IMARC Group, a leading market research company, has recently releases report titled “High-Barrier Pouches Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” The study provides a detailed analysis of the industry, including the high-barrier pouches market size, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the high-barrier pouches market?
The global high-barrier pouches market size reached US$ 2.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.76% during 2024-2032.
Factors Affecting the Growth of the High-Barrier Pouches Industry:
Increasing Demand for Convenient and Eco-Friendly Packaging Solutions:
The surge in demand for convenient, lightweight, and environmentally friendly packaging solutions is a significant driver propelling the global high-barrier pouches market. Consumers are increasingly seeking packaging options that offer ease of use, portability, and reduced environmental impact. High-barrier pouches fulfill these requirements by providing a lightweight alternative to traditional packaging materials such as glass or rigid plastics. Additionally, the eco-friendly nature of pouch packaging, particularly when made from recyclable or biodegradable materials, appeals to environmentally conscious consumers. As a result, industries such as food and beverage, pharmaceuticals, and cosmetics are turning to high-barrier pouches to meet consumer preferences while also adhering to sustainability goals.
Stringent Regulations and Safety Standards:
The stringent regulations and safety standards governing packaging materials are driving the adoption of high-barrier pouches across various industries. Governments and regulatory bodies worldwide are increasingly imposing strict guidelines to ensure the safety and quality of packaged products, particularly in food and pharmaceutical sectors. High-barrier pouches offer superior protection against moisture, oxygen, light, and other external factors that can compromise product integrity and safety. Manufacturers are thus opting for high-barrier pouches to comply with these regulations while also safeguarding the freshness and shelf life of their products, ultimately reducing food waste and ensuring consumer safety.
Rising Consumer Preference for On-the-Go Consumption:
The rising consumer preference for on-the-go consumption is a key driver fueling the demand for high-barrier pouches. Modern lifestyles characterized by busy schedules and increased mobility have led to a shift in consumer behavior towards convenient, portable packaging formats. High-barrier pouches offer a lightweight, easy-to-carry solution ideal for single-serve or portion-controlled products, catering to the needs of consumers seeking quick and convenient options. Whether it’s snacks, beverages, or personal care products, high-barrier pouches provide the flexibility and convenience that align with the fast-paced lifestyles of today’s consumers. This trend is particularly prevalent in urban areas and among younger demographics, driving the widespread adoption of high-barrier pouch packaging across various product categories.
Get a Free Sample Copy of this Report: https://www.imarcgroup.com/high-barrier-pouches-market/requestsample
What are the growth prospects and trends in the high-barrier pouches industry?
The global high-barrier pouches market is primarily driven by several key factors shaping its growth trajectory, such as the increasing demand for convenient, lightweight, and eco-friendly packaging solutions across various industries such as food and beverage, pharmaceuticals, and cosmetics is fueling the adoption of high-barrier pouches. In line with this, stringent regulations regarding packaging material safety and sustainability are propelling manufacturers to opt for high-barrier pouches due to their ability to preserve product freshness and extend shelf life, thus reducing food waste. Furthermore, the rising consumer preference for on-the-go consumption and the growing trend towards single-serve packaging are driving the demand for high-barrier pouches as they offer portability and convenience. Additionally, the expanding e-commerce sector, coupled with the need for durable packaging solutions to withstand shipping and handling, is further boosting the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
- Amcor Plc
- BERNHARDT Packaging and Process
- Bischof+Klein SE & Co. KG
- ClearBags
- Clifton Packaging Group Limited
- Dura Pack Inc.
- Flair Flexible Packaging Corporation
- Fres-co System USA Inc.
- HPM Global Inc.
- Shako Flexipack Private Limited
- Sonoco Products Company
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product:
- Standup Pouches
- Spouted Pouches
- Four Side Seal
- Retort Pouches
- Three Side Seal Pouches
- Others
Standup pouches are favored for their space-saving design, versatility, and marketing appeal, making them the preferred choice across various industries for packaging a wide range of products.
Breakup by Material:
- Polyethylene
- Polypropylene
- High Barrier Additives
- Aluminum
- Polyamide
- Fitments
- Tubes and Spouts
Polyethylene is widely used in high-barrier pouch manufacturing due to its excellent barrier properties, versatility, cost-effectiveness, and compatibility with various printing and lamination processes, making it the dominant material choice in the market.
Breakup by Film Layer:
- Five-Layer
- Seven-Layer
- Nine-Layer
Five-layer films offer a balance between barrier properties, flexibility, and cost-effectiveness, making them suitable for a diverse range of applications across industries, thus driving their prominence in the high-barrier pouches market.
Breakup by Application:
- Food
- Beverages
- Pharmaceuticals
- Pet Food
- Industrial
- Home Care
- Personal Care
The food industry demands reliable packaging solutions to ensure product freshness, safety, and shelf appeal, making high-barrier pouches the preferred choice for packaging various food items, ranging from snacks and beverages to pet food and ready-to-eat meals.
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Europe’s robust economy, stringent regulatory standards, and growing consumer preference for sustainable packaging solutions have propelled the adoption of high-barrier pouches in the region, making it the largest market for such packaging.
Browse full report with TOC & List of Figures: https://www.imarcgroup.com/high-barrier-pouches-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/