High-Barrier Pouches Market Size
Global High-Barrier Pouches Market size was worth over USD 1.5 billion in 2016 and will surpass 650 kilo tons by 2024.
The high-barrier pouches industry has grown because more people want sustainable and convenient lives and because products need to last longer. Possible uses in the food, drink, and pet food industries will help the industry flourish. By 2020, the global food packaging market is expected to be valued more than $300 billion.
People are more likely to buy packaged foods because they are busy, which is a big reason why the sector is growing. The high-barrier pouches industry will grow because more people want home care goods including liquid detergents, diluted bleach, and softeners. New features including resealable zippers, spouts, sliders, notches, and handles will help keep demand for the product high.
The high-barrier pouches market will grow because companies are investing more on research and development and coming up with new ways to make their packaging more appealing, such as spouted packaging. The growth of organized retail, especially in developing countries, will help the product spread. The industry's demand has gone up since more people want pasteurized and sterilized items because they protect better.
| Report Attribute | Details |
|---|---|
| Base Year | 2016 |
| High-Barrier Pouches Market Size in 2016 | 1.5 Billion (USD) |
| Forecast Period | 2017 to 2024 |
| 2024 Value Projection | 2.5 Billion (USD) |
| Historical Data for | 2013 to 2016 |
| No. of Pages | 350 |
| Tables, Charts & Figures | 350 |
| Segments covered | Product, Material, Application, Film Layer and Region |
Faster machine speeds and shorter heating times, especially in retort applications, are two important reasons that are driving the product scope. Also, improvements in coatings and protective film substrates that make them more heat-resistant and strong will help the business thrive.
The growing popularity of stand-up pouch packaging will drive up demand for products since it looks better on shelves, is easy to carry, is very flexible, and is light. Growing worries about the environment and problems with polymers breaking down could slow the growth of the sector. But the fact that more things can be recycled and the rise of biodegradable plastics will be good for the expansion of the industry.
High-Barrier Pouches Market Analysis
The standup pouches market was worth more than $650 million in 2016. The main reasons why standup products are better than regular packaging are that they can stand up, take less time to retort and sterilize, and are easy to handle. The demand for the business will grow as more products are used in pet food, dried food, and snack food packaging. Also, better shelf appearance, better taste and nutritional content retention, and energy efficiency have all made the product more useful.
In 2016, four side seal made up more than 25% of the total market share. The industry's demand has been helped by the fact that packaging can now come in dry, liquid, and paste forms. The product's range has grown, especially in business settings, thanks to its improved ease of use and portability.
By 2024, polyethylene is expected to make more than 150 kilotons. The main things that are driving growth in the business are better film stiffness and moisture protection, which help products last longer. The growing demand for low density polyethylene (LDPE), especially from the food and beverage and industrial sectors, will drive the growth of the high-barrier pouches market.
Polypropylene will observe gains over 5% up to 2024, owing to its significant properties including improved lucidity and crystal clarity enhancing the product image. Excellent protection against moisture, vapours along with chemical resistance to preserve taste and freshness of packed food will create new opportunities for industry growth.
Beverages market will witness CAGR over 5.5% up to 2024. Increasing consumer preference for fruit juices, owing to rising health consciousness will propel the industry growth. Strong outlook in dairy products, energy drinks, powdered instant drinks, juices and wine will provide positive outlook for product demand.
Food industry will witness gains over 5% up to 2024. Changing food habits coupled with inclination towards snack food, confectionery and fast food will support industry growth. Increasing necessity for protective packaging particularly for processed meat and ready to eat food products has enhanced product penetration. Improved safety of retort as well as non-retort food is key fuelling factor of product demand.
Five-layer accounted for more than 55% of industry share in 2016. Five-layer high-barrier pouches commonly consist EVOH, polyethylene, polypropylene or polyamide layers providing excellent flex-crack resistance. Superior durability, gas prevention and excellent strength are key properties enhancing the product demand.
Seven-layer high-barrier pouches market will witness gains over 5.5% up to 2024. Increasing product usage in food, beverages and industrial applications due to customized packaging solution including several layers will drive business growth. Protection of aroma, freshness, flavour and taste of packaging content are supporting factors of product demand.
Europe dominated the high-barrier pouches market share accounting for over 35% in 2016. Shifting preference for pouch packaging over conventional bottles and metal cans particularly in baby food, detergents, chemicals and pet food will propel industry growth. Fast-paced lifestyle coupled with growth in confectionery packaging industry are key factors supporting product demand.
APAC was valued over USD 450 million in 2016. Increasing consumption of ready-to-eat food products accompanied by growth in population are the major factors driving regional demand. Rising penetration of packaging industry particularly in rural regions will support industry growth. Shifting manufacturer preference towards flexible packaging coupled with presence of large number of manufacturing facilities will drive high-barrier pouches demand.
North America will witness growth over 6.5% in terms of revenue up to 2024. Increasing consumer preference for liquid diet particularly in the U.S. will propel industry demand. U.S. food packaging sales surpassed 35 billion units in 2016. Regulatory compliance along with increasing preference for convenience packaging will drive regional demand.
High-Barrier Pouches Market Share
Global high-barrier pouches market share is fragmented with presence of numerous local and international players.
- American Pouch
- Bemis
- Amcor
- Vacuum Pouch Company
- Sealed Air
are key industry players. Other notable players include
- Ampac Holdings
- Clifton Packaging
- Bischof+Klein
- Essentra PLC
- Elliot Packaging
- Sonoco
- Hood Packaging
Extensive R&D to develop improved product quality along with coating innovations will drive the industry share. Automation in packaging process, product portfolio expansion, mergers & acquisitions, collaborations and supply agreements are among major strategies adopted.
Industry Background
High-barrier pouches are a form of flexible packaging, witnessing increasing demand due to superior properties. Permeability of oxygen, carbon dioxide and water vapour in conventional packaging leading to content damage has enhanced product demand. Shifting lightweight trends in packaging industry has enhanced demand for pouch packaging. Emergence of multilayer films to improve durability, strength and protection of products has fuelled industry growth. Increasing retailer choice for decorative packaging to improve retail shelves will propel product demand. Technological advancement and extensive R&D have enabled sustainable and environment friendly solutions with reduced material wastage.
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