Ottawa, Dec. 12, 2024 (GLOBE NEWSWIRE) -- The global flexible plastic pouches market size is to grow from USD 198.46 billion in 2025 and is predicted to total USD 306.72 billion by 2034, study published by Towards Packaging a sister firm of Precedence Statistics.
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Market Overview
Flexible plastic pouches are usually made from materials like polyethylene, polypropylene, and polystyrene due to their excellent flexibility, strength, durability, and moisture and wear & tear resistance properties. They are more cost-effective and lightweight in nature compared to rigid plastic packaging solutions, such as bottles or jars. Their flexibility makes them suitable for packaging a range of products, such as food & beverages, electronic devices, pharmaceuticals, and personal care products. These pouches are manufactured in several shapes and sizes such as stand-up and flat.
The market is experiencing significant growth due to the rising demand for packaged consumer goods. Flexible plastic pouches have the ability to accommodate various products. These pouches provide enhanced protection and help protect packaged goods from moisture, oxygen, and other contaminants, thereby reducing spoilage and extending the product’s shelf life.
In addition, the rising demand for convenient and lightweight packaging solutions from various industries, such as food & beverages, healthcare, pharmaceutical, and personal care, is expected to boost the growth of the market during the forecast period.
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Major Trends in the Flexible Plastic Pouches Market
- Expansion of E-commerce: The rapid expansion of e-commerce is a major factor driving market growth. The convenience of shopping from anywhere at any time encourages individuals to purchase products from e-commerce platforms. The versatility of flexible plastic pouches accommodates a variety of products, ranging from accessories and electronic devices to clothing, making them suitable for packaging and shipping. The rising trend of online shopping is also likely to contribute to market expansion.
- Demand for Stand-up Pouches with Zipper Closures: There is a high demand for stand-up pouches with zipper closures in the food & beverages industry. The zipper closure feature provides an airtight seal to packaged goods, preventing direct contact with moisture, air, and other contaminants, thus maintaining the product’s freshness. The rising demand for convenient packaging further impacts the market.
- Customization and Innovations in Packaging Technology: The rising demand for customized packaging solutions is projected to drive the growth of the market. Several brands prefer customized packaging as a marketing tool, as it allows them to stand out. It also helps to improve brand identity. Moreover, innovations in packaging technology led to innovative designs with enhanced barrier properties, attracting more consumers.
- AI Integration in Packaging Process: Implementing AI technologies in the packaging manufacturing process detects defects in packaging and reduces waste and downtime. It also streamlines the entire production process, from quality control to supply chain management. Moreover, AI enables the development of smart packaging.
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Insights from Key Regions
E-commerce Expansion to Support Asia’s Dominance
Asia Pacific dominated the flexible plastic pouches market in 2023. This is mainly due to the increase in e-commerce sales. There is a high demand for packaged goods in the region. The rising disposable income encourages individuals to spend on packaged goods, significantly boosting the demand for flexible plastic pouches.
China is the world’s largest producer of packaging. In addition, the region boasts a large number of packaging manufacturing companies. With the rising trend of online shopping, the demand for flexible packaging that accommodates various products is increasing, contributing to market growth. Moreover, rapid industrialization and the expansion of e-commerce and packaging businesses positively impact the market.
Rising Demand for Packaged Food to Boost North America’s Market
The flexible plastic pouches market in North America is projected to grow at the fastest rate during the forecast period. The regional market growth is primarily attributed to the rising demand for packaged and processed food items, including snacks, confectionery, and sauces. The rising advancements in packaging technology further fuel the growth of the market in the region. Moreover, the rapid expansion of the food & beverages industry contributes to regional market expansion.
- In April 2024, American Packaging Corporation (APC), a leader in flexible packaging solutions, announced the commercial launch of RE Design for Recycle flexible packaging technology targeted at pet food products ranging from small pouches for pet treats to large bags for pet kibble. This new technology joins a portfolio of packaging technologies in APC's RE sustainable packaging portfolio, that also includes Design for Compost, Circular Content, and Renewable Content, as well as several additional Design for Recycle film and paper options.
Flexible Plastic Pouches Market Opportunity
Rising Demand for Sustainable Packaging Materials
With increasing emphasis on sustainable packaging materials, the demand for bioplastics is rising in the packaging industry. Unlike traditional plastics that are derived from fossil fuels, bioplastics are made from renewable sources like sugarcane and cornstarch. Due to their easy recyclability, biodegradability, and less toxicity, they are widely used to package food items. Moreover, the rising focus on reducing carbon footprints, the ban on single-use plastic bags, and stringent environmental regulations further create immense opportunities in the market.
- In July 2024, researchers from the nanotechnology department of Tamil Nadu Agricultural University in Coimbatore have developed a bioplastic bag that can decompose in 50 days.
Flexible Plastic Pouches Market Segmentation
- By material, the polyethylene (PE) segment dominated the market with the largest share in 2023. Polyethylene material is lightweight and strong, which is suitable for creating flexible yet durable packaging solutions. PE is more cost-effective and transparent and has excellent chemical resistance property than other materials. Moreover, PE can be recycled and reused many times to make new products.
- By application, the food & beverages segment dominated the market in 2023. This is mainly due to the rise in consumption of packaged food items. Pouches are lightweight and easy to handle, making them suitable for packaging various food products. Single-serve portion pouches and ziplock pouches are in high demand in the food & beverages industry, contributing to segmental growth.
Competitive Landscape
Key players competing in the flexible plastic pouches market include Amcor Plc., Constantia Flexibles Group GmbH, Berry Global Group Inc., Huhtamaki Oyj, Bemis Company, Inc., AR Packaging Group AB, Mondi Group, DS Smith Plc., CCL Industries Inc., Westrock Company, Transcontinental Inc., Uflex Limited, Novolex (Carlyle Group), Bischof + Klein SE & Co. KG, Silafrica, ProAmpac, PPC Flexible Packaging LLC, Printpack Inc., Cosmo Films Limited, Wihuri Group, C-P Flexible Packaging, and Gualapack S.p.A. These players are making efforts to innovate and hold the maximum share of the market.
C-P Flexible packaging continues to bring innovations into the market. The company earned the highest ratings achievable from BRCGS (Brand Reputation Compliance Global Standards), reflecting its commitment to product safety and quality through rigorous standards and dedicated teamwork.
More Insights Towards Packaging:
- The global micro packaging market size is estimated to reach USD 21.64 billion by 2033, up from USD 4.92 billion in 2023, at a compound annual growth rate (CAGR) of 16.09% from 2024 to 2033.
- The global bottle caps market size reached USD 3.9 billion in 2023 and is projected to hit around USD 5.62 billion by 2033, expanding at a CAGR of 3.72% during the forecast period from 2024 to 2033.
- The global highly visible packaging market size is estimated to reach USD 88.64 billion by 2033, up from USD 42.75 billion in 2023, at a compound annual growth rate (CAGR) of 7.71% from 2024 to 2033.
- The global cosmetic packaging machinery market size reached USD 4.66 billion in 2023 and is projected to hit USD 8.21 billion by 2033, expanding at a CAGR of 5.83% from 2024 to 2033.
- The global returnable packaging market size reached USD 116.02 billion in 2023 and is projected to hit around USD 208.56 billion by 2033, expanding at a CAGR of 6.04% during the forecast period from 2024 to 2033.
- The global beer cans market size reached USD 12.77 billion in 2023 and is projected to hit around USD 19.14 billion by 2033, expanding at a CAGR of 4.13% during the forecast period from 2024 to 2033.
- The global tube packaging market size is estimated to reach USD 18.68 billion by 2033, up from USD 10.73 billion in 2023, at a compound annual growth rate (CAGR) of 5.82% from 2024 to 2033.
- The global shrink and stretch sleeve labels market size is estimated to reach USD 25.33 billion by 2033, up from USD 13.51 billion in 2023, at a compound annual growth rate (CAGR) of 6.63% from 2024 to 2033.
- The global barrier films packaging market size is estimated to reach USD 57.74 billion by 2033, up from USD 32.67 billion in 2023, at a compound annual growth rate (CAGR) of 5.99% from 2024 to 2033.
- The global caps and closure market size is estimated to reach USD 129.61 billion by 2033, up from USD 76.52 billion in 2023, at a compound annual growth rate (CAGR) of 5.52% from 2024 to 2033.
Recent Developments in the Market
- In October 2024, Pouches.com launched in the U.S. market. The platform is designed for businesses of all sizes, making it easy to order packaging quickly.
- In October 2024, Accredo Packaging, an expert in the development of innovative, more sustainable packaging solutions for the food and consumer products industries, has collaborated with Fresh-Lock closures, a brand of Reynolds Consumer Products, to introduce the first 100% biobased resin pouch with a zipper closure.
- In October 2024, Brainiac Foods introduced New Pouches in the Baby Food Category with the launch of the new Neuro+ Line.
- In May 2024, Amcor and AVON announced the launch of the AmPrima Plus refill pouch for the AVON Little Black Dress classic shower gels in China, aiming to reduce carbon footprint and water consumption.
Segments Covered in the Report
By Material
- Polyethylene (PE)
- Polypropylene (PP)
- Polyamide (PA)
- Polyvinyl Chloride (PVC)
- Polystyrene (PS)
- Others
By Application
- Food & Beverages
- Pharmaceutical & Healthcare
- Personal Care & Cosmetics
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa (MEA)
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About Us
Towards Packaging is a leading global consulting firm specializing in providing comprehensive and strategic research solutions. With a highly skilled and experienced consultant team, we offer a wide range of services designed to empower businesses with valuable insights and actionable recommendations. We stay abreast of the latest industry trends and emerging markets to provide our clients with an unrivalled understanding of their respective sectors. We adhere to rigorous research methodologies, combining primary and secondary research to ensure accuracy and reliability. Our data-driven approach and advanced analytics enable us to unearth actionable insights and make informed recommendations. We are committed to delivering excellence in all our endeavours. Our dedication to quality and continuous improvement has earned us the trust and loyalty of clients worldwide.
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