New Market Research Report: Pouches Market in US 2015-2019

From: Fast Market Research, Inc.
Published: Sun Sep 06 2015

Pouches are made of flexible or easy-yielding materials and can be easily shaped into the required design based on the nature of the product being packaged. These flexible materials undergo printing, lamination, coating, and extrusion for the manufacture of pouches, which are then fitted with various add-ons such as zippers, pour spouts, slider closures, and release valves depending on the usage.

Technavio's analysts forecast the pouches market in the US to grow at a CAGR of 8.93% over the period 2014-2019.

Commenting on the report, an analyst from Technavio's team said: "Sustainable pouches are eco-friendly as they are non-toxic and biodegradable. These pouches are generally made of paper. Different industries like food and beverage and pet food are adopting these sustainable pouches over other conventional types of packaging. These pouches are efficient in protecting the packaged product from spoilage. The introduction of these pouches in the market is expected to drive the pouch market in the US during the forecast period."

According to the report, the design and label of a package determines the aesthetic appeal of the packaged product. Pouches can be easily customized and printed. Manufacturers invest large sums of money in design to ensure that packages are visually appealing and convenient to use. Innovative and aesthetically appealing features provide manufacturers with the opportunity to differentiate their products from those of competitors and help build brand image. Vendors that offer attractive customized packaging and labeling solutions to their customers are likely to register higher growth during the forecast period.

Further, the report states that a number of vendors have increased the prices of the end products to combat with the fluctuating raw material prices, which has limited the overall growth of the market.

The key players in the Pouches Market in the US are Coveris, Sigma Plastic, Sonoco and Wipak while other prominent vendors include Accredo Packaging, All American Containers, Amcor, AMPAC, Bemis, Cheer Pack North America, Clondalkin, Coating Excellence International, Diamond Flexible Packaging, Exopack, Flair Flexible Packaging, Flexaco, Fres-co Systems, Hood Packaging, Kendall Packaging, MJS Packaging, Mondi Jackson, Smurfit Kappa, Wipf and WJ Packaging Solutions

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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