Cost-effectiveness and Sustainability – Major Factors Expected to Boost the Growth of the Pre-made Pouch Packaging Market: FMI Study

Future Market Insights, in its recently published
market study on the global pre-made pouch packaging market, offers a thorough
analysis of the growth prospects of the market over the forecast period,
2019-2029. Further, the report sheds light on the multiple factors that are
expected to influence the overall dynamics of the pre-made pouch packaging
market including the current and projected trends, growth opportunities within
the market, market restraints that could hamper market growth, and advances in
the technological front among others. According to the report, the market value
of the global pre-made pouch packaging market is likely to reach ~US$ 9.5
billion in 2019 and the market is projected to grow at a compounded annual
growth rate (CAGR) of ~4% over the forecast period, 2019-2029.

The report reveals the various factors that are
driving the growth of the global market including, growing inclination towards
flexible packaging over rigid packaging solutions, surging demand from the
end-use industries including, personal care, food packaging, pharmaceutical,
and cosmetics among others In addition, a significant growth in the demand for
packaged food in recent times is another factor that is expected to boost the
demand for pre-made pouch packaging in the upcoming years.

Favorable
functional properties of pre-made pouch packages expected to propel demand

Over the course of the last decade, flexible packaging has garnered significant popularity over rigid packaging alternatives due to multiple reasons. Pre-made pouch packaging is cost-effective compared to other packaging alternatives. In addition, some of the other factors that are driving the demand for pre-made pouch packages include, ease of flexographic printing, convenient transportation, consumer convenience, and improved product safety among others. Moreover, as environment safety continues to be a critical component of modern manufacturing processes, enhanced sustainability offered by pre-made pouch packages has positively impacted the demand for pre-made pouch packages. Moreover, as pre-made pouches require less energy and resources to produce, they have emerged as a favorable packaging solution in recent times.

East
and South Asia offer promising growth opportunities

Although the adoption of pre-made pouch packages is
at a nascent stage in East and South Asia, the demand is expected to witness
considerable growth during the forecast period. Further, market players are
gradually shifting their focus towards expanding their operations in the
Asia-Pacific region owing to the untapped lucrative opportunities in the
region. According to an analyst at Future Market Insights, “The demand for
flexible packaging solutions including pre-made pouch packages is on the rise
in East and South Asia as market players in the region are focusing on
innovations to expand their product offerings. Moreover, as awareness over the
benefits of pre-made pouch packages continues to accelerate, the demand for
pre-made pouch packages is likely to move in the upward direction in the
foreseeable future.

Pre-made Pouch Packages Market: Competitive Outlook The report offers resourceful insights pertaining to the major players operating within the current landscape of the pre-made pouch packages market. Some of the most established market players in the market are, FLAIR Flexible Packaging Corporation, Gualapack S.p.A., Goglio SpA, Fres-co System USA, Inc., Scholle IPN Corporation, and Genpak Flexible among others

For more insights into the Market, request a sample of this report@https://www.futuremarketinsights.com/reports/sample/rep-gb-4583

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