Pouch Market Surging: Envisioned to Reach a Striking US$ 84.6 Billion by 2032 | FMI

Pouch Market

According to the most recent study, the global pouch market is anticipated to experience a compound annual growth rate (CAGR) of 5.3% over the forecast period from 2022 to 2032, with pouch sales expected to climb from US$ 50.5 billion in 2022 to US$ 84.6 billion by 2032.

The global pouch market is projected to expand due to rising demand for packaged foods and the cost-effectiveness of pouches. Furthermore, factors such as aesthetic appeal and increased demand from end-users will contribute to the growth in the market over the forecast period.

The Asia Pacific pouch market has demonstrated remarkable growth in terms of value from 2015 to 2022, establishing itself as the fastest-growing segment in the packaging industry. This trend is primarily driven by the increasing demand for pouches in populous countries such as India and China, reflecting the immense growth potential of the Asia Pacific pouch market.

Pouch packaging offers a combination of cost savings and an attractive aesthetic appearance for products, making it an appealing choice for both consumers and manufacturers. Moreover, the versatility of pouches has led to their widespread adoption across various industries, including food and beverages, personal care, home care, chemicals, and agriculture. This diversification in pouch usage further propels the demand for pouches in the Asia Pacific region.

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As consumer preferences for convenient and eco-friendly packaging solutions continue to evolve, the Asia Pacific pouch market is expected to maintain its growth trajectory, capitalizing on the advantages of pouch packaging across a wide array of industries.

Pouches use less material in their production, making them less costly than rigid packaging formats. Furthermore, due to their light weight and flexibility, CPG companies are gradually choosing pouches over rigid packaging products like composite cans, containers, boxes, etc. to reduce shipping costs.

Flat pouches take up less room in retail stores and can be readily stacked on top of one another, allowing for more product display than other packaging styles. Furthermore, consumers find stand-up pouches on retail shelves more appealing, and the packaging format offers a larger surface area on which high-quality graphics may be printed, resulting in the product type grabbing customer attention in retail outlets more easily than bottles and boxes.

Key Takeaways from Pouch Market

· In terms of material, the metal/foil segment is expected to dominate the global market over the forecast period.

· Based on product type, the stand-up pouches will account for 85% of demand share in the forecast period, growing at a CAGR of 6.1%

· Asia Pacific pouch market is to hold about 24% of the global market share during the forecast period.

· South Asia is anticipated to be the most attractive region for the pouch market during the forecast period owing to the growing food and beverages industry in India and China.

“To enhance convenience and streamlined e-Commerce operations, an increasing number of food and beverage firms are resorting to flexible packaging. This is driving the demand for pouch packaging solutions”–comments FMI Analyst

Pouch Market Landscape

  • Amcor,
  • Smurfit Kappa Group,
  • Sonoco Company Ltd.,
  • Mondi Plc,
  • Sealed Air,
  • Huhtamaki Oyj,
  • Constantia Flexibles,
  • Coveries,
  • Clondalkin Group,
  • Goglio Spa,
  • Wipf Holding AG,
  • KOROZO,
  • Proampac,
  • Gualapack S.p.A.,
  • Daklapack Group.

Sales of Pouch Packaging in the Food & Beverage Sector to Drive the Demand

The beverages sector is poised for the fastest Compound Annual Growth Rate (CAGR) during the forecast period, primarily propelled by the increasing adoption of pouches for alcohol packaging. Despite this, in terms of value, the food segment secured the largest market share in 2021, highlighting the enduring preference for pouches as a versatile and lightweight packaging solution for food products. Pouches not only offer malleability and reduced weight but also serve as a protective barrier against contamination, making them the favored choice for food packaging. The beverage segment is expected to maintain a significant market share, driven by the appealing attributes of pouches in safeguarding against contamination hazards and their visually appealing appearance.

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Pouch Market by Category

By Material:

  • Plastic
  • Metal/Foil
  • Paper

By Product:

  • Stand up
  • Flat Pouch
  • Rollstock

By End Use:

  • Food & Beverages
  • Pharmaceuticals
  • Cosmetic & Personal Care
  • Consumer Electronics
  • Homecare
  • Automotive
  • Chemicals

By Region:

  • North America
  • Latin America
  • Europe
  • Middle east and Africa
  • East Asia
  • South Asia
  • Oceania

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.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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