The global Stand-up Pouches Market size is expected to reach US$ 18.50 billion by 2027 and is expected to grow at an impressive double-digit rate of 7.1% from 2020 to 2027.
The study includes drivers and restraints of this market. The study provides an analysis of the global Stand-up Pouches Market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2020 is considered as the base year.
Stand-up pouch is a flexible type of packaging format that can stand upright on its bottom for the purpose of display, storage, and use. These pouches provide significant advantages in terms of shipping convenience when compared with rigid bottles, glass jars, and aluminum cans because of which they are largely preferred by various Consumer Packaged Goods (CPG) manufacturers.
In addition, stand-up pouches provide several advantages in terms of better aesthetic appeal together numerous value-added features that include spouts, zippers or sliders, and tear notches, among others that offer superior functionality and convenience. Furthermore, these pouches utilize lesser amount of raw material while manufacturing, are lighter in weight, and thus require low transportation and shipping costs compared to other rigid packaging formats for example glass bottles and metal cans, among others.
Why should you invest in this report?
If you are aiming to enter the global Stand-up Pouches Market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Stand-up Pouches are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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Growth Factors
Handling problems with rigid packaging products along with their high cost of transportation because of their weight are the key factors that propel the growth of flexible packaging over rigid packaging such as stand-up pouches in the coming years. Furthermore, low prices of flexible packaging materials over rigid packaging likely to boost the demand of stand-up pouches.
Moreover, stand-up pouches act as a superior marketing tool for manufacturers of packaged goods as they offer product differentiation over others on the retail shelve. In addition, these stand-up pouches have a larger surface that offers significant printable space for high-quality graphics with a view to attract more customers especially in supermarkets and convenience stores where people make quicker purchasing decisions.
Report Highlights
- The Asia-Pacific estimated to be the most lucrative region during the forecast period due to rising impact of western culture, and rising demand for convenient packaging
- North America projected to exhibit a CAGR of more than 6% during the upcoming period because of significant demand for packaged food along with rising popularity of stand-up pouches over the rigid packaging
- The standard type segment led the global stand-up pouches market in 2019 and expected to maintain its dominance over the analysis period
- Aseptic type stand-up pouches projected to exhibit the highest growth rate during the upcoming years due to its increasing application in thermally sterilized products
- Plastic materials captured the maximum value share in 2019 owing to its significant application in manufacturing laminates and films that are used for manufacturing stand-up pouches
- The bioplastics material likely to project the fastest growth rate compared to other materials owing to increasing environmental concerns in account of rising plastic waste
- The food & beverages application segment dominated the global market in 2019 and expected to continue the same trend over the coming years
- The personal care & cosmetics application encountered a growth rate of around 7.5% over the analysis period because of increasing awareness related to personal grooming
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Key Players & Strategies
The global stand-up pouches industry is a niche and highly competitive in nature because of the presence of large number of regional as well as international players. These market players are largely focused towards offering pre-made stand-up pouches along with the customized products as per the consumer demand. The demand of the product varies according to the application and end-use vertical, therefore industry participant are flexible in offering wide variety of products. Furthermore, these market players are significantly adopting the inorganic growth strategies such as merger & acquisition, partnership, collaboration, joint venture, and many other to strengthen their footprint in the global market.
Some of the prominent players in the stand-up pouches market include:
- Sonoco Products Company
- Amcor plc
- ProAmpac
- Mondi
- Clondalkin Group
- Coveris
- Huhtamaki Group
- Winpak Ltd.
- Smurfit Kappa
- Sealed Air
- Bischof+Klein
- FLAIR Flexible Packaging Corporation
- Glenroy, Inc.
- Hood Packaging Corporation
- Uflex Limited
Major Market Segments Covered:
By Type
- Standard
- Retort
- Aseptic
- Hot-filled
By Material
- Paper
- Plastic
- Bioplastic
- Metal
By Closure
- Zipper
- Tear Notch
- Spout
By Application
- Pet Food
- Food & Beverages
- Healthcare
- Homecare
- Personal Care & Cosmetics
- Others
Regional Analysis:
The geographical analysis of the global Stand-up Pouches Market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American market is again segmented into the US, Canada, and Mexico. Coming to the European market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global Stand-up Pouches Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global Stand-up Pouches Market in 2027?
- What is the expected CAGR for the Stand-up Pouches Market between 2020 and 2027?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global Stand-up Pouches Market?
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