Flexible Plastic Pouches Market by Material (Polyethylene, Polypropylene, Others), Type (Flat Pouches, Stand-up Pouches), Application (Food & Beverages, Personal Care, Health Care, Others): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026247 | Pages: 100 | Industry: Chemicals and Materials | Date: Sep 2022 | Type: Global

The market crossed US$ 57 billion mark in 2022 and is expected to hit US$ 91 billion by 2030, recording approximately a CAGR of 6.5% during the forecast period.

Cost-effectiveness and increased product shelf-life

There has been a gradual shift in consumer choice from traditional methods of preparing food at home to buying packaged products. Due to busy lifestyles, the demand for convenient products has increased, thus leading to a rise in demand for flexible pouches. Flexible plastic pouches require fewer resources and energy for packaging; hence, flexible pouches are available at low costs and occupy 35% less retail shelf space, rendering them cost-effective as compared to other forms of packaging. These are the factors expected to drive the growth of the flexible plastic pouches market.

Within the report, the market is segmented into material, type, application, and geography. By material, the market is divided into polyethylene, polypropylene, and others. By type, the market is segmented into flat pouches, stand-up pouches. By application, the market is categorized into food & beverages, personal care, health care, others. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

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The growing popularity of pouches in alcohol packaging

Alcohol packaging in pouches has recently started to gain popularity. Pouches are flexible, compact, lightweight, and cost-effective. Moreover, their aesthetic appeal and ability to maintain flavors and quality of products contribute to their increasing adoption in alcohol packaging. They also possess oxygen and contamination barrier qualities, which are essential for the preservation of the products. Currently, pouches are increasingly used for the packaging of wine, spirits, and beer. This packaging format for alcohol is largely used in the US, Australia, and South Africa.

Increasing demand for sustainability accelerates the market growth

Manufacturers globally are pledging to develop and engage only in the development of sustainable and bio-based flexible plastic solutions to make the planet a better place. With the increasing awareness about the toxicity of plastic, governments and manufacturers are stepping up and forming plans to accelerate the environmental sustainability process. For instance, US-based company DOW, has prepared a checklist for its 2050 sustainability goal. The company aims to reduce plastic waste by 2050 and increase global recycling of plastics by 2030. Such planning and action towards sustainability will lead to the development of bio-based flexible plastic packaging solutions, ultimately contributing to the market’s growth in the forecast period.

Recent strategic developments in flexible plastic pouches market

The flexible plastic pouches market has undergone several significant developments, and a few of these have been mentioned below:

  • In July 2020, Mondi invested in its flexible packaging plants, in Aramil and Pereslavl in Russia, to provide customers with improved flexibility and a broader portfolio, including sustainable packaging solutions
  • In September 2019, Mondi, in a four-year effort with a customer Werner & Mertz GmbH (Germany), developed a fully recyclable, flexible, stand-up pouch for W&M’s Frosch-brand laundry detergent. The product is called StripPouch and has earned certifications from two independent bodies for being 100% recyclable.

The flexible plastic pouches market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Amcor Plc, Berry Global Inc, Goglio SpA, Mondi, ProAmpac are among the prominent players operating in the market.

Target audience for the report:

  • Raw material providers
  • Packaging related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policymakers
  • Venture capitalists, private equity firms, and start-up companies
  • Application industry of flexible plastic pouches industry
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Material
  • Polyethylene
  • Polypropylene
  • Others
  • Type
  • Flat Pouches
  • Stand-up Pouches
  • Application:
  • Food & Beverages
  • Personal Care
  • Health Care
  • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
    • Amcor Plc
    • Berry Global Inc
    • Goglio SpA
    • Mondi
    • ProAmpac

Companies profiled

- Amcor Plc
- Berry Global Inc 
- Goglio SpA
- Mondi
- ProAmpac

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