Manufacturers have been encouraged to create new packaging alternatives as a result of dynamic industry changes like the introduction of new regulatory initiatives. Manufacturers have created biodegradable and sustainable packaging choices that are safe and secure in response to growing environmental concerns about the usage of plastics for flexible packaging. Manufacturers are looking into sustainable packaging options that use less resources and energy during production, save money on transportation costs, and increase the shelf life of products in order to ease cost pressure and preserve the integrity of product packages. The key areas that manufacturers focus on is the development of alternative bioplastic solutions which is expected to drive the market.
Within the report, the market is segmented into type, material, application and geography. By type, the market is further segmented into aseptic stand-up pouches, standard stand-up pouches, retort stand-up pouches and others. On the basis of material, the market is bifurcated into plastic, metal, paper and others. On the basis of application, the market is bifurcated into food and beverage, cosmetics and toiletries, healthcare and others. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.
The demand for packaged food and beverages has increased as a result of rising per capita income and increased health consciousness, which in turn has increased demand for stand-up pouches. Demand for packaged food products is rising as a result of increased westernization, an improvement in living standards, and a preference for convenience foods. Dried processed foods, ready-to-eat meals, diet snacks, bakery items, frozen processed food, dairy items, health food and drink items, and processed meat are some types of the primary types of packaged foods which drives the stand-up pouch market.
During the forecast period, standard stand-up pouches are anticipated to represent the largest type segment in the stand-up pouch market. Standard stand-up pouch can be ordered with a wide range of extra features and advantages, such as pour spouts, slider closures, release valves, and strong shelf presence. They also offer the substance inside them with great quality and superior barrier qualities. Many different sectors use these pouches to meet the needs for product packaging. They are frequently utilized in the packaging of food, drinks, fertilizers, and cosmetics in the current environment.
The stand-up pouches market has undergone several significant developments, and a few of these have been mentioned below:
The stand-up pouches market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Amcor Plc, Berry Global, Mondi & Henkel, Coveris, and Constantia Flexibles are among the prominent players operating in the market.
In this report, the market has been segmented on the basis of: