Future Market Insights (FMI) provides important insights into the pre-made pouch packaging market in a published report titled ‘Pre-made Pouch Packaging Market: Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029’. In terms of revenue, the global Pre-made Pouch Packaging market is projected to expand at a CAGR of over 4% during the forecast period owing to various factors associated with FMI providing exhaustive insights and forecasts in this report .
Pre-made pouches are commonly used for food packaging in addition to packaging of pharmaceuticals, cosmetics and personal care products. As most stand-up pouches are pre-made pouches, the demand for pre-made pouch packaging is expected to grow steadily over the forecast period. Food remains the major end-use industry for prefabricated pouch packaging, while packaging of fruits and vegetables, meat, poultry and seafood, bakery and confectionery, ready-to-eat, dairy and pet food all use prefabricated pouches. Lightweight and portable pouch packaging.
Dominate developed countries, East and South Asia regions to account for a third of global market value in 2019
As a result of geographic analysis of the global pouch packaging material market, it was found that Europe occupies more than a quarter of the global market, and is expected to maintain its position in the global pouch packaging material market going forward. Germany is one of the major markets for the European pre-made pouch packaging market and countries such as Russia and Spain are expected to witness relatively higher growth in their pre-made pouch packaging demand during the forecast period. This can be attributed to the growing demand for packaged food in the region. The region’s prefabricated pouch packaging manufacturers also offer pouches with innovative features such as resealable, easy to open and close. This is expected to arouse consumer interest in products packaged in pre-made pouch packaging solutions.
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Despite being a mature market, North America is expected to show conservative growth opportunities for pre-made pouch packaging over the next few years. Many organized players in the premade pouch packaging industry are based in the United States. Most of these companies are expanding their product lines of pre-made pouch packaging solutions, which is expected to become a highly competitive market in the region as a result. In addition, consumer convenience trends such as resealability, reusability and easy transport are major drivers of increasing demand for pre-made pouch packaging solutions in the region. The United States holds the most prominent share of the North American market, with it being estimated to account for over 85% of the North American pre-made pouch packaging market in 2019.
In 2019, South and East Asia are expected to cumulatively account for nearly a third of the global pre-made pouch packaging market. Among all Asian countries, Japan was one of the early adopters of Pouch due to urbanization and rapidly changing lifestyles. The country currently accounts for about one-fifth of the East Asian pre-made pouch packaging market and is projected to expand 1.6 times its present value by the end of the forecast period. China is also estimated to dominate the pre-made pouch packaging market in Asia due to population growth and consumption of packaged food, accounting for over 70% of the East Asian market.
Key Players Analysis
Key players profiled in the Prefabricated Pouch Packaging Market report include Bemis Company, Inc., Uflex Ltd., Sealed Air Corporation, Mondi Plc, Glenroy, Inc., Sonoco Products Company, Ampac Holdings LLC, and Berry Global. , Inc., Paharpur 3P, Printpack, Inc., Accredo Packaging, Inc., Clifton Packaging Group Ltd., FLAIR Flexible Packaging Corporation, Gualapack SpA, Goglio SpA, Fres-co System USA, Inc., HBC Packaging, Scholle IPN Corporation , Thimonnier SASU, and Genpak Flexible. Several small regional players are expected to significantly contribute to the growth of the global pre-made pouch packaging market over the next decade.
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