Stand

News provided by

10 Aug, 2023, 07:55 ET

Share this article

NEW YORK, Aug. 10, 2023 /PRNewswire/ -- The Stand-up Pouches Market is set to increase at a CAGR of 8.85% from 2022 to 2027. During this period, the market size is expected to increase by USD 11,933.9 million. This comprehensive report delves into the market's segmentation by application (food and beverages, personal care and cosmetics, healthcare, and others), type (aseptic pouches, standard pouches, and retort pouches), and geography (APAC, North America, Europe, Middle East and Africa, and South America).

The Stand-up Pouches Market is driven by the growing demand for convenient packaging in the food industry, increased adoption in emerging economies, and a strong focus on lightweight and sustainable packaging solutions. Furthermore, the versatility and cost-effectiveness of stand-up pouches, coupled with their ability to preserve product integrity, contribute to their widespread adoption. The market's alignment with eco-friendly practices and the emphasis on reducing environmental impact also play a pivotal role in driving the continued growth of stand-up pouches.

Growth Prospects for Stand-up Pouches Market in Emerging Markets include:

Despite the market's promising growth, it faces certain challenges, with one of the prominent hurdles being the protection of hermetic seals during processing. Ensuring the integrity of the pouch's seal can be complex, especially in scenarios involving vacuum sealing or improper handling. A compromised seal can lead to product leakage or defects, adversely affecting the manufacturer's revenue and customer trust. Technavio provides a report on Stand-up Pouches Market that includes the market's key drivers, trends, challenges, and customer landscape, download the sample report now.

The research report on the Stand-up Pouches Market also includes detailed analysis of the competitive landscape of the market and information about 20 market companies, including: Allegion Public Ltd. Co., Amcor Plc, Berry Global Inc., Bryce Corp., Clondalkin Group Holdings BV, Constantia Flexibles Group GmbH, Coveris Management GmbH, Flexible Packaging LLC, Glenroy Inc., Guala Pack S.p.a., Huhtamaki Oyj, Mondi plc, Packman Packaging Pvt. Ltd., ProAmpac Holdings Inc., Sealed Air Corp., Smurfit Kappa Group, Sonoco Products Co., Swiss Pac Pvt. Ltd., UFlex Ltd., and Wihuri International Oy.

These companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and service launches, to maintain a competitive edge in the market.

The Stand-up Pouches Market is characterized by its exceptional growth potential, driven by factors like convenience-driven packaging trends, increasing demand from emerging markets, and a focus on sustainability. Challenges related to seal protection must be carefully navigated to ensure consistent quality. As the market continues to evolve, stand-up pouches are set to become an even more integral part of the global packaging landscape, catering to diverse industries with their versatile and efficient solutions. Buy the full report and make informed decisions to uplift your company.

Below, find a few related reports:

Retort Pouches Market: The retort pouches market is estimated to grow at a CAGR of 7.59% between 2022 and 2027. The size of the market is forecast to increase by USD 732.53 million. The report covers market segmentation by application (curry and sauces, pet food, ready-to-eat food, seafood, and others), type (tear notch, zipper, and spout), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

Global Flat Pouches Market: The global flat pouches market will grow at a CAGR of more than 4% during the predicted period. The report covers market segmentation end users (Food, Pharmaceuticals, Consumer goods) and geography (North America, APAC, Europe, EMEA).

About Technavio:

Technavio is a leading market research company with global coverage. Technavio covers an unparalleled range of industries and offers in-depth assessments of thousands of emerging and niche segments around the world. We employ a dedicated team of industry analysts and maintain an exhaustive internal database of industry information. With well over 500 analysts around the world, we are able to draw on specialized knowledge of over 100 technologies.

For media inquiries, please contact:

Email: [email protected]

Website: www.technavio.com

SOURCE Technavio