Stand-up Pouches Market

Amcor (Australia) and Mondi (Austria) are leading players in Stand-up Pouches Market

Stand-up pouches are used for shelf life enhancement, aesthetic appeal, and protected transportation of products. The innovative structure of stand-up pouches offers longer shelf life and keeps the product protected from oxygen, odor, moisture, bacteria, and UV light. The stand-up pouches market is estimated at USD 20.1 billion in 2018 and is projected to reach USD 28.9 billion by 2023, at a CAGR of 7.5%. The rising demand for packaged food & beverages is projected to drive the growth of the stand-up pouches market.

The stand-up pouches market is led by major players such as Amcor (Australia), Mondi (Austria), Berry Global Group (US), Smurfit Kappa (Ireland), and Bemis (US). These players have adopted numerous growth strategies to increase their market share, enhance their product portfolio, and expand their market share. Acquisitions, expansions, investments, new product launches, and partnerships are some of the major strategies adopted by leading players operating in the stand-up pouches market. The years 2017 and 2018 experienced a large number of acquisitions by top players in the market.

Acquisitions accounted for the largest share of all strategic developments in the stand-up pouches market during 2014–2018. Companies such as Amcor (Australia), Berry Global Group (US), Mondi (Austria), Sealed Air (US), Smurfit Kappa (Ireland), Coveris (UK), ProAmpac (US), Huhtamaki (Finland), and Sonoco (US) adopted this strategy to strengthen their product portfolios, expand their geographic reach, and enhance growth prospects in the stand-up pouches market.

To know about the assumptions considered for the study download the pdf brochure

Amcor (Australia) is a leading stand-up pouches manufacturer. Strong global presence and adoption of growth strategies such as acquisitions and new product launches have ensured its leading position in the market. In recent years, the company launched metal-free packaging and ultra-high barrier packaging for spouted pouches, stand-up pouches, flow packs, sachets packaging, and bags. The acquisitions of Nampak Flexibles, Zhongshan Tiancai Packaging Company, Packaging India Private Limited, Deluxe Packages, and Hebei Qite Packing Co. Ltd have further strengthened its market presence and product portfolio. In August 2018, Amcor and Bemis Company (US) had approved an agreement, under which Amcor would acquire Bemis Company in an all-stock combination. This strategic initiative is projected to create a global leader in consumer packaging with a comprehensive global footprint.

Mondi (Austria) is an integrated paper and packaging group and offers a diversified range of stand-up pouches, which includes spouted pouch, shaped pouch, retort pouch, and zipper pouch. It mainly serves the packaging needs of the food & beverage industry through its extensive stand-up pouches product portfolio. Its recent acquisitions of Excelsior Technologies Limited, Uralplastic, Kalenobel, and KSP, Co., extensive product portfolio and global operations contribute to its second position in the stand-up pouches market. In September 2017, Mondi developed a new 3D varnish with haptic effects for enhancing the shelf appeal of flexible packaging materials. This new finish provides opportunities to brand owners to differentiate their products at the point of sale.

The major market players have adopted diversified strategies for expansion in developed and emerging countries. The Asia Pacific region dominated the stand-up pouches market in 2017. This is attributed to the rise in demand for packaged food & beverages, changing lifestyles, the rise in disposable income, and an increase in the working population.

Related Reports:

Stand-up Pouches Market by Type (Aseptic, Standard, Retort, Hot-filled), Form (Round Bottom, Rollstock, K-Style, Plow/Folded Bottom, Flat Bottom), Closure Type (Top Notch, Zipper, Spout), Application, and Region - Global Forecast to 2023

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
PK 3635
RI Published ON
2/26/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Stand-up Pouches Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved