Stand Up Pouches Market Size| COVID-19 Analysis

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The key advantages of these pouches, such as longer shelf life, flexibility, lightweight, etc., are expected to drive the growth of the market in the years to come. Furthermore, it requires comparatively lesser packaging materials, which makes it a preferable choice over other packaging solutions. However, the requirement of large manufacturing spaces, in conjunction with the need for massive investments in raw materials, is poised to check the expansion of the Stand Up Pouches Market Size over the next few years.

Segmentation:

The material-based segments of the global Stand Up Pouches Market Size are metal, paper, plastic, and others.

The Stand Up Pouches Market Size, by type, covered in this MRFR report are standard, aseptic, and retort.

Based on application, the global Stand Up Pouches Market Size has been segmented into healthcare, personal care, food & beverages, and others.

Regional Analysis:

The regional evaluation of the global Stand Up Pouches Market Size is covered in this study on regional and country-level basis. The regions assessed in the study are – North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). North America is one of the key segments of the global market. It is expected to earn high revenues owing to the rising demand for packaged food products. In addition, packaging innovations are anticipated to boost the revenue generation of the Stand Up Pouches Market Size in the region across the review period. Asia Pacific is also poised to witness an attractive growth trajectory in the nearby future. Rapid growth of end-user industries and rising purchasing power being observed are projected to facilitate the expansion of the market during the evaluation period.

Competitive Dashboard:

Amcor Ltd. (Australia), Berry Plastics Corporation(US), The Dow Chemical Company (US), Smurfit Kappa Group (Dublin), Clondalkin Group (Netherlands), Ampac Holdings LLC (US)

Industry News:

In August 2019, Haney, a Cincinnati-based company, has announced the expansion of its packaging and printing capabilities with the launch of its digital arm, Haney Digital arm. The digital expansion is focused on printing, converting, and laminating short-run flexible packaging.