Pouches Market Size, Share, Growth Analysis, By Material(Plastic, Metal), By Treatment Type(Standard, Aseptic), By Product(Flat Pouch, Stand-up Pouch), By End-use(Food & Beverages, Healthcare), By Closure Type(Tear Notch, Zipper) - Industry Forecast 2024-2031

Pouches Market size was valued at USD 37.86 Billion in 2021 and is poised to grow from USD 40.09 Billion in 2022 to USD 63.1 Billion by 2030, at a CAGR of 5.9% during the forecast period (2023-2030).

The growth of the pouches market is primarily driven by rising demand for packed food and beverages, along with the affordability and convenience of using them. Pouches' compactness and light weight allow them to fit into smaller spaces in transportation vehicles, which also greatly lowers the cost of transportation. Additionally, the availability of different closure options in pouches, such as a spout, zipper, & tear notch, is drawing customers and boosting market growth. Due to evolving lifestyles and advancements in food processing processes, the packaged food market is steadily expanding globally. This market expansion is anticipated to continue over the forecast period.

The United States is a very lucrative market because of the presence of big companies operating in the food and beverage industry. Due to the substantial working-class professional population in the country and the widespread availability of ready-to-eat meals, the U.S. market for pouch-based packaging products has expanded dramatically. Additionally, flexible packaging products like pouches utilize a lot fewer resources during manufacture, which decreases the cost of the product's packaging overall and increases the profit margins of the end-use firms. As a result, end-user companies are utilizing flexible packaging types more often, thus fostering the expansion of the pouch industry.

End use companies are adopting sustainable packaging options more and more as a result of rising regulatory pressure and growing customer awareness of sustainability issues. This is expected to result in a rise in the demand for pouches in the next few years. Pouches offer a higher ecological rating since they require less energy, water, & material during manufacturing and occupy less space in landfill after usage. Standup pouches are employed as a marketing tactic because they offer a larger surface area that lets printed images entice consumers to the items, particularly in markets where shoppers make quicker purchasing judgements. This feature has also drawn end-use companies to the package type, promoting expansion.

US Pouches Market is poised to grow at a sustainable CAGR for the next forecast year.