Global Stand-up Pouches Market
Stand-up pouches are environmental-friendly bag-based packaging offering, although they are not biodegradable. They can be recycled and re-used a variety of times in different applications. They are also known as stand-bags/stand-up bags due to their shape and structure. They are inserted with a barrier film between the content of the package and package which acts as a protective film between various environmental factors and product content.
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The main factor behind the growth of the market is:
- Rising demand for packaged food among consumer: Overall growth from the industry for packaged products for food is expected to have a positive effect on the market growth of stand-up pouches as they offer a lightweight protective packaging solution to the manufacturers. These pouches offer improvements on the overall aesthetic appeal of the product helping manufacturers have their products stand-out on the shelves. These benefits along with various lifestyle changes of individuals adopting packaged, ready-to-eat food products to keep up with the fast-paced lifestyle
- Affordability and easy availability: The major benefits that these products offer is the easy production process and consistent re-use features. These features ensure that the cost affordability of the product improve its growth demand from different end-use industries. Processing industries are focused on making their products stand-out in a cost-effective packaging offering so as they do not have to reduce their profit margins. The adoption of this packaging solutions ensures just that.
The market is segmented on the basis of form as rollstock, round bottom, k- style, plow bottom/ folded bottom, flat bottom; type as standard stand-up pouches, aseptic stand-up pouches, retort stand-up pouches, hot-filled stand-up pouches; closure type is segmented into top notch, zipper, spout; applications into food & beverages, cosmetics & toiletries, healthcare.
Some of the recent market developments are as follows:
- In June 2018, Bemis announced that they had developed a recyclable film for applications in standard stand-up pouch packaging to improve their recyclable capabilities. The product branded as “Encore”, which will help in improving the sustainable goals of the various packaging companies. This technology will help in improving the shelf-appeal of the packaged good as it will exhibit transparency without compromising on stiffness of pouches
- In January 2017, Glenroy, Inc. announced the launch of “VersaPouch”, designed with an innovative closure method that is patented and developed by AptarGroup. VersaPouch is an inverted stand-up pouch which is an alternative for existing form-fill-seal inverted pouches, while also having a positive impact on the environment as the packaged can be produced with significant reductions in wastage. This innovative product offerings also allows for almost complete removal of content while utilizing helping improve its demand from various end-users
“According to Data Bridge Market Research, global stand-up pouches market is expected to grow to an estimated value of USD 36.06 billion at a substantial CAGR during the forecast period of 2019 to 2026”
Some of the major players operating in the market are Amcor Limited, Bemis Company, Inc, Berry Global Inc., Mondi, Sealed Air, Smurfit Kappa, COVERIS, ProAmpac., Huhtamäki, Sonoco Products Company, CONSTANTIA, Winpak Ltd., GUALAPACK S.P.A. VIA CARLO MUSSA 266, American Packaging Corporation., Bryce Corporation, CLONDALKIN GROUP, Interflex Group, Swiss Pac Pvt. Ltd., Glenroy, Inc.
One of the biggest growth opportunities available to packaging manufacturers is the product demand from various application areas with an enhanced focus on alcohol products packaging. The demand for this product offering from alcohol manufacturers is improving because of its cost-effectiveness and enhanced shelf-appeal. Various alcohol manufacturers are focusing on adopting environmental-friendly light-weight packaging solutions which helps them in improving their profit margins by reducing the logistics costs.
