High-Barrier Pouches Market

High-Barrier Pouches Market Size to See USD 2.5 Billion Worth by 2024: Growth Factors & Trends

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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.

Related Reports: –

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 …

https://www.marketstudyreport.com/reports/global-high-barrier-pouches-market-research-report-forecast-2017-2021/?utm_source=RR-SK

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High-Barrier Pouches Market 2016 to 2020

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MarketStudyReport.com adds “Global High-Barrier Pouches Market 2016-2020” new report to its research database. The report spread across 71 pages with table and figures in it.

Research analysts forecast the global high-barrier pouches market to grow at a CAGR of 6.83% during the period 2016-2020.

Packaging has become an integral part in the supply chain of any industry. This increased the demand for packaging in different sectors such as food and beverages, agriculture, healthcare, and construction, which have introduced innovative packaging materials and designs. In the past two decades, the packaging industry has seen a huge transformation in terms of innovation. From simple packaging material like glass, metal, and paper, the market has come a long way to the emergence of various plastic polymers such as PE, PET, EVOH, LDPE, and HDPE. In addition, there have been a lot of changes in types of packaging like the introduction of bag-in-boxes, pouches, and paper bags.

Browse full table of contents and data tables at https://www.marketstudyreport.com/reports/global-high-barrier-pouches-market-2016-2020/

Covered in this report
The report covers the present scenario and the growth prospects of the global high-barrier pouches market for 2016-2020. To calculate the market size, the report considers the revenue generated by vendors offering high-barrier pouches in the market (manufacturers of high-barrier pouches).

The market is divided into the following segments based on geography:
– Americas
– APAC
– EMEA

Research report, Global High-Barrier Pouches Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
– American Pouch
– Amcor
– Bemis
– Sealed Air
– The Vacuum Pouch Company

Other prominent vendors
– Ampac Holdings
– Bischof+Klein
– Clifton Packaging
– Elliot Packaging
– Essentra PLC
– Hood Packaging
– Sonoco
– Total Pack
– Winpak

Market driver
– High film consumption by dried food and snack food
– For a full, detailed list, view our report

Market challenge
– Polypropylene price fluctuation impact on production cost
– For a full, detailed list, view our report

Market trend
– Adoption of retort and aseptic pouch packaging
– For a full, detailed list, view our report

Key questions answered in this report
– What will the market size be in 2020 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?
– What are the market opportunities and threats faced by the key vendors?
– What are the strengths and weaknesses of the key vendors?

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