As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Foil Pouch Packaging market is expected to grow at a healthy CAGR during the forecast period (2017-2027). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Foil Pouch Packaging Market in the coming 10 years.
The report conducts an in-depth analysis into factors causing the change in consumer behavior and purchasing patterns. It also provides refined sales projections to assist market players in identifying remunerative segments.
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Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Foil Pouch Packaging
With rising environmental concerns and the implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end-use industries.
In accordance to this, numerous packaging companies are shifting their focus of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, the introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, the emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Foil Pouch Packaging market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
Key Foil Pouch Packaging Market Takeaways and Projections
- The U.S. is expected to lead the North America Foil Pouch Packaging market, projecting the fastest growth in the region between 2017 and 2027
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2027.
Report Benefits & Key Questions Answered
- Foil Pouch Packaging Historical Market Analysis: The detailed survey by FMI, examines key factors in the Foil Pouch Packaging market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Foil Pouch Packaging market for the forecast period 2017-2027.
- Foil Pouch Packaging Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Foil Pouch Packaging for the assessment period. As per the study, the demand for Foil Pouch Packaging will grow at a robust CAGR between 2017 and 2027.
- Foil Pouch Packaging Market Trend Analysis: The latest study by FMI on the Foil Pouch Packaging market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Foil Pouch Packaging market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
Protects From Oxygen & Moisture
Oxygen is responsible for accelerating the development of mould and yeast, making it one of the key reasons that food products spoil. By choosing foil bags with high barrier properties, you can create an air-tight seal, keeping your products fresher for longer.
If moisture or water vapor enters the packaging of dry products, it can quickly cause mould to form. This means, by the time your products make it to the supermarket shelf, they could already be unsuitable for use. Using foil bags will enable you to protect your products, consumers and brand reputation.
Applications of Foil packaging
With a number of valuable benefits, foil packaging has proven to be extremely popular in two major industries.
Medical and Pharmaceutical
In the medical and pharmaceutical industry, high-barrier pouches are used to safely store and transport items. From medical samples to pharmaceutical prescriptions, aluminium foil pouch packaging provides an optimum environment for storage and transportation.
Food and Drinks
Regional Overview:
Geographically, the global foil pouch packaging market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).
The demand of foil pouches is directly relational to the growth of food & beverages industry across the world. The growth of the APAC foil packaging market is projected to be relatively high compared to other regions of the globe as a result of increasing preference among the consumers towards suitable and attractive packaging with rise in disposable income.
Also, add-on-factors such as high demand for fresh ready-to-consume food & beverages, also, application of aluminum foil pouches in cosmetics & personal care industry are likely to further drive the foil pouch market in this region during the forecast period. North America and European region especially the Western Europe is a matured market for foil pouches and is thus projected to create significant demand over the forecast period.
Latin America region especially the emerging economies such as Brazil, Mexico, etc. are estimated to witness immense growth opportunities from the on growing food and beverages industry. Overall, Global foil pouch packaging market is expected to grow at a healthy CAGR over the forecast period.
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Key Players:
Some of the key players that operate in global foil pouch packaging market are Amcor limited, Ampac Holdings, LLC, Sealed Air, Mondi Group, Bemis Company, Inc., Sonoco Products Company, Winpak Limited Company, Berry Plastic Group, Inc., Flair Flexible Packaging Corporation, and many more.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Foil Pouch Packaging Market: Segmentation
On the basis of product type:
- Stand-up Pouches
- Spouted Pouches
- Zipper Pouches
- Others
On the basis of material type:
- Aluminum foil pouch
- Silver foil pouch
- Tin foil pouch
- Others
On the basis of end use:
- Food
- Sea food
- Ready-to-eat meals
- Pet food
- Baby food
- Soups & Sauces
- Others
- Beverages
- Cosmetics & Personal care
- Pharmaceutical
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
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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