20-Oct-2021 | Zion Market Research
Some of key players Medical Education Market are Amcor plc, Sonoco Products Company, Clondalkin Group, Mondi, Winpak Ltd., Huhtamaki Group, Coveris, Glenroy Inc., Smurfit Kappa, ProAmpac, Sealed Air, Hood Packaging Corporation, FLAIR Flexible Packaging Corporation, Bischof+Klein, and Uflex Limited, among others.
According to analysts at Zion Market Research, the global stand-up pouches market accounted for USD 11.16 Billion in 2020 and is expected to reach USD 19.35 Billion by 2028, growing at a CAGR of more than 7.30% from 2021 to 2028.
This review is based on a report by Zion Market Research, titled “Stand-Up Pouches Market By Material (Plastic, Paper, Metal, and Bioplastic), By Type (Standard, Aseptic, Retort, Hot-Filled), By Closure (Tear Notch, Zipper, and Spout), By Application (Food & Beverages, Pet Food, Healthcare, Personal Care & Cosmetics, Homecare, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”
Consumer preference towards stand-up pouches to Spur Growth
It acts as a superior marketing instrument for manufacturers of packaged goods since they offer the competence to individualize goods on retail shelves. Additionally, stand-up pouches have a bigger surface through which graphics can be printed with high-quality in order to attract customers in supermarkets and convenience stores where people usually make fast purchase decisions.
These pouches offers better shipping convenience compared to glass jars, aluminum cans, and rigid bottles due to which they are being widely chosen by various manufacturers of Consumer Packaged Goods (CPG).
Presence of Big Players in the Region Support North America Dominance
Factors including increased demand for packed food like ready-to-eat food, combined with rising popularity of stand-up pouches due to their portability, lightweight, shelf readiness, and smaller material usage compared to packaging products which are rigid is anticipated to increase market growth over the coming years.
Browse the full “Stand-Up Pouches Market By Material (Plastic, Paper, Metal, and Bioplastic), By Type (Standard, Aseptic, Retort, Hot-Filled), By Closure (Tear Notch, Zipper, and Spout), By Application (Food & Beverages, Pet Food, Healthcare, Personal Care & Cosmetics, Homecare, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/stand-up-pouches-market
The global Stand-up Pouches Market is segmented as follows:
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