Stand-up Pouches Market to Witness a Rise of $36.7 billion by 2027 | MarketsandMarkets™

April 10 16:20 2023
Stand-up Pouches Market to Witness a Rise of $36.7 billion by 2027 | MarketsandMarkets™
Browse 294 market data Tables and 43 Figures spread through 234 Pages and in-depth TOC on “Stand-up Pouches Market”
Stand-up Pouches Market by Type (Aseptic, Standard, Retort, Hot-filled), Form (Round Bottom, Rollstock, K-Style, Plow/Folded Bottom, Flat Bottom), Closure Type (Top Notch, Zipper, Spout), Material, Application and Region

The global Stand-up Pouches market is projected to grow from USD 24.8 Billion in 2022 to USD 36.7 Billion by 2027, at a CAGR of 8.1% during the forecast period. Increasing health awareness and rising per capita income have resulted in the rise in demand for packaged food & beverages, which, in turn, drives the demand for stand-up pouches.

The segmentation considered for this report is based on type, form, closure type, material, application, and region that constitute the key markets. The types of stand-up pouches include aseptic, standard, retort, and hot-filled. On the basis of the form, the market has been segmented into rollstock, round bottom, K-style, plow bottom/folded bottom, flat bottom, and others (window pouches and shaped pouches). The material segment comprises plastic, paper, metal/foil, and bioplastic. The market has further been segmented on the basis of application into food & beverages, cosmetics & toiletries, healthcare, and others (oil & lubricants, agricultural products, auto glass wipes, lawn & garden products, and paints). The market is also segmented on the basis of closure type into top notch, spout, and zipper.

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The Stand-up Pouches market is studied for five regions, namely, North America, Asia Pacific, Europe, Middle East & Africa, and South America. Asia Pacific commands the largest share of the total Stand-up Pouches market in terms of volume and value. In Asia Pacific, China, India, and Southeast Asia are expected to witness high growth during the forecast period. The use of stand-up pouches in the region has increased due to various features such as cost-effectiveness, easy availability of raw materials, and the increasing demand for compact packaging solutions from highly populated countries such as India and China.

The major industry players are adopted expansions, joint venture and new product development as growth strategies in the last four years. The leading players in the market are Amcor Plc (Switzerland), Berry Global Inc (US), Mondi (US), Sealed Air (US), Smurfit Kappa (Ireland), Coveris (Austria), ProAmpac (US), Huhtamaki (Finland), Sonoco (US), Constantia Flexibles (Austria), and others.

The companies have initiated the following developments:

  • In June 2021, Amcor launched a specialty multi-chamber pouch for drug-device combination products. The Dual Chamber Pouch has already won a 2021 Award from the Flexible Packaging Association for its technical innovation and material structure.
  • In September 2020, Packaging firm Amcor, in collaboration with Nestlé, has developed what it claims to be the world’s first recyclable flexible retort pouch for consumer products.
  • In March 2022, US-based plastic packaging product manufacturer Berry Global is planning to launch a new food closure that is lightweight and more recyclable. The new closure is said to save weight and reduce material consumption without impacting the overall performance or user convenience.
  • In February 2022, Mondi & Henkel partner to launch fully recyclable mono-material refill pouch for Pril. The two companies worked together on a packaging solution for Henkel’s hand dishwashing products that enables refilling plastic bottles from flexible pouches. This supports Henkel’s sustainability targets of making 100% packaging recyclable or reusable and reducing 50% fossil-based virgin plastic by 2025.
  • In June 2019, US-based flexible packaging solutions provider ProAmpac introduced new ProActive PCR Retort pouches designed for pet and human food packaging.

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