The rice paper stand up pouch market is estimated to reach a value of US$ 153.40 million in 2024. With these trends gaining traction and becoming more widely adopted, sales of rice paper stand up pouches have the potential to reach a significant valuation of US$ 257.20 million by 2034. This represents a steady compound annual growth rate (CAGR) of 5.30% from 2024 to 2034.
Key Takeaways from Rice Paper Stand Up Pouch Market
- North America holds the largest market share due to rising demand for rice paper stand up pouches from food sector. Plus, eco-friendliness is the point taken into consideration by the end-consumers.
- Europe holds the second largest market share on the similar grounds and the status quo is expected to remain the same even going forward.
- The Asia-Pacific is expected to witness an exponentiation in rice paper stand up pouch market in the near future due to e-Commerce flourishing.
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Competitive Pouches
- ProAmpac, in September 2021, did launch QUADFLEX (recyclable flat bottom pouch technology); which comes across as one of the sustainable alternatives to multi-material laminates. It is being made available in the form of ‘pinched bottom stand up pouch’.
- Westlab entered into partnership with ProAmpac in March 2021 with the objective of delivering a new, recyclable pouch for ‘Bath Salts’’.
- Amcor Plc, in March 2021, entered into partnership with ‘Mars Food’ to design microwaveable rice pouches. This kind of innovation makes use of the former’s AmLite HeatFlex technology.
- FLAIR Flexible Packaging Corporation, in February 2020, did table tactile packaging and real touch packaging innovation to address recyclable stand-up pouches and various other formats for non-food as well as food applications for enhancing shelf appeal.
- FLAIR Flexible Packaging Corporation, in November 2018, did put forth recyclable multi-layer laminated pouches. They have been approved by SPC’s (Sustainable Packaging Coalition’s) How2Recycle’®s Store Drop-Off label program.
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The Key Players Are-
- Amcor Ltd
- Sealed Air Corporation
- Berry Global Group
- Winkpak Group
- Uflex Ltd.
Key Segments
By Material:
- Kraft Paper Rice Stand Up Pouch
- PE
- PP
- PET
- Other Material
By Design:
- Round Bottom/Doyen
- K-Seal
- Plow Bottom/Corner Bottom
- Flat Bottom
By Thickness:
- Below 4 oz
- From 4 oz-8 oz
- From 8 oz-16 oz
- Above 16 oz
By End Use Applications:
- Food Applications
- Sauces, Dips and Condiments
- Ready-to-eat Food
- Baby Food
- Pet Food
- Frozen and Chilled Food/Dried Fruit
- Agriculture
- Tobacco Packaging
- Homecare
- Personal Care and Cosmetics
- Other End Use Applications
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Japan
- 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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