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Based on Material, the market is segmented as plastic pouches, paper pouches, foil pouches, and multi-layer pouches. Plastic pouches held a majority market value of USD 6.72 billion in 2023. Plastic pouches dominate the premade pouch packaging industry primarily due to their versatility, cost-effectiveness, and lightweight nature. Plastic pouches offer a wide range of customization options, allowing manufacturers to create visually appealing designs and meet specific product requirements. The flexibility of plastic accommodates various shapes and sizes, enhancing their adaptability across different industries. Moreover, plastic pouches are generally more affordable than alternative materials, contributing to cost savings in production and transportation.
Based on application, the market is segmented as food, beverages, cosmetics & personal care, pharmaceuticals, automotive, chemicals and others. Food held a dominant market share of around 53% in 2023 and is expected to grow at a lucrative pace till 2032, The convenience and versatility of premade pouches make them popular in food applications. They offer extended shelf life for fresh-cut veggies, eye-catching presentation for snacks, and portion control for single-serve meals, all while minimizing packaging waste and maximizing portability. Pouches adapt to diverse textures, from liquids (yogurt) to solids (nuts), and their resealable options add another layer of convenience. Compared to rigid alternatives, they're lighter, easier to store and ship, and ultimately enhance the consumer experience, solidifying their reign in the food segment.
Based on closure type, the market is segmented as tear notch, zipper, spout, flip lid, and others. Tear notch held the dominant market in 2023 and is anticipated to grow through the years. Tear notch closures have gained popularity in the premade pouch packaging market due to their simplicity, convenience, and cost-effectiveness. The tear notch design allows consumers to easily open the pouch by tearing along a designated perforation, eliminating the need for additional tools or utensils. This straightforward opening mechanism enhances the user experience, aligning with the growing consumer preference for convenience.
North America dominated the market with majority market share and a revenue of USD 3.88 billion in 2023 and is anticipated to expand at a significant pace from 2024-2032. The region's robust economic conditions and high consumer purchasing power have led to increased demand for convenient, on-the-go packaging solutions. Additionally, the rise of e-commerce and changing consumer lifestyles, characterized by a preference for portable and easily accessible products, has fueled the popularity of premade pouches. The North American market is also witnessing a surge in demand for sustainable packaging options, and many manufacturers in the region are actively adopting eco-friendly materials for premade pouches.