The global demand for Pouches Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
The pouch is a small bag, specifically a lockable bag used for carrying any physical material for safety and convenience. Most commonly used for packaging food items, personal care & home care products, chemicals, material components, etc. Pouches can be classified based on material, shape, size, and design. It has greater importance in the food industry for packaging items such as cereals, grains, tea, organic food, shampoo, soap, tissue paper, chocolates, candies, toffees, spices, rusk & cookies, chips, soup, bread, chemical fertilizers, fruit juice, milk, among others.
Global pouches' market growth will be driven by expanding production of packaged goods. Growing consumer and producer preferences for pouches over other more traditional rigid packaging is promoting higher demand for pouches. The growing popularity of ready-to-use spice mixtures, processed foods, and ready to eat dishes is pushing demand forward. Millennials spend less time on meal preparation, leading to increasing demand for easy-to-prepare, semi-prepared, and ready-cooked meals that rely on pouches to retain and enhance food packed pouches. Faster growth is expected in developing nations of Asia Pacific dueto rising personal incomes and expanding popularity of ready to eat food. However, the availability of substitutes like bottles, boxes, and other hampers the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of pouches.
The entire pouches market has been sub-categorized into pouch weight, type, material and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Pouch Weight
- Below 10 Grams
- 10–20 Grams
- 50–70 Grams
- More Than 70 Grams
- Stand-Up Pouches
- Flat Pouches
- Plastic Films
- Aluminum Foil
- Personal Care & Homecare
This section covers regional segmentation which accentuates on current and future demand for pouches market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Pouches Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pouches market include Smurfit Kappa, Amcor, Mondi, Berry Global Inc., Sonoco. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.