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Oct 12, 2018
The Stand-Up Pouches Market is segmented By Material (Plastic, Paper, Metal, Bioplastic), Type (Standard, Aseptic, Retort, Hot-filled), Application (Food & Beverages, Pet Food, Healthcare, Personal Care & Cosmetics, Homecare, Others), and Region - COVID-19 Impact Analysis and Forecast to 2026.
What are stand-up pouches?
Stand-up pouches refer to suitable containers for liquid, solid, and powdered, and non-food items which assist the food to stay fresh for a long period of time. Polypropylene, polyesters, and metal foil are the materials that are used to make stand-up pouches or packets. These are lightweight material which is easy to handle that are extensively utilized in the food and beverages industry for products such as tea, coffee, sauces, and candies.
Key Players
Key players operating in the stand-up pouches market are-
- Amcor plc (Switzerland)
- Mondi plc (UK)
- Sealed Air Corporation (US)
- Sonoco Products Company (US)
- Smurfit Kappa Group plc (Ireland)
- ProAmpac LLC (US)
- Swiss PAC USA (US)
- Winpak Ltd. (Canada)
- Clondalkin Group, Inc. (Netherlands)
Market Dynamics
The increasing adoption of packaging due to their features such as spouts and tear notches, zippers, or sliders, among others provide greater convenience and functionality are some of the key factors bolstering the market growth. Also, rising consumer inclination towards stand-up pouches and the surging demand for packaged goods owing to its aesthetic appeal, convenience, and several value-added features and limited requirement of material, shipping, and transportation costs escalate the stand-up pouches industry growth.
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Article source: https://article-realm.com/article/Finance/34606-Stand-Up-Pouches-Market-Growth-Trends-and-Forecast-till-2026.html
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