Stick Packaging Market Key Players, End User, Demand and Consumption by 2030

The global stick packaging market is set to grow steadily, despite COVID-19 induced sluggishness decelerating growth, according to a recent study published by Future Market Insights. This report elaborates on the prominent drivers and success factors that are likely to drive demand during the assessment period.

Globally, the packaging industry has experienced major developments in recent years. The high demand for flexibility and durability of packaging has prompted manufacturers to incorporate novel solutions by utilizing lightweight and eco-friendly materials.

Stick packaging offers a host of benefits. Besides its aesthetic appeal, stick packaging helps in maintaining compactness, are lightweight, and prove instrumental in protecting the product from external shocks. Based on these trends, the market is witnessing an impressive surge.

Stick Packaging Market

Key Takeaways from FMI’s Stick Packaging Market Study

  • By material, BOPP plastic stick packaging to remain highly preferred. However, paper stick packing is likely to expand rapidly
  • Liquid products sales such as cosmetic creams and food pastes to remain primary users of stick packaging solutions
  • By end use, food industry likely to tower over the rest, owing to high demand for instant consumables
  • Asia to pivot market growth, North America to enjoy substantial revenue share from 2020-2030
  • Product innovations key to ensuring prominent players’ enhanced market presence

“Prominence of sustainable packaging solutions is prompting manufacturers to introduce lightweight, flexible and environmentally friendly material in their existing packaging products ambit,” observes the FMI analyst.

Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-12663

COVID-19 Impact Insights

The novel coronavirus pandemic has drastically impacted global manufacturing capacities, crippling distribution networks and disrupting supply chains. Government-mandated shutdowns have caused a decline in production activities, reducing profit margins and stemming revenue inflow.

Due to this shutdown, the global packaging industry has also suffered several setbacks. The stick packaging market has also borne the brunt of this deceleration. Fortunately, the ever-increasing demand for foodstuffs and pharmaceutical products has prompted providers to keep their businesses operational.

Growth is further being fueled by an increasing percentage of customers relying on virtual marketing platforms to avail their supply of essential commodities. Several food and pharmaceutical companies are investing in robust stick packaging solutions for this reason. Thus, a steady growth trajectory is on the cards.

Several regions are already experiencing a resurgence as lockdown restrictions ease.  This is permitting various industries to restart their operations on a full-fledged basis, bridging potential supply-demand gaps. Consequently, the need for stick packaging solutions is also escalating.

Stick Packaging Market- Prominent Players

The global stick packaging market is dominated by the following prominent vendors*:

  • Amcor Plc.
  • Glenroy, PrintPack Inc.
  • Sharp
  • Aranow
  • Naturelle Ltd.
  •  Nellson Anahem
  • GFR Pharma Ltd.
  • Catalent Inc.
  • Hearthside Food Solutions LLC
  • Assemblies Unlimited Inc.
  • Lithotype  
  • Fresco Systems USA Inc.

*This list is only indicative- full details about stick packaging market players is available upon request.

The presence of innumerable large, medium & small enterprises renders the global stick packaging market intensely competitive. To survive this breakneck competition, the listed players employ a host of strategies.

New product launches, partnerships & expansions and mergers & acquisitions are amongst the major strategies deployed by the aforementioned vendors. In addition, capacity expansion is also considered an effective growth strategy.

Stick Packaging Market- Report Scope

AttributeDetails
Forecast Period2020-2030
Historical Data Available for2015-2019
Market AnalysisUS$ Mn for Value and Tons for Volume
Key Regions CoveredNorth America, Latin America, Europe, Middle East & Africa, East Asia, South Asia & Oceania
Key Countries CoveredU.S, Canada, Brazil, Mexico, Germany, Italy, France, U.K., Spain, Russia, Poland, Turkey, South Africa, GCC, Japan, South Korea, India, China, Australia and New Zealand.
Key Segments CoveredMaterial, Capacity, Product Form & End Use
Key Companies ProfiledAmcor Plc, Glenroy, PrintPack Inc., Sharp, Aranow, Naturelle Ltd., Nellson Anahem, GFR Pharma Ltd., Catalent Inc., Hearthside Food Solutions LLC, Assemblies Unlimited Inc., Lithotype and Fresco Systems USA Inc.
Report CoverageMarket Overview, Key Market Trends, Key Success Factors, Demand Analysis, Market Background, COVID-19’s Impact, Segmental Analysis, Regional Profiling, Market Structure Analysis and Competition Analysis
Customization & PricingAvailable upon Request

Competitive Landscape

Presence of multiple large, medium & small enterprises renders the global stick packaging market intensely competitive. To survive this breakneck competition, the listed players employ a host of strategies.

New product launches, partnerships & expansions and mergers & acquisitions are amongst the major strategies deployed by the aforementioned vendors. In addition, capacity expansion is also considered an effective growth strategy.

Some prominent players operating in this landscape are Amcor Plc, Glenroy, PrintPack Inc., Sharp, Aranow, Naturelle Ltd., Nellson Anahem, GFR Pharma Ltd., Catalent Inc., Hearthside Food Solutions LLC, Assemblies Unlimited Inc., Lithotype and Fresco Systems USA Inc.

More Valuable Insights on the Stick Packaging Market

Future Market Insights, in its new report, offers an unbiased analysis of the global stick packaging market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the stick packaging market on the basis of material (plastic, paper, aluminum and others), capacity (up to 5 ml, 6 ml to 10 ml, 11 ml to 15 ml & above 15 ml), product form (granules, powder, liquid, semi solid (viscous)) and end use (food, personal care & cosmetics, pharmaceuticals (cream & ointments), industrial and other end use) across seven regions.

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