Aluminum-Free Food Pouch Market, By Type (Flat Pouches, Stand Up Pouches, Others), By Application (Vacuum, Resalable, Retort, Spouted, Stuck), and Region - COVID-19 Impact Analysis and Forecast to 2028.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global aluminum-free food pouch market. The historic years considered for the study are 2016-2020, base year is 2021, and forecast period is 2022-2028.
Aluminum-Free Food Pouch Market, By Type (Flat Pouches, Stand Up Pouches, Others), By Application (Vacuum, Resalable, Retort, Spouted, Stuck), and Region - COVID-19 Impact Analysis and Forecast to 2028.
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The Aluminum-Free Food Pouch Market is estimated to grow from USD 38.92 billion in 2022 to USD 55.29 billion by 2028 at a healthy CAGR of 6.02% during the forecast period of 2022-2028.
What are food pouches?
Food pouches are common flexible packaging formats for retort food products. They combine the benefits of traditional, rigid reportable food packaging with the modern, flexible material. The aluminum free pouch is developed for packaging of food and is possesses numerous technical advantages.
Market Dynamics
With the general use of packaging and development of modern techniques for food safety and commercialization, effective packaging has become vital for all food types from fresh produce to ready to eat meals. The aluminum free food pouch also known as the alu-free pouch are developed to have several advantages which include perfect air-tightness, superior barrier property, diverse options for easy opening, optimal puncture resistance to preserve the organoleptic qualities of the food, rotoprinting to enhance product communication, customization of the pouch as per desired visual effects like glossy, matte, transparent etc.
COVID-19 Impact on Aluminum-Free Food Pouch Market
The COVID-19 outbreak moderately impacted the growth of the aluminum-free food pouch market. The pandemic has turned the lives of people worldwide, with number of cases increasing rapidly which has resulted in supply chain disruption. Although, the food & beverages sector was less affected and there was a strong need for food pouches for packaging of convenience-foods, thus spurred the market growth amid the pandemic.
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Key Players
Key players operating in the aluminum-free food pouch market are-
Astrapak Limited (South Africa)
Berry Plastic Corporation (US)
Covers (UK)
Mondi Group (UK)
Sonoco (US)
Target Audience
Here is the list of the group of customers that the aluminum-free food pouch market hopes to have the greatest opportunity to convert-
Aluminum-Free Food Pouch distributors
Aluminum-Free Food Pouch suppliers
Aluminum-Free Food Pouch manufacturers
Personal care companies
Hygiene companies
Segment Analysis
Type Trends
Based on type, the market has been classified into flat pouches, stand up pouches, and others. The stand-up pouches segment accounted for the substantial market share in 2021. Stand-up pouches are uniquely made packaging bags that can stand on their own on any shelf, table, kitchen pantry, or any flat place. These are packaging pouches which feature some bottom gusset and side sealed edges. The side-sealed edges run from the bottom to the top part of the pouch making two strong pouch sides, which proliferates the segment growth.
Regional Trends
The market in Asia Pacific accounted for largest share in 2021 and is projected to continue its dominance during the review period. This is mainly ascribed to expansion in food & beverages and personal care sectors mainly due to rising consumer expenditure is likely to propel the regional demand. Also, growing consumer preference for convenient, cost-efficient, and small sized packaging solutions owing to rising number of nuclear families, further bolsters the regional growth.
Market Scope & Segmentation
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Report - Features
Market Segmentation
3
Regions Covered
5
Countries/Sub-Regions Covered
16
No. of Figures & Tables
>70
Company Profiles
5
The market is segmented into the following categories.
By Type
Flat Pouches
Stand Up Pouches
Others
By Application Type
Vacuum
Resalable
Retort
Spouted
Stuck
By Region
North America
Europe
Asia-pacific
Middle East & Africa
South America
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to 3 players)
SWOT analysis of key players (up to 3 players)
Market Segmentation
Current market segmentation of plastic type by application type.
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
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Astrapak Limited (South Africa), Berry Plastic Corporation (US), Covers (UK), Mondi Group (UK), and Sonoco (US) are among the key players in the aluminum free food pouch market.
Aluminum-Free Food Pouch distributors, Aluminum-Free Food Pouch suppliers, Aluminum-Free Food Pouch manufacturers, Personal care companies, Hygiene companies are the target audience in the aluminum-free food pouch market.