Stick packaging is a type of flexible packaging in which the solid or semi-solid or liquid substances are packed. It is similar to a vertical sachet in which the substance is poured and sealed thoroughly.
The increasing disposable income in developing countries and the increase in demand for the ready to consume food are majorly contributing to the growth of the stick pouches packaging market. The market is also extensively driven by the reducing cost of the raw materials required for the manufacturing of the stick pouches. The increase in demand of packed food & baby food and easy availability of packaged health drinks with the changing lifestyle is contributing to the growth of the stick pouches packaging market. However, the rising concept of the raw material recycling is expected to restrain the growth of the stick pouches packaging market.
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Market Research Analysis
The packaging type is the most important factor in food packaging, beverages, pharmaceutical and others. Polyethylene pouches, of all materials used for packaging, are the most commonly used material. The pouches are light weight and provide advantage of compact packaging for the purpose of logistics. The pouches are being extensively used for storing frozen food and even for packaging of the beverages. Therefore, growth in the concept of flexible packaging will directly influence the stick pouches packaging market.
Asia-Pacific region is expected to dominate the stick pouches packaging market with highest CAGR due to the rapidly changing lifestyle, increase in the disposable income, extensive growth in population, and the constantly growing packaged food industry. The increase in sale of incense sticks and adoption among people in the region is also contributing to the growth of the market.
The stick pouches packaging market can geographically be segmented into North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). Asia-Pacific is expected to dominate the global stick pouches packaging market due the increase in disposable income in the developing economies such as India and China. The increase in the concept of ready to eat food and the packaged food due to the change in the lifestyle of the people is also expected to contribute to the growth of Asia Pacific stick pouches packaging market.
• Stick Pouches packaging manufacturers
• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
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The key players of stick pouches packaging market are Amcor Ltd. (Australia), Ampac Holdings, LLC (U.S.), Clondalkin Group (Netherlands), Sealed Air Corporation (U.S.), Astrapak Limited (South Korea), Bemis Company Inc. (U.S), Sonoco Products (U.S.) and others.
Scope of the Report
This study provides an overview of the global stick pouches packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global stick pouches packaging market by materials, applications and regions.
• Food & Beverages
• Consumer Goods
• North America
• Asia Pacific
• Rest of the World
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