LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global high-barrier pouches market report until 2020. This research report also lists nine other prominent vendors that are expected to impact the market during the forecast period.
Based on the global high-barrier pouches market report by Technavio, the market will grow at a steady rate with a CAGR of close to 7% in terms of volume during the forecast period. The area of focus on high-barrier packaging includes material and machinery. The availability of new materials and scope for premium pouches is the primary market driver.
According to Sharan Raj, a lead analyst at Technavio for research on packaging, “The market share of new materials is predicted to rise by 10% in the next 10 years. Although the majority of the demand is from the food sector, the non-food sector will see increased traction as the new barrier materials would be tested on non-food products for barrier efficiency. The adoption rate is high for the non-food sector and on the lower side for the food sector.”
Competitive vendor landscape
The global high-barrier pouches market is extremely fragmented because of the presence of several domestic and international vendors. The intense competition among the market vendors is by product differentiation, portfolio, and pricing. The market is driven by the increase in demand for convenience and packaged food globally. The vendors are trying to distinguish their products and service offerings through a clear and unique value proposition for remaining competitive in the market.
Some vendors like Amcor acquired Deluxe Packages (produces flexible packaging solutions) in January 2016 for USD 45 million. This newly acquired business is planned to be a part of the Amcor's Flexibles Americas business group for improving the profitable growth in the North America region.
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Top five high-barrier pouches market vendors
Service offerings of the company are listed below:
- Vacuum pouches: Provide various sizes of 3 mil vacuum pouches. Its features include consistent tear and puncture resistance, gas and moisture barrier qualities, and grease resistance
- High barrier pouches: Manufacture high barrier custom pouches in thicknesses ranging from 2.5 mil up to 6 mil. These pouches are commonly produced with colored film for the cheese market
- Boilable pouches: Provide boilable style pouches in thicknesses from 2.7 mil up to 8.0 mil. The heavier gauge pouches are usually used for bone-in meat type applications.
- Custom pouches: Provide range of specially designed films and pouches. It also provides value added pouch features hanger holes, tear notches, and gauge ranging from 2.5 mil up to 8 mil
The company's peel-open laminates are perfect packaging solution for moisture sensitive medical and pharmaceutical products, such as transdermal patches, oral dissolve strips, and diagnostics. Some of the features of its products include consistent and adjustable peelability, seal integrity for optimal product safety and convenience, evidence of seal integrity after opening of the pack, excellent output on high speed machines, and compatible with different sterilization techniques.
The company offers various types of pouches and bags. Its offerings include liquid pouch packaging; non-liquid pouch packaging; shrink bags for poultry, cheese and meat; and 40-lb. and 640-lb. bulk cheese blocks.
In the liquid and non-liquid pouch packaging, the company provides pouches in a wide array of formats, features, shapes, and fitments. Its offerings include stand-up pouches, 3-side-seal pouch, 2-side-seal pouch folded bottom, spout stand-up pouch, flat bottom stand-up pouch, shaped stand-up pouch, and stand-up pouch with face applied tap and handle. These offerings find application in the soups, on-the-go convenience snacks, wines and beverages, coffee, tea and juice, industrial products, health and cleaning products, fresh and frozen foods, and pet foods markets.
The company has expertise in offering a range of products to the packaging industry. It provides various manufacturing packaging solutions for food care products. It provides solutions for poultry, fresh red meat, dairy solids, smoked and processed meats, beverages, fish and seafood, pumpables, and fluids. Its key offerings include the following:
- Cryovac packaging materials
- Cryovac packaging systems
- Diversey hygiene products
- Diversey hygiene systems
The Vacuum Pouch Company
The Vacuum Pouch company is a supplier of vacuum packaging products, including boilable pouches, gas flushing pouches, barrier shrink bags, sous vide pouches, thermoforming films, standup pouches, and tray lidding films. The company supplies vacuum packaging products to the food and non-food industry.
Browse Related Reports:
- Global High Barrier Packaging Film Market 2016-2020
- Global Stand-up Pouches Market 2016-2020
- Global Insulated Packaging Market 2016-2020
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