Stand Up Pouches Market Is Marked to Exhibit Notable Expansion At A CAGR Of 7% Till Forecast 2022

Stand Up Pouches Market Overview

Stand-up pouches are laminated film bags, typically made of plastic or a blend of plastic and aluminum film. Stand-up pouches require less packaging material and occupy less space as compared to other traditional packaging methods such as cartons or boxes.

Key Players
The key players of Stand Up Pouches Market are

Amcor Ltd. (Australia)
Berry Plastics corporation (U.S.)
Ampac Holdings, LLC (U.S.)
Clondalkin Group (Netherlands)
Sealed Air Corporation (U.S.)
Astrapak Limited (South Korea)
Bemis Company Inc. (U.S)
Coveris Holdings S.A. (U.S.)
Mondi Plc. (Austria)
Sonoco Products (U.S.) and others.

Regional Analysis

North America has growing infrastructure facilities to support food packaging industries which further drives the Stand Up Pouches Market. Asia Pacific accounts for more than 60% share of Stand Up Pouches Market due to rising demand for ready to eat or convenience food. Increasing population, as well as growing middle-income groups, are positively influencing the demand for stand-up pouches. Moreover, the increasing the purchasing power and disposable income of consumers is expected to drive the overall growth of the stand-up pouches in the Asia-Pacific region.

Drivers and Restraints

Increasing popularity of packaged food and beverages in the urban areas of developed and developing region as a result of changing lifestyles and dietary habits of the population in these regions and growing preference for ready to consume food products are majorly propelling the growth of the global Stand Up Pouches Market. Increased demand for flexible packaging in various industries such as food and beverages, pharmaceuticals, cosmetics, personal care, consumer electronics and others is also aiding the expansion of the global Stand Up Pouches Market.

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