Stand-Up Pouch Valves Market Analysis

Stand-Up Pouch Valves Market Analysis

Corner valves market accounted for more than 70% of the overall industry share in 2016. Leak proof design, ease in reclose-ability along with enhanced pouring position are among key factors driving product demand. High demand from liquid products owing to its side pouring position that avoids mess on the package in case of spilling is projected to boost industry size. Better filling space as compared to conventional packaging with same external dimensions is key factor enhancing product penetration.
 

Front valves market will witness growth exceeding 7% up to 2024. Increasing preference for front valve products due to their modernised aesthetic appeal and non-tilting tendency while pouring as compared to corner segment has enhanced product scope. Rising demand for packaging production with a single feedstock to minimize manufacturing cost will open new opportunities for product demand.
 

Form fill seal technique accounted for more than 45% of the stand-up pouch valves market share. Multi-purpose mechanism including package production, filling and sealing is among major factor fuelling the industry demand. The aseptic technique permits complete product sterility to be achieved by separately sterilizing each component used in the process, resulting in an integrated sterilized product.
 

Preform technique will witness revenue growth over 8.5% up to 2024. Increasing popularity for premade packages due to its streamline operations that increase output by 50% will enhance industry expansion. Inclusion of high speed spout filler and rotary filler in the filling machinery is further expected to create new opportunities for product development. The technique fills & seals premade pouches, without requiring an extra roll stock line as compared to form fill seal technique. Thereby, time and cost saving feature of the technique is expected to boost stand-up pouch spouts market size.

Stand-up pouch spouts market with aluminium seal will witness gains at over 6.5% up to 2024. Rising demand for superior barrier capabilities including sealed packaging products enabling effective protection of the inside product from moisture and air will support product demand. Comprehensive application scope including energy drinks, dietary supplements and other pharmaceutical products will propel stand-up pouch spouts market size. In addition, essential hygiene achieved as confined by several regulatory bodies is expected to positively influence product penetration.
 

Stand-up pouch spouts market without aluminium seal is anticipated to value over USD 500 million by 2024. High adoption of without aluminium seal products particularly in industrial and household care applications due to lesser focus on sterility and freshness of package content will drive product scope. Moreover, cost efficiency due to savings from no seal attachments and additional replacement seal cost are the other key factors driving industry share.
 

Food & beverages accounted for more than 55% of the global stand-up pouch spouts market share. Shifting trend towards ready to eat food products due to changing lifestyles and food habits have enhanced the product demand. Increasing stand-up pouch spouts adoption for baby food, sauces, semi liquid and pasty food products will propel the industry growth.
 

Household & personal care will witness growth over 7% up to 2024. Increasing consumer spending on household care products will propel product demand. Customized design, high barrier, convenience in handling along with ease in dispensing are key factors fuelling product demand.

Asia Pacific stand-up pouch spouts market will witness CAGR over 7% up to 2024. Expansion in food & beverages and personal care industry due to increasing consumer spending will propel the regional demand. Increasing consumer preference for cost-efficient, convenient and small sized packaging solutions due to growing number of nuclear families will support industry growth.
 

Europe stand-up pouch spouts demand is anticipated to generate more than 7 billion units by 2024. Rising demand for easy to pour and small packaging solutions will support regional demand. Rapid replacement of flexible packaging from rigid containers has further encouraged product demand. Growing processed food industry due to increasing consumer demand for ready to eat food products will propel industry growth.