Pouch Packaging Market Trends and Forecast
The future of the global pouch packaging market looks promising with opportunities in the food, beverage, and household care markets. The global pouch packaging market is expected to grow with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are rising demand for convenient and portable packaging and increasing consumer preferences towards healthy and sustainable products.
• Lucintel forecasts that pet is expected to witness the highest growth over the forecast period.
• Within this market, food is expected to witness the highest growth.
• North America is expected to witness highest growth over the forecast period.
United States: In the United States, the pouch packaging market is experiencing significant growth driven by consumer demand for convenience and sustainability. Major companies like Amazon and Sealed Air are leading the charge. AmazonÄX%$%Xs extensive use of flexible materials for e-commerce packaging has bolstered the flexible plastics industry. Sealed Air launched Prismiq, a digital packaging brand, offering advanced digital printing and smart packaging solutions. The partnership between Sealed Air, ExxonMobil, and Ahold Delhaize USA aims to recycle flexible plastics into new food-grade packaging, showcasing a strong commitment to sustainability.
India: India is witnessing rapid growth in the pouch packaging market due to urbanization and rising consumer awareness about sustainability. Companies like UFlex and Huhtamaki are expanding their production capabilities and introducing eco-friendly packaging solutions. The government’s push towards reducing plastic waste has also encouraged the adoption of biodegradable and recyclable pouches. The increasing demand for convenient and on-the-go packaging solutions among urban consumers is significantly driving market growth.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Pouch Packaging by Segment
The study includes a forecast for the global pouch packaging by type, application, and region.
Pouch Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• PET
• OPA
• PE
• OPP
• CPP
• EVOH
• Others
Pouch Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Food
• Beverage
• Household Care
• Others
Pouch Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Pouch Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pouch packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pouch packaging companies profiled in this report include-
• Mondi
• Jamosolutions
• Amcor
• Sealed Air
• Daklapack
• Surepak
• Swiss Pack
Recent Development in the Pouch Packaging Market
Amcor: In February 2024, Amcor collaborated with Stonyfield Organic and Cheer Pack North America to launch the first all-polyethylene (PE) spouted pouch. This innovative packaging solution is designed to enhance sustainability without compromising performance, aligning with AmcorÄX%$%Xs commitment to environmental stewardship.
ProAmpac: In November 2023, ProAmpac introduced ProActive PCR retort pouches, which are a sustainable alternative to traditional retort pouches. These pouches are made with up to 30% post-consumer recycled (PCR) material, reinforcing ProAmpacÄX%$%Xs dedication to sustainability through its ProActive Sustainability platform.
Constantia Flexibles: In March 2023, Constantia Flexibles signed an agreement to acquire Drukpol Flexo, a Polish company specializing in flexible packaging. This acquisition is part of Constantia FlexiblesÄX%$%X strategy to expand its product offerings and enhance its sustainable packaging portfolio.
API Group: In January 2024, API Group partnered with Accredo Packaging and Fresh-Lock to launch a flexible stand-up pouch containing over 50% post-consumer recycled content. This innovative packaging solution includes a child-resistant closure, making it the first of its kind for the food industry.
Features of the Global Pouch Packaging Market
Market Size Estimates: Pouch packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Pouch packaging market size by type, application, and region in terms of value ($B).
Regional Analysis: Pouch packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the pouch packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pouch packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for pouch packaging market?
Answer: The global pouch packaging market is expected to grow with a CAGR of 5.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the pouch packaging market?
Answer: The major drivers for this market are rising demand for convenient and portable packaging and increasing consumer preferences towards healthy and sustainable products.
Q3. What are the major segments for pouch packaging market?
Answer: The future of the pouch packaging market looks promising with opportunities in the food, beverage, and household care markets.
Q4. Who are the key pouch packaging market companies?
Answer: Some of the key pouch packaging companies are as follows:
• Mondi
• Jamosolutions
• Amcor
• Sealed Air
• Daklapack
• Surepak
• Swiss Pack
Q5. Which pouch packaging market segment will be the largest in future?
Answer: Lucintel forecasts that pet is expected to witness the highest growth over the forecast period.
Q6. In pouch packaging market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the pouch packaging market by type (PET, OPA, PE, OPP, CPP, EVOH, and others), application (food, beverage, household care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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