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Pouches Market by Type (Stand-up Pouches, Flat Pouches), Material (Plastic, Paper, Bioplastic), Closure Type, End User (Food & Beverages, Personal Care & Homecare, Cosmetics, Healthcare), and Geography - Global Forecast to 2031
Report ID: MRCHM - 1041414 Pages: 250 Nov-2024 Formats*: PDF Category: Chemicals and Materials Delivery: 24 to 72 Hours Download Free Sample ReportThe growth of this market is driven by the rapid growth of the cosmetics industry, government initiatives to develop eco-friendly pouches, and increasing demand for packaged food & beverage products. Furthermore, increasing demand for pouches for pharmaceutical applications and technological advancements in packaging materials are expected to generate growth opportunities for the stakeholders in this market.
Organizations and businesses are increasingly seeking customized packaging solutions to protect their products and enhance their brand image. Customization allows brands to highlight their unique identity and attract consumers with distinctive designs, colors, and graphics. In response to this growing demand, manufacturers are focusing on offering customized stand-up pouches. These pouches are easy to store, handle, and open, making them ideal for on-the-go consumption. Suitable for a wide range of products, including snacks, beverages, pet food, and personal care items, custom stand-up pouches provide a versatile and practical packaging option.
Brands are increasingly shifting toward eco-friendly packaging solutions, and custom stand-up pouches made from recyclable and biodegradable materials are aligning with this trend. Stand-up pouches use less material compared to traditional packaging like bottles and cans, resulting in a lower environmental impact. Additionally, custom pouches are more cost-effective than rigid packaging, making them particularly appealing to small and medium-sized businesses that require flexibility in production and inventory management. These factors are driving the growth of the pouches market during the forecast period.
Food & beverage packaging plays a critical role in the entire cycle of processed food production and distribution. Various types of packaging—such as pouches, bottles, cans, cartons, and jars—are used across food processing industries to protect products from contamination and preserve freshness. Stand-up pouches, in particular, are tightly sealed, easy to store, and user-friendly, making them an ideal choice for handling and accessing food products.
As the demand for processed food & beverages rises and competition intensifies within the industry, attractive packaging plays a key role in attracting new customers and retaining existing ones. The increasing demand for packaged food and beverages, coupled with food manufacturers' growing focus on efficient packaging solutions, is expected to drive the growth of the pouches market during the forecast period.
Pouches are gaining popularity in pharmaceutical packaging due to their convenience, resealability, and ability to protect medications from moisture, oxygen, and light, thereby extending shelf life. They are commonly used for unit-dose packaging of tablets, capsules, and powders, which helps improve medication adherence and reduce the risk of medication errors. Additionally, small medical devices such as bandages, cotton swabs, and test strips are often packaged in pouches. As a result, organizations are increasingly focusing on offering pouches tailored to the pharmaceutical packaging industry.
Some of the recent developments in this market space are as follows:
Such developments are offering growth opportunities for the pouches market during the forecast period.
Based on type, the pouches market is segmented into stand-up pouches, flat pouches, and other types. In 2024, the stand-up pouches segment is estimated to account for the largest share of the pouches market. The large share of this segment is attributed to the rise in the production of food products, increasing demand for flexible packaging, and customization in packaging material.
Stand-up pouches, also known as doypacks, are flexible packaging solutions designed to stand upright on shelves, offering both convenience and visibility. Made from materials such as polyethylene and laminated films, these pouches can be customized with various colors and designs to create attractive packaging for different industries. Stand-up pouches are suitable for a wide range of products, including food, beverages, pet food, cosmetics, clothing, and pharmaceuticals. They effectively protect contents from oxidation, moisture, light, and odors, making them ideal for preserving product quality. As a result, stand-up pouches are widely used across various sectors for packaging food, beverages, pet food, cosmetics, and household goods.
Some of the recent developments in this market space are as follows:
Such developments support the segment growth in the pouches market during the forecast period.
In 2024, Asia-Pacific is estimated to account for the largest share of the global pouches market. This large share is primarily attributed to rapid urbanization in the region, the growth of the food and beverage industry, the rapid growth of the e-commerce sector, increased consumer spending power, and changing lifestyles in countries such as China and India. Moreover, this region is also slated to register the highest CAGR during the forecast period.
The report includes a competitive landscape based on an extensive assessment of the key strategic developments that led market participants to adopt over the past three years (2021-2024).
The key players profiled in the pouches market report are Amcor plc (Australia), Mondi plc (U.K.), Smurfit Kappa Group plc (Ireland), Berry Global Group, Inc. (U.S.), Sonoco Products Company (U.S.), Sealed Air Corporation (U.S.), Huhtamaki (Finland), ProAmpac (U.S.), Coveris Group (U.K.), Constantia Flexibles (Austria), Goglio SpA (Italy), Wipf AG (Switzerland), Korozo A.S. (Turkey), Glenroy, Inc. (U.S.), and Daklapack Group (Netherlands).
Particulars |
Details |
Number of Pages |
250 |
Format |
|
Forecast Period |
2024–2031 |
Base Year |
2023 |
CAGR (Value) |
5.6% |
Market Size (Value) |
USD 72.8 Billion by 2031 |
Segments Covered |
By Type
By Material
By Closure Type
By End User
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Denmark, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Singapore, Malaysia, Indonesia, Australia & New Zealand, Thailand, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa (UAE, South Africa, Israel, and Rest of Middle East & Africa) |
Key Companies |
Amcor plc (Australia), Mondi plc (U.K.), Smurfit Kappa Group plc (Ireland), Berry Global Group, Inc. (U.S.), Sonoco Products Company (U.S.), Sealed Air Corporation (U.S.), Huhtamaki (Finland), ProAmpac (U.S.), Coveris Group (U.K.), Constantia Flexibles (Austria), Goglio SpA (Italy), Wipf AG (Switzerland), Korozo A.S. (Turkey), Glenroy, Inc. (U.S.), and Daklapack Group (Netherlands) |
The pouches market size was valued at $48.2 billion in 2023.
The market is projected to grow from $49.8 billion in 2024 to $72.8 billion by 2031.
The pouches market analysis indicates a significant growth to reach $72.8 billion by 2031, at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
The key companies operating in this market include Amcor plc (Australia), Mondi plc (U.K.), Smurfit Kappa Group plc (Ireland), Berry Global Group, Inc. (U.S.), Sonoco Products Company (U.S.), Sealed Air Corporation (U.S.), Huhtamaki (Finland), ProAmpac (U.S.), Coveris Group (U.K.), Constantia Flexibles (Austria), Goglio SpA (Italy), Wipf AG (Switzerland), Korozo A.S. (Turkey), Glenroy, Inc. (U.S.), and Daklapack Group (Netherlands).
A prominent market trend in the pouch market is the use of biodegradable and compostable pouches and the rising demand for custom stand-up pouches.
By Type, the stand-up pouches segment is forecasted to hold the largest market share.
By Material: the plastic segment is expected to dominate the market.
By Closure Type: the zipper segment is expected to dominate the market.
By End User, the food & beverages segment is poised to record the dominant position in the market.
By Geography, the Asia-Pacific segment is slated to register the largest market share.
By region, Asia-Pacific will hold the largest Pouches Market Share in 2024 and is also expected to witness the fastest growth.
The primary drivers of pouches market growth include the rapid growth of the cosmetics industry, government initiatives to develop eco-friendly pouches, and increasing demand for packaged food & beverages products.
Published Date: May-2024
Published Date: Jun-2024
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