Global Flexible Plastic Pouches Market By Material (Polyethylene, Polypropylene, Cast Polypropylene), By Type (Flat Pouches, Stand-up Pouches), By Application (Food & Beverages, Personal Care & Homecare, Healthcare), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

Single-use plastic pouches are flexible plastic pouches. Everything from snack items to industrial chemicals are packaged in them. Flexible pouches have grown increasingly popular for food packaging in recent years, as many of them are reusable, environmentally friendly, and less expensive than alternatives like glass, metal, and cardboard containers.

One of the fastest-growing trends in the packaging business is flexible packaging. Flexible plastic packaging refers to the various types of plastic materials that are used to package diverse products. The type of packaging material is determined by the application and the type of product that is to be packaged. Plastics such as polyethylene, polypropylene, polystyrene, polyvinyl chloride, and others are commonly used in flexible plastic packaging.

Flexible packaging is often regarded as the most practical and cost-effective method of preserving, distributing, and packaging food, beverages, pharmaceuticals, and a variety of products. In some ways, flexible plastic packaging extends the shelf life of items, allowing for more efficient distribution and fewer losses.

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Detailed Segmentation –

Based on Material:

• Polyethylene
• Polypropylene
• Cast Polypropylene
• Other Materials (PVC, EVOH, and Polyamide)

Based on Type:

• Flat Pouches
• Stand-up Pouches

Based on Application

• Food & Beverages
• Personal Care & Homecare
• Healthcare
• Other Applications (Oil & Lubricants, Auto Glass Wipes, Agricultural Products, Lawn & Garden Products, and Paints)

Based on Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Market Dynamics –

Drivers for the Global Flexible Plastic Pouches Market:

Increased health awareness and surge per capita incomes have led to the increased demand for packaged foods and beverages, which in turn is expected to boost the demand for products from  this market.

According to the Associated Chambers of Commerce and Industry of India (ASSOCHAM), packaged food yearly spending in India increased by 22.5% annually from 2010 to 2015. Surging westernization levels, as well as an increase in the shelf life, and a preference for convenience foods, all contribute to a surge in the demand for packaged food pouches.

Restraints Global Flexible Plastic Pouches Market:

In the packaging industry, rigid containers and poly bags are used as pouch alternatives. Bottles, jars, cans, and containers are rigid containers that are widely used in the food & beverage, personal care, and pharmaceutical industries. A rigid container's strong impact strength, robustness, and barrier qualities have contributed to its widespread use across various sectors. In the food and beverage sector, rigid containers are the most extensively used and popular type of packaging.

Opportunities for the Global Flexible Plastic Pouches Market:

The use of pouches to package alcohol has recently gained appeal. Pouches are flexible, compact, lightweight, and cost-effective; they also provide aesthetic appeal and have the potential to preserve flavor and quality, all of which contribute to its increasing popularity in the alcohol packaging industry.

Additionally, they feature oxygen and contaminant barrier capabilities, which help to keep goods fresher for longer. Pouches are increasingly being utilized for wine, liquor, and beer packaging. This alcohol package format is widely used in the United States, Australia, and South Africa.

Trends for the Global Flexible Plastic Pouches Market:

An increase in customer appetite for contamination-free food is being fueled by greater levels of hygiene knowledge as well as changing lifestyles. In the Asia-Pacific, the rapid rate of development and urbanization is also augmenting the adoption of flexible plastic pouches. The increase in disposable incomes of individuals in countries such as China and India, as well as a surge in middle-class populations, the increased demand for packaged food, and the expansion of the food & beverage industry, have all contributed to this market's economic growth in the Asia Pacific region.

Competitive Landscape –

• Berry Global Inc.
• Mondi
• Huhtamaki Flexible Packaging
• Sealed Air
• Sonoco Products Company
• Smurfit Kappa
• Amcor plc
• Goglio SpA
• Constantia Flexibles
• ProAmpac

Recent Developments of Major Players –

• In August 2020, Sealed Air Corp. announced that it has inked a collaboration deal with Plastic Energy, a leader in innovative recycling technologies. Additionally, Plastic Energy Global, the parent business of Plastic Energy, has received an equity investment from Sealed Air.
• In July 2020, Mondi invested in its flexible packaging operations in Aramil and Pereslavl, Russia, to provide clients with greater flexibility and a broader portfolio, which includes sustainable packaging solutions.
• In May 2020, Berry Global Inc. announced that it would collaborate with long-time customer Mondelçz International to deliver Philadelphia, the world's most popular cream cheese, in packaging made from recycled plastic.

For the Flexible Plastic Pouches Market research study, the following years have been considered to estimate the market size: