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Stand-Up Pouch Valves Market In-depth Insights by Regional Outlook, Segments, Applications & Forecast over 2019 - 2024

Author : Rahul Varpe | Published Date : 2019-05-02 

Global Market Insights provides a detailed overview of Stand-Up Pouch Valves market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of Stand-Up Pouch Valves market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

Stand-Up Pouch Valves Market in Asia Pacific accounted for more than 35% of the stand-up pouch spouts market share in 2016. Cost-effectiveness and packaging durability are among key factors driving regional demand. Moreover, growth in food & beverages and household care industry will support the product demand.

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Potential applications in retort and shaped pouches to improve product convenience will propel the stand-up pouch valves market growth. Changing food habits and hectic schedules have further increased the necessity for product convenience, thus influencing demand for pouch with spouts. Improved functions including mess free dispensing, easy opening, self-feeding and reseal-ability are among key factors driving industry growth.

Technological advancement in packaging machinery enabling spout welding on pouches along with frequent packaging design innovations will further support industry demand. Increasing adoption of less space consuming flexible packaging with fitments among manufacturers to reduce transportation cost will propel product penetration. Strong outlook in several end-use industries including food & beverages and household & personal care industry will drive stand-up pouch spouts market.

Corner stand-up pouch valves market catered for over 70% of the industry share in 2016. Improved ease in dispensing and enhanced mess free consumption due to convenient pouring position has enhanced the product demand. Moreover, additional fitments including side notches and handles particularly used in industrial application will further support industry growth.

Form Fill & Seal technique accounted for over 45% of the global demand in 2016. Highly automated assembly line with multi-purpose functions including valve installation are the key factors driving the industry growth. Technological advancements including computer interfaces and control systems further enhanced the stand-up pouch valves market demand.

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Stand-up pouch spouts with aluminum foil market will observe CAGR exceeding 6.5% up to 2024. Enhanced hygiene, air tightness & moisture resistance features preserving flavors and freshness for longer time will drive industry demand. Rising product adoption mainly among household care & personal care companies will propel product scope.

Food & beverages applications are expected to grow at over 6.5% up to 2024. High product adoption scope in sauces, baby food and sticky & pasty products are the key factors fueling stand-up pouch spouts market growth. Rising packaged food demand due to growing consumer income will provide positive outlook for industry growth.

Global stand-up pouch valves market share is highly fragmented owing to the presence of large number of international as well as regional industry players. Scholle IPN, Menshen, Falakpack, Glenroy, Pacificbag, Smurfit Kappa, Liqui-Box, Wilk Group, Swisspack and Gualapack Group are among key industry players. Collaborations and supply agreements with pouch manufacturers along with mergers & acquisitions are major strategies adopted by manufacturers.

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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

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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