Global Flat Pouches Market, By Type (Flexible Packaging Flat Pouches and Rigid Packaging Flat Pouches), Application (Food, Pharmaceuticals, Consumer Goods and Other), End User Industry (Food and Beverages, Pharmaceuticals, Personal Care and House Hold Care and Other End User Verticals), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Flat Pouches Market
Growth and expansion of food and beverages industry and rising demand for convenience and packed food among population are the two major factors attributable to the growth of flat pouches market. Data Bridge Market Research analyses that the flat pouches market will project a CAGR of 4.68% for the forecast period of 2021-2028.
Pouches are small, sealed and portable packaging solutions that offer convenient handling. Flat pouches are generally made up of different flexible materials which means they can take up any shape. Whether it is coffee, toiletries, sugar, or food supplements, or any other similar item, flat pouches offer portability in nature. Flat pouches are perfect packaging solutions as they are economical in nature. Flat pouches packaging solutions save a lot of time and effort. Flat pouch packaging solutions are used for a wide range of applications and undergo different process like layering, lamination and extrusion.
Rising demand for convenient and portable packaging solutions is inducing growth in the flat pouches market value. Rising demand for flat pouches by food and beverages industries owing to the overall growth and expansion of food and beverages industry is another important factor fostering the growth of flat pouches market. Growth and expansion of packaging industry, rising technological advancements in the packaging technology involved and increasing personal disposable income are some other indirect market growth determinants. Increased focus of the manufacturers on flat pouches owing to its inexpensive nature is another factor bolstering the market growth.
However, alternatives available in the market such as flexible packaging will pose a big time challenge to the sachet packaging market growth rate. Fluctuations in the prices of raw materials are another market growth restraint. Also, high costs associated with flat pouches packaging solutions will further derail the market growth rate.
This flat pouches market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on flat pouches market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Flat Pouches Market Scope and Market Size
Global flat pouches market is segmented on the basis of type, application and end user industry. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the global flat pouches market is segmented into flexible packaging flat pouches and rigid packaging flat pouches.
- Based on application, the flat pouches market is segmented into food, pharmaceuticals, consumer goods and other.
- Based on the end user industry, the flat pouches market is segmented into food and beverages, pharmaceuticals, personal care and house hold care and other end user verticals.
Global Flat Pouches Market Country Level Analysis
The global flat pouches market is analysed and market size insights and trends are provided by country, type, application and end user industry as referenced above.
The countries covered in the flat pouches market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region is set to undergo substantial gains during the forecast period and project the highest compound annual growth rate (CAGR) for this period. This is because of rising industrialization, urbanization, globalization and growth and expansion of packaging industry. Developing e-commerce industry will further generate lucrative growth opportunities for the flat pouches market. Increased application of flat pouches by the various end user verticals is another important factor fostering the market growth in this region. Upsurge in the consumption of food and beverage items owing to the ever-rising population and increasing personal disposable income will also propel growth in the demand for flat pouches packaging solutions.
The country section of the flat pouches market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Flat Pouches Market Share Analysis
The flat pouches market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to flat pouches market.
The major players covered in the flat pouches market report Viking Masek Global Packaging Technologies, Robert Bosch GmbH, Matrix Packaging Machinery, LLC., MESPACK, SN Maschinenbau GmbH, VELTEKO s.r.o., HASSIA-REDATRON GmbH, HDG Verpackungsmaschinen GmbH, STATEC BINDER GmbH, Universal Pack S.r.l., Amcor plc, Bemis Company, Inc., Sealed Air, Sonoco Products Company, The Vaccum Pouch Company Ltd, Ultimate Flexipack Limited, AK Product, International Plastics Inc., Swiss Pack, and Tyler Packaging Ltd among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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