Future Market Insights
Packaging has become a vital component of modern life due to the ease of transportation, storage and inclination of the consumer towards fascinating packaging products. Moreover, Packaging industry through its number of innovation has bought a revolutionary change in food & beverages industry. Pouch-bowl packaging is one of the effective packaging solutions that provides all the feature related to high performance during transportation & storage and provide moisture, corrosion and shielding protection for sensitive products and components. Generally, pouch-bowl packaging is designed for foods that can be heated in and eaten from the package. This pouch can hold dry as well as wet food such as cereals, yoghurt and snacks. The cost competitiveness coupled with superior packaging quality is expected to encourage a significant growth in the pouch-bowl packaging market over the forecast period.
Pouch-Bowl Packaging Market- Market Segmentation:
Pouch-Bowl Packaging market are segmented into by material type, product type, form and by application. On the basis of material type, the pouch-bowl packaging market is segmented into plastic, aluminum foil, paper and paperboard. We can further categorized plastic and paper segment into polyethylene (PE), polyvinylidene chloride (PVDC), polypropylene (PP), polyvinylchloride (PVC), polyester (PET), polyamide (PA), Kraft paper, and others. On the basis of product type the global pouch-bowl packaging market can be segmented into Stand up pouches, Back-seal quad, spouted pouches, gusseted pouches. On the basis of form, pouch-bowl packaging market is segmented into flexible, rigid and semi rigid. On the basis of application, pouch-bowl packaging market can be segmented into food, beverages and pharmaceutical. Food can further be sub-segmented into meals ready-to-eat (MRE), sea food, pet food, baby food, soups and sauces and others
Pouch-Bowl Packaging Market - Market Dynamics:
Growth in demand for Pouch-Bowl Packaging market is expected to grow strongly for several reasons. Due to speedy urbanization and industrialization the Pouch-Bowl Packaging market is undergoing technological advancements. Other than that rising use of Pouch-Bowl Packaging in food and beverage industry especially for ready to eat and ready to drink products is significantly fuelling this market. Moreover, these pouch-bowl packaging comes in a wide range of custom material, shapes and size, giving the packaging an attractive and aesthetic look. Additionally, Pouch bowl packaging features high quality rotogravure and flexography printing that helps the manufacturer to enhance and support consumer product branding. Increasing working population and growing online sales is further expected to drive the demand for pouch-bowl packaging over the forecast period.
However, the high cost of pouch-bowl packaging is considered as a restraining factor towards the growth of Pouch-Bowl Packaging market. Furthermore, the usage of heat seal bags is expected to hinder the growth of Pouch-Bowl Packaging market due to its non-reusable nature.
Pouch-Bowl Packaging Market - Regional Outlook:
Geographically, the Pouch-Bowl Packaging market can be segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA). The growth of global Pouch-Bowl Packaging market is expected to witness a healthy CAGR over the forecast period of 2016-2024. Moreover, Asia-Pacific is expected to witness a high growth of Pouch-Bowl Packaging market due to the rising consumption of food products. The demand of the Pouch-Bowl Packaging market is expected to witness an above average growth in North America due to the higher adoption of Pouch-Bowl Packaging for commercial and industrial use.
Pouch-Bowl Packaging Market - Major Players:
Some of the major players identified across the globe in the Pouch-Bowl Packaging market are Ampac Holding, LLC, Kapak Corporation, Cryovac Inc., Exopack LLC, Huhtamaki Group, Bemis Company Inc, Sucat Packaging.
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Regional Analysis includes:
Middle East & Africa
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