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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 presence of both domestic and international firms has greatly fragmented the market. In order to maintain its dominant position in the market, Amcor plc, one of the top firms in the sector, primarily focuses on acquisitions and new product releases. The company serves all end-use industries in the marketplace. For instance, ProAmpac introduced retort pouches with 30% post-consumer recycled material in 2022. This effort aims to decrease the amount of virgin plastic in the products while maintaining packaging effectiveness and filling line productivity. 'Amcor Limited', 'Sealed Air Corporation', 'Mondi Group', 'Berry Inc.', 'Sonoco Products Company', 'Huhtamaki Oyj', 'Coveris Holdings SA', 'ProAmpac Holdings Inc.', 'Constantia Flexibles Group GmbH', 'Printpack Inc.', 'Bemis Company Inc. (Now part of Amcor Limited)', 'Winpak Ltd.', 'Glenroy, Inc.', 'Scholle IPN', 'Uflex Ltd.', 'Wipak Group', 'Smurfit Kappa Group', 'Bischof + Klein SE & Co. KG', 'Glenroy, Inc.', 'Ampac Holdings LLC (Now part of ProAmpac Holdings Inc.)'

Pouches are lightweight and flexible, which makes them an attractive alternative to rigid packaging formats like glass or metal. The shift towards lightweight packaging aims to reduce transportation costs, improve sustainability, and enhance shelf space utilization. Pouches provide these benefits, contributing to their growing adoption.

Increasing Demand for Flexible Packaging: The pouches market is experiencing significant growth due to the increasing demand for flexible packaging solutions. Pouches offer advantages such as lightweight, convenience, easy storage, and reduced material usage compared to traditional rigid packaging formats. The shift towards flexible packaging, including pouches, is driven by consumer preferences, sustainability considerations, and cost-efficiency.

Asia Pacific had the highest revenue share of almost 38.0%. Market expansion is primarily being fueled by elements like expanding demand for the packaging form due to its low cost and great visual appeal on retail shelves, as well as rising organized retail penetration in the region. Furthermore, the demand for packaged food goods is rising, which is anticipated to fuel market expansion. This is notably true in developing nations like China, India, and Vietnam. Additionally, it is anticipated that the region's demand for pouches will be fueled by the rising consumption of packaged beverages & the strong preference for small-sized packs because of their affordability and ease of use.

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Global Pouches Market

Product ID: SQMIG15A2197