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Stand-up Pouches Market to Grow at a CAGR of 7.89% during the Forecast Period; Growing Adoption of Stand-up Pouches in Several Industries to Augment Market Growth

January 10, 2024 | Chemicals & Materials

The global stand-up pouches market size stood at USD 30.40 billion in 2022. The market is anticipated to rise from USD 32.38 billion in 2023 to USD 55.10 billion by 2030, recording a CAGR of 7.89% during the forecast period.


Fortune Business Insights™ presents this information in its report titled, “Stand-up Pouches Market Size, Share & COVID-19 Impact Analysis, By Material (Plastics, Foils, and Paper), By Type (Aseptic Pouches, Standard Pouches, Retort Pouches, and Others), By Closure Type (Top-notch, Spout, and Zipper), By Application (Food, Beverages, Beauty & Personal Care, Dogs & Cats food, Homecare Products, and Others) and Regional Forecast, 2023-2030.


Stand-up pouches are widely used for storing liquid, solid, powdered, and non-food items. They can keep the food fresh for a longer time. Increasing usage of different types of stand-up pouches in the food, beverage, and pharmaceutical industries is expected to boost market expansion over the forecast period.


Supply Chain Disruptions amid Pandemic Restrained Market Growth


The COVID-19 pandemic impeded the stand-up pouches market growth. Supply chain disruptions amid the pandemic decreased sales of stand-up pouches, which hampered market expansion. Nevertheless, increased preference for ready-to-eat food products among individuals is expected to boost market expansion in the coming years.


FEI Foods Partnered with JM Packaging and Launched Sustainable Stand-up Pouch


In March 2021, a microwaveable food producer, FEI Foods, made a partnership with U.K.-based flexible packaging provider JM Packaging. A sustainable stand-up pouch was introduced by these companies. They also developed an advanced mono-material, which is retortable and recyclable.


Growing Consumer Preference for Ready-to-eat Foods to Boost Market Progress


Hectic lifestyles and growing consumer awareness regarding their health are boosting the adoption of packaged food and beverages, which is driving the demand for stand-up pouches. Increasing consumer inclination toward ready-to-eat foods and snacks due to long traveling times and working hours is contributing to market growth. Many producers have widely preferred these pouches owing to their superior shipping convenience compared to rigid bottles, glass jars, and cans. The increasing need for sustainable and user-friendly pouches is projected to fuel market growth over the forecast timeframe.


On the other hand, strict government rules regarding plastic usage are hindering market expansion.


Companies Focus on Partnerships and Product Innovations to Gain Significant Market Positions


Key market players are implementing various strategies to maintain their dominance in the global market. They are constantly working on product advancements and increasing their clientele across regions.


Notable Industry Development



  • December 2020 – To offer the first food-safe, mono-material microwavable rice pouch, Mars Food collaborated with global packaging company Amcor. For Mars Food’s household brands, the packaging technology will create pouches.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/stand-up-pouches-market-102585


List of the Companies Profiled in the Report:



  • Amcor (Switzerland)

  • Mondi Group (U.K.)

  • Sealed Air Corporation (U.S.)

  • Smurfit Kappa (Ireland)

  • Sonoco (U.S.)

  • Coveris Group (U.K.)

  • ProAmpac (U.S.)

  • Berry Global, Inc. (U.S.)

  • Huhtamaki (Finland)

  • Constantia Flexibles (Austria)


Further Report Findings-



  • North America stood at USD 9.87 billion in 2022. Surging demand for packaged food, such as ready-to-eat meals, is boosting the stand-up pouches market share in the region.

  • Latin America is expected to rise steadily over the forecast period.  Rapid expansion of the packaging industry and rising investments in plastic-based packaging are the key factors driving market growth in the region.

  • The Middle East & Africa is anticipated to grow moderately during the projected period. Market growth in the region is driven by infrastructure improvements, a rise in metropolitan areas, and growing consumption of food and drinks.

  • The standard pouches segment dominates the market. Standard pouches are highly preferred due to their several features, including strong shelf presence.

  • The food segment is leading the market due to the increasing adoption of pouches for food product packaging.


Table of Segmentation






















































ATTRIBUTE



DETAILS



Study Period



2019-2030



Base Year



2022



Estimated Year



2023



Forecast Period



2023-2030



Historical Period



2019-2021



Growth Rate



CAGR of 7.89% from 2023 to 2030



Unit



Value (USD Billion)



Segmentation



By Material



  • Plastics

  • Foils

  • Paper



By Type



  • Aseptic Pouches

  • Standard Pouches

  • Retort Pouches

  • Others



By Closure Type



  • Top-notch

  • Spout

  • Zipper



By Application



  • Food

  • Beverages

  • Beauty & Personal Care

  • Dogs & Cats food

  • Homecare Products

  • Others



By Region



  • North America (By Material, Type, Closure Type, Application and Country)

    • U.S. (By Material)

    • Canada (By Material)



  • Europe (By Material, Type, Closure Type, Application and Country)

    • Germany (By Material)

    • France (By Material)

    • U.K. (By Material)

    • Italy (By Material)

    • Spain (By Material)

    • Russia (By Material)

    • Poland (By Material)

    • Romania (By Material)

    • Rest of Europe (By Material)



  • Asia Pacific (By Material, Type, Closure Type, Application and Country)

    • China (By Material)

    • India (By Material)

    • Japan (By Material)

    • Australia (By Material)

    • South Korea (By Material)

    • Southeast Asia (By Material)

    • Rest of Asia Pacific (By Material)



  • Latin America (By Material, Type, Closure Type, Application and Country)

    • Brazil (By Material)

    • Mexico (By Material)

    • Argentina (By Material)

    • Rest of Latin America (By Material)



  • Middle East & Africa (By Material, Type, Closure Type, Application and Country)

    • Saudi Arabia (By Material)

    • UAE (By Material)

    • Oman (By Material)

    • South Africa (By Material)

    • Rest of the Middle East & Africa (By Material)




Stand-up Pouches Market
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  • 2019-2021
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