The Global Stick Packaging Market has witnessed rapid growth from 2011, and is projected to grow at a CAGR of 6.26% during the review period, to reach $316.6 Million by 2020. North America dominated the market, with a share of 41% in 2014; this market is driven by convenience and portability of stick packs, aggressive pricing, rising consumer spending, and shift from rigid to flexible packaging. The Asia-Pacific region is projected to become the fastest-growing market.
Stick packaging is a type of flexible packaging. It is named after its shape: thin and long. Stick packaging is easy to handle, conveniently small, and suitable for on-the-go products. Industries such as food, pharmaceuticals, or manufacturers of single-dose products prefer using stick packs for their products.
The global market is observed to be mature in developing economies such as Europe and North America. The reason behind this is the rapid growth in the packaging sector. The Asia-Pacific region formed the second-largest market, with a share of 30%. It is projected to be the fastest-growing market from 2015 to 2020. The global market is projected to reach $316.61 Million by 2020.
The global market has expanded owing to developments in the flexible packaging industry. The demand for stick packaging is growing at a significant pace and is projected to grow at an even higher rate in the near future. With the rising population and increased incomes of people, the use of packaged products is booming, and consequently, so is the stick packaging market. This market can be classified into three main categories based on application: food & beverages, pharmaceuticals, consumer goods, nutraceuticals, and others.

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Objectives of the study:
• To define, describe, and forecast the Stick Packaging Market by application, Material and region
• To provide detailed information regarding major factors influencing the growth of the Stick Packaging Market (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze the Stick Packaging Market with respect to individual growth trends, future prospects, and contribution of each segment to the market
• To strategically profile key players and comprehensively analyze their market shares and core competencies

Key Player Analysis:
The global market is marked with intense competition due to the presence of a large number of both, big and small firms. New product launches, mergers & acquisitions, and partnerships & expansions are the key strategies adopted by market players to ensure their growth in the market. Companies such as Amcor Limited (Australia), Constantia Flexibles (Austria), Huhtamaki OYJ (Finland), Mondi Group (South Africa), and Sonoco Products Company (U.S.) are some of the prominent companies in this market, comprising 73.60% of the total market share.

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Scope of Report:
In this report, the market is broadly segmented based on material, application, and region. Market drivers, restraints, challenges, raw materials, and product price trends are discussed in detail. Market share, by participant, for the overall market, is discussed in detail. The global market has grown exponentially in the last few years and this trend is expected to continue. Increasing disposable incomes of people in developing countries, government regulations, and changing preferences of people towards easy-to-consume products drive the growth of this market.

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