Pre-made Pouch Packaging to Capture Market Share as Flexible Packaging Gains Ground
Pre-made pouch packaging solutions are gaining ground as they are lightweight, aesthetically appealing, and convenient to carry. The visual appeal of these pouches aids in stirring consumer interest and achieving product differentiation. Hence, brand owners are preferring pre-made pouch packaging solutions over their rigid counterparts. Furthermore, pre-made pouch packaging manufacturers are focusing on offering pouches, which are easy-to-open, easy-to-close, and re-sealable. They are also providing specific fitments and closures so as to reach out to more and more applications. Future Market Insights’ analysis is aimed to provide a holistic view of the evolution of the pre-made pouch packaging landscape.
Pre-made Pouch Packaging Market – Key Research Findings
The global pre-made pouch packaging market size in 2018 – Nearly US$ 8.7 Bn.
The pre-made pouch packaging market is expected to witness a CAGR of over 4.0%, during 2019-2029.
Europe is expected to lead the global pre-made pouch packaging market in terms of market value share, accounting for nearly 1/4 of the global market.
Europe is expected to represent an incremental $ opportunity of US$ 1 Bn, by the end of 2029.
Among various material types, the plastic segment led the charts, followed by aluminum laminates, in 2018. This prominence can be attributed to sustained preference for PE in the manufacturing of pre-made pouch packaging.
The multilayer plastic structure enhances the barrier properties of pouches, thereby increasing the shelf life of the packaged products. This aids in reducing wastage occurring throughout the supply chain.
Leading manufacturers of pre-made pouch packaging are expanding their product portfolio through expansion and strategic mergers, acquisitions, and collaborations to enhance their core competencies.
The tear notch segment is one of the most promising segments in the global pre-made pouch packaging market. It is the most commonly used closure for day-to-day applications.
However, with the emerging demand for re-sealable closures, zipper and spout closures are anticipated to gain substantial market share in the global pre-made pouch packaging market during the period of forecast.
Key Factors Shaping the Global Pre-made Pouch Packaging Market
Growing Demand for Packaged Food to Propel the Demand for Pre-made Pouch Packaging
Pouch packaging is an effective solution that helps in preserving packaged food by extending its shelf life. As the snacking trend is witnessing a rise, usage of single-serve, as well as re-sealable flexible packaging solutions is growing. Furthermore, the use of pre-made pouch packaging helps in reducing food wastage occurring throughout the supply chain. Thus, growth is expected to be driven by convenience and sustainability benefits pre-made pouch packaging promises to offer.
Cost Efficiency of Pre-made Pouch Packaging
Pre-made pouches are lighter in weight than other conventional packaging formats such as metal cans, jars, etc. which results in reduced cost of transportation. This has led to a shift in preference of brand owners towards pouch packaging. Pre-made pouch packaging has turned out to be one of the most efficient and economical packaging solutions for brand owners operating in the packaged food industry.
Pre-made Pouch Packaging Market Structure Analysis
The global pre-made pouch packaging market is fragmented due to the active presence of a number of regional players.
Key companies, i.e. the tier 1 players in the pre-made pouch packaging market, include Bemis Company Inc., Sealed Air Corporation, Berry Global Group, Inc., and Mondi Group plc.
Leading manufacturers in the pre-made pouch packaging market are following the path of strategic mergers & acquisitions to strengthen their foothold in the global market.
In 2017, ProAmpac Holdings LLC completed the acquisition of Trinity Packaging Corporation, a leading film extruder.
In 2017, Sonoco Products Company completed the acquisition of Clear Lam Packaging Inc.
Pre-made Pouch Packaging Market Projected to Grow 1.5X between 2019 and 2029
The pre-made pouch packaging market is expected to register steady growth during the next ten years, driven by the growing demand for packaged & processed food and increasing preference for flexible packaging solutions over their rigid packaging counterparts. As demand for lightweight packaging solutions is surging, it is expected to translate into growth opportunities for the global pre-made pouch packaging market.
Untapped Growth Potential for Pre-made Pouch Packaging in South & East Asia Regions
Penetration of pre-made pouch packaging is rather low in countries of South & East Asia, which is why, huge growth potential remains untapped. However, signs of gradual penetration of pre-made pouch packaging in these regions can be noticed, especially with innovative products coming up in the market. Therefore, the global pre-made pouch packaging market is expected to grow and find remunerative opportunities in these regions.
The FMI Perspective
Increasing consumer demand for flexible packaging solutions has compelled participants across the value chain to rethink their strategies so as to optimize their efficiency. It is anticipated that manufacturers will continue to pursue M&A to enhance their capabilities and expand geographical presence in an attempt to lure more consumers inclined towards flexibility and convenience. The demand for transparency and aesthetic product appeal will continue to influence buying decisions.
Tear notch will remain the top selling closure type
Spout closures are projected to grow at a prominent rate
Flip lid & others are expected to witness sluggish rate of adoption in the pre-made pouch packaging market
The food segment to generate nearly 3/4 of the global pre-made pouch packaging revenue
The cosmetics & personal care segment to register increasing demand for pre-made pouch packaging
The healthcare & pharmaceutical segment to create an incremental revenue opportunity of nearly US$ 700 Mn
How Growth will Unfold
The tear notch segment will continue its momentum of growth in demand, whereas, flip lids & others will witness a steady gain in growth rate in the global pre-made pouch packaging market during the forecast period.
Tear Notch | Spout| Zipper | Flip Lid & Others
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Pre-made Pouch Packaging Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market study published by FMI, “Pre-made Pouch Packaging Market: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the pre-made pouch packaging market, the growth prospects of the market are obtained with maximum precision.
Pre-made Pouch Packaging Market Taxonomy
The global pre-made pouch packaging market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
By Closure Type
- Tear Notch
- Flip Lid & Others
By Material Type
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Polyamide (PA)
- Aluminum laminates
By End-use Industry
- Fruits & Vegetables
- Meat Poultry and Seafood
- Bakery & Confectionery
- Dairy Products
- Pet Food
- Cosmetics & Personal Care
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
The report commences with the executive summary of the pre-made pouch packaging market, which includes a summary of the key findings and statistics of the market. It also includes dominating segments in the global pre-made pouch packaging market, along-with key facts about pre-made pouch packaging. It also includes graphical representation of the segments according to market size and growth rate.
Readers can find detailed taxonomy and definition of the pre-made pouch packaging market in this chapter, which will help them understand the basic information about pre-made pouch packaging present in the market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the pre-made pouch packaging market report.
The report provides key market trends that are expected to impact market growth significantly in the upcoming years. Detailed industry trends are provided in this section, along with key market developments or product innovations, which is likely to have a significant impact on pre-made pouch packaging market.
This section includes a comparative analysis of pouch making techniques, key challenges faced during manufacturing process. Along with the product adoption analysis and promotional strategies being used by tier 1 manufacturers and features which set pre-made pouch packaging apart.
This section explains the global market value & volume analysis and forecast for the pre-made pouch packaging market between the forecast period of 2019-2029. It includes the detailed analysis of the historical pre-made pouch packaging market, along with an opportunity analysis of the future. Readers can also find the absolute opportunity for the current year (2019 – 2020), and an incremental opportunity for the forecast period (2019 – 2029).
This section highlights the average pricing analysis of various closure types of pre-made pouch packaging, in different regions across the globe. The weighted average pricing at the manufacturer-level is analyzed in this section.
This chapter explains the key macro-economic factors that are expected to influence the growth of the pre-made pouch packaging market over the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis for the pre-made pouch packaging market. This chapter also highlights the key market dynamics of the pre-made pouch packaging market, which include the drivers and restraints. Moreover, readers will understand the key trends followed by the leading manufacturers in the pre-made pouch packaging market. This section also covers Porter’s analysis, as well as the PESTLE analysis for the global pre-made pouch packaging market.
Based on closure type, the pre-made pouch packaging market is segmented into tear notch, spout, zipper, flip lid & others. In this chapter, readers can find information about key attractive segments during the forecast period.
Based on applications, the pre-made pouch packaging market is segmented into plastic, paper, aluminum laminates, and others. Plastic is further sub-segmented as polyethylene terephthalate (PET), polyethylene (PE), polyvinyl chloride (PVC), polypropylene (PP), and polyamide (PA). In this chapter, readers can find information about key segments during the forecast period.
This chapter provides details about the Pre-made Pouch Packaging market on the basis of end-use industry, and has been classified into food, pharmaceuticals, cosmetics & personal care, and others. The food segment is further sub-segmented as fruits & vegetables, meat, poultry and seafood, bakery & confectionery, ready-to-eat, dairy products, pet food, and others.
This chapter explains how the pre-made pouch packaging market is expected to grow across various geographical regions, such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa (MEA).
This chapter includes a detailed analysis of the growth of the North American pre-made pouch packaging market, along with a country-wise assessment that includes the U.S. and Canada. Readers will also find some of key points on the basis of estimated market size and consumption of pre-made pouch packaging.
Readers can find detailed information about several factors, such as the pricing analysis and the regional trends, which are impacting the growth of the Latin America pre-made pouch packaging market. This chapter also includes the growth prospects of the pre-made pouch packaging market in leading LATAM countries such as Brazil, Mexico, Argentina, and the Rest of Latin America.
Important growth prospects of the pre-made pouch packaging market based on the product and the end-user industry in several countries, such as Germany, the UK, France, Spain, Italy, Russia, BENELUX and the Rest of Europe, are included in this chapter.
India, Indonesia, Thailand, and Malaysia are the leading countries in the South Asia region that are the prime subjects of assessment to obtain the growth prospects of the South Asia pre-made pouch packaging market in this chapter. Readers can find detailed information about the growth parameters of the South Asia pre-made pouch packaging market during the period 2019-2029.
This chapter highlights the growth of the pre-made pouch packaging market in East Asia by focusing on China, Japan, and South Korea. The section also highlights data points regarding the growth of the pre-made pouch packaging market in the East Asian region.
In this chapter, Australia and New Zealand are among the leading countries in the Oceania region, which are the prime subjects of assessment to obtain the growth prospects of the Oceania pre-made pouch packaging market.
This chapter provides information about how the pre-made pouch packaging market will grow in major countries in the MEA region such as GCC Countries, South Africa, Turkey, Northern Africa, and the rest of MEA, during the forecast period 2019 - 2029.
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the pre-made pouch packaging market along with their market presence analysis by region and product portfolio.
In this chapter, readers will find a comprehensive list of all leading manufacturers in the pre-made pouch packaging market, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Bemis Company, Inc., Uflex Ltd., Sealed Air Corporation, Mondi Plc, Glenroy, Inc., Sonoco Products Company, Ampac Holdings LLC, Berry Global, Inc., Paharpur 3P, Printpack, Inc., Accredo Packaging, Inc., Clifton Packaging Group Ltd., FLAIR Flexible Packaging Corporation, Gualapack S.p.A., Goglio SpA, Fres-co System USA, Inc., HBC Packaging, Scholle IPN Corporation, Thimonnier SASU, and Genpak Flexible among others.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the pre-made pouch packaging report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information about the pre-made pouch packaging market.
How the research was conducted?
Primary research interviews with key opinion leaders and other participants were conducted for data collection and validation of the below information:
- Key Segments in the Pre-made Pouch Packaging Market
- Market Share Analysis
- Average Selling Price (US$) and Market Growth
- Comparative Analysis of Pouch Forming Techniques Present in the Market
- Market Size
- Key Trends & Developments
- Competition & Key Vendor Strategies
- Flexible Packaging Association
- Industry Journals
- Plastics Europe
- Food Packaging Industry Growth
- Annual Reports/SEC filings/Investor Presentations
Primary Interview Splits