According to a report by GMI, Global Four Side Flat Pouch Market size is estimated to reach USD 8 billion by 2024. With increasing awareness among the end-users and pouch manufactures about the benefits of recyclable pouch packaging, product demand is likely to witness an incline in future. The innovative approach of pouch manufacturers and the subsequent encouraging support of regulatory organizations will also play a major role in impelling four side flat pouch market.
In an era dominated by flexible packaging, four side flat pouch market is witnessing extraordinary gains, owing to the fact that the product is a highly cost-effective and qualitative packaging solution. In addition to cost-effectiveness, these pouches also provide more effective protection to the products including granules, powders, liquids, and creams. Taking into account the practical flexibility of four side flat pouches, many end-users such as pharmaceutical companies, F&B giants, and personal care product have been placing humongous demand for these pouches.
Request for a sample of this report @ https://www.gminsights.com/request-sample/detail/2666
In accordance, four side flat pouch industry behemoths have been making substantial investments in new product developments as well as innovation of advanced pouch making machines. The adoption of these strategies in all plausibility, would provide a lucrative push to four side flat pouch market trends over the years ahead.
Citing an instance validating the extent of innovation in packaging, the leading U.S. based sustainable flexible packaging solution provider, ProAmpac has recently extended its current portfolio with the launch of a fully recyclable pouch. As the customers and end-use companies prefer sustainable packaging option without any compromise on the quality of product, this superior packaging solution will certainly help ProAmpac march forward in sustainable flexible packaging market. With the launch of this green packaging solution, ProAmpac has set a commendable benchmark ahead for the contenders of four side flat pouch industry.
Speaking more about the initiatives taken by the organizations in food service packaging, it would be imperative to mention that these firms have been promoting innovations related to packaging solutions that will prove to be a game-changer in the overall packaging verticals. For instance, recently, ConservaCube™ has received an award from Foodservice Packaging Association (FPA) for expanding its sustainable packaging, technical innovation, and packaging excellence.
Meanwhile, considering the growing demand for flexible pouch packaging, leading pouch converting machinery suppliers have been planning to massively extend their regional reach of late. The facility expansion strategy adopted by pouch machinery suppliers will help them to obtain substantive returns, specifically now that they will sell advanced machineries to giants in four side flat pouch industry.
Meanwhile, considering the growing demand for flexible pouch packaging, leading pouch converting machinery suppliers have been planning to massively extend their regional reach of late. The facility expansion strategy adopted by pouch machinery suppliers will help them to obtain substantive returns, specifically now that they will sell advanced machineries to giants in four side flat pouch market. For instance, a few months before, leading converting machinery provider for flexible packaging and pouches, Karlville had opened a new office in Switzerland to expand its reach for its pouch converting machinery operations across European countries. Through this new facility expansion, the company aims to increase its sales and services for pouch machines, laminators, and slitters mainly across EMEA. In addition to this, Karlville had also collaborated with fabrication companies to expand the sales of the flat-bottom pouches.
Browse key industry insights @ https://www.gminsights.com/industry-analysis/four-side-flat-pouch-market
Though new product developments and facility expansions are turning out to be beneficial strategies for the giants in four side flat pouch market, they are also focusing on mergers and acquisitions to utilize the full potential of the budding four side flat pouch industry. Validating the aforementioned fact, on May 2018, the UK based food packaging product manufacturer, Sirane acquired another flexible packaging manufacturer based in UK, B&G Products.
With this strategic business acquisition, Sirane has expanded its customer base in UK and other countries. In addition, by acquiring the innovative product portfolio of B&G, Sirane has established its position rather securely in plastic-free food packaging pouch market. The incidence depicts that powered by such frequent mergers and acquisitions, four side flat pouch market contenders look forward to achieving considerable proceeds in the ensuing years.
Global Four Side Flat Pouch Market, By Material
Others (Polystyrene, polyester)
Global Four Side Flat Pouch Market, By Application
Food & beverages
Infant food, apple sauce/pudding/condiments/jelly/peanut butter/sauces
Tea, coffee, sugar & other granular food
Juices & snacks
Creams & gels
Syrups & lozenges
Paint & coatings
The above information is provided on a regional and country basis for the following:
Middle East & Africa