Four Side Flat Pouch Market Size
Global Four Side Flat Pouch Market size was worth at over USD 5 billion in 2017 and will surpass USD 8 billion by 2024.
The product's low cost, light weight, and ease of transport are the main reasons why people want it. The four-side flat pouch market share will grow over the next few years since it can be used in a lot of different industries, such food and drink, personal care, and industry. The growing need for protective packaging, especially for food that is ready to cook, has made the product more popular. This is because busy schedules, especially in cities, will drive up demand for the goods.
The need for easy-to-use packaging has grown since individuals are traveling more and their lifestyles are changing. The four-side seal pouch packaging is in high demand since it is flexible and easy to carry. The main things that are making the industry flourish are the product's strong vacuum finish and sealing strength compared to alternative packaging materials. The need for attractive packages and longer shelf life has also increased demand for the product over the anticipated period.
The four-side flat pouch market share is likely to expand as more people in developing countries want packaged foods and drinks. Also, the industry's demand has gone up since more people want lightweight packaging. The shifting eating patterns and the growing interest in fast food will help the firm develop even more.
| Report Attribute | Details |
|---|---|
| Base Year | 2017 |
| Four Side Flat Pouch Market Size in 2017 | 5 Billion (USD) |
| Forecast Period | 2018 to 2024 |
| 2024 Value Projection | 8 Billion (USD) |
| Historical Data for | 2013 to 2017 |
| No. of Pages | 300 |
| Tables, Charts & Figures | 288 |
| Segments covered | Material, Application, and Region |
As technology and new products improve, the design and usefulness of the product are expected to drive the growth of the four side flat pouch market. Products that are sealed on all sides look better than other types of packaging. The rise of the organized retail industry has led to a boom in the industry.
Brand owners are increasingly choosing convenient packaging to position, set their products apart, and promote them. This will help their businesses develop. People want to travel with big space pouches, and the prices of raw materials for polymers are often changing, which makes it hard for the sector to thrive. Strict government rules about how recyclable packaging materials are may make demand for the business even lower.
Four Side Flat Pouch Market Analysis
In 2017, polyethylene made up almost 50% of the total market for four-side flat pouches. High flexibility, better resistance to heat and chemicals, and better insulation are some of the main reasons why people want polyethylene. Polyethylene is cheaper to make than other polymers, which is why manufacturers choose to use it for packaging.
The price of polypropylene will go up by more than 6.5% every year until 2024. The product's strong heat resistance, low density, and high clarity and durability are some of the main reasons why people want it. The industry has grown because more people want propylene since it can keep gasses, smells, and moisture out.
By 2024, the food and drink industry is expected to be worth more than $5.3 billion. The demand for packaged foods and drinks has gone up since the economy is doing well. The product penetration has gone up because more people are using ready-to-eat food.
Four side flat pouch market from personal care application is anticipated to observe growth at over 7% up to 2024. Consumers tend to spend more on personal care products owing to the growing disposable income has fuelled the industry size. Increasing personal care products demand due to its various usage in hair care, skin care, make-up and oral care is driving the industry growth.
Europe four side flat pouch market accounted for over 28% share in 2017. Increasing travel and tourism industry sector in Germany, Italy, UK and France has led to four side flat pouch market growth. Fast paced lifestyle coupled with increasing consumer preferences for small and convenient packages will fuel the business growth. Rapid replacement of flexible packaging over conventional metal cans and bottles mainly for detergents, baby food and pet food will support the industry growth.
Asia Pacific four side flat pouch market will witness growth at over 7% over the forecast timeline. Growing population along with increasing per capita income has enhanced the product penetration. Rising demand for ready to cook food products coupled with increasing penetration of packing in urban areas will drive the product demand.
Four Side Flat Pouch Market Share
Global four side flat pouch market share is highly fragmented with the presence of large number of local as well as international players.
- The Dow Chemical Company
- Smurfit Kappa
- Smart Pouches
- SN German Pouches Pack Technology
- Swiss Pac
- Ampac
- Frain Group
- Pakona
- Fresco
- Coffeebags.co.za
- Shrunchi Packing
The manufacturers are focused on adoption of several growth and expansion strategies including mergers and acquisitions, joint ventures, supply agreements, new product launches and product portfolio expansion to improve their industry foothold.
Industry Background
Four side flat pouch is gaining popularity due to its low price and strong sealing strength. They are completely sealed on all sides offering a uniform appearance and improved product protection. It has strong vacuum finish and sealing strength than the other pouches. These are ideal for bulk coffee packaging, gift packs and food items including smoked or dried meats. The products can be used for various products including granules, creams, liquids or powders as it offers an optimal packaging solution.
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