Stick Pouches Packaging Market – Overview

Stick pouches packaging market is driven by various factors such as its increase in demand from food & beverage industry. The increase in government policies concerning the food safety regulations is also driving the growth of the market.

The increase in use of packaged products with the growing disposable income is driving the growth of the market. The increase in demand for the packaged food because of the health consciousness is also driving the stick pouches packaging market. The busy lifestyle of consumers has encouraged consumption of on-the-go products. Most importantly, the changing preference of consumers from rigid to flexible packaging has given a boost to the stick pouches packaging market. Another reason towards the growth of global Stick Pouches Packaging Market is the busy life style of the consumer that encourage the consumption of on-the-go product.

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Key Players

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) and Sonoco Products Co.(U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Stick Pouches Packaging Market.


Stick Pouches Packaging Market– Competitive Analysis

Key players adopted various strategies to retain and/or expand their market share. Key strategies followed by most companies within the global Stick Pouches Packaging Market were new product developments. Extensive research in this market has brought to light that new product development and entering into strategic partnerships and collaboration are the key strategies adopted by the major players in the global Stick Pouches Packaging Market. The market is highly technology driven and thus demands regular product innovation and increased investment in R&D. Furthermore the partnerships with other players across the supply chain ensures the expanding client base as well as the market share for the companies.

Stick Pouches Packaging Market– Segmentation

The Stick Pouches Packaging Market can be segmented in to two key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Material - Polyester, Paper, Polyethylene, and others

Segmentation by Application - Food & Beverages, Pharmaceutical, Consumer Goods, and others

Segmentation by Regions: North America, Europe, APAC and Rest of the World.

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Stick Pouches Packaging Market– Regional Analysis

The global market is observed to be mature in developing economies such as Europe and North America owing to the rapid growth in the packaging sector. The Asia-Pacific region is growing due to rise in disposable income of the people and the increasing middle-class population in this region. The developing economies such as China, Brazil, and South Africa are preferring new innovative flexible packaging over using traditional rigid packaging, which will result in the growth of this market. The US is the largest revenue contributor to this market as large-scale manufacturing processes are carried out in the country. The manufacturers in developing economies such as China, Brazil, India are gradually shifting their focus towards innovative flexible packaging solution from traditional rigid packaging solution in order to increase their sales.

In Europe, Germany, France, and Russia are the major revenue contributors for pharmaceutical packaging. Stick packaging is gaining popularity in the region, especially for the packaging of capsules.

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