The center sealed pouch packaging market is forecast to expand at a value CAGR of 6% from 2022 to 2032. As per Future Market Insights, demand for center sealed pouches is expected to total a valuation of US$ 19.4 Billion in 2022, and is expected to reach US$ 34.8 Billion by the end of the aforementioned period of assessment.
Data Points | Key Statistics |
---|---|
Expected Market Value in 2022 | US$ 19.4 Billion |
Projected Market Value in 2032 | US$ 34.8 Billion |
Growth Rate (2022 to 2032) | 6% CAGR |
Pouch packaging design trends are changing with new technologies in the marketplace. There are different types of pouch packaging that are popular in the market. A good Packaging Design can impress the consumers by increasing sales volume. Flexible packaging is the favorite packaging option for businesses these days.
Center-sealed pouch packaging is perfect for thick items and chemical packaging applications. In order to keep the package safe from oxidation, the flexible packaging material is used to make center-sealed pouches. These pouches can withstand high temperatures with leakage-proof sealing. Center-sealed pouches are in high demand for chemical and food packaging and are thus available in different sizes and colors.
FMI research indicates that center-sealed pouch packaging solutions show great potential for not only durability but improving outcomes for buyers in different areas.
The center-sealed pouch packaging are popular because of following properties:
Center Sealed Pouches are extensively used in the pharmaceuticals and food industries, wherein the items are safely wrapped in foil to avoid contamination by dust and foreign matter.
The manufacturer of the center-sealed pouch packaging market offers a wide selection of bag sizes, and material choices factoring in elements such as thickness, resistance, and thermal conductivity to bring out the best in food packaging and pharmaceuticals. Sustainable packaging solutions are also a key focus of the manufacturers making center-sealed pouch packaging.
Research shows manufacturers need to overcome a variety of challenges to provide good center-sealed pouch packaging solutions. Owing to the excellent resistance to external factors and its long shelf life, manufacturers of the end-use industry have generated a high demand for center-sealed pouches.
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The pouch is a flexible container usually used to store product. A center seal pouch has an ability to withstand variations in temperature to a great extent. Also, sealing a pouch at center helps in prevention of packed products from exposure to external factors such as air and moisture. Center sealed pouches are in high demand for chemical and food packaging and are thus available in different sizes and colors.
Manufacturers pay greater attention towards attractive packaging of products in order to increase their brand awareness to boost the sales. Owing to the excellent resistance to external factors and its long shelf life, manufacturers of end-use industry have generated a high demand for center sealed pouches.
These pouches provide various benefits such as high performance, light in weight and low contamination thus keeping the goods completely sealed in moisture free environment.
The inclination of customers towards easy portable, convenient to carry and single use of a product is pushing the demand for center sealed pouches. Increase in dependency on packed ready to cook food due to changing lifestyle has mobilized the flexible packaging chain to synchronize as per product offerings.
Also, over the years, there has been a remarkable growth in the number of supermarkets, hypermarkets, and superstores. As a result, the global of center sealed pouch packaging market is expected to witness a substantial market growth over the forecast period.
However, governments authorities of various countries have imposed stringent policies regarding use of plastic material can hamper the growth of center sealed pouch packaging market.
On the basis of material used, the center sealed pouch packaging market is segmented as plastic, Kraft paper foil, aluminum foil and also the combination of these materials. Revenue contribution from plastic and aluminum foil segment are expected to drive the growth of center sealed pouch packaging market.
Also, center sealed pouches are used in various end-use applications such as food and beverages, FMCG and healthcare with FMCG segment to propel the growth of center sealed pouch packaging market.
Geographically, the center sealed pouch packaging market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). Developing economies like China and India have large population size with increased disposable income.
Thus, Asia-Pacific region is expected to bag highest market share in center sealed pouch packaging market owing to its growing consumer base in this region. North America and Europe contributes a significant share in global center sealed pouch packaging market due to rapid growth in demands from sectors such as food and beverages, healthcare and Chemicals.
Middle-East and Africa region is currently at the nascent stage and is projected to show a reasonable rate of growth. Overall, the global center sealed pouch packaging market is expected to register a healthy rate over the forecast period 2017-2025.
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Some prominent players that operate in the center sealed pouch packaging market are The DOW Chemical Company, Amcor Ltd., Berry Plastic Corporation, Mondi Group, Smurfit Kappa Group, Bemis Company Inc., Certol International, Bischof+Klein, Hood Packaging (U.S), Printpack, Steris Corporation, ProAmpac, Sealed Air, and Winpak Ltd.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The center sealed pouch packaging market is segmented as follows
On the basis of material used, the center sealed pouch packaging market is segmented into:
On the basis of applications, the center sealed pouch packaging market is segmented into:
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