Stand Up Pouches Market is Marked To Exhibit Notable Expansion At A CAGR Of 7% Till Forecast 2022
Summary
Stand-Up Pouches Market Statistics, Challenges, 7% of High CAGR, Growth, Future Scope | Information by Material (Plastic, Metal, Paper, and Others), by Type (Aseptic, Standard, and Retort), by Application (Food & Beverage, Healthcare, Personal Care, and Others) and by Region — Global Forecast till 2022
Key Players
- Amcor Ltd. (Australia)
- Berry Plastics Corporation(US)
- The Dow Chemical Company (US)
- Smurfit Kappa Group (Dublin)
- Clondalkin Group (Netherlands)
- Ampac Holdings LLC (US)
- Sealed Air Corporation (US)
- Bemis Company, Inc. (US)
- Astrapak Limited (South Korea)
- Coveris Holdings S.A. (US)
- Sonoco Products (US)
- Mondi Plc. (Austria)
are some of the major participants of the Stand Up pouches market. These players are expected to earn high revenues in the upcoming years and contribute to market growth.
Industry News
In August 2018, Viva Tierra Organic, Inc., a leading marketer of organic fruits and vegetables, has announced the launch of new packaging for apples and pears in zip-top stand up pouch packages.
In August 2019, Haney, a Cincinnati-based company, has announced the expansion of its packaging and printing capabilities with the launch of its digital arm, Haney Digital arm. The digital expansion is focused on printing, converting, and laminating short-run flexible packaging.
Market Segmentation
The Stand Up pouches market has been segmented on the basis of material, type, and application. Based on material, the Stand Up pouches market has been segmented into plastic, metal, paper, and others. Based on type, the Stand Up pouches market has been segmented into aseptic, standard, and retort. Based on application, the Stand Up pouches market has been segmented into food & beverages, healthcare, personal care, and others.
Regional Analysis
The regional evaluation of the Stand Up pouches market is covered in this study on regional and country-level basis. The regions assessed in the study are – North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). North America is one of the key segments of the global market. It is expected to earn high revenues owing to the rising demand for packaged food products. In addition, packaging innovations are anticipated to boost the revenue generation of the stand-up pouches market in the region across the review period. Asia Pacific is also poised to witness an attractive growth trajectory in the nearby future. Rapid growth of end-user industries and rising purchasing power being observed are projected to facilitate the expansion of the market during the evaluation period.
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