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Europe Liquid Pouch Packaging Market Size in Europe will witness over 5.6% CAGR up to 2024

Author : Rahul Sankrityayan | Published Date : 2019-11-11 

Europe Liquid Pouch Packaging Market is predicted to observe healthy CAGR during the forecast period. Necessity for the small and convenient packing solutions due to changing lifestyles are the factors fueling the product scope. Increasing food safety awareness among consumers along with regulatory compliance will drive the regional demand.

Flexible liquid pouch packaging market was worth over USD 5.3 billion in 2016. High flexibility has enhanced the easy handling particularly while travelling. Ease in colourful printing & labelling due to flexible product design has further enhanced the industry demand.

Browse key industry insights spread across 800 pages with 944 market data tables & 26 figures & charts from the report, “Liquid Pouch Packaging Market” in detail along with the table of contents @ https://www.gminsights.com/pressrelease/liquid-pouch-packaging-market

Treading on the path of innovation, Liquid Pouch Packaging Market will continue to carve a profitable road map in the coming years. A paradigm shift in consumer preference toward liquid diet has been observed lately in the beverage industry, a key trend driving the global market demand. This is quite evident from the increased consumer spending in energy drinks, which almost touched USD 40 billion in 2016. As consumers become more conscious about the quality of the food purchase, it is imperative that they choose to seek sustainability and convenience in packaging. Liquid pouch packaging not only provide safety, sustainability, and barrier protection, but its high flexibility and low weight make it highly convenient.  These added unique functionalities add a marketability label to these packaging solutions.

Polyester Market is estimated to exceed 550 kilo tons volume by 2024. Growing demand for polyester based resins from food & beverages, personal care and home care industries will drive the industry growth. Low production costs along with superior properties have enhanced the product scope.

Food and beverages is expected to witness growth at over 7.6% up to 2024. Changing eating habits and lifestyle of customers owing to hectic schedule has increased the processed and packaged food demand globally.

Based on product landscape, stand up liquid pouch packaging market crossed the billion-dollar business fraternity in 2016 and the trend is likely to continue, taking into consideration the increasing adoption of these pouches across myriad end use domains. The huge growth of the market can be credited to the products’ capability of imparting an aesthetic appearance to food products along with minimal space requirement.

Pillow liquid pouch packaging market was valued over USD 2.09 billion in 2016. Improved barrier against oxygen & moisture coupled with low cost will encourage the product demand. Strong outlook in diary industry including milk, curd, yogurt and cream products will drive the industry demand.

The U.S. liquid pouch packaging market revenue was valued around USD 1.24 billion in 2016. Expansion in the bakery and confectionary industry will fuel the industry. Rising demand for convenient packages along regulatory compliance are the key factors driving the product demand.

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Table Of Content For This Research Report:

Chapter 4   Liquid Pouch Packaging Market, By Packaging

4.1   Global liquid pouch packaging market share by packaging ,2016 & 2024

4.2   Rigid

4.2.1   Market estimates and forecast, 2013 – 2024, (Kilo Tons) (USD Million)

4.2.2   Market estimates and forecast from rigid, by region, 2013-2024 (Kilo Tons) (USD Million)

4.3   Flexible

4.3.1   Market estimates and forecast, 2013 – 2024, (Kilo Tons) (USD Million)

4.3.2    Market estimates and forecast from flexible, by region, 2013-2024 (Kilo Tons) (USD Million)

Asia-Pacific is the fastest growing region and was valued over USD 2.67 billion in 2015. Improving economic conditions and rising disposable income in India and China will support the industry. Growth in pharmaceuticals, cosmetic and food & beverage industry will propel the product penetration. Increasing online sales due to expansion in e-commerce industry will drive the regional demand.

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/liquid-pouch-packaging-market

Global liquid pouch packaging market is fragmented owing to presence of numerous regional manufacturers. Some of key players are Swiss Pack, Steripack, Bemis, Constantia and Amcor. Several other industry participants are Adam Pack, Comar, Elopak, Evergreen, IPI, Liqui-Box, Nippon Paper Industries, Refresco Gerber, SIG Combibloc, Tetra Laval, Tetra Pak, Tide Pak and Tri-Wall.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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