High-Barrier Pouches Market Analysis

High-Barrier Pouches Market Analysis

Standup pouches market was valued over USD 650 million in 2016. Ability of stand upright, reduced retort & sterilisation time and easy to handle are the key properties enhancing standup products replacement over conventional packaging. Increasing product usage in pet food, dried and snack food packaging will drive industry demand. Moreover, improved shelf appearance, better preservation of taste & nutritional values and energy efficiency have enhanced product scope.
 

Four side seal accounted for more than 25% of overall industry share in 2016. Increasing versatility of packaging including dry, liquid and paste forms has supported industry demand. Improved convenience and easy to carry & handle properties have enhanced the product scope particularly in commercial applications.
 

Polyethylene is anticipated to generate over 150 kilotons by 2024. Enhanced film stiffness and moisture protection encouraging the shelf life of products are key factors driving industry growth. Rising demand for low density polyethylene (LDPE) particularly from industrial and food & beverage applications will propel high-barrier pouches market size.
 

Polypropylene will observe gains over 5% up to 2024, owing to its significant properties including improved lucidity and crystal clarity enhancing the product image. Excellent protection against moisture, vapours along with chemical resistance to preserve taste and freshness of packed food will create new opportunities for industry growth.
 

Beverages market will witness CAGR over 5.5% up to 2024. Increasing consumer preference for fruit juices, owing to rising health consciousness will propel the industry growth. Strong outlook in dairy products, energy drinks, powdered instant drinks, juices and wine will provide positive outlook for product demand.
 

Food industry will witness gains over 5% up to 2024. Changing food habits coupled with inclination towards snack food, confectionery and fast food will support industry growth. Increasing necessity for protective packaging particularly for processed meat and ready to eat food products has enhanced product penetration. Improved safety of retort as well as non-retort food is key fuelling factor of product demand.
 

Five-layer accounted for more than 55% of industry share in 2016. Five-layer high-barrier pouches commonly consist EVOH, polyethylene, polypropylene or polyamide layers providing excellent flex-crack resistance. Superior durability, gas prevention and excellent strength are key properties enhancing the product demand.
 

Seven-layer high-barrier pouches market will witness gains over 5.5% up to 2024. Increasing product usage in food, beverages and industrial applications due to customized packaging solution including several layers will drive business growth. Protection of aroma, freshness, flavour and taste of packaging content are supporting factors of product demand.
 

Europe dominated the high-barrier pouches market share accounting for over 35% in 2016. Shifting preference for pouch packaging over conventional bottles and metal cans particularly in baby food, detergents, chemicals and pet food will propel industry growth. Fast-paced lifestyle coupled with growth in confectionery packaging industry are key factors supporting product demand.
 

APAC was valued over USD 450 million in 2016. Increasing consumption of ready-to-eat food products accompanied by growth in population are the major factors driving regional demand. Rising penetration of packaging industry particularly in rural regions will support industry growth. Shifting manufacturer preference towards flexible packaging coupled with presence of large number of manufacturing facilities will drive high-barrier pouches demand.
 

North America will witness growth over 6.5% in terms of revenue up to 2024. Increasing consumer preference for liquid diet particularly in the U.S. will propel industry demand. U.S. food packaging sales surpassed 35 billion units in 2016. Regulatory compliance along with increasing preference for convenience packaging will drive regional demand.