Squeeze pouches are cutting-edge and practical packaging options that have completely changed the food and beverage sector. These pouches, which can store liquid, semi-liquid, or pureed goods, are often composed of flexible and lightweight materials like plastic or aluminium foil.
The desire for handy, on-the-go packaging solutions is likely to cause a major increase in the global squeeze pouch market over the next several years. By material type, closure type, capacity, and end-use industry, the market is divided into segments.
By 2023’s end, the squeeze pouches market will be worth US$ 73 billion, representing a spectacular double-digit CAGR of 4% from 2023 to 2033. It is projected that the market will be worth US$ 108.1 billion by the conclusion of the projection period mentioned. The following reasons explain the market’s expansion:
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The material type segment includes plastic, aluminum foil, and paper. Plastic squeeze pouches are the most commonly used, owing to their lightweight and flexible nature. Aluminum foil squeeze pouches are preferred for their high barrier properties, which provide protection against moisture, oxygen, and light. Paper squeeze pouches are gaining popularity due to their eco-friendliness and biodegradability.
The closure type segment includes screw caps, flip caps, twist caps, and others. Screw caps are the most commonly used type of closure, as they provide an airtight seal and prevent leakage. Flip caps are gaining popularity due to their ease of use and convenience.
The end-use industry segment includes food and beverage, healthcare, and others. The food and beverage industry is the largest end-use industry for squeeze pouches, driven by the growing demand for convenient, on-the-go packaging solutions for snacks, sauces, and drinks. The healthcare industry is also a significant end-use industry, with squeeze pouches being used for the packaging of medicines and other healthcare products.
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In conclusion, the squeeze pouch market is a rapidly growing market with huge potential for innovation and growth. With the increasing demand for convenient and eco-friendly packaging solutions, squeeze pouches are set to become even more popular in the years to come.
Global Squeeze Pouch Market – Key Players
A few of the key players in the squeeze pouch market Amcor Plc, Mondi Group Plc, Sonoco Product Company, Berry Global Group, Inc., Sealed Air Corp, ProAmpac LLC, Glenroy, Inc., Coveris Holdings S.A., Tyler Packaging Ltd, Huhtamaki Oyj, Smurfit Kappa Group PLC, Impak Corporation, Foster Packaging International, Paharpur 3P, etc.
The report on squeeze pouch market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. Squeeze pouch market also maps the qualitative impact of various market factors on market segments and geographies.
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Global Squeeze Pouch Market – Segmentation
The global squeeze pouch market is segmented by material type, technology, product type, capacity and end use. The pricing for squeeze pouch has being done based on product type segment in US$ million, and the volume is considered in units.
On the basis of material type, the global squeeze pouch market is segmented into:
- Plastic
- Polyvinyl Chloride (PVC)
- Polyethylene (PE)
- Linear Low Density Polyethylene (LLDPE)
- High Density Polyethylene (HDPE)
- Low Density Polyethylene (LDPE)
- Polyethylene Terephthalate (PET)
- Polyamide (PA)
- Ethylene Vinyl Alcohol (EVOH)
- Other Plastic Material
- Paper
- Metal
- Others
On the basis of technology, the global squeeze pouch market is segmented into:
- Retort
- Aseptic
- Hot Filled
- Standard
On the basis of product type, the global squeeze pouch market is segmented into:
- K-seal
- Flat Bottom
- Folded Bottom
- Corner Bottom
- Round Bottom
On the basis of capacity, the global squeeze pouch market is segmented into:
- Up to 100 ml
- 101 ml to 200 ml
- 201 ml to 500 ml
- More than 500 ml
On the basis of end use, the global squeeze pouch market is segmented into:
- Food
- Baby Food
- Sauces, Dips, and Condiments
- Ready-to-eat Food
- Other Food Items
- Beverages
- Alcoholic
- Non – Alcoholic
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