Box Pouch Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Box Pouch Market grew at a CAGR of 3.8% between 2017-2021 and is estimated to be US$ 612.6 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.5% and is expected to reach a valuation of US$ 951.3 Mn by 2032 end.
Box pouches, which have five panels for advertising, are renowned for giving products long shelf life. Because of this, the market for box pouches is expanding steadily. Additionally, it is projected that the box pouch market share will increase as more customers become aware of them when searching for eco-friendly packaging options.
Another reason driving the growth of the box pouch market is the glass in the pouches that allows consumers to see the goods and their moisture resistance. These stand-up pouches have been upgraded with a larger room, panels for pattern recognition, and a higher product-to-package ratio.
ChemView Consulting has analyzed that the box pouch industry is expanding globally due to growing consumer demand for appropriate food packaging. Box pouch sales are increasing due to their consumer-friendly form and portability. Box pouches also help the makers because they use fewer raw materials and may be sent for less money than rigid packing forms. This is a crucial factor driving the box pouch market’s growth on a global scale. Additionally, since box pouches can be adorned with varnish and embossing, the need for them is predicted to expand as gifts
The increased demand for home items will likely boost the box pouch market over the forecast period. As household cleaners, such as surface deodorizers and surface cleansers, are used more frequently, the need for box pouches is predicted to rise. Due to the growing urban population, there is an increased demand for products that promote hygiene, such as household cleaners. Additionally, it is projected that the industry would be driven by consumer demand for low-foam detergents packaged in box pouches.
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Segments Covered in Report
By Product Type:
- Flat Bottom Full Gusset Box Pouches
- Flat Bottom Terminated Gusset Box Pouches
- Pinch Bottom Box Pouches
- Flat Top & Bottom Box Pouches
- Pet Food & Treats
- Tea & Coffee
- Dried Fruits & Nuts
By Closing Type:
- Press-to-close Zipper Box Pouches
- Hooded Slider Zipper Box Pouches
- Slide Closure with End Clip Box Pouches
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Box Pouch Market
- Based on the end-user, pet food & treats are anticipated to grow in the forecast period
- Based on the closing type, press-to-close zipper box Pouches are expected to expand the fastest during the forecast period.
- With a market share of 27.7%, North America is forecasted to make up over 18% of the box pouch market and is anticipated to increase throughout the projection period. Geographically, North America dominates the world market for box pouches because of a brighter economic future, technological improvements, and the use of single-use packaging
Key companies covered in the market study are Amcor Ltd., Smurfit Kappa, DS Smith, Liquibox, Scholle IPN, CDF Corporation, Arlington Packaging (Rental) Limited, CENTRAL PACKAGE & DISPLAY, Accurate Box Company, Inc, TPS Rental System Ltd
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Report Key Highlights and Coverage
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- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impact market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have collaborated with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.
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