New York, United States, Jan. 16, 2024 (GLOBE NEWSWIRE) -- The Global Stand-Up Pouches Market Size to Grow from USD 25.2 Billion in 2022 to USD 44.7 Billion by 2032, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period.
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Stand-up pouches can be used for the packaging of food, beverages, pet food, and non-food products. Because they come in various sizes and styles, they can be used for a variety of purposes. The stand-up style makes storing and exhibiting it more convenient. The pouches are aesthetically pleasing and practical for retailers and customers due to their lightweight design and capacity to stand on shelves. Superior barrier properties of stand-up pouches often protect contents from air, light, and moisture. This keeps perishable foods fresher longer and extends their shelf life. In comparison to traditional packaging options such as rigid containers, stand-up pouches may be less expensive. They use less material, weigh less, and require less energy to make. The need is fueled by the need for innovative and practical packaging solutions.
Browse key industry insights spread across 200 pages with 110 market data tables and figures & charts from the report on the "Global Stand-Up Pouches Market Size By Materials (Plastic, Paper, Metal), By Type (Standard, Aseptic, Retort), By Closure (Tear Notch, Zipper, Spout), By Application (Food & Beverages, Pet Food, Healthcare), By Region, And Segment Forecasts, By Geographic Scope And Forecast 2022 - 2032".
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Stand-Up Pouches Market Value Chain Analysis
Stand-up pouches are commonly made from a variety of polymers, such as polyester, polypropylene, and polyethylene. These polymers are supplied to packaging manufacturers by raw material suppliers. Printing ink and adhesive vendors supply materials for branding and customizing stand-up pouches. Experts in flexible packaging create stand-up pouches. This includes printing designs, integrating closing systems, and laminating layers. With features like resealable zippers or spouts, manufacturers of these closure systems add to the overall functioning of the bag for stand-up pouches. Companies that specialize in contract packaging or co-packing fill stand-up pouches with food, beverages, pet food, and other products. Companies own the trademarks and goods that are wrapped in stand-up pouches, and they have a big say in the layout and features of the packaging.
Stand-Up Pouches Market Opportunity Analysis
The increasing need for sustainable packaging solutions presents potential for innovation in eco-friendly stand-up pouches. Businesses may consider recyclable, biodegradable, and environmentally friendly materials when making pouches. Stand-up pouches offer a space for distinctive and creative branding. Companies can benefit from this by creating visually appealing designs that will boost consumer engagement and brand recognition by utilizing cutting-edge printing technology, which includes unique shapes. Stand-up pouch manufacturers now have the opportunity to design packaging that meets the needs of online shopping thanks to the expansion of e-commerce. Considerations include easy-to-operate opening and shutting mechanisms, space efficiency, and durability in transportation. Stand-up pouches are versatile and fit a variety of products effectively.
Growing consumer awareness of and concern for environmental sustainability has resulted in a significant shift in the market's desire for eco-friendly packaging solutions. Stand-up pouch producers have an opportunity to develop and promote eco-friendly products, such as pouches made of recyclable or biodegradable materials. Because consumers like to consume products while on the go and lead busy lives, convenient packaging options have grown in popularity. Because of their lightweight and user-friendly form, stand-up pouches are a popular choice for snacks, drinks, and other portable products. This design perfectly fits the desire for convenience. The increasing focus on health and wellbeing has led consumers to seek out products they perceive to be fresher and healthier. Consumers are drawn to packaging that is visually appealing and lovely. These days, design and branding play a big role in consumer decision-making. Stand-up pouches give companies the opportunity to create packaging that draws in customers by offering a blank canvas for eye-catching patterns and customized branding.
Finding a balance between sustainability and the need for barrier attributes can be challenging. Stand-up pouches are made of a variety of multi-layered materials that can be difficult to recycle. It can be challenging for manufacturers of stand-up pouches to comply with a range of changing regulatory standards, especially when it comes to food safety and contact materials. Informing clients about the viability of stand-up pouches for recycling or appropriate disposal techniques can be challenging, especially in light of the global variations in recycling infrastructure. Customers may become wary of or reluctant to utilize stand-up pouches due to misinformation or ignorance, which could impede the market's growth.
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North America Market Statistics
North America is anticipated to dominate the Stand-Up Pouches Market from 2023 to 2032. The rise in popularity of stand-up pouches in the area can be attributed to the need for adaptable and practical packaging options. Stand-up pouch adoption is being driven by consumer demand for portable products, growing e-commerce, and heightened awareness of sustainability. In order to meet the ideals of its customers, stand-up pouch producers in North America are investigating sustainable materials and providing recyclable or compostable pouch choices. North Americans' fast-paced lifestyles fuel the need for portable and easy-to-use packaging solutions. A significant portion of North America's demand for stand-up pouches comes from the food and beverage sector. Packaging specifications have changed as a result of North America's e-commerce boom, with an emphasis on ease and longevity for online retailers.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major Players in the Global Stand-Up Pouches Market Includes Amcor plc, Sonoco Products Company, ProAmpac, Mondi, Clondalkin Group, Winpak Ltd., Coveris, Huhtamaki Group Sealed Air, Glenroy Inc., Smurfit Kappa, Bischof+Klein, Hood Packaging Corporation, Uflex Limited, FLAIR Flexible Packaging Corporation and Other Key Vendors.
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Recent Market Developments
- On March 2021, Amcor and Alliance are collaborating to eliminate plastic waste in order to enhance the infrastructure for waste management and recycling.
Market Segmentation
This study forecasts revenue at global, regional, and country levels from 2023 to 2032.
Stand-Up Pouches Market, Material Analysis
- Plastic
- Paper
- Metal
Stand-Up Pouches Market, Type Analysis
- Standard
- Aseptic
- Retort
Stand-Up Pouches Market, Closure Analysis
- Tear Notch
- Zipper
- Spout
Stand-Up Pouches Market, Application Analysis
- Food & Beverages
- Pet Food
- Healthcare
Stand-Up Pouches Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
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