Flat Pouches Market Research Report: Information by Region (Europe, Asia Pacific, North America and South America), Type and Application, Forecast to 2030 (Financial Impact Analysis)
ID : MRU_
94979 | Date :
Jan, 2023 | Pages :
160 | Region : Global |
Publisher : MRU
The Global Flat Pouches Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
Pouches are made of flexible or easy-yielding materials; this helps to change the shape of these pouches easily based on the nature of the product being packaged. Pouches undergo a detailed conversion process such as printing, lamination, coating, and extrusion to develop different types of packaging products. A flat pouch is known as pillow pack, and it has various features such as zippers and slider closures. Flat pouches are gaining popularity in the market as they are lightweight; this helps reduce the transportation cost.
In terms of revenue, the food segment dominates the flat pouches market. The ability of flat pouches to extend the shelf life of condensed milk powder, sugar, and coffee will lead to its increased preference during the forecast period. The increasing use of single-serve concept in the food and beverages packaging industry has enhanced the application of flat pouches. For instance, companies like Café Coffee Day are using sugar sachets and coffee sachets in flat pouches, which can be used as a unit dose. The growing focus towards the preservation of product freshness will boost the usage of flat pouches in the food sectors over the next few years.
The APAC occupied around 32% of the overall market revenue and is anticipated to grow at a rapid growth rate in the coming years. Much of the region\'s growth comes from the rising population and the recent surge in consumption of beverages, which is boosting the demand for flexible packaging products, including flat pouches, especially used for the packaging of milk powder and sugar. Also, several food manufacturing companies in the region prefer flexible packaging over rigid packaging because of its cost-effectiveness.
As the report focuses on global Flat Pouches Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
This report focuses on Flat Pouches volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Flat Pouches market size by analysing historical data and future prospect.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Amcor
Bemis
Sealed Air
Sonoco
The Vacuum Pouch
AK Products
Associated Bag
Bison Bags
Constantia Flexibles
InterPlas.com
Montage
Pouch Dynamics
Swisspac
Tyler Packaging
Universal Plastic Bags In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Flexible Packaging Flat Pouches
Rigid Packaging Flat Pouches In Market segmentation by applications :
Food
Pharmaceuticals
Consumer Goods
Other
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Flat Pouches Market for the forecast period 2023 - 2030?
• What are the driving forces in the Flat Pouches Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Flat Pouches industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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