October 20, 2021

Stand-up Pouches Market to Grow at a CAGR of 7.1% by 2027

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The market for stand-up pouches is expected to grow at a CAGR of around 7.1% during the forecast period 2020 to 2027. This research report evaluates the stand-up pouches market on a global and regional level. It offers a thorough analysis of the market revenue status, growth, future trends, and forecast of the global stand-up pouches market for the period from 2016 to 2027.

The report provides the overall revenue of the global stand-up pouches market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year. The study includes drivers and restraints of the global stand-up pouches market. The main goal of this research study is to offer a clear picture and a better understanding of the market to the manufacturers, traders, and suppliers operational in it. The readers can gain a deep insight into this market from this piece of information that can enable them to convey and develop critical approaches for the further growth of their businesses.

Market Estimations:

Market Was Valued In 2019: US$ 10.69 Billion

Market Is Projected To Grow By 2027: US$ 18.50 Billion

Compound Annual Growth Rate (CAGR): 7.1 percent

Stand-up pouch is a flexible type of packaging format that can stand upright on its bottom for the purpose of display, storage, and use. These pouches provide significant advantages in terms of shipping convenience when compared with rigid bottles, glass jars, and aluminum cans because of which they are largely preferred by various Consumer Packaged Goods (CPG) manufacturers.

In addition, stand-up pouches provide several advantages in terms of better aesthetic appeal together numerous value-added features that include spouts, zippers or sliders, and tear notches, among others that offer superior functionality and convenience. Furthermore, these pouches utilize lesser amount of raw material while manufacturing, are lighter in weight, and thus require low transportation and shipping costs compared to other rigid packaging formats for example glass bottles and metal cans, among others.

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Report Highlights

  • The Asia-Pacific estimated to be the most lucrative region during the forecast period due to rising impact of western culture, and rising demand for convenient packaging
  • North America projected to exhibit a CAGR of more than 6% during the upcoming period because of significant demand for packaged food along with rising popularity of stand-up pouches over the rigid packaging
  • The standard type segment led the global stand-up pouches market in 2019 and expected to maintain its dominance over the analysis period
  • Aseptic type stand-up pouches projected to exhibit the highest growth rate during the upcoming years due to its increasing application in thermally sterilized products
  • Plastic materials captured the maximum value share in 2019 owing to its significant application in manufacturing laminates and films that are used for manufacturing stand-up pouches
  • The bioplastics material likely to project the fastest growth rate compared to other materials owing to increasing environmental concerns in account of rising plastic waste
  • The food & beverages application segment dominated the global market in 2019 and expected to continue the same trend over the coming years
  • The personal care & cosmetics application encountered a growth rate of around 7.5% over the analysis period because of increasing awareness related to personal grooming

Growth Factors

Handling problems with rigid packaging products along with their high cost of transportation because of their weight are the key factors that propel the growth of flexible packaging over rigid packaging such as stand-up pouches in the coming years. Furthermore, low prices of flexible packaging materials over rigid packaging likely to boost the demand of stand-up pouches.

Moreover, stand-up pouches act as a superior marketing tool for manufacturers of packaged goods as they offer product differentiation over others on the retail shelve. In addition, these stand-up pouches have a larger surface that offers significant printable space for high-quality graphics with a view to attract more customers especially in supermarkets and convenience stores where people make quicker purchasing decisions.

Growth Factors

Handling problems with rigid packaging products along with their high cost of transportation because of their weight are the key factors that propel the growth of flexible packaging over rigid packaging such as stand-up pouches in the coming years. Furthermore, low prices of flexible packaging materials over rigid packaging likely to boost the demand of stand-up pouches.

Moreover, stand-up pouches act as a superior marketing tool for manufacturers of packaged goods as they offer product differentiation over others on the retail shelve. In addition, these stand-up pouches have a larger surface that offers significant printable space for high-quality graphics with a view to attract more customers especially in supermarkets and convenience stores where people make quicker purchasing decisions.

Some of the prominent players in the stand-up pouches market include:

  • Sonoco Products Company
  • Amcor plc
  • ProAmpac
  • Mondi
  • Clondalkin Group
  • Coveris
  • Huhtamaki Group
  • Winpak Ltd.
  • Smurfit Kappa
  • Sealed Air
  • Bischof+Klein
  • FLAIR Flexible Packaging Corporation
  • Glenroy, Inc.
  • Hood Packaging Corporation
  • Uflex Limited

COVID-19 Impact:

The industrial report mentions the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The stand-up pouches report proficiently explains the resulting factors and concerns of manufacturers. Researchers have also well-explained how the producers and providers will tackle the ongoing epidemic and the key strategies to be adopted post-pandemic for turning their businesses back to normal.

Regional Snapshots

The Asia Pacific encountered the fastest growth rate over the analysis period owing to rapid switch in consumer preference towards lighter material along with environment-friendly packaging type. In the wake of same, regional government is also promoting the eco-friendly products and issued stringent laws on the usage of non-degradable products. Rising awareness among consumers related to bio-friendly products expected to propel the growth of the region.

On the other side, North America is other most important market for stand-up pouches. The U.S. is the largest shareholder in the North America market. The plastic material is the most preferred material in the U.S. market and expected to the same trend over the analysis period. However, increasing focus on sustainability along with government restriction on the usage of plastic materials likely to boost the demand of bioplastic materials over the coming years.

Segments Covered in the Report

This research study comprises complete assessment of the market by means of far-reaching qualitative and quantitative perceptions, and predictions regarding the market. This report delivers classification of marketplace into impending and niche sectors. Further, this research study calculates market size and its development drift at global, regional, and country from 2016 to 2027. This report contains market breakdown and its revenue estimation by classifying iton the basis of type, material, closure, application, and region:

By Type

  • Standard
  • Retort
  • Aseptic
  • Hot-filled

By Material

  • Paper
  • Plastic
  • Bioplastic
  • Metal

By Closure

  • Zipper
  • Tear Notch
  • Spout

By Application

  • Pet Food
  • Food & Beverages
  • Healthcare
  • Homecare
  • Personal Care & Cosmetics
  • Others

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Why should you invest in this report?

If you are aiming to enter the global stand-up pouches market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for stand-up pouches are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Continued…

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