Market Dynamics

Rapid industrialization in developed and developing countries, with the increase in competition among manufacturers operating in various end use industries in order to get an competitive edge, coupled with demand for sustainable packaging solution that aid in reducing the operational cost is resulting in demand for pouches this is a major factors expected to drive the growth of global pouches market. Food & beverage sector is flourishing across the globe. Consumer demand for new products with better taste is increasing this is changing manufactures focus towards adoption smart packing solution that attract the customers. Pouches packing provide a better advantage to produces to introduce new products with required size and shape.

Manufacture are focused on increasing the business presence overseas though strategic partnerships and agreements this is another factor expected to support the growth of target market. Major players are focused on increasing the profit ratio through strategic business expansion. This is expected to increase the customer base and enhance the product portfolio.

• In 2019, Sealed Air Corporation acquired Automated Packaging Systems, Inc. for US$ 150 Mn. Automated Packaging Systems, Inc. provides full flexible packaging systems, including industry leading equipment, sustainable materials and technical services. This acquisition will help the company to strengthen its product portfolio and increase the customer base.

Flourishing pharmaceutical sector across the globe coupled with demand for flexible packing solution is expected to increase demand for pouches further impacting the market growth positively. Pouches provide flexible packing solution to producers. They can provide drugs and other medication in bags, pouches, shrink films, tubes, sleeves and carded packaging. Through collaboration players are focused on lowering the operational efficiency.

• In 2020, Amcor Plc. partnered Moda to offer innovative packaging solutions this will help the company to gain operational efficiencies and drive total cost savings.

However, factors such as fluctuating raw material prices and availability of other packing solution are factors expected to hamper the growth of global market. Raw material prices keep on changing which is impacting the end product cost. In addition, stringent government regulation related to product approval is expected to challenge the market growth. Government is imposing various regulations related to use of plastic as recyclability is a major concern.

High investment by major players for R&D activities and innovative product offerings is expected to create new opportunities over the forecast period. In addition, introduction of recycle plastic pouches and high investment in establishment of recycling plant is expected to support the revenue traction of the target market.

• In 2018, Smurfit Kappa Group plc acquired paper and recycling business of Reparenco. This acquisition will help the company to strengthen its business in France and enhance its product portfolio in consumer packing.

Pouches Market Segment Analysis, 2019

The global pouch market is segmented in to type, material, treatment, application. The application segment is bifurcated into food, beverage, medical & pharmaceuticals, cosmetic & personal care, and others. Among the application the medical & pharmaceuticals segment is expected to account for significant revenue share.

Segment Analysis by Region

The market in North America is expected to account for major revenue share owing to increasing demand from food & beverage manufactures. In addition, business expansion activities through strategic merger and acquisitions are expected to support the growth of target market in this region.

Asia Pacific is expected to witness faster growth in the near future owing to major players inclination towards developing countries in order to increase the company presence.

Competitive Landscape

The competitive landscape is high due to presence of large number of players and high investment for product development. In addition, business expansion activities through strategic agreements are factors expected to further increase the competition.

Report coverage

The market research study on “Pouches Market (Type: Stand-up Pouches, Flat Pouches, and Roll Stock; Material: Plastic, Metal, Paper, and Bioplastics; Treatment: Aseptic, Standard, Retort, and Hot-Filled; Application; Food, Beverage, Medical & Pharmaceuticals, Cosmetic & Personal care, and Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026”, offers a detailed insights on the global pouches market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global pouches market, its type, material, treatment, application segment, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global pouches market size and segment markets by type, material, treatment, application, and geography along with the information on companies operating in the market. The pouches market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report. The players profiled in the report Bemis Company, , Mondi, Sonoco, Sealed Air, Berry Global Group, Coveris, ProAmpac, Smurfit Kappa, Amcor and Huhtamaki.

Market Segmentation

Market By Type

Stand-up Pouches

• Block Bottom
• Bottom Gusset
• Side Gusset

Flat Pouches

• Pillow
• Four-Side Sealed
• Three-Side Sealed

Roll Stock

Market By Material

• Plastic
• Metal
• Paper
• Bioplastics

Market By Treatment

• Aseptic
• Standard
• Retort
• Hot-Filled

Market By Application

• Food
• Beverage
• Medical & Pharmaceuticals
• Cosmetic & Personal care
• Others

Market By Region

North America

• US
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Rest if Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Meddle East & Africa