The global pouch market is anticipated to develop significantly over the next several years, with Future Market Insights estimating that it is anticipated to reach US$ 74.4 billion in 2024 and rise at a CAGR of 3.0% from 2024 to 2034 when it is likely to surpass US$ 102.1 billion. Numerous variables, such as the affordability and practicality of pouches, the rising demand for food cartons and packaged beverages, and the expanding popularity of packaged products, drinks, and ready-to-eat meals, are all responsible for the market expansion.
One of the main drivers of the pouch market’s growth is the rising demand for affordable and easy-to-use packaging solutions. With changing lifestyle preferences, people are increasingly seeking portable snacks and convenient meals, which has led to a surge in the demand for pouches. Advancements in food technology have further propelled zipper pouches market trend.
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Moreover, pouches are highly sought after due to their compact design, lightweight nature, and reduced transportation costs, making them ideal for businesses looking to optimize their logistics and supply chain operations while minimizing expenses. Ultimately, the demand for pouches has increased across various industries, including food and beverage, pharmaceuticals, and personal care.
Another trend driving the growth of the pouch market is the increasing need for practical closures, such as zippers, rip notches, and spouts. These closures make pouches more convenient to use and transport, drawing in more shoppers and propelling the global pouch market’s expansion. Despite the global pandemic and war crisis disrupting global pouch packaging sales and reducing manufacturing, the increasing demand for medical supplies is expected to influence the global pouch market further in the forthcoming decade. Additionally, changes in lifestyle and food processing methods have led to a notable rise in the global packaged food industry, which is predicted to support the expansion of the pouch market.
“The growing need for food cartons and packaged drinks, along with their affordability and convenience, is propelling the expansion of the pouch industry. The market is driven by developments in food technology, shifting lifestyle tastes, and pouch convenience. The need for functional fasteners like zippers and tear notches has also fueled the expansion. The rising need for medical supplies, lifestyle changes, and food processing are predicted to sustain the pouch market’s growth even in the face of the pandemic and war catastrophe.” Says Lead Analyst at Future Market Insights
Key Takeaways from the Pouches Market
- The United States pouch industry is projected to experience a CAGR of 1.8% through 2034.
- Spanish pouch market is expected to demonstrate a CAGR of 2.1% through 2034.
- The pouch industry in the United Kingdom is anticipated to see a CAGR of 1.6% through 2034.
- The Indian pouch sector is expected to showcase a CAGR of 6.1% through 2034.
- The pouch market in China is expected to display a CAGR of 4.7% through 2034.
Competitive Landscape of the Pouch Market
Manufacturers, suppliers, and brand owners who drive innovation, competitiveness, and market trends shape the global pouch industry. The market players invest heavily in research and development to create new pouch designs, materials, and technologies that cater to changing consumer needs. Strategic partnerships with retailers, e-commerce platforms, and packaging converters expand the global pouch market reach. Acquisitions and mergers help businesses reach a wider audience.
Market players also promote sustainability by adopting eco-friendly materials and optimizing packaging design. Branding and marketing methods help build value, differentiate products, and increase customer knowledge, loyalty, and brand equity. These market players are crucial in fostering innovation, expanding the market, advancing sustainability, and influencing customer views, as their decisions significantly impact the industry’s growth.
Recent Developments in the Pouch Market
- Flexible packaging manufacturer ProAmpac unveiled ProActive PCR retort pouches in November 2023 as a greener substitute for traditional retort choices. As a component of ProAmpac’s ProActive Sustainability platform, these pouches include up to 30% post-consumer recycled material to assist companies in reaching their circular economy objectives.
- Leading potato and onion producer in Australia, Mitolo Family Farms, collaborated with Coles and Detpak in June 2023 to develop Australia’s first curbside recyclable paper pouch for fresh potatoes, which has a 64% lower plastic content than prior packaging.
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Key Segments
By Material:
- Plastic
- PE
- PP
- PET
- PVC
- EVOH
- Other Plastics
- Aluminum Foil
By Capacity:
- Less Than 200 Grms
- 201 to 500 Grms
- 501 to 1000 Grms
- Above 1000 Grms
By Pouch Type:
- Stand Up Pouches
- Flat Pouches
- Gusset Pouches
- Spout Pouches
By End Use:
- Food
- Spices and Condiments
- Pet Food
- Dairy Products
- Tea and Coffee
- Edible Oil
- Snacks
- Food Grains and Pulses
- Baby Food
- Beverages
- Personal Care and Cosmetics
- Shampoo and Conditioners
- Hair Oil
- Skin Care Products
- Pharmaceuticals
- Creams and Ointments
- Probiotics
- Vitamin Supplements
- Other Industrial
- Sealants and Adhesives
- Lubricants and Solvents
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights Inc. (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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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