Market Trends of Flexible Pouch Industry
This section covers the major market trends shaping the Flexible Pouch Market according to our research experts:
Paper to Drive the Market Growth
- Flexible paper packaging products, such as paper bags, pouches, and folding cartons, are among the fastest-growing packaging materials. The increasing trend of online retail and environmental regulations on non-biodegradable and non-recyclable packaging solutions is progressively creating a massive demand for eco-friendly paper packaging solutions.
- Companies are focused on innovating new solutions as part of expansding business. For instance, in June 2022, LabelProfi launched new paper packaging pouches. The packaging is made of paper and can be easily disposed of along with the paper waste. The inner coating ensures a secure closure of the package contents, but does not affect the recyclability of the paper as the packaging contains no plastics.
- According to a survey conducted by Sundance in July 2022, paper packaging is competitive packaging with improved fiber strength and other innovations. As a result, paper has revolutionized the consumer goods market, and new 100% recyclable paper pouches have become flexible packaging superheroes. These innovative 100% recyclable paper bags are stress tested, including their ability to hold water without seam separation. Robust pouches can be quickly and reliably heat sealed using a unique 100% recyclable and compostable heat seal adhesive.
- Flexible paper packaging is primarily driven by its effective use in the food and beverage, industrial goods, and personal care industries. In a context where the preservation of the environment is at the heart of the customers' concerns, waste management and the usage of eco-friendly packaging have become mandatory for all food and beverage distribution networks.
- The need for paper packaging is expected to be higher than plastic, due to the lightweight trend and anticipated technological improvements. For instance, stand-up pouches are favored for new product launches, as they are lightweight and flexible, resulting in a very high consumer appeal.
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Asia-Pacific Region to Witness Fastest Growth
- High demand for flexible pouch packaging from the food and beverage industry will drive the market's growth during the forecast period, especially in emerging countries such as China and India, due to changing lifestyles and increasing consumer awareness about health and hygiene.
- In February 2022, PHD Chamber of Commerce and Industry (PHDCCI) in association with the Ministry of Micro, Small & Medium Enterprises (MSME), Govt. of India is organising VIRTUAL Global Summit on Flexible Packaging on 23rd & 24th February 2022. The summit brought together companies from across the flexible packaging value chain, from raw materials to retailers, solution providers, and users, providing a dynamic forum for discussion and exchanging ideas with industry peers and potential customers. Such intiaitves by the government will leverage flexible pouch market.
- Moreover, interest in paper-based materials to replace plastics has increased in recent years. The Japanese packaging industry has become more environmentally conscious, and vendors look for paper versions of products, such as pouches. Nestle recently announced the launch of a unique single-material pouch for its baby food products, designed for a recycling future. This aligns with Nestle's commitment to making 100% of its packaging recyclable or reusable by 2025.
- Further, in July 2022, The Pouch House, a subsidiary of Taylor Corporation, announced the launch of a new web-to-print online ordering platform for its flexible packaging products. This offers buyers a more accessible alternative to the usual way of ordering custom-printed flexible packaging. The completed pouches are sent to the dock, where they are filled and sealed.
- Prepared foods are growing in popularity among Chinese consumers as they gravitate toward products containing fish, meat, and vegetables that are packaged aseptically, primarily for preservation. The rising trend of online shopping is also pushing the flexible pouch market.
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