Recently unveiled findings from an analysis of the digital printed pouch market reveal an exciting trajectory. The global demand for digital printed pouches is projected to exhibit a robust compound annual growth rate (CAGR) of approximately 5.4% throughout the forecasted period, with the market volume expected to surge to millions of tons by the year 2031.
The forecast suggests that the East Asia and South Asia regions are poised for substantial expansion, with the anticipation of achieving higher growth rates. Furthermore, these regions are expected to capture a noteworthy market share during the forecast period.
Digital printed pouches serve as versatile packaging solutions that find extensive application in various industries, including food, beverages, and pharmaceuticals. Their manufacturing process is characterized by ease, efficient storage, and cost-effectiveness, setting them apart from rigid packaging options and making them an attractive choice for manufacturers.
Consumers, too, favor digital printed pouches due to their user-friendly nature, convenience in storage, and ease of use for a wide range of everyday products. These factors are expected to exert a substantial positive influence on the global demand for digital printed pouches in the market.
Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-13802
Key Trends Impacting Growth of the Digital Printed Pouch Market
The rising trend of substituting traditional rigid packaging, such as jars and bottles, with stand-up pouches has garnered significant momentum in the market. Products that were conventionally confined to rigid packaging due to their need to stand upright are increasingly finding new homes in lightweight and cost-effective stand-up digital printed pouches.
This shift is swiftly gaining momentum, with a multitude of manufacturers spanning various industries opting to introduce their products in stand-up digital printed pouches to leverage the numerous advantages they offer.
Drivers:
- Customization and Personalization: Digital printing technology allows for high levels of customization and personalization, enabling manufacturers to create visually appealing and unique packaging solutions tailored to specific products and branding needs.
- Cost-Effective Short Runs: Digital printing is cost-effective for short production runs, making it a preferred choice for small-batch or limited-time promotions, allowing manufacturers to save on setup costs.
- Sustainability: The use of eco-friendly inks and the ability to print on recyclable materials align with the growing demand for sustainable packaging solutions, which can drive the adoption of digital printed pouches.
- Quick Turnaround: Digital printing offers faster turnaround times compared to traditional printing methods, enabling manufacturers to respond quickly to changing market demands and trends.
- Rising E-commerce: The surge in e-commerce has increased the need for flexible and visually appealing packaging, and digital printed pouches are well-suited for this purpose.
Restraints:
- Limited Material Compatibility: Some digital printing technologies are not compatible with all packaging materials, restricting the choice of substrates and potentially limiting design options.
- Initial Setup Costs: While digital printing is cost-effective for short runs, it may involve higher initial setup costs for equipment and technology, which can be a barrier for some manufacturers.
- Quality and Color Consistency: Maintaining consistent print quality and color accuracy across various production runs can be challenging, which may be a concern for manufacturers seeking precise branding and product representation.
- Market Competition: The digital printing market is competitive, and manufacturers may need to invest in cutting-edge technology to stay ahead in terms of innovation and quality.
- Regulatory Compliance: Meeting regulatory requirements, such as food safety and labeling standards, can be more complex with digital printing, adding an additional layer of complexity for manufacturers.
Competitive Landscape
Key Global players
- ePac Holdings, LLC
- Pouch Direct Pty Ltd.
- Amcor plc
- Constantia Flexibles Group GmbH
- Coveris Holdings S.A.
- Mondi plc
- Guala Pack S.p.a.
- Huhtamäki Oyj
APAC Region Players
- Swiss Pac Pvt. Ltd.
- InstaPac Flexibles Limited
- Foshan Rijing Techtronic Packaging Material Co.Ltd.
- MST Packaging Co.Ltd.
- Biopacktech Co.Ltd.
- Guangdong BN Packaging Co.Ltd.etc.
For any Queries Linked with the Report, Ask an Analyst: https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-13802
Market Segmentation
Based on Product Type:
- Flat Pouches
- Three-side Sealed
- Two-side Sealed
- Stand-up Pouches
- Block Bottom
- Side Gusset
- Bottom Gusset
- Spout Pouch
Based on Material:
- Plastic
- Paper
- Bio-plastic
- Metal
Based on End-use:
- Food
- Beverage
- Pharmaceutical
- Personal Care
- Others (Homecare, Chemicals)
Based on the Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube