Valued to be $48.3 Billion by 2026, Pouches Slated for Robust Growth Worldwide

SAN FRANCISCO, Sept. 24, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Pouches - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 7; Released: April 2021
Executive Pool: 1169
Companies: 35 - Players covered include A. Hatzopoulos S.A.; Amcor; American Packaging Corporation; Berry Global Inc.; Bryce Corporation; Clondalkin Group; Constantia Flexibles; Coveris; C-P Flexible Packaging; Daklapack Group; Formika; Glenroy, Inc.; Goglio Spa; Gualapack S.p.A.; Huhtamaki; Interflex Group; KOROZO; Mondi; Proampac; Scholle Ipn; Sealed Air; Smurfit Kappa; Sonoco; St. Johns Packaging; Wipf Holding AG and Others.
Coverage: All major geographies and key segments
Segments: Type (Stand-Up Pouches, Flat Pouches, Roll Stock); Material (Plastic, Paper, Metal, Bioplastics); Application (Food, Beverage, Medical & Pharmaceuticals, Cosmetic & Personal care, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Pouches Market to Reach $48.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Pouches estimated at US$36.7 Billion in the year 2020, is projected to reach a revised size of US$48.3 Billion by 2026, growing at a CAGR of 4.7% over the analysis period. Stand-Up Pouches, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$27.2 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Flat Pouches segment is readjusted to a revised 4.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $10.2 Billion in 2021, While China is Forecast to Reach $9.9 Billion by 2026
The Pouches market in the U.S. is estimated at US$10.2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.9 Billion by the year 2026 trailing a CAGR of 7.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 3.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Roll Stock Segment to Reach US$7.1 Billion by the year 2026
In the global Roll Stock segment, USA, Canada, Japan, China and Europe will drive the 3.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.4 Billion in the year 2020 will reach a projected size of US$5.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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