Market outlook of stick packaging market
Technavio’s market research analysts predict the global stick packaging market to surpass USD 297 million in terms of revenue by 2019.
The market will grow moderately during the forecast period because of the boom in the retail industry coupled with a rise in disposable incomes of consumers. The US is the largest revenue contributor to this market as large-scale manufacturing processes are carried out in the country. However, the market in countries in the APAC region such as China and India are also expected to grow rapidly due to increased economic development in these countries.
Segmentation of global stick packaging market by end-user
- Food and beverages
- Pharmaceuticals
- Consumer goods
- Others
The food and beverage industry is a major consumer of stick packaging as products in this industry are fast moving and need to be light to reduce transportation costs and facilitate instant disposals.
Stick packs are usually made of aluminum, polyethylene (PE), or paper. They can be molded into various shapes and sizes. These packs provide flexibility, which facilitates ease of consumption, storage, and transportation. Stick packaging is versatile and ideal for graphic printing.
Market forecast of global stick packaging market by geography
- APAC
- North America
- Europe
- ROW
Increasing demand for food and beverages and proliferation of retail products, especially groceries, in both Western and Eastern Europe are projected to have a positive effect on the market. High consumption of tea in the region also contributes to market growth. Tea bags account for more than 90% of the total market in Germany.
Europe is the second largest market in the global pharmaceutical packaging market. Germany, France, and Russia are the major revenue contributors. Stick packaging is gaining popularity in the region, especially for the packaging of capsules.
Leading countries of the market:
Source: Technavio research
Leading vendors analyzed in this report
- Amcor
- Constantia Flexibles
- Huhtamaki
- Mondi
- Sonoco
The other prominent market vendors featured in this report include Aaron Thomas, Bemis, Bosch, GreenSeed, GSC Packaging, PNP Pharmaceuticals, Selo, Turpack, UDG Healthcare, WePackItAll, and Winpak.
Key questions answered in the report
- What are the key factors driving the global stick packaging market?
- What are the key market trends impacting the growth of the global stick packaging market?
- What are the various opportunities and threats faced by the vendors in the global stick packaging market?
- Trending factors influencing the market shares for EMEA, APAC, and Americas?
- Key outcome of the five forces analysis on the global stick packaging market?
- Growth forecast of the global stick packaging market until 2019?
Technavio also offers customization on reports based on specific client requirement.
Related reports
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
PART 05: Market landscape
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by application
- Segmentation of global stick packaging market by types of end-users
- Global stick packaging market in F&B industry
- Global stick packaging market in pharmaceuticals industry
- Global stick packaging market in consumer goods industry
- Global stick packaging market in other industries
PART 07: Geographical segmentation
- Segmentation of global stick packaging market by geographies
- Stick packaging market in North America
- Stick packaging market in APAC
- Stick packaging market in Europe
- Stick packaging market in ROW
PART 08: Key leading countries
PART 09: Market drivers
- Market growth drivers
- Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
- Competitive scenario
- Key vendor ranking
- Other prominent vendors
PART 14: Key vendor analysis
- Amcor
- Constantia Flexibles
- Huhtamaki
- Mondi
- Sonoco
PART 15: Appendix