Summary

Stand Up Pouches Market by Material (Plastic, Metal, Paper, and Others), by Type (Aseptic, Standard, and Retort), by Application (Food & Beverage, Healthcare, Personal Care, and Others) and by Region — Global Forecast till 2022

Stand Up Pouches Market Overview

The global Stand Up Pouches Market is marked to exhibit notable expansion at a CAGR of 7% during the forecast period of 2022

Stand-up pouches are coated film bags, usually made of plastic or a combination of aluminum and plastic film. Stand-up pouches need less packaging material and consume less space in comparison to other conventional packaging methods such as boxes or cartons. They can also be preserved steadily on shelves which assist the product visibility. Stand-up pouches comprise a wide gamut of attributes such as spouts & fitments, zippers, pour spouts, release valves, and slider closures. Stand-up packaging saves the goods from odor, vapor, pests, and moisture. Stand-up packages are completely custom-made for marketing purposes, on account of their product display framework. Stand-up pouches find wide application in single-serve beverages, cookies, processed foods, breakfast cereals, snacks, pet treats & pet foods, confectionery items, coupled with a large variety of other value added applications of the product. Renowned companies are looking for ways to launch their goods in the market with the assistance of stagnant strategies.

The market is further driven by the shifting consumer inclinations towards food products that reflect excellent quality, longer shelf life, and high-value ingredients. Moreover, the preference for packed food and beverages that is increasingly getting influenced by higher standard of living and changing consumer lifestyle, is estimated to increase the demand for stand-up pouches and flourish its sales over the period of assessment. However, the need for large production space and vast outlays in raw materials necessary for the production of stand-up pouches are impeding the growth of Stand Up Pouches Market.

Market Segmentation

Worldwide Stand Up Pouches Market has been divided on the basis of type, material, region, and application. On the basis of material, the market has been segregated into paper, metal, plastic, and others. According to the type, the market has been classified into standard, retort, and aseptic. While, the Stand Up Pouches Market based on application has been categorized into foods, personal care, healthcare, beverages, and others.

Key Players

The key players dominating the Stand Up Pouches Market include The Dow Chemical Company (US), Amcor Ltd. (Australia), Smurfit Kappa Group (Dublin), Berry Plastics Corporation(US), Clondalkin Group (Netherlands), Ampac Holdings LLC (US), Astrapak Limited (South Korea), Sealed Air Corporation (US), Coveris Holdings S.A. (US), Bemis Company, Inc. (US), Sonoco Products (US), Mondi Plc. (Austria), and others.

Regional Analysis

North America is known to dominate the Stand Up Pouches Market. The growth is owing to the expanding infrastructure facilities directed towards preserving the food packaging sectors. Asia Pacific represents more than 60% share of Stand Up Pouches Market on account of the rising demand for convenience food and ready to eat food. Rapidly mushrooming population, as well as growing middle-income groups, are impacting the demand for stand-up pouches positively. Besides, the disposable income of customers along with the burgeoning purchasing power is likely to propel the general growth of the stand-up pouches within the Asia-Pacific market.

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