Title: High-Barrier Pouches Market Size 2021- Growth Drivers, Top Key Players, Industry Segments and Forecast to 2024
1 High-Barrier Pouches Market 2021 Current and
Future Trends with Complete Analysis, Forecast By
2024
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2Global Market Scenario of High-Barrier Pouches
Industry
- In the latest research report compiled by Global
Market Insights Inc., high-barrier pouches market
size has been projected to surpass US2.5bn by
2024. - Flexible packaging films such as high-barrier
pouches market have become ubiquitous for they
boost shelf-life and keep the products integrity
intact. High-barrier films are being highly
sought-after for they help to prevent contact
with carbon dioxide, oxygen and moisture and at
the same time blocking UV light. - Demand for high-barrier packaging materials have
become more pronounced in food beverage,
pharmaceutical, home care personal care and pet
food application portfolios. - Trends Standup pouches
- Standup pouches have become a trendy packaging
film to outperform traditional packaging on the
heels of upsides such as energy savings,
lightweight packaging, better shelf, reduced
retort time and durability.
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3Continue-
- Fueling the trend is the innate ability of
standup pouch to build better brand awareness
providing more space for high resolution graphics
to woo customers. Several leading companies are
streamlining packaging solution with appealing
features such as press-to-close zipper, thereby
adding value to the product. - Some of the other notable factors that are
spurring the trend are technology improvements,
including reduced heating times and faster
machinery speeds in retort applications. Standup
pouches are here to stay and will be setting the
trend across end-markets. - Growth drivers stemming from packaging foods
- Expanding traction for packaging foods among Gen
Z and millennial population is likely to drive
the growth of high barrier pouches industry.
High-barrier films have become a cost-effective
way to package the products, while boosting the
shelf-life at the same time. - Inclination for flexible packaging in food and
beverage application is likely to be more
noticeable in the next five years, with demand
for baby food, dried food, snacks, and dairy
products likely to surge.
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5360 Industry Analysis
- Opportunities in North America and APAC
- Stakeholders perceive North America high-barrier
pouches market as a happy hunting ground as
developed countries such as the U.S. witnesses
increased traction for standup pouches. It is
worth noting that food packaging and pet food
application will gain momentum in the region. - Stakeholders are also likely to infuse
investments in APAC with emerging economies such
as India, Japan, Vietnam, and China witnessing
strong demand for packaging food. Notably, retort
packaging will exhibit compelling demand as
frozen and canned product will gain traction in
these countries. - With improved mechanical, chemical and physical
attributes, high barrier pouches will continue to
gain momentum across the globe, MEA and Europe
will also be replete with investment as
palpability for pharmaceutical and personal care
products continues to soar in these regions. -
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6- Competitive Analysis
- Challenge Environmental issue
- Even though high barrier pouches market business
outlook looks robust, there are some of the
potential challenges such as environmental
concerns and decomposing issues. - Forward-looking companies are likely to infuse
funds in food and beverage with trend for
flexible packaging likely to be witnessed across
the world. High-barrier films are expected to go
mainstream on a global scale in the coming years.
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7Latest Research Report On High-Barrier Pouches
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