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Pouches Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: May 2022
  • Pages: 141
  • SKU: IRTNTR40142
Technavio

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According to Technavio's analyst, the pouches market size is expected to be valued at USD 12.92 billion by 2026 with a progressing CAGR of 5.37%.

This pouches market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers pouches market segmentation by:

  • Type - Flat, Stand up, Spout, and Others
  • Geography - APAC, North America, Europe, South America, and Middle East and Africa

The pouches market vendors are - 3M Co., Amcor Plc, American Packaging Corp., Berry Global Inc., CCL Industries Inc., Clifton Packaging Group Ltd., Constantia Flexibles Group GmbH, Coveris Management GmbH, Dai Nippon Printing Co. Ltd., Huhtamaki Oyj, Mondi plc, MONTANA TECH COMPONENTS AG, Nabtesco Corp., Polymer Packaging Inc., ProAmpac Intermediate Inc., Sealed Air Corp., Smurfit Kappa Group, Sonoco Products Co., UFlex Ltd., and Winpak Ltd. among others.

What will the Pouches Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Pouches Market Size for the Forecast Period and Other Important Statistics

 

Pouches Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The rising focus on improving the shelf life of products is notably driving the pouches market growth, although factors such as increasing focus on reducing the use of plastic packaging may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the pouches industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Pouches Market Driver

One of the key factors driving growth in the pouches market is the rising focus on improving the shelf life of products. Shelf life is the period for which a product can be stored before it is used or consumed. Increasing the shelf life of products helps manufacturers keep them unspoiled for a longer time, thereby reducing the wastage of the product. It will also aid in the transportation and export of perishable products such as food, beverages, and medicines to different places without any damage. The need to extend the shelf life of food items and reduce their waste has led to the emergence of resealable flexible plastic packaging, which can be reclosed after use. The rise in the availability of such new products with added features is likely to increase the demand for pouches during the forecast period.

Key Pouches Market Trend

The increasing vendor initiatives to promote sustainable packaging is a pouches market trend that is expected to have a positive impact in the coming years. The growing environmental concerns among people and government organizations are shifting their focus toward sustainable packaging. Biopolymer-based plastics are one of the emerging solutions for achieving sustainability. Biopolymers are renewable plastic materials manufactured from biomass. The demand for biodegradable plastic products is increasing rapidly in industrial and consumer goods applications, especially in the packaging industry. Product developments by some of the polymer manufacturers will also encourage other polymer manufacturers to introduce innovative products to remain competitive in the market. Hence, the increased emphasis on sustainable packaging will positively influence the growth of the global pouches market during the forecast period.

Key Pouches Market Challenge

The increasing focus on reducing the use of plastic packaging will be a major challenge for the pouches market during the forecast period. The environmental impact associated with packaging is a major factor of concern in the global packaging market. Plastics are non-biodegradable in nature and remain in the environment for a long time. Plastic food packaging waste is one of the major contributors to packaging waste in the world. Most of the flexible plastic packaging is made up of certain materials that are very difficult to decompose. As plastic is one of the major reasons for landfills, various international regulatory bodies and governments across the world are making norms and introducing initiatives for reducing plastic waste. Despite pouches being extremely efficient in protecting products, their demand may decline during the forecast period due to the rise in focus on reducing the use of plastics in packaging.

This pouches market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global pouches market as a part of the global metal and glass containers market within the overall global containers and packaging market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the pouches market during the forecast period.

Who are the Major Pouches Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 3M Co.
  • Amcor Plc
  • American Packaging Corp.
  • Berry Global Inc.
  • CCL Industries Inc.
  • Clifton Packaging Group Ltd.
  • Constantia Flexibles Group GmbH
  • Coveris Management GmbH
  • Dai Nippon Printing Co. Ltd.
  • Huhtamaki Oyj
  • Mondi plc
  • MONTANA TECH COMPONENTS AG
  • Nabtesco Corp.
  • Polymer Packaging Inc.
  • ProAmpac Intermediate Inc.
  • Sealed Air Corp.
  • Smurfit Kappa Group
  • Sonoco Products Co.
  • UFlex Ltd.
  • Winpak Ltd.

 

This statistical study of the pouches market encompasses successful business strategies deployed by the key vendors. The pouches market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • 3M Co. - 3M Co. is a public company headquartered in US. It is a global company generating $35,355 million in revenues and has around 95,000 employees. Its revenue from the global pouches market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. 
  • 3M Co. - The company offers pouches that includes enrichment pouch white, 3m enrichment pouch with 225 ml lactose broth qelac225, 3m enrichment pouch with 225 ml tryptic soy broth qetsb225, 3m enrichment pouch with 225 ml buffered peptone water brot. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The pouches market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Pouches Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the pouches market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Pouches Market?

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46% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for pouches in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rapidly expanding end-user industries such as e-commerce, FMCG, and personal care will facilitate the pouches market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic adversely affected the growth of several end-user industries, including food and beverage. However, the increase in the number of COVID-19 cases across the region positively impacted the growth of the regional pouches market in the healthcare industry. Thus, there was an increased demand for pouches for the packaging of pharmaceutical drugs. 

What are the Revenue-generating Type Segments in the Pouches Market?

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The pouches market share growth by the flat segment will be significant during the forecast period. There are several types of flat pouches, such as clear flat pouches, foil flat pouches, flat vacuum pouches, flat pouches with valve, metalized flat pouches, and three-side seal and four-side seal flat pouches. Among these types of pouches, the three-side seal and flat vacuum pouches are preferred by most of the customers, owing to their versatility in label and valve placement while maintaining the strength of the pouch. Therefore, the several advantages of flat pouches are expected to drive the growth of this segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the pouches market size and actionable market insights on post COVID-19 impact on each segment.

 

Pouches Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.37%

Market growth 2022-2026

$ 12.92 billion

Market structure

Fragmented

YoY growth (%)

4.51

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 46%

Key consumer countries

US, Canada, China, India, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

3M Co., Amcor Plc, American Packaging Corp., Berry Global Inc., CCL Industries Inc., Clifton Packaging Group Ltd., Constantia Flexibles Group GmbH, Coveris Management GmbH, Dai Nippon Printing Co. Ltd., Huhtamaki Oyj, Mondi plc, MONTANA TECH COMPONENTS AG, Nabtesco Corp., Polymer Packaging Inc., ProAmpac Intermediate Inc., Sealed Air Corp., Smurfit Kappa Group, Sonoco Products Co., UFlex Ltd., and Winpak Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Pouches Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive pouches market growth during the next five years
  • Precise estimation of the pouches market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the pouches industry across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pouches market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Flat - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Flat - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Flat - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Flat - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Flat - Year-over-year growth 2021-2026 (%)
    • 5.4 Stand up - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Stand up - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Stand up - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Stand up - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Stand up - Year-over-year growth 2021-2026 (%)
    • 5.5 Spout - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Spout - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Spout - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Spout - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Spout - Year-over-year growth 2021-2026 (%)
    • 5.6 Others - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Type
      • Exhibit 44: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 India - Market size and forecast 2021-2026
      • Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.12 Canada - Market size and forecast 2021-2026
      • Exhibit 86: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 90: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 93: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 94: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 95: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 96: Matrix on vendor position and classification
            • 10.3 3M Co.
              • Exhibit 97: 3M Co. - Overview
              • Exhibit 98: 3M Co. - Business segments
              • Exhibit 99: 3M Co. - Key news
              • Exhibit 100: 3M Co. - Key offerings
              • Exhibit 101: 3M Co. - Segment focus
            • 10.4 Amcor Plc
              • Exhibit 102: Amcor Plc - Overview
              • Exhibit 103: Amcor Plc - Business segments
              • Exhibit 104: Amcor Plc - Key news
              • Exhibit 105: Amcor Plc - Key offerings
              • Exhibit 106: Amcor Plc - Segment focus
            • 10.5 Berry Global Inc.
              • Exhibit 107: Berry Global Inc. - Overview
              • Exhibit 108: Berry Global Inc. - Business segments
              • Exhibit 109: Berry Global Inc. - Key news
              • Exhibit 110: Berry Global Inc. - Key offerings
              • Exhibit 111: Berry Global Inc. - Segment focus
            • 10.6 Coveris Management GmbH
              • Exhibit 112: Coveris Management GmbH - Overview
              • Exhibit 113: Coveris Management GmbH - Product / Service
              • Exhibit 114: Coveris Management GmbH - Key offerings
            • 10.7 Huhtamaki Oyj
              • Exhibit 115: Huhtamaki Oyj - Overview
              • Exhibit 116: Huhtamaki Oyj - Business segments
              • Exhibit 117: Huhtamaki Oyj - Key offerings
              • Exhibit 118: Huhtamaki Oyj - Segment focus
            • 10.8 Mondi plc
              • Exhibit 119: Mondi plc - Overview
              • Exhibit 120: Mondi plc - Business segments
              • Exhibit 121: Mondi plc - Key news
              • Exhibit 122: Mondi plc - Key offerings
              • Exhibit 123: Mondi plc - Segment focus
            • 10.9 Sealed Air Corp.
              • Exhibit 124: Sealed Air Corp. - Overview
              • Exhibit 125: Sealed Air Corp. - Business segments
              • Exhibit 126: Sealed Air Corp. - Key news
              • Exhibit 127: Sealed Air Corp. - Key offerings
              • Exhibit 128: Sealed Air Corp. - Segment focus
            • 10.10 Smurfit Kappa Group
              • Exhibit 129: Smurfit Kappa Group - Overview
              • Exhibit 130: Smurfit Kappa Group - Business segments
              • Exhibit 131: Smurfit Kappa Group - Key news
              • Exhibit 132: Smurfit Kappa Group - Key offerings
              • Exhibit 133: Smurfit Kappa Group - Segment focus
            • 10.11 Sonoco Products Co.
              • Exhibit 134: Sonoco Products Co. - Overview
              • Exhibit 135: Sonoco Products Co. - Business segments
              • Exhibit 136: Sonoco Products Co. - Key offerings
              • Exhibit 137: Sonoco Products Co. - Segment focus
            • 10.12 Winpak Ltd.
              • Exhibit 138: Winpak Ltd. - Overview
              • Exhibit 139: Winpak Ltd. - Business segments
              • Exhibit 140: Winpak Ltd. - Key offerings
              • Exhibit 141: Winpak Ltd. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 142: Inclusions checklist
                • Exhibit 143: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 144: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 145: Research methodology
                • Exhibit 146: Validation techniques employed for market sizing
                • Exhibit 147: Information sources
              • 11.5 List of abbreviations
                • Exhibit 148: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              The pouches market market growth will increase by $$ 12.92 bn during 2023-2026.
              The pouches market market is expected to grow at a CAGR of 5.37% during 2023-2026.
              Technavio has segmented the pouches market market by type (Flat, Stand up, Spout, and Others) ,geography (APAC, North America, Europe, South America, and Middle East and Africa) , and geographic (APAC, North America, Europe, South America, and MEA).
              3M Co., Amcor Plc, American Packaging Corp., Berry Global Inc., CCL Industries Inc., Clifton Packaging Group Ltd., Constantia Flexibles Group GmbH, Coveris Management GmbH, Dai Nippon Printing Co. Ltd., Huhtamaki Oyj, Mondi plc, MONTANA TECH COMPONENTS AG, Nabtesco Corp., Polymer Packaging Inc., ProAmpac Intermediate Inc., Sealed Air Corp., Smurfit Kappa Group, Sonoco Products Co., UFlex Ltd., Winpak Ltd. are a few of the key vendors in the pouches market market.
              APAC will register the highest growth rate of 46% among the other regions. Therefore, the pouches market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • Canada
              • China
              • India
              • Germany
              The key factors driving the pouches market market growth are:
              • Rising focus on improving the shelf life of products
              • Increasing vendor initiatives to promote sustainable packaging
              The pouches market market vendors should focus on grabbing business opportunities from the flat segment as it accounted for the largest market share in the base year.
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