Beverage Packaging Market
High-Barrier Pouches Market Size to See USD 2.5 Billion Worth by 2024: Growth Factors & Trends
MarketStudyReport.com adds a new High-Barrier Pouches Market research report for the period of 2017-2024 that shows the market is growing at steady CAGR to 2024.
Growing consumption of packed and retort food due to shifting trend towards nuclear families will drive High Barrier Pouches Market growth. As per analysis, global packaged food industry reached USD 2.6 trillion in 2016.
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High Barrier Pouches Market size is estimated to exceed USD 2.5 billion by 2024; according to a new research report.
Shift in manufacturer focus towards packaging as promoting tool rather than protective package has enhanced high barrier pouches market size. Innovations in packaging design to delight customers without harming basic purpose of packaging are key supporting factors of industry growth.
Changing lifestyle and increasing disposable income particularly in developing countries will support industry growth. Technological advancements in product design to prevent loss of moisture and retain product freshness are major factors fueling product demand. Reduced packaging material usage along with low storage and handling cost will drive high barrier pouches market.
Rising consumption of packaged beverages particularly among millennials is among major factors driving industry demand. Increasing product adoption in pharmaceuticals, personal care & homecare, and pet food industry will propel the product demand. Moreover, product innovations in add-ons including fitments, spouts, zippers and slider will drive the business growth.
Regulatory compliance along with emergence of food grade materials has enhanced the high-barrier pouches demand. However, stringent regulations on emissions along with increasing concerns on plastic wastes may hamper industry growth.
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Standup pouches will value over USD 1 billion by 2024. Convenience in storage & transportation, enhanced shelf appearance, easy to carry and improved protection of package content are the key factors driving product demand. Excellent resistance against gases and water vapor has stimulated product scope in several applications including pet food, industrial, food and beverages.
Spouted pouch packaging is the fastest growing segment with CAGR over 6% up to 2024. Ease in handling, mess free food consumption along with ready to pour are the key driving factors of industry growth.
Polyethylene high barrier pouches market accounted for more than 25% of overall industry share in 2016. Excellent water and chemical resistance along with tensile strength provides positive outlook for product penetration. Rising demand from homecare, personal care and industrial applications will propel the industry demand.
Industrial application will observe gains over 5% up to 2024. Increasing penetration of standup and spouted packaging for paints, coatings, lubricants and oils will drive industry growth. Rising number of manufacturing facilities along with shifting focus on infrastructure development particularly in emerging nations will support product demand.
Five-layer accounted for over 55% of total industry share in 2016. Growing adoption of protective additives including EVOH, SiOx and AlOx to improve the packaging strength will fuel industry growth. Necessity for protection against stains, solvents and UV rays have enhanced the demand for multilayer packaging.
Europe will worth over USD 1 billion by 2024. Changing income trends along with improving standard of living will propel business growth. Strong outlook in pharmaceutical sector has enhanced product penetration owing to its heat resistance, acid resistance and greater shelf life properties.
North America high barrier pouches market revenue will witness gains over 6.5% up to 2024. Shifting consumer preference towards liquid diet due to increasing health consciousness will drive regional demand.
Global high barrier pouches market is fragmented due to presence of limited industry players. Some of the key players are Amcor, American Pouch, Bemis, Vacuum Pouch Company, Hood Packaging, Sonoco, Elliot Packaging and Essentra PLC. Strengthening product portfolio, distribution channel and product innovations are major strategies adopted.
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Global High-Barrier Pouches Market Research Report Forecast 2017-2021
The Global High-Barrier Pouches Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the High-Barrier Pouches industry overview with …
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This entry was posted in Beverage Packaging Market, Business, Manufacturing, Packaging Market and tagged Global High-Barrier Pouches Market, High-Barrier Pouches Market, High-Barrier Pouches Market Industry, High-Barrier Pouches Market Sales, High-Barrier Pouches Market Share, High-Barrier Pouches Market Size.
Beverage Packaging Market: Application, Element, & by Region – Global Trends and Forecast to 2022
Market Size Forecasters Add New Global Beverage Packaging Market by Manufacturers, Countries, Type and Application, Forecast to 2022 to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 105 pages with table and figures in it.
This Market Size Forecasters report examines the beverage packaging market for the period 2017- 2022. The primary objective of the report is to analyse the underlying factors that are driving growth of the futuristic outlook market: beverage packaging, which is significantly transforming buying habits of consumers across various markets. Product innovation, low-cost packaging, sustainable & convenient packaging, rising urbanisation, increasing disposable income, and enhanced purchasing power are some of the major drivers of the beverage packaging market.
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Scope of the Report:
This report focuses on the Beverage Packaging in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers:
Crown Holdings, Amcor, Ball, Ardagh, Owens-Illinois, Mondi Group, CKS Packaging, Allied Glass Containers, Silgan Holdings, Can-Pack, Printpack, Sonoco, Promens, AptarGroup, CCL Industries, Saint-Gobain, Plastipak Holdings, Inc.
Market Segment by Regions, regional analysis covers:
North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Market Segment by Type, Covers:
- Plastic
- Glass
- Metal
Market Segment by Applications, can be divided into:
- Dairy
- Alcoholic Beverages
- Non-Alcoholic Beverages
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There are Table of Cotent and Various Chapters to deeply display the global : beverage packaging market.
1 Beverage Packaging Market Overview
2 Global Beverage Packaging Market Competition by Manufacturers
3 Global Beverage Packaging Capacity, Production, Revenue (Value) by Region (2012-2017)
4 Global Beverage Packaging Supply (Production), Consumption, Export, Import by Region (2012-2017)
5 Global Beverage Packaging Production, Revenue (Value), Price Trend by Type
6 Global Beverage Packaging Market Analysis by Application
7 Global Beverage Packaging Manufacturers Profiles/Analysis
8 Beverage Packaging Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers For More Details On of this
Figure Alcoholic Beverages Examples
Table Key Downstream Customer in Alcoholic Beverages
Figure Non-Alcoholic Beverages Examples
Table Key Downstream Customer in Non-Alcoholic Beverages
Figure Global Beverage Packaging Market Size (Million USD), Comparison (K MT) and CAGR (%) by Regions (2012-2022)
Figure North America Beverage Packaging Revenue (Million USD) and Growth Rate (2012-2022)
Figure Europe Beverage Packaging Revenue (Million USD) and Growth Rate (2012-2022)
Figure China Beverage Packaging Revenue (Million USD) and Growth Rate (2012-2022)
Figure Japan Beverage Packaging Revenue (Million USD) and Growth Rate (2012-2022)
Figure Southeast Asia Beverage Packaging Revenue (Million USD) and Growth Rate (2012-2022)
Figure India Beverage Packaging Revenue (Million USD) and Growth Rate (2012-2022)
Figure Global Beverage Packaging Revenue (Million USD) Status and Outlook (2012-2022)
Figure Global Beverage Packaging Capacity, Production (K MT) Status and Outlook (2012-2022)
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MarketSizeForecasters.com, a Skyline Market Research LLP brand, is an online aggregator of market research reports. MarketSizeForecasters.com offers a comprehensive collection of full length reports on global and regional markets in 100+ industry verticals. We have partnered with some of the leading business and market research publishing houses and regularly update our online library to offer wide range of reports to our customers.
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