Pouches are made of flexible or easy-yielding materials; this helps to change the shape of these pouches easily based on the nature of the product being packaged. Pouches undergo a detailed conversion process such as printing, lamination, coating, and extrusion to develop different types of packaging products. A flat pouch is known as pillow pack, and it has various features such as zippers and slider closures. Flat pouches are gaining popularity in the market as they are lightweight; this helps reduce the transportation cost.
The global flat pouches market to grow at a CAGR of 4.52% during the period 2016-2020.
Global Flat Pouches Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers of the global flat pouches market is an increase in the demand for packaged food and beverages from consumers across various developed and developing countries. The global packaged food market is expected to reach about $3 billion, growing at a CAGR of around 5% during the forecast period. With the economic conditions improving in many developed countries and with consumers' disposable income increasing in developing countries such as China, India, Brazil, and Saudi Arabia, the demand for packaged food and beverages has been increasing. This has increased demand for packaging solutions and products.
A recent trend emerging in the global market is the increasing use of high-barrier flexible packaging products. High-barrier flexible material contains resins, which provide better product protection from factors such as moisture and oxygen and provide longer shelf life. Pouches made from these materials have higher performance than other packaging products as specialized coatings and laminated structures along with resins are used to develop this form of packaging. Some of the high-barrier plastics used in the development of pouches include biaxially-oriented polyethylene terephthalate (BOPET) and ethylene vinyl alcohol (EVOH), which are products that are gaining popularity among the consumers globally. Moreover, these high-barrier plastics are considered to be premium packaging, and they are increasingly being used by food and beverage companies.
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Sealed Air
- The Vacuum Pouch Company
Other prominent vendors
- AK Products
- Associated Bag
- Bison Bag
- Constantia Flexibles
- Montage Pouch Dynamics
- Tyler packaging
- Universal plastic bags
For more information about this report visit http://www.researchandmarkets.com/research/5rcdz2/global_flat
Research and Markets
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-flat-pouches-market-2016-2020-what-are-the-market-opportunities-and-threats-faced-by-the-key-vendors---research-and-markets-300346568.html
SOURCE Research and Markets