Overview and Scope
Stand-up pouches refer to flexible packaging that can stand up on its own for display, storage, and use. Stand-up pouches are used to packaged commodities to increase the shelf-life of packaged products providing a barrier against moisture, contaminants, UV rays, and others to safeguard products, transportation, warehousing of products by cutting cost in distribution, convenience in packaging, and other features.
Sizing and Forecast
The stand-up pouches market size has grown strongly in recent years. It will grow from $22.75 billion in 2023 to $24.95 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to consumer preference for resealable packaging, market entry for small and medium enterprises, ease of transportation and handling, reduced environmental impact, barrier protection and product freshness..
The stand-up pouches market size is expected to see rapid growth in the next few years. It will grow to $36.57 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to sustainability and eco-friendly packaging, convenience and on-the-go lifestyles, customization and brand differentiation, rise in single-serve packaging, expansion in food and beverage industry.. Major trends in the forecast period include advancements in manufacturing technology, personal care and cosmetic industry adoption, retail preference for shelf-efficient packaging, innovations in design and functionality..
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Segmentation & Regional Insights
The stand-up pouches market covered in this report is segmented –
1) By Type: Aseptic Stand-up Pouches, Standard Stand-up Pouches, Retort Stand-up Pouches, Hot-filled Stand-up Pouches
2) By Form: Round Bottom, Rollstock, K-style, Plow/Folded Bottom, Flat Bottom, Other Forms
3) By Material: Plastic, Metal/Foil, Paper, Bioplastic
4) By Closure Type: Top Notch, Zipper, Spout
5) By Application: Pet Food, Food And Beverages, Healthcare, Homecare, Personal Care & Cosmetics, Other Applications
North America was the largest region in the stand-up pouches market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the stand-up pouches market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising demand for packaged food and beverage products is driving the growth of the stand-up pouches market. Packaged foods and beverages refer to the permeable or impermeable wrapping of food and beverage items to prevent direct contact of them with the environment and potential contaminants. Stand-up pouches keep packaged food and beverages fresher for a longer period and protect packaged items against moisture, contaminants, UV rays, and other factors, and enhance the shelf life of packaged products. For instance, in March 2022, according to the Australian Bureau of Statistics, an Australia-based independent statutory agency of the Australian Government responsible for statistical collection and analysis, per capita per day consumption of non-alcoholic beverages such as soft drinks and packaged water has increased by 4% and 12% respectively in the year 2021 as compared to last year. Therefore, the rising demand for packaged food and beverage products is expected to propel the growth of the stand-up pouches market going forward.
Key Industry Players
Major companies operating in the stand-up pouches market report are Amcor plc, Berry Global Inc., Mondi plc, Sealed Air Corporation, Smurfit Kappa Group plc, Coveris Advanced Coatings (Holdings) Limited, ProAmpac Intermediate Inc., Huhtamäki Oyj, Sonoco Products Company, Bemis Company Inc., Winpak Ltd., Clondalkin Group Holdings B.V., Uflex Limited, Bischof + Klein SE & Co. KG, Glenroy Inc., Constantia Flexibles International GmbH, InterFlex Group Inc., FLAIR Flexible Packaging Corporation, Hood Packaging Corporation, Swiss Pac USA, Goglio S.p.A., Schur Flexibles Holding GesmbH, Printpack Inc., Gualapack S.p.A., Bryce Corporation, American Packaging Corporation, Astrapak Limited, Duropack Limited, Transcontinental Inc., The Dow Chemical Company
The stand-up pouches market report table of contents includes:
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