The Worldwide Inverted Pouch Industry is Expected to Reach $22.4 Million by 2031 - ResearchAndMarkets.com
The Worldwide Inverted Pouch Industry is Expected to Reach $22.4 Million by 2031 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Inverted Pouch Market By Material, By Capacity, By End user: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The global inverted pouch market was valued at $10,640.0 thousand in 2021, and is projected to reach $22,418.2 thousand by 2031, registering a CAGR of 7.6% from 2022 to 2031.
Inverted pouch, is a type of flexible packaging, which is able to stand erect on its bottom for display, storage, and use. It is a type of plastic bag that sometimes also has plastic bottle characteristics.
Inverted pouch is a new type of packaging that is compact in size, inexpensive, and accessible to all. Family-sized containers are more expensive than sachet-packed products. As a result, the number of small, personalized packages has increased to fulfill needs of all levels of society.
Inverted pouch is often flat, rather than circular or oval, and has two or three size openings. Growth in need for tiny, convenient packaging in foods & beverages, medicines, cosmetics & personal care, healthcare, and hygiene products has led to rise in demand for inverted pouch.
Moreover, rise in the number of retail industries and investments by key players for development of eco-friendly & recyclable packaging material is leading to drive the inverted pouch market growth. Availability of alternatives such as flexible packaging, stick packaging, and strict government rules regarding usage of non-plastics and fluctuation in price of raw materials limits the market growth.
Major players are adopting product launch and acquisition as key developmental strategies to improve their product portfolio of the inverted pouch market. For instance, in February 2022, ProAmpac announced that it has acquired Belle-Pak Packaging, an award-winning manufacturer of inverted pouch products.
This acquisition expands its growing presence in Canada and extends its reach in high growth e-commerce, healthcare, and logistics. This is expected to improve the product portfolio of the company.
Key Benefits
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the inverted pouch market analysis from 2021 to 2031 to identify the prevailing inverted pouch market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the inverted pouch market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global inverted pouch market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Material
- Polyolefin
- Metalized Aluminum
- Ethylene Vinyl Alcohol
- Others
By Capacity
- Below 150 ml
- 150-500 ml
- 500 ml -1 Liter
- Above 1 Liter
By End user
- Food
- Personal Care
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Amcor Plc
- APTAR
- Cheer Pack
- Constantia
- Coveris
- Glenroy Inc.
- Goglio SpA
- Mattpack Inc.
- Mondi plc
- Polymer Packaging Inc.
- Pouches Inc
- ProAmpac
- Sealed Air Corporation
- Semco S.A.M.
- Universal plastics bag co.
- Viking Masek
- VOLPAK industries
For more information about this report visit https://www.researchandmarkets.com/r/zb7jvl-pouch?w=4
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