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U.S. Liquid Pouch Packaging Market Size Share Is Anticipated to Register A CAGR Of 5.5% Over 2019-2024

Author : Ronak Bora | Published Date : 2019-08-08 

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.

Liquid pouch packaging market 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.

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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.

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.

A recent report put forward by Global Market Insights, Inc. Depicts Liquid pouch packaging industry in the next seven years will almost double its revenue share by 2024, having accounted USD 5.5 billion in 2016. In terms of volume, the Liquid Pouch Packaging Market is forecast to exceed 7000 kilotons by 2024. Worldwide, the industry is highly fragmented with the participation of a large number of small and medium sized manufacturers. Some of the biggies include Tetra Pak International, Weyerhaeuser Company, The DOW Chemical Company, IMPAK Corporation, Ampac, and Bemis. Though the business landscape is diversified, North America and Europe observes a strong foothold in the global liquid pouch packaging market.  Some of the strong common grounds favoring the regional market commercialization include steady population growth, extensive R&D activities, and expanded distribution channel.

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.

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/industry-analysis/liquid-pouch-packaging-market

Pillow pouches, another prominent product segment of liquid pouch packaging market, accounted for 34% of the global share in 2016. With the escalating commercialization of packaged dairy items like milk, yogurt, creams, curds, pillow pouch market is likely to chart an appreciable growth over 2017-2024. Global dairy industry which is projected to hit a massive revenue of USD 450 billion by 2024, will leave a parallel impact on liquid pouch packaging market trend as well.

Glimpse of Table of Content (ToC)

Chapter 3    Liquid Pouch Packaging Market Insights

3.1    Liquid Pouch Packaging Market segmentation

3.2    Liquid Pouch Packaging Market landscape, 2013 – 2024

3.3    Liquid Pouch Packaging Market ecosystem analysis

3.3.1    Raw material suppliers

3.3.2    Technology & machinery providers

3.3.3    Packaging manufacturers

3.3.4    Distributors & dealers

3.3.5    End users

3.3.6    Distribution channel analysis

3.3.6.1    B2B

3.3.6.2    B2C

3.3.7    Vendor matrix

3.4    Technology landscape

3.4.1    Aseptic Liquid Packaging

3.4.2    Form Fill Seal Technology

3.4.3    Blow Molding

3.4.4    SN Ultra Clean Technology

3.5    Raw material analysis

3.6    Regulatory landscape

3.6.1    The U.S.

3.6.1.1   The Fair Packaging and Labeling Act (FPLA or Act):

3.6.1.2   California's Proposition 65:

3.6.1.3   Poison Prevention Packaging Act of 1970:

3.6.2   Europe

3.6.2.1   Directive (EU) 2015/720:

3.6.2.2   EU Packaging and Packaging Waste Directive:

3.6.2.3   Packaging and Packaging Waste Directive 2004/12/EC (amending Directive 94/62/EC):

3.6.3   China

3.6.3.1   General Administration of the RPC Condition for the Supervision of Quality, the Inspection and the Quarantine (AQSIQ)

3.6.3.2   Commercial and industrial norms in China:

3.6.3.3   GB 4806.1-2016 on General Safety Requirements for Food Contact Materials and Articles (GSS).

3.7   Trends in world economy and the packaging industry

3.7.1   Premade Stand up Pouches

3.7.2   Liquid Stick Pack Applications

3.7.3   Shelf-Stable Foods

3.7.4   Pet Foods

3.7.5   Sustainable Packaging

3.7.6   Current R&D scenario on packaging

3.7.7   Demographic trends

3.8    Customer buying criteria

3.9    Pricing analysis

3.9.1    Regional pricing

3.9.1.1   North America

3.9.1.2   EU

3.9.1.3   Asia Pacific

3.9.1.4   LATAM

3.9.1.5   MEA

3.9.2   Cost structure analysis

3.10   Industry impact forces

3.10.1    Growth drivers

3.10.1.1   Increasing demand for convenient pouches

3.10.1.2   Shift in manufacturer preference towards cost effective packaging solutions

3.10.1.3   Growing requirements for brand enhancement in an increasingly competitive environment

3.10.1.4   Digital shoppers are driving change

3.10.2    Industry pitfalls & challenges

3.10.2.1   Stringent regulations on recyclability

3.10.2.2   Fluctuating raw material prices

3.11  Innovation and sustainability

3.11.1    Bag in Box technology

3.11.2    PacXpert packaging technology

3.11.3    SN Ultra Clean Technology

3.11.4    Sustainability

3.12    Growth potential analysis

3.13    Opportunity for preformed pouches in the U.S.

3.13.1    Industry Landscape

3.13.2    Price trends

3.13.3    Technology matrix

3.13.4    Critical success factors

3.13.5    Potential customers, by application

3.13.6    Channels

3.14    Porter’s analysis

3.15    Competitive landscape, 2016

3.15.1    Strategy Dashboard

3.16    PESTEL analysis

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

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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