Stick Pouches packaging market Research Report - Forecast to 2022


Posted January 29, 2019 by sakkk18

Stick Pouches packaging market is expected to grow with the CAGR of approximately 6% from 2016 to 2022.

 
Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Stick Pouches packaging market Information from 2016 to 2022"

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One of the key drivers for the growth of stick pouches packaging market is the increasing demand of light weight and solid packaging in the frozen food and beverage market. The use of stick pouches packaging for space food, camping food and various health drinks also drives the growth of this market. The rapid growth of the packaging industry in terms of improved technology and increased automation for the process of packaging is also expected to contribute to the growth of the market. Stick pouches are made with the help of plastic combined with metal foils. This packaging is used to keep the food sterile over a long period of time. This property of the stick pouches packaging contributes to the growth of this market.

The report has been analyzed based on the materials, applications and regions. On the basis of end-use, food & beverage segment has dominated the market. The changing lifestyle of the people globally, are leading to the increase in adoption of the ready to eat food products,  and the ready to cook packaged food, which is leading to the growth of the stick pouches packaging market. The food packaged in the stick pouches packaging is lighter to carry as compared to other kinds of packaging and are preferred more during travel without spoiling the food.

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Asia-Pacific accounts for the highest market share

Asia-Pacific region is expected to dominate the market due to increase in the urban population in the developing economies such as India and China and the growth in the packaging industry in the region. High demand for ready to eat food along with the increase in disposable income in the developing nations of India and China is expected to drive the demand of stick pouches packaging in the Asia pacific market. The rising use of Incense sticks for a fragrant ambience is also increasing the use of stick pouches, resulting in the rapid market growth in the Asia-pacific region.

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The key players of global 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.

This research report provides insights, on various levels of analysis such as industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global stick pouches packaging market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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Country India
Categories Business , Industry , Research
Tags stick pouches packaging market , stick pouches packaging market share , stick pouches packaging market size
Last Updated January 29, 2019