According to the new market research report "Stand-up Pouches Market Size, Share & Trends Analysis Report, By Type (Standard, Retort, Aseptic, and Hot-filled), By Material (Paper, Plastic, Bioplastic, and Metal), By Closure (Zipper, Tear Notch, and Spout), By Application (Pet Food, Food & Beverages, Healthcare, Homecare, Personal Care & Cosmetics, and Others) - COVID-19 Impact on packaging Industry, Global Forecasts to 2027", published by Precedence Research, the global stand-up pouches market is expected to reach US$ 18.50 billion by 2027 from US$ 10.69 billion in 2019, at a CAGR of 7.1% during the forecast period.

The stand-up pouches market has been forecast based on volume (kilo tons) and value (US$ Mn) from 2020 to 2027. The report analyses and forecasts the stand-up pouches market at a global and regional level. The study provides an analysis of the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2020 is considered as the base year. It also covers the impact of these drivers and restraints on the demand for stand-up pouches during the forecast period. The report highlights opportunities in this market at the global and regional levels.

The report comprises a detailed value chain analysis, which provides a comprehensive view of this market. The Porter’s Five Forces model for the global market has also been included to help understand the competitive landscape. The study covers market attractiveness analysis, wherein resin types are benchmarked based on their market value, growth rate, and general attractiveness.

Highlights of Stand-up Pouches Market Study:
1) The Asia-Pacific estimated to be the most lucrative region during the forecast period due to rising impact of western culture, and rising demand for convenient packaging
2) North America projected to exhibit a CAGR of more than 6% during the upcoming period because of significant demand for packaged food along with rising popularity of stand-up pouches over the rigid packaging
3) The standard type segment led the global stand-up pouches market in 2019 and expected to maintain its dominance over the analysis period
4) Aseptic type stand-up pouches projected to exhibit the highest growth rate during the upcoming years due to its increasing application in thermally sterilized products
5) Plastic materials captured the maximum value share in 2019 owing to its significant application in manufacturing laminates and films that are used for manufacturing stand-up pouches
6) The bioplastics material likely to project the fastest growth rate compared to other materials owing to increasing environmental concerns in account of rising plastic waste
7) The food & beverages application segment dominated the global market in 2019 and expected to continue the same trend over the coming years
8) The personal care & cosmetics application encountered a growth rate of around 7.5% over the analysis period because of increasing awareness related to personal grooming

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Growth Factors of Stand-up Pouches Market Study:
Handling problems with rigid packaging products along with their high cost of transportation because of their weight are the key factors that propel the growth of flexible packaging over rigid packaging such as stand-up pouches in the coming years. Furthermore, low prices of flexible packaging materials over rigid packaging likely to boost the demand of stand-up pouches.

Moreover, stand-up pouches act as a superior marketing tool for manufacturers of packaged goods as they offer product differentiation over others on the retail shelve. In addition, these stand-up pouches have a larger surface that offers significant printable space for high-quality graphics with a view to attract more customers especially in supermarkets and convenience stores where people make quicker purchasing decisions.

Key Players & Strategies:
The global stand-up pouches industry is a niche and highly competitive in nature because of the presence of large number of regional as well as international players. These market players are largely focused towards offering pre-made stand-up pouches along with the customized products as per the consumer demand. The demand of the product varies according to the application and end-use vertical, therefore industry participant are flexible in offering wide variety of products. Furthermore, these market players are significantly adopting the inorganic growth strategies such as merger & acquisition, partnership, collaboration, joint venture, and many other to strengthen their footprint in the global market.

Some of the prominent players in the stand-up pouches market include:
Sonoco Products Company
Amcor plc
ProAmpac
Mondi
Clondalkin Group
Coveris
Huhtamaki Group
Winpak Ltd.
Smurfit Kappa
Sealed Air
Bischof+Klein
FLAIR Flexible Packaging Corporation
Glenroy, Inc.
Hood Packaging Corporation
Uflex Limited
Regional Snapshots

The Asia Pacific encountered the fastest growth rate over the analysis period owing to rapid switch in consumer preference towards lighter material along with environment-friendly packaging type. In the wake of same, regional government is also promoting the eco-friendly products and issued stringent laws on the usage of non-degradable products. Rising awareness among consumers related to bio-friendly products expected to propel the growth of the region.

On the other side, North America is other most important market for stand-up pouches. The U.S. is the largest shareholder in the North America market. The plastic material is the most preferred material in the U.S. market and expected to the same trend over the analysis period. However, increasing focus on sustainability along with government restriction on the usage of plastic materials likely to boost the demand of bioplastic materials over the coming years.

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Segments Covered in the Report
This research study comprises complete assessment of the market by means of far-reaching qualitative and quantitative perceptions, and predictions regarding the market. This report delivers classification of marketplace into impending and niche sectors. Further, this research study calculates market size and its development drift at global, regional, and country from 2016 to 2027. This report contains market breakdown and its revenue estimation by classifying iton the basis of type, material, closure, application, and region:

By Type
Standard
Retort
Aseptic
Hot-filled
By Material
Paper
Plastic
Bioplastic
Metal
By Closure
Zipper
Tear Notch
Spout
By Application
Pet Food
Food & Beverages
Healthcare
Homecare
Personal Care & Cosmetics
Others
By Regional Outlook
North America
U.S.
Canada
Europe
U.K.
Germany
France
Asia Pacific
China
India
Japan
South Korea
Rest of the World

This report provides:
An overview of these global stand-up pouches markets and related technologies.
Identifications of new market opportunities and targeted promotional plans for stand-up pouches market.
Comprehensive company profiles of major players in the industry.
Discussion of research and development, and the demand for new products and new applications.
Analyses of global market trends, with data from 2017, estimates for 2016 and 2027, and projections of compound annual growth rates (CAGRs) through 2027.

Why should you invest in this report?
If you are aiming to enter the global stand-up pouches market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for stand-up pouches are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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