DUBLIN, July 27, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/k74n2d/global_pouches) has announced the addition of the "Global Pouches Market 2015-2019" report to their offering.
The global pouches market to grow at a CAGR of 5.65% over the period 2014-2019.
The report, Global Pouches Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Europe, APAC, and ROW; it also covers the global pouches market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Manufacturers of food packaging material have to design their packaging to suit different requirements as each retail chain approaches packaging differently. Retailers prefer single-serve and small-sized pouches because they encourage consumers to spend on new products. Consumers favor these pouches as they are convenient. Due these factors, single-serve milk is now available in most retail stores. Manufacturers of baby food, yogurt, sports drinks, and other consumer goods stand to gain larger market shares with the introduction of single-serve packaging and small pouches.
According to the report, to cater to the growing demand, vendors are developing intelligent packaging solutions that monitor freshness, improve safety and convenience, and extend product shelf life. Consumers demand packaging that is easy to open, reclosable, portable, and enables one-handed use. Therefore, most pouches offer features such as zippers, reclosures, tear notches, peel-off lids, hang-holes, and microwavability.
Further, the report states that competition from the rigid packaging market, which serves the same customers as the pouches market, may, however, hinder market growth.
- Bemis Company
- Coveris Holdings
Other Prominent Vendors
- American Packaging
- Coating Excellence International
- Hood Packaging
- Smurfit Kappa
- WJ Packaging Solutions
For more information visit http://www.researchandmarkets.com/research/k74n2d/global_pouches
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SOURCE Research and Markets