Dublin, March 14, 2019 (GLOBE NEWSWIRE) -- The "Stand-up Pouches Market by Type (Aseptic, Standard, Retort, Hot-filled), Form (Round Bottom, Rollstock, K-Style, Plow/Folded Bottom, Flat Bottom), Closure Type (Top Notch, Zipper, Spout), Application, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The stand-up pouches market is projected to grow from USD 20.1 billion in 2018 to USD 28.9 billion by 2023, at a CAGR of 7.5% during the forecast period.
The rising demand for packaged food & beverages and the need for cost-effective packaging solutions drives the demand for stand-up pouches. However, recycling of multi-layer structure and availability of substitutes are projected to inhibit the growth of the market.
In terms of value, the round bottom segment is projected to grow at the highest CAGR during the forecast period
The round bottom segment in the stand-up pouches market is projected to grow at the highest CAGR during the forecast period, in terms of value. The growth of this segment can be attributed to its high demand in the food & beverages industry, as they are durable and render high stability to the product.
Round bottom stand-up pouches are commonly used for lightweight products such as coffee, tea, sauces, and candies. They are considered ideal packaging solutions for products that weigh less than a pound. They are widely utilized in food & beverages packaging solutions due to the demand for compact and lightweight packaging solutions.
In terms of value, the aseptic segment is projected to lead the stand-up pouches market from 2018 to 2023
The aseptic segment is projected to lead in the stand-up pouches market from 2018 to 2023, in terms of value. The demand for longer shelf life, consumer appeal, and high seal integrity are some of the key factors contributing to the growth of the aseptic segment.
Aseptic stand-up pouches are manufactured using a special design filling machine, which sterilizes the inner film that protects the contents from bacteria. The increase in the adoption of aseptic stand-up pouches in ready-to-drink and dairy-based beverages is further projected to drive its demand.
In terms of both value and volume, the Asia Pacific stand-up pouches market is projected to grow at the highest CAGR during the forecast period
In terms of both value and volume, the Asia Pacific stand-up pouches market is projected to grow at the highest CAGR from 2018 to 2023.
The growth of the market in this region is attributed to the increase in disposable income of individuals, which has led to a rise in the demand for ready-to-eat products. Furthermore, the easy availability of raw materials and the increasing demand for compact packaging solutions from highly populated countries such as India and China are projected to drive the demand for stand-up pouches.
The stand-up pouches market is dominated by large players such as Amcor (Australia), Smurfit Kappa (Ireland), Bemis Company (US), Berry Global Group (US), Mondi (Austria), ProAmpac (US), Sealed Air (US), Huhtamaki (Finland), Coveris (US), and Sonoco Products Company (US).
These companies have a strong product portfolio and focus on expanding their market presence and product portfolio by adopting strategic initiatives such as new product developments, acquisitions, expansions, and investments.
Topics Covered
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Regional Scope
1.3.2 Periodization Considered for the Study
1.4 Currency Considered
1.5 Units Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Stand-Up Pouches Market
4.2 Asia Pacific: Stand-Up Pouches Market, By Type & Country
4.3 Stand-Up Pouches Market, By Form
4.4 Stand-Up Pouches Market, By Closure Type
4.5 Stand-Up Pouches Market, By Application
4.6 Stand-Up Pouches Market, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rise in Demand for Packaged Food & Beverages
5.2.1.2 Cost-Effectiveness
5.2.1.3 Increase in Demand From End-Use Industries
5.2.1.4 Aesthetic Appeal
5.2.2 Restraints
5.2.2.1 Stringent Government Regulations
5.2.3 Opportunities
5.2.3.1 Rise in Demand From Emerging Economies
5.2.3.2 Growth in the Popularity of Stand-Up Pouches in Alcohol Packaging
5.2.4 Challenges
5.2.4.1 Availability of Substitutes
5.2.4.2 Challenges in Recycling of the Multi-Layer Structure
5.2.4.3 Volatile Raw Material Prices
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter's Five Forces Analysis
6.3.1 Threat of New Entrants
6.3.1.1 Presence of Large-Scale Players
6.3.1.2 High Investments
6.3.2 Threat of Substitutes
6.3.2.1 Abundance of Substitutes
6.3.2.2 Low Switching Costs
6.3.3 Bargaining Power of Suppliers
6.3.3.1 Easy Availability of Raw Materials
6.3.4 Bargaining Power of Buyers
6.3.4.1 High Volume Buyers Hold A High Degree of Bargaining Power
6.3.4.2 Availability of Numerous Substitutes
6.3.5 Intensity of Competitive Rivalry
6.3.5.1 High Degree of Market Fragmentation
6.3.5.2 Low Customer Loyalty
7 Stand-Up Pouches Market, By Form
7.1 Stand-Up Pouches Market, By Form
7.2 Rollstock
7.2.1 The Rollstock Segment to Be the Largest Segment of the Stand-Up Pouches Market, in Terms of Volume
7.3 Round Bottom
7.3.1 Round Bottom to Be the Fastest-Growing Form of Stand-Up Pouches
7.4 K-Style
7.4.1 Rise in Demand for High Capacity Pouches to Drive the Growth of K-Style Stand-Up Pouches
7.5 Plow Bottom/Folded Bottom
7.5.1 Growing Popularity of Plow Bottom Pouches in the Food & Beverages Industry to Drive Its Demand
7.6 Flat Bottom
7.6.1 The Aesthetic Appeal of Flat Bottom Stand-Up Pouches is Expected to Drive Its Demand
7.7 Others
7.7.1 The Others Segment is Projected to Record A Moderate Growth Rate During the Forecast Period
8 Stand-Up Pouches Market, By Closure Type
8.1 Stand-Up Pouches Market, By Closure Type
8.2 Top Notch
8.2.1 The Top Notch Segment to Lead the Stand-Up Pouches Market, in Terms of Volume
8.3 Zipper
8.3.1 Rising Demand for Re-Sealable Pouches to Drive the Demand for Zipper Closures
8.3.2 Press-To-Close Zipper
8.3.3 Sliding Zipper
8.3.4 Velcro
8.4 Spout
8.4.1 Spout Closure to Be the Fastest-Growing Closure Type for Stand-Up Pouches
9 Stand-Up Pouches Market, By Application
9.1 Introduction
9.2 Food & Beverages
9.2.1 Growth in Demand for Compact & Lightweight Packaging to Drive Stand-Up Pouches Demand in the Food & Beverage Industry
9.3 Cosmetics & Toiletries
9.3.1 Cosmetics & Toiletries to Be the Second Fastest-Growing Application
9.4 Healthcare
9.4.1 Aesthetic Appeal and Product Protection Characteristics of Stand-Up Pouches to Drive Its Demand in Healthcare
9.5 Others
9.5.1 Other Applications are Projected to Grow at A Moderate Rate During the Forecast Period
10 Stand-Up Pouches Market, By Region
10.1 Introduction
10.2 Asia Pacific
10.2.1 China
10.2.1.1 China is Projected to Be the Largest Country-Level Market for Stand-Up Pouches in the Asia Pacific
10.2.2 Japan
10.2.2.1 The Round Bottom Segment is Projected to Be the Largest Segment in the Japanese Stand-Up Pouches Market
10.2.3 India
10.2.3.1 India is Projected to Be the Second Fastest-Growing Country-Level Market for Stand-Up Pouches in the Asia Pacific Market
10.2.4 Australia
10.2.4.1 The Rise in Consumption of Packaged Food is Projected to Drive the Demand for Stand-Up Pouches in Australia
10.2.5 South Korea
10.2.5.1 The Food & Beverages Segment to Be the Fastest-Growing Application for the Stand-Up Pouches Market in South Korea
10.2.6 Indonesia
10.2.6.1 The Round Bottom Segment is Projected to Lead the Stand-Up Pouches Market in Indonesia
10.2.7 Rest of Asia Pacific
10.2.7.1 The Rise in Demand for Packaged Food is Projected to Drive the Stand-Up Pouches Market in Rest of Asia Pacific
10.3 Europe
10.3.1 Germany
10.3.1.1 Germany to Lead the European Stand-Up Pouches Market
10.3.2 UK
10.3.2.1 Increase in Expenditure on Food & Beverages to Drive the Demand for Stand-Up Pouches in the UK
10.3.3 France
10.3.3.1 The Rollstock Segment to Lead the Stand-Up Pouches Market in France
10.3.4 Spain
10.3.4.1 Rise in Demand for Convenient Packaging to Support the Growth of the Stand-Up Pouches Market in Spain
10.3.5 Italy
10.3.5.1 The Food & Beverages Industry to Lead the Stand-Up Pouches Market in Italy
10.3.6 Russia
10.3.6.1 Rise in Demand for Ready-To-Eat Food to Drive the Demand for Stand-Up Pouches in Russia
10.3.7 Rest of Europe
10.3.6.1 Growth in the Consumption of Packaged Food to Drive the Demand for Stand-Up Pouches in Rest of Europe
10.4 North America
10.4.1 US
10.4.1.1 The US is the Largest Country-Level Market for Stand-Up Pouches in North America
10.4.2 Canada
10.4.2.1 Increase in Exports of Packaged Food is Projected to Drive the Canadian Stand-Up Pouches Market
10.4.3 Mexico
10.4.3.1 The Growing Popularity of Ready-To-Eat Food is Projected to Drive the Stand-Up Pouches Market in Mexico
10.5 Middle East & Africa
10.5.1 UAE
10.5.1.1 The UAE to Grow at the Highest CAGR in the Middle East & Africa Stand-Up Pouches Market
10.5.2 Turkey
10.5.2.1 Round Bottom to Lead the Stand-Up Pouches Market in Turkey
10.5.3 South Africa
10.5.3.1 The Food & Beverages Industry to Be the Largest Consumer of Stand-Up Pouches in South Africa
10.5.4 Saudi Arabia
10.5.4.1 Growth in the Food & Beverages Industry to Drive the Stand-Up Pouches Market in Saudi Arabia
10.5.5 Rest of the Middle East & Africa
10.5.5.1 Rest of the Middle East & Africa to Grow at A Stagnant Rate During the Forecast Period
10.6 South America
10.6.1 Brazil
10.6.1.1 Brazil to Account for the Largest Share in the South American Stand-Up Pouches Market
10.6.2 Argentina
10.6.2.1 Rise in Demand for Innovative Packaging to Drive the Stand-Up Pouches Market in Argentina
10.6.3 Rest of South America
10.6.3.1 Growth in the Packaged Food Industry to Drive the Stand-Up Pouches Market in Rest of South America
10.7 Russia
11 Competitive Landscape
11.1 Overview
11.2 Market Share
11.3 Competitive Scenario
11.3.1 Mergers & Acquisitions
11.3.2 Expansions, Investments, and Divestitures
11.3.3 New Product Launches/Developments
11.3.4 Partnerships and Agreements
12 Company Profiles
12.1 Amcor
12.2 Bemis Company
12.3 Berry Global Group
12.4 Mondi
12.5 Sealed Air
12.6 Smurfit Kappa
12.7 Coveris
12.8 Proampac
12.9 Huhtamaki
12.10 Sonoco
12.11 Other Players
12.11.1 Constantia Flexibles
12.11.2 Winpak
12.11.3 Gualapack S.p.A.
12.11.4 Printpack
12.11.5 American Packaging Corporation
12.11.6 Bryce Corporation
12.11.7 Bischof + Klein
12.11.8 Clondalkin Group
12.11.9 Interflex Group
12.11.10 Swiss Pac Pvt. Ltd.
12.11.11 Glenroy Inc.
12.11.12 C-P Flexible Packaging
12.11.13 St. Johns Packaging
12.11.14 Scholle IPN
12.11.15 Shako Flexipack Pvt. Ltd.
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