The global sales of OPP pouches are estimated to be worth USD 9.6 billion in 2024 and anticipated to reach a value of USD 12.3 billion by 2034. Sales revenue of OPP pouches industry is projected to rise at a CAGR of 2.6% over the forecast period between 2024 and 2034. The revenue generated by OPP Pouches in 2023 was USD 9.3 billion. The industry is anticipated to exhibit a Y-o-Y growth of 2.8% in 2024.
Stand up OPP pouches are poised to dominate the global OPP pouches market, commanding almost 45% market share and are projected to generate an incremental opportunity of over USD 1 billion during the upcoming decade. Stand up OPP pouches have garnered a significant position amongst users, owing to their versatility.
Stand up OPP pouches are used across several end use industries which include food, pharmaceuticals as well as personal care products. Moreover, the design of stand up pouches not only enable a fair amount of storage but also makes it easy to store as it takes up lesser space, which consequently makes them a favorite amongst SME manufacturers.
Global OPP Pouches Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2023 | USD 9.3 billion |
| Estimated Size, 2024 | USD 9.6 billion |
| Projected Size, 2034 | USD 12.3 billion |
| Value-based CAGR (2024 to 2034) | 2.6% |
By capacity, OPP pouches ranging between 201 to 500 grams is projected to remain the most lucrative segment during the forecast period. The segment is estimated to account for over 35% of the market share in 2024 and grow at a CAGR of 2.4% till 2034.
OPP pouches with a capacity of 201-500 grams are highly popular in the food industry since they are utilized for the packaging several type of products which include snacks, cereals, dried fruits, nuts, as well as confectioneries. Additionally, the pricing of final products which are packaged in 201 to 500 gram capacity OPP pouches is more economical over smaller or larger sizes, thereby further influencing the segments growth.
By end use, the food industry is estimated holds the highest share of the market, with a value of USD 6.6 billion in 2024. This can be mainly attributed to the rapid growth of the convenient and on-the-go food market. Food packaging now increasingly caters to convenience and portability for ease of consumption. Consequently, this has pulled up the demand for OPP pouches which are used to package food products for portability and ease of consumption.
The OPP pouches industry is set to experience upward growth during the forecast period. It is projected to create an incremental opportunity of USD 2.7 billion and is predicted to rise 1.3 times the current market value through 2034.
The below table represents the expected CAGR for the global OPP pouches market over several semi-annual periods spanning from 2024 to 2034. In the first half (H1) of the year from 2023 to 2033, the business is predicted to expand at a CAGR of 2.5%, followed by a slightly higher growth rate of 2.7% in the second half (H2) of the same year.
| Particular | Value CAGR |
|---|---|
| H1 | 2.5% (2023 to 2033) |
| H2 | 2.7% (2023 to 2033) |
| H1 | 2.3% (2024 to 2034) |
| H2 | 2.8% (2024 to 2034) |
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to decrease slightly to 2.3% in the first half and remain relatively moderate at 2.8% in the second half. In the first half (H1) the market witnessed a decrease of 20 BPS while in the second half (H2), the market witnessed an increase of 10 BPS.
Growing Focus on Recyclability
Manufacturers operating in the OPP pouches market are actively investing in R&D come up with new designs which will enhance their compatibility with existing waste management systems, thereby increasingly growing sustainability concerns and aligning with modern consumer preferences.
OPP pouches have traditionally faced several challenges when it comes to recyclability due to their multi-material composition. However, in recent times, manufacturers are implementing different innovations to improve their environmental footprint.
For instance, a shift towards mono-material OPP pouches, constructed solely from recyclable OPP film, is gaining traction. Additionally, clearer labeling on OPP pouches that indicate their recyclability and proper disposal methods is becoming more prominent.
Moreover, several manufacturers are also collaborating with waste management corporations in order to better understand the features as well as limitations of current recycling systems.
Increasing Demand for Convenient and Portable Food Packaging
The fast paced lifestyle of modern consumers have significantly altered packaging choices, positively impacting the OPP packaging market. Convenient and packaged foods have become mainstream and therefore necessitates on-the-go options.
Consequently, OPP pouches owing to their lightweight design and portability are being used to package a wide array of food products which not only include single-serve snacks, but also frozen meals and chopped food products among others. Additionally, since most of these pouches are transparent, they also ensure transparency and influence purchasing decisions.
The consistently growing penetration of e-commerce is also playing a vital role in driving the market. E-commerce packaging related to food products necessitate the use of lightweight packaging over rigid options to maintain convenience and on-the-go consumption.
High Heat Sensitivity of OPP Pouches may Restrict Market Growth
The high heat sensitivity of pouches presents a significant restraint on their market growth, especially in products requiring exposure to elevated temperatures.
OPP pouches tend to deform or degrade when subjected to high temperatures. This limitation makes these pouches unusable for packaging applications that involve heat sterilization processes, such as autoclaving or hot filling, which are popular in the food, pharmaceutical, and chemical industries.
Additionally, the need for specialized storage and transportation conditions to avoid exposure to heat further complicates logistics and increases operational expenses. These factors collectively hamper the potential adoption of OPP pouches in sectors where high-temperature tolerance is crucial, consequently handling market growth.
The global OPP pouches industry recorded a CAGR of 1.8% during the historical period between 2019 and 2023. The growth of OPP Pouches industry was positive as it reached a value of USD 9.3 billion in 2023, from USD 8.8 billion in 2019. The increasing popularity of convenient and portable food options was a major driver of the OPP pouches market in the historic period.
Additionally, e-commerce witnessed rapid growth during the historic period, leading to increased adoption of OPP pouches owing to their lower profile and lighter weight over several other alternatives. This consequently propelled the demand for cement which pulled up the demand for OPP pouches.
Moreover, the focus on sustainability was also gaining ground during this time and manufacturers were increasingly seeking out packaging options with a lower footprint, consequently helping the market grow
Several of the above factors have persisted and have become some of the key factors driving the market throughout the forecast period. For instance, there has been a continued growth in the convenient and packaged food market, and e-commerce penetration across several countries have increased significantly.
Additionally, rising disposable income and rapid urbanization across both developing and developed nations, as well as advancements in packaging technology are some of the major drivers influencing the OPP pouches market during the forecast period. Overall, the OPP pouches market is projected to expand at a faster pace during the forecast period (2024 to 2034).
Tier 1 companies comprise market leaders with market revenue of above USD 50 million capturing a significant market share of 10% to 15% in the global market. These market leaders are distinguished by their extensive expertise in manufacturing OPP pouches across multiple types of capacities for different packaging formats and a broad geographical reach, underpinned by a robust consumer base.
They provide a wide range of products and solutions for multiple industries and have extensive distribution and service networks across the globe. Companies in Tier 1 comprise of Amcor Plc., Inteplast Group and Palmetto Industries International Inc.
Tier 2 companies include mid-size players with revenue of USD 10 to 50 million having presence in specific regions and highly influencing the local market. These are characterized by a nominal presence overseas and well maintained market knowledge.
These market players have good technology but not the most advanced one and provide certain types of OPP pouches for specific industries. Prominent companies in tier 2 include Ouma Industrial Limited, MTC Polymers & Packaging, and JEMCO Equipment MFG Co among others.
Tier 3 includes the majority of small-scale companies operating at the local presence and serving niche markets having revenue below USD 10 million. These companies are notably oriented towards fulfilling local market demands and are consequently classified within the tier 3 share segment.
They are small-scale players and have limited geographical reach. Tier 3, within this context, is recognized as an unorganized market, denoting a sector characterized by a lack of extensive structure and formalization when compared to organized competitors.
The section below covers the industry analysis for the OPP pouches market for different countries. Market demand analysis on key countries in several regions of the globe, including North America, Asia Pacific, Western Europe, Eastern Europe, and others, is provided.
The United States is anticipated to remain at the forefront in North America, with a value share of over 60% through 2034. In South Asia Pacific, India is projected to witness a remarkable CAGR of 4.7% by 2034.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| USA | 1.8% |
| Germany | 1.1% |
| Italy | 1.6% |
| France | 1.3% |
| UK | 1.5% |
| Spain | 2.5% |
| India | 4.7% |
| China | 3.7% |
Snacks have become mainstream in the average American’s diet with almost 50% of the population eating at least three packets of snacks in a day, as per studies conducted by the National Institute of Health (NIH).
Moreover, a poll conducted by the University of Michigan reveals that over 40% of adults between the ages of 50 and 80 is addicted to processed snacks. These statistics underscores a widespread reliance on easy-to-access food options.
Consequently, the snack industry in the USA is becoming more inclined to utilize packaging solutions capable of keep products fresh, prevent contamination, and improve visual appeal. This is driving the demand for OPP pouches which boast of good printability, and are an efficient way for brands to stand out on crowded storefronts while simultaneously satisfying consumer demands for quality and convenience.
The OPP pouches market in India is anticipated to grow at a CAGR of 4.7% throughout the forecast period.
India's food ecosystem presents tremendous investment potential with attractive fiscal incentives, supportive economic policies, and growing expansion in the food retail sector. Moreover, the Indian Government is making all the required efforts to increase investments in the food processing sector in India through the Ministry of Food Processing Industries (MoFPI).
For instance, according to Invest India, the total FDI received in the food processing sector in the last 20 years surpasses USD 12 Billion. Additionally, by 2025 the Indian food Processing market is estimated to reach USD 535 Billion and growing at a compound annual growth rate of 15.2%.
In the forecast period, there will be a significant increase in demand for affordable, transparent, and adaptable packaging options like OPP pouches owing to the growing food processing sector, the rising market for organized retail, and beneficial government regulations as well as investments.
The section contains information about the leading segments in the industry. By pouch type, stand up pouches are estimated to grow at a CAGR of 3.4% throughout 2034. Additionally, the food industry is projected to account for 68.7% of the market share in 2024.
| Pouch Type | Stand Up Pouches |
|---|---|
| Value Share (2034) | 43.6% |
Stand up pouches dominate the OPP pouches market in terms of pouch type, accounting for almost 45% of the market share in 2024. Stand up pouches are not only versatile, but also boasts of a convenient design which appeals to consumers.
Additionally, stand up pouches have become the ideal option when it comes to shelf presence and visibility, making them popular in the retail environment. The low cost of production and material efficiency for stand of pouches also influence demand amongst small and medium manufacturers.
In recent times, several manufacturers have also taken to stand up pouches since they provide sufficient surface area for high-quality printing and branding. This has allowed manufacturers to incorporate ample amount of graphics as well as detailed product information, helping them cater to a growing number of consumers who prefer ingredient transparency.
| End Use | Food |
|---|---|
| Value Share (2034) | 68.7% |
The food industry accounts for the highest share of the OPP market, amounting for almost 70% of the market share in 2024. The versatility of OPP pouches makes them suitable for a diverse array of food products, from snacks and confectioneries to ready-to-eat meals and frozen foods. This versatility has allowed food manufacturers to use a single packaging solution across various product lines, thereby simplifying packaging processes.
Additionally, the growing demand of on-the-go snacks and single-serve portions have also made OPP pouches a popular and convenient means of packaging for consumers who indulge in these products.
The majority of the manufacturers operating in the global market are focusing on the development of OPP pouches that can satisfy the regulatory requirements of multiple regions at once. Some of the other key players are aiming to come up with OPP pouches which can satiate the ESG goals of customers. Meanwhile, a few other firms are striving for additional capital to broaden their operations and aiming to generate more sales and attract a large customer base globally.
Key manufacturers in the market are focusing on expanding their geographical presence, technological innovations, meeting sustainability goals, performing mergers and acquisitions, and improving customer service to maintain their competitive edge.
Recent Industry Developments in OPP Pouches Market
In terms of material, the industry is divided into stand up pouches, flat pouches, gusset pouches, and spout pouches.
In terms of capacity, the industry is segregated into less than 200 grams, 201 to 500 grams, 501 to 1000 grams, above 1000 grams.
In terms of packaging format, the industry is segregated into food, beverages, personal care & cosmetics, pharmaceuticals, and other industrial.
Key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific, and Middle East and Africa (MEA) have been covered in the report.
The global OPP Pouches industry is projected to witness CAGR of 2.6% between 2024 and 2034.
The global OPP Pouches industry stood at USD 9.3 billion in 2023.
The global OPP Pouches industry is anticipated to reach USD 12.3 billion by 2034 end.
South Asia Pacific is set to record the highest CAGR of 4.2% in the assessment period.
The key players operating in the global OPP Pouches industry are Amcor Plc, United Bags, and Palmetto Industries International Inc.,
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OPP Pouches Market
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