Pouches Market by Type (Stand-Up, Flat, Rollstock), Material (Plastic Films, Aluminum Foil, Paper, Bioplastics), Treatment Type (Standard, Aseptic, Retort, Hot-Filled), Pouch Weight, Sealer, Application, and Region - Global Forecast to 2024

“The rise in demand for packaged food and beverages is projected to drive the overall growth of the pouches market across the globe from 2019 to 2024.”

The pouches market is projected to grow from USD 36.4 billion in 2019, to reach USD 46.1 billion by 2024, recording a CAGR of 4.8%. The rising demand for packaged food and the need for cost-effective packaging solutions is projected to drive the demand for pouches. However, recycling of multi-layer structure and the availability of substitutes are projected to inhibit the growth of the market.
In terms of value, the stand-up pouches segment is projected to grow at the highest CAGR during the forecast period.
The stand-up pouches segment in the pouches market is projected to grow at the highest CAGR during the forecast period, in terms of value. The growth of this segment is attributed to the high demand for stand-up pouches in the food & beverages industry, as they are durable and render high stability to the product. Stand-up pouches are commonly used for food packaging products such as coffee, tea, sauces, and candies. They are considered an ideal packaging solution for products that weigh less than a pound.
In terms of value, the standard segment is projected to dominate the pouches market from 2019 to 2024.
The standard segment is projected to dominate the pouches market from 2019 to 2024, in terms of value. The demand for longer shelf life, aesthetic appeal, and high seal integrity are some of the key factors contributing to the growth of the standard segment. In addition, this segment is projected to account for the largest share in the market due to its cost-effectiveness and aesthetic display in stores. However, the hot-filled segment is projected to witness significant growth due to high demand for products with longer shelf life and their usage in ready-to-drink beverages.
In terms of both value and volume, the Asia Pacific pouches market is projected to grow at the highest CAGR during the forecast period.
In terms of both value and volume, the Asia Pacific pouches market is projected to grow at the highest CAGR from 2019 to 2024. The growth of the market in this region is attributed to the increase in disposable income of individuals, which has led to a rise in the demand for ready-to-eat products. Furthermore, the easy availability of raw materials and the increasing demand for compact packaging solutions from densely populated countries such as India and China are projected to drive the demand for pouches.
In-depth interviews were conducted with chief executive officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the stand-up pouches market.

By Company Type: Tier 1: 28%, Tier 2: 29%, and Tier 3: 43%
By Designation: M-level: 28%, D-level: 18%
Note: M: Level- Manager Level and D-Level- Director Level
By Region: North America: 15%, Europe: 25%, Asia Pacific: 45%, Middle East & Africa: 10%, and
South America: 5%

The pouches market comprises major manufacturers such as Amcor (Australia), Smurfit Kappa (Ireland), Mondi (Austria), Berry Global Inc. (US), Sonoco (US), Sealed Air (US), Huhtamaki (Finland), Constantia Flexibles (Austria), Coveris (Austria), Clondalkin Group (Netherlands), Goglio SpA (Italy), KOROZO (Turkey), ProAmpac (US), Gualapack S.p.A. (Italy), DaklaPack (Netherlands), Wipf Holding AG (Switzerland), A. Hatzopoulos S.A. (Greece), and Formika (Poland).

Research Coverage
The market study covers the pouches market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on material, type, treatment type, application, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the pouches market.
Key Benefits of Buying the Report
The report offers insights to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers in the overall pouches market and its segments and subsegments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 21
1.1 OBJECTIVES OF THE STUDY 21
1.2 MARKET DEFINITION 21
1.3 STUDY SCOPE 22
1.3.1 REGIONAL SCOPE 23
1.3.2 YEARS CONSIDERED FOR THE STUDY 23
1.4 CURRENCY CONSIDERED 24
1.5 UNITS CONSIDERED 24
1.6 STAKEHOLDERS 24
2 RESEARCH METHODOLOGY 25
2.1 RESEARCH DATA 25
2.1.1 SECONDARY DATA 26
2.1.1.1 Key data from secondary sources 26
2.1.2 PRIMARY DATA 27
2.1.2.1 Key data from primary sources 27
2.1.2.2 Breakdown of primaries 28
2.2 MARKET SIZE ESTIMATION 28
2.3 DATA TRIANGULATION 30
2.4 RESEARCH ASSUMPTIONS & LIMITATIONS 31
2.4.1 ASSUMPTIONS 31
2.4.2 LIMITATIONS 31
3 EXECUTIVE SUMMARY 32
4 PREMIUM INSIGHTS 36
4.1 ATTRACTIVE OPPORTUNITIES IN THE POUCHES MARKET 36
4.2 ASIA PACIFIC: POUCHES MARKET, BY TYPE AND COUNTRY 36
4.3 POUCHES MARKET, BY TYPE 37
4.4 POUCHES MARKET, BY FLAT POUCHES 37
4.5 POUCHES MARKET, BY STAND-UP POUCHES 38
4.6 POUCHES MARKET, BY MATERIAL 38
4.7 POUCHES MARKET, BY TREATMENT TYPE 39
4.8 POUCHES MARKET, BY APPLICATION 39
4.9 POUCHES MARKET, BY COUNTRY 40
?
5 MARKET OVERVIEW 41
5.1 INTRODUCTION 41
5.2 MARKET DYNAMICS 41
5.2.1 DRIVERS 42
5.2.1.1 Rising demand for packaged food & beverages 42
5.2.1.2 Cost-effectiveness 42
5.2.1.3 Rise in demand from end-use industries 42
5.2.1.4 Aesthetic appeal 43
5.2.2 RESTRAINTS 43
5.2.2.1 Stringent government regulations 43
5.2.3 OPPORTUNITIES 44
5.2.3.1 Rise in demand from emerging economies 44
5.2.3.2 Growing popularity of pouches in alcohol packaging 44
5.2.4 CHALLENGES 44
5.2.4.1 Availability of substitutes 44
5.2.4.2 Recycling of multi-layer structure 45
6 INDUSTRY TRENDS 46
6.1 INTRODUCTION 46
6.2 VALUE CHAIN ANALYSIS 46
6.3 PORTER’S FIVE FORCES ANALYSIS 48
6.3.1 THREAT OF NEW ENTRANTS 48
6.3.1.1 Presence of large-scale players 48
6.3.1.2 High investments 49
6.3.2 THREAT OF SUBSTITUTES 49
6.3.2.1 Abundance of substitutes 49
6.3.2.2 Low switching costs 49
6.3.3 BARGAINING POWER OF SUPPLIERS 49
6.3.3.1 Easy availability of raw materials 49
6.3.4 BARGAINING POWER OF BUYERS 50
6.3.4.1 High-volume buyers hold a high degree of bargaining power 50
6.3.4.2 Availability of numerous substitutes 50
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 50
6.3.5.1 High degree of market fragmentation 50
6.3.5.2 Low customer loyalty 50
?
7 POUCHES MARKET, BY TYPE 51
7.1 INTRODUCTION 52
7.2 STAND-UP POUCHES 53
7.2.1 BOTTOM GUSSET BAGS ARE THE MOST PREFERRED TYPE OF POUCHES 53
7.3 FLAT POUCHES 54
7.3.1 INCREASING DEMAND FOR FOUR-SIDE-SEAL POUCHES
TO DRIVE THE DEMAND FOR FLAT POUCHES 54
7.4 ROLLSTOCK 56
7.4.1 RISE IN DEMAND FOR READY-TO-EAT FOOD IS EXPECTED
TO DRIVE THE GROWTH OF THE ROLLSTOCK SEGMENT 56
8 POUCHES MARKET, BY MATERIAL 57
8.1 INTRODUCTION 58
8.2 PLASTIC FILMS 59
8.2.1 THE PLASTIC FILMS SEGMENT TO LEAD THE POUCHES MARKET 59
8.2.2 POLYETHYLENE (PE) 59
8.2.2.1 High-density polyethylene (HDPE) 60
8.2.2.2 Low-density polyethylene (LDPE) 60
8.2.2.3 Linear low-density polyethylene (LLDPE) 60
8.2.3 POLYPROPYLENE (PP) 61
8.2.3.1 Biaxially oriented polypropylene (BOPP) 61
8.2.3.2 Cast polypropylene (CPP) 61
8.2.4 POLY VINYL CHLORIDE (PVC) 61
8.2.5 ETHYLENE VINYL ALCOHOL (EVOH) 62
8.2.6 POLYAMIDE 62
8.3 ALUMINUM FOIL 62
8.3.1 RISING DEMAND FOR HIGH DUCTILITY AND BARRIER PROTECTION PACKAGING PRODUCTS TO DRIVE THE DEMAND FOR ALUMINUM FOIL 62
8.4 PAPER 63
8.4.1 COST-EFFECTIVENESS AND LOW WEIGHT TO DRIVE THE GROWTH
OF THE PAPER SEGMENT 63
8.5 BIOPLASTICS 63
8.5.1 GROWING TREND TOWARDS SUSTAINABLE PACKAGING
TO DRIVE THE BIOPLASTICS SEGMENT 63
9 POUCHES MARKET, BY APPLICATION 64
9.1 INTRODUCTION 65
9.2 FOOD 67
9.2.1 GROWTH IN DEMAND FOR COMPACT & LIGHTWEIGHT PACKAGING TO DRIVE THE POUCHES DEMAND IN THE FOOD INDUSTRY 67
9.3 BEVERAGES 67
9.3.1 BEVERAGES APPLICATION IS PROJECTED TO GROW AT THE FASTEST RATE DURING THE FORECAST PERIOD 67
?
9.4 PERSONAL CARE & HOMECARE 68
9.4.1 INCREASING DEMAND FOR POUCHES IN PERSONAL CARE
TO DRIVE THE MARKET 68
9.5 HEALTHCARE 68
9.5.1 AESTHETIC APPEAL AND PRODUCT PROTECTION CHARACTERISTICS OF POUCHES TO DRIVE ITS DEMAND IN HEALTHCARE 68
9.6 OTHERS 68
10 POUCHES MARKET, BY TREATMENT TYPE 69
10.1 INTRODUCTION 70
10.2 STANDARD 71
10.2.1 STANDARD POUCHES TO BE THE LARGEST SEGMENT OF
THE POUCHES MARKET 71
10.3 ASEPTIC 71
10.3.1 INCREASING NEED FOR A LONGER SHELF LIFE OF PRODUCTS
TO BOOST THE USAGE OF ASEPTIC POUCHES 71
10.4 RETORT 72
10.4.1 RISE IN DEMAND FOR READY-TO-EAT FOOD IS EXPECTED
TO DRIVE THE DEMAND FOR RETORT POUCHES 72
10.5 HOT-FILLED 72
10.5.1 HIGH DEMAND FROM THE BEVERAGES INDUSTRY
TO DRIVE THE DEMAND FOR HOT-FILLED POUCHES 72
11 POUCHES MARKET, BY POUCH WEIGHT 73
11.1 INTRODUCTION 73
11.2 BELOW 10 GRAMS 73
11.3 10–20 GRAMS 73
11.4 50–70 GRAMS 73
11.5 MORE THAN 70 GRAMS 73
12 STAND-UP POUCHES MARKET, BY SEALER 74
12.1 STAND-UP POUCHES MARKET, BY SEALER 74
12.2 DIRECT HEAT SEALER 74
12.3 VACUUM POUCH SEALER 74
13 POUCHES MARKET, BY REGION 75
13.1 INTRODUCTION 76
13.1.1 POUCHES MARKET SIZE, BY REGION 76
13.2 EUROPE 81
13.2.1 GERMANY 85
13.2.1.1 Germany to lead the stand-up pouches market in Europe 85
13.2.2 UK 86
13.2.2.1 Increase in expenditure on food and beverages to drive the demand for pouches in the UK 86
13.2.3 FRANCE 88
13.2.3.1 Stand-up pouches segment to lead the pouches market in France 88
13.2.4 SPAIN 89
13.2.4.1 Rise in demand for convenient packaging to support the growth of the pouches market in Spain 89
13.2.5 RUSSIA 91
13.2.5.1 Growing demand for ready-to-eat and packaged food to drive the pouches market in Russia 91
13.2.6 ITALY 92
13.2.6.1 Flat pouches to lead the pouches market in Italy 92
13.2.7 REST OF EUROPE 94
13.2.7.1 Growing consumption of packaged food to drive the demand for pouches in Rest of Europe 94
13.3 NORTH AMERICA 95
13.3.1 US 99
13.3.1.1 The US to lead the North American pouches market 99
13.3.2 CANADA 101
13.3.2.1 Increase in exports of packaged food to drive the Canadian pouches market 101
13.3.3 MEXICO 103
13.3.3.1 Increase in the demand for frozen, ready-to-eat, and processed food to drive the pouches market in Mexico 103
13.4 ASIA PACIFIC 105
13.4.1 CHINA 109
13.4.1.1 China to lead the Asia Pacific pouches market 109
13.4.2 JAPAN 111
13.4.2.1 High demand from the food & beverages segment to drive the pouches market in Japan 111
13.4.3 INDIA 113
13.4.3.1 India to be the second-fastest-growing market for pouches in Asia Pacific 113
13.4.4 AUSTRALIA 114
13.4.4.1 High disposable income, rise in the consumption of packaged food, and changes in lifestyle to drive the pouches market in Australia 114
13.4.5 SOUTH KOREA 116
13.4.5.1 Demand for convenience packaging is expected to impact the South Korean pouches market 116
13.4.6 REST OF ASIA PACIFIC 117
13.4.6.1 Rise in consumption of packed food to drive the pouches market in the Rest of Asia Pacific 117
?
13.5 MIDDLE EAST & AFRICA 119
13.5.1 TURKEY 123
13.5.1.1 Turkey to lead the pouches market in the Middle East & Africa 123
13.5.2 SOUTH AFRICA 125
13.5.2.1 Bottom gusset bags to be the largest consumed type of pouch in South Africa 125
13.5.3 SAUDI ARABIA 127
13.5.3.1 Increasing need for convenience packaging in various applications is driving the pouches market in Saudi Arabia 127
13.5.4 NIGERIA 128
13.5.4.1 Rapid urbanization to drive the pouches market in Nigeria 128
13.5.5 REST OF THE MIDDLE EAST & AFRICA 130
13.5.5.1 The market in Rest of the Middle East & Africa to
grow at a stagnant rate 130
13.6 SOUTH AMERICA 132
13.6.1 BRAZIL 136
13.6.1.1 Growth in disposable income to drive the pouches market in Brazil 136
13.6.2 ARGENTINA 137
13.6.2.1 Rise in demand for innovative packaging to drive the pouches market in Argentina 137
13.6.3 REST OF SOUTH AMERICA 139
13.6.3.1 Growth in the packaged food industry to drive the pouches market in Rest of South America 139
14 COMPETITIVE LANDSCAPE 141
14.1 OVERVIEW 141
14.2 MARKET RANKING 142
14.3 COMPETITIVE SCENARIO 143
14.3.1 MERGERS & ACQUISITIONS 143
14.3.2 EXPANSIONS, INVESTMENTS, AND DIVESTITURES 144
14.3.3 PARTNERSHIPS, AGREEMENTS, AND JOINT VENTURES 145
14.3.4 NEW PRODUCT LAUNCHES 145
15 COMPANY PROFILES 147
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
15.1 SMURFIT KAPPA 147
15.2 AMCOR 150
15.3 MONDI 156
15.4 BERRY GLOBAL INC. 160
15.5 SONOCO 163
15.6 SEALED AIR 166
15.7 HUHTAMAKI 169
15.8 CONSTANTIA FLEXIBLES 172
15.9 COVERIS 176
15.10 CLONDALKIN GROUP 178
15.11 GOGLIO SPA 180
15.12 KOROZO 182
15.13 WIPF HOLDING AG 184
15.14 A. HATZOPOULOS S.A. 187
15.15 PROAMPAC 189
15.16 GUALAPACK S.P.A. 192
15.17 FORMIKA 194
15.18 DAKLAPACK GROUP 194
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
15.19 OTHER PLAYERS 197
15.19.1 AMERICAN PACKAGING CORPORATION 197
15.19.2 BRYCE CORPORATION 197
15.19.3 GLENROY, INC. 198
15.19.4 C-P FLEXIBLE PACKAGING 198
15.19.5 ST. JOHNS PACKAGING 199
15.19.6 SCHOLLE IPN 200
15.19.7 INTERFLEX GROUP 200
16 APPENDIX 201
16.1 DISCUSSION GUIDE 201
16.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 205
16.3 AVAILABLE CUSTOMIZATIONS 207
16.4 RELATED REPORTS 207
16.5 AUTHOR DETAILS 208