engineering and an mba. i have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. a firm believer in lifelong learning and sharing of knowledge. having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest.
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