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Flexible Pouch Market Size (2024 - 2029)

The flexible pouch market is experiencing significant growth due to a shift in consumer preferences from rigid to flexible packaging, driven by the demand for lightweight, convenient, and cost-effective solutions. This market expansion is supported by technological innovations and sustainability concerns, which have made flexible packaging an attractive option worldwide. The increasing need for portable and user-friendly packaging, coupled with environmental considerations, is propelling the market's development. Despite challenges posed by the COVID-19 pandemic, such as supply chain disruptions and labor shortages, the market's trajectory remains positive as it adapts to these obstacles.

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Market Size of Flexible Pouch Industry

Flexible Pouch Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.60 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Low

Major Players

Flexible Pouch Market Major Players

*Disclaimer: Major Players sorted in no particular order

Flexible Pouch Market Analysis

The Flexible Pouch Market is expecte to grow at a CAGR of 5.6% during the forecasr period (2022 - 20227). They are widely used in food packaging because they are resealable, environmentally friendly and cheaper than alternatives such as glass, metal and cardboard. The market is growing rapidly due to increasing demand for lightweight, convenient and cost-effective packaging products.

  • The change in consumer demand from rigid to flexible packaging patterns is one of the major factor contributing to the significant growth of the global pouches market. The growing preference for stand-up pouches over other rigid packaging products such as metal cans and bottles is expected to provide considerable growth opportunities for the flexible packaging market.
  • Technological innovation, sustainability concerns, and attractive economics have driven significant growth in flexible packaging worldwide over the last two decades. Growing demand for consumer-friendly packaging and enhanced product protection is expected to drive the flexible pouch market as a viable and cost-effective alternative.
  • The increasing demand is attributed to the rising need for packaging solutions that are convenient and portable. For instance, according to a European Flexible Packaging Association survey, 66% of the respondents preferred flexible packaging owing to the ease of storage. Additionally, 65% based their purchase on their ability to reseal and 60% on the ease of opening.
  • According to the data published by Flexible Packaging Europe, flexible packaging is used for packing almost 40% of food produced in Europe while using only 10% of the packaging material consumed by the packaging industry.
  • Growing awareness of the ecological impact of plastics and unsustainable business practices has led consumers to demand higher standards of environmentally friendly products. Government agencies, consumers, and environmental groups have condemned the flexible packaging industry because of the waste produced by companies within the industry.
  • The recent outbreak of COVID-19 has left flexible packaging manufacturers in a deluge of problems that are expected to be short-lived. Lockdown impacts included supply chain disruptions, unavailability of raw materials used in the manufacturing process, labor shortages, price volatility that excessive production and exceeded budgets, and shipping issues.

Flexible Pouch Industry Segmentation

Companies across the globe are more likely to choose pouches over rigid packaging products such as composite cans, containers, and boxes to reduce shipping costs due to their light weight and flexibility. The studied market is segmented based on material, type and end-user applications. The studied market briefs about the COVID-19 impact on the market and key trends adopted by the major players.

The Flexible Pouch Market is segmented by Material (Plastic, Paper, Aluminum Foil), by Type (Stand Up Pouch, Flat Pouch), by Application (Food & Beverage, Cosmetic & Personal, Automotive) and Geography

By Material
Plastic
Paper
Aluminum Foil
By Type
Stand Up Pouch
Flat Pouch
By Application
Food & Beverage
Cosmetic & Personal Care
Automotive
Other Applications
Geography
North America
Europe
Asia Pacific
Middle East and Africa
Rest of the World
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Flexible Pouch Market Size Summary

The Flexible Pouch Market is experiencing robust growth, driven by a shift in consumer preference from rigid to flexible packaging solutions. This transition is largely due to the advantages offered by flexible pouches, such as being lightweight, convenient, and cost-effective, making them an attractive alternative to traditional materials like glass, metal, and cardboard. The market's expansion is further fueled by technological innovations and a growing emphasis on sustainability, as consumers increasingly demand eco-friendly packaging options. The food and beverage industry, in particular, is a significant contributor to this growth, with emerging markets like China and India showing heightened demand due to changing lifestyles and increased awareness of health and hygiene.

The market is characterized by a fragmented landscape with key players such as Mondi Group, Sealed Air Corporation, Amcor PLC, and Sonoco Products Company leading the charge. These companies are actively investing in sustainable packaging solutions and expanding their capabilities to meet the rising demand for flexible pouches. Initiatives like the launch of paper-based packaging solutions and the development of recyclable materials underscore the industry's commitment to reducing its ecological footprint. Additionally, the COVID-19 pandemic posed challenges such as supply chain disruptions and labor shortages, but these issues are expected to be temporary. Overall, the flexible pouch market is poised for continued growth, supported by innovative solutions and a strong focus on sustainability.

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Flexible Pouch Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Introduction to Market Drivers and Restraints

    3. 1.3 Market Drivers

      1. 1.3.1 Growing Demand for Packaged Food and Beverages to Boost the Market

      2. 1.3.2 Increased Demand for Longer Shelf Life and Lifestyle Changes

    4. 1.4 Market Restraints

      1. 1.4.1 Concerns Regarding the Environment and Recycling

    5. 1.5 Value Chain / Supply Chain Analysis

    6. 1.6 Industry Attractiveness - Porter's Five Force Analysis

      1. 1.6.1 Threat of New Entrants

      2. 1.6.2 Bargaining Power of Buyers/Consumers

      3. 1.6.3 Bargaining Power of Suppliers

      4. 1.6.4 Threat of Substitute Products

      5. 1.6.5 Intensity of Competitive Rivalry

    7. 1.7 Impact of Covid-19 on the market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Material

      1. 2.1.1 Plastic

      2. 2.1.2 Paper

      3. 2.1.3 Aluminum Foil

    2. 2.2 By Type

      1. 2.2.1 Stand Up Pouch

      2. 2.2.2 Flat Pouch

    3. 2.3 By Application

      1. 2.3.1 Food & Beverage

      2. 2.3.2 Cosmetic & Personal Care

      3. 2.3.3 Automotive

      4. 2.3.4 Other Applications

    4. 2.4 Geography

      1. 2.4.1 North America

      2. 2.4.2 Europe

      3. 2.4.3 Asia Pacific

      4. 2.4.4 Middle East and Africa

      5. 2.4.5 Rest of the World

Flexible Pouch Market Size FAQs

The Flexible Pouch Market is projected to register a CAGR of 5.60% during the forecast period (2024-2029)

Sealed Air Corporation, Mondi Group, Sonoco Products Company, ProAmpac and Amcor PLC are the major companies operating in the Flexible Pouch Market.

Flexible Pouch Report Snapshots

Flexible Pouch Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)