Pouches Market in US 2015-2019
Pouches are made of flexible or easy-yielding materials and can be easily shaped into the required design based on the nature of the product being packaged. These flexible materials undergo printing, lamination, coating, and extrusion for the manufacture of pouches, which are then fitted with various add-ons such as zippers, pour spouts, slider closures, and release valves depending on the usage.
Technavio's analysts forecast the pouches market in the US to grow at a CAGR of 8.93% over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of the pouches market in the US for the period 2015-2019. The market can be divided into the following segments:
End-user: food and beverage manufacturers, pet food manufacturers, and non-food manufacturers
Applications: flat pouches, stand-up pouches, and side seal pouches
Technavio's report, Pouches Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Pouches Market in the US 2015-2019
Technavio recognizes the following companies as the key players in the Pouches Market in the US: Coveris, Sigma Plastic, Sonoco and Wipak
The other prominent vendors are: Accredo Packaging, All American Containers, Amcor, AMPAC, Bemis, Cheer Pack North America, Clondalkin, Coating Excellence International, Diamond Flexible Packaging, Exopack, Flair Flexible Packaging, Flexaco, Fres-co Systems, Hood Packaging, Kendall Packaging, MJS Packaging, Mondi Jackson, Smurfit Kappa, Wipf and WJ Packaging Solutions
Commenting on the report, an analyst from Technavio’s team said: “Sustainable pouches are eco-friendly as they are non-toxic and biodegradable. These pouches are generally made of paper. Different industries like food and beverage and pet food are adopting these sustainable pouches over other conventional types of packaging. These pouches are efficient in protecting the packaged product from spoilage. The introduction of these pouches in the market is expected to drive the pouch market in the US during the forecast period.”
According to the report, the design and label of a package determines the aesthetic appeal of the packaged product. Pouches can be easily customized and printed. Manufacturers invest large sums of money in design to ensure that packages are visually appealing and convenient to use. Innovative and aesthetically appealing features provide manufacturers with the opportunity to differentiate their products from those of competitors and help build brand image. Vendors that offer attractive customized packaging and labeling solutions to their customers are likely to register higher growth during the forecast period.
Further, the report states that a number of vendors have increased the prices of the end products to combat with the fluctuating raw material prices, which has limited the overall growth of the market.
Coveris, Sigma Plastic, Sonoco, Wipak, Accredo Packaging, All American Containers, Amcor, AMPAC, Bemis, Cheer Pack North America, Clondalkin, Coating Excellence International, Diamond Flexible Packaging, Exopack, Flair Flexible Packaging, Flexaco, Fres-co Systems, Hood Packaging, Kendall Packaging, MJS Packaging, Mondi Jackson, Smurfit Kappa, Wipf, WJ Packaging Solutions
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