Global Stand Up Pouches market is anticipated to reach USD 54.5 Billion by 2024, growing at a CAGR of over 7% during the forecast period, due to the increasing demand for the packaged foods and beverages. Moreover, features such as tear notches, hang hole characteristic, zipper closure and billboard for label and graphic are attributing to the increased demand of the stand-up pouches. However, high initial investment cost is acting as a challenge for the growth of the market.
Based on the type, the market has been bifurcated into Aseptic, Standard, Retort and Hot-filled. Owing to the features, such as longer shelf life and high seal integrity, aseptic segment is anticipated to grow at the highest CAGR during the forecast period.
Food and Beverage application to dominate the market during the forecast period
Based on the application, the market has been segmented into Food & Beverage, Cosmetics & Toiletries, Healthcare, Oil & Lubricants, Auto Glass Wipes, Agricultural Products, Lawn & Garden products, and Paints. The food and beverage application is projected to acquire the major share during the forecast period owing to its use in compact and lightweight packaging.
Geographically, the market has been segmented into Asia Pacific, North America, South America and Middle East & Africa and Europe. Asia Pacific is anticipated to grow at the highest CAGR during the forecast period due the rising disposable income and rapid urbanization.
Years considered for this report
Historical Years2014-2016
Base Year2017
Estimated Year2018
Forecast Period2019–2024
Objective of the Study
- To analyse and forecast the market size of Global Stand Up Pouches Market, in terms of value.
- To classify and forecast Global Stand Up Pouches Market based on type, form, closure type, application and regional distribution.
- To identify drivers and challenges for Global Stand Up Pouches Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Stand Up Pouches Market.
- To conduct the pricing analysis for Global Stand Up Pouches Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Stand Up Pouches.
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Some of the leading players in the Global Stand Up Pouches Market are
Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.
Market insights research calculated the market size of Global
Key Target Audience
- Manufacturers
- Suppliers and Distributors
- End Users
- Market Research Firms
- Government Institutions
- Industry associations and experts
- Potential Investors
- Research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
