Spouted pouch packaging is the fastest growing segment with CAGR over 6% up to 2024. - PowerPoint PPT Presentation

Loading...

PPT – Spouted pouch packaging is the fastest growing segment with CAGR over 6% up to 2024. PowerPoint presentation | free to download - id: 887333-NWJlY



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

Spouted pouch packaging is the fastest growing segment with CAGR over 6% up to 2024.

Description:

Polyethylene high-barrier pouches market accounted for more than 25% of overall industry share in 2016. Excellent water and chemical resistance along with tensile strength provides positive outlook for product penetration. Rising demand from homecare, personal care and industrial applications will propel the industry demand. – PowerPoint PPT presentation

Number of Views:8

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Spouted pouch packaging is the fastest growing segment with CAGR over 6% up to 2024.


1
High-Barrier Pouches Market To Exceed 650 kilo
tons by 2024
2
Global Market Scenario of High-Barrier Pouches
Industry
  • High-Barrier Pouches Market size is estimated to
    exceed USD 2.5 billion by 2024 according to a
    new research report by Global Market Insights,
    Inc.
  • Spouted pouch packaging is the fastest growing
    segment with CAGR over 6 up to 2024. Ease in
    handling, mess free food consumption along with
    ready to pour are the key driving factors of
    industry growth.
  • Growing consumption of packed and retort food due
    to shifting trend towards nuclear families will
    drive high barrier pouches market growth. As per
    analysis, global packaged food industry reached
    USD 2.6 trillion in 2016.
  • Shift in manufacturer focus towards packaging as
    promoting tool rather than protective package has
    enhanced high-barrier pouches market size.
    Innovations in packaging design to delight
    customers without harming basic purpose of
    packaging are key supporting factors of industry
    growth.

3
Continue-
  • Changing lifestyle and increasing disposable
    income particularly in developing countries will
    support industry growth. Technological
    advancements in product design to prevent loss of
    moisture and retain product freshness are major
    factors fueling product demand. Reduced packaging
    material usage along with low storage and
    handling cost will drive high barrier pouches
    market.
  • Rising consumption of packaged beverages
    particularly among millennials is among major
    factors driving industry demand. Increasing
    product adoption in pharmaceuticals, personal
    care homecare, and pet food industry will
    propel the product demand. Moreover, product
    innovations in add-ons including fitments,
    spouts, zippers and slider will drive the
    business growth.
  • Regulatory compliance along with emergence of
    food grade materials has enhanced the
    high-barrier pouches demand. However, stringent
    regulations on emissions along with increasing
    concerns on plastic wastes may hamper industry
    growth.

4

Request for sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
1877
5

Latest Research Report On High-Barrier Pouches
Market_at_ https//www.gminsights.com/industry-analys
is/high-barrier-pouches-market Inquire
Before Buying This Report_at_ https//www.gminsights.
com/inquiry-before-buying/1877
6
360 Analysis-
Request for customization https//www.gminsights.
com/roc/1877
  • Standup pouches will value over USD 1 billion by
    2024. Convenience in storage transportation,
    enhanced shelf appearance, easy to carry and
    improved protection of package content are the
    key factors driving product demand. Excellent
    resistance against gases and water vapor has
    stimulated product scope in several applications
    including pet food, industrial, food and
    beverages.
  • Polyethylene high barrier pouches market
    accounted for more than 25 of overall industry
    share in 2016. Excellent water and chemical
    resistance along with tensile strength provides
    positive outlook for product penetration. Rising
    demand from homecare, personal care and
    industrial applications will propel the industry
    demand.
  • Industrial application will observe gains over 5
    up to 2024. Increasing penetration of standup and
    spouted packaging for paints, coatings,
    lubricants and oils will drive industry growth.
  • Five-layer accounted for over 55 of total
    industry share in 2016. Growing adoption of
    protective additives including EVOH, SiOx and
    AlOx to improve the packaging strength will fuel
    industry growth. Necessity for protection against
    stains, solvents and UV rays have enhanced the
    demand for multilayer packaging.


7
  • Competitive Analysis
  • Europe will worth over USD 1 billion by 2024.
    Changing income trends along with improving
    standard of living will propel business growth.
    Strong outlook in pharmaceutical sector has
    enhanced product penetration owing to its heat
    resistance, acid resistance and greater shelf
    life properties.
  • North America high barrier pouches market revenue
    will witness gains over 6.5 up to 2024. Shifting
    consumer preference towards liquid diet due to
    increasing health consciousness will drive
    regional demand.
  • Global high barrier pouches market is fragmented
    due to presence of limited industry players. Some
    of the key players are Amcor, American Pouch,
    Bemis, Vacuum Pouch Company, Hood Packaging,
    Sonoco, Elliot Packaging and Essentra PLC.
    Strengthening product portfolio, distribution
    channel and product innovations are major
    strategies adopted.

Browse Related Report Flexible Packaging
Market_at_ https//www.gminsights.com/industry-analys
is/flexible-packaging-market
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
About PowerShow.com