The Global High-barrier Pouches Market report for by product (standup, spouted, four side seal and retort), by material (Polyethylene, Polypropylene, High Barrier Additives, aluminium, Polyamide, Fitments and Tubes & Spouts), by application (food, beverages, pharmaceuticals, pet food, industrial and home care & personal care), by geography (North America, Europe, Asia Pacific, Middle East & Africa and South America)) is expected to reach US $ 14.90 Bn by 2026, at a CAGR of 5.5 %.

The standup pouches held the dominant position in the global high-barrier pouches market in 2019.

The penetration of the standup pouches is increasing because of its momentous benefits, which include superior shelf look, easy to carry, exceptional flexibility and lightweight. An increase in the usage of the standup pouches in pet food, dried and snack food packaging is expected to increase the product demand. Enhanced shelf appearance, superior preservation of taste & nutritional values and energy efficiency features of the standup pouches are expected to increase the product scope in the global high-barrier pouches market.

The food segment is expected to contribute US $ XX Mn share in the global high-barrier pouches market.

The food segment is expected to grow at a XX% rate of CAGR during the forecast period because of the rise in demand for ready-to-use food across the globe. The demand for healthy and convenience foods is increasing exponentially because of the rise in the number of single-person households and the aging population.

Europe held the dominant potion in the global high-barrier pouches market in 2019.

By region, the global high-barrier pouches market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Among these, Europe held the dominant position in the market. The dominant position in the market is attributed to the shift of the preference of consumers for pouch packaging mainly in baby food, detergents, chemicals, and pet food. The change in the income trends along with enhancing the standard of living is expected to boost the growth in the market.

Key players operating in the global high-barrier pouches market includes Amcor, Bemis Company Inc, Mondi Group, Sealed Air, Dura-Pack, Schur Flexibles Group, The Vacuum Pouch Company, American Pouch, Swis Pac Pvt Limited, Bischof+Klein, Essentra PLC, Elliot Packaging, Sonoco , Hood Packaging.,Bernhardt Packaging & Process, Clifton Packaging Group Ltd, Montage, Fres-co System USA In, Spektar d.o.o, Gornji Milanovac, The Barrier Packaging Company, Label Technology, Shako Flexipack Pvt Ltd, NatureWorks LLC, Ampac Holdings and Clifton Packaging

Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global High-barrier Pouches Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global High-barrier Pouches Market positioning of competitors.

Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global High-barrier Pouches Market

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