- The key vendors in the global pouches market 2015-2019 are Amcor Ltd., Bemis Company Inc., Coveris Holdings SA and Mondi plc
London, 11 June 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global pouches market 2015-2019. Increase in adoption of single-serve and small-sized pouches is one of the major trends being witnessed in this market. Manufacturers of food packaging material have to design their packaging to suit different requirements as each retail chain approaches packaging differently. The global pouches market is expected to grow at a CAGR of 5.65% during 2015-2019.
Growing demand for features such as zippers, peel-off lids, spouts, and microwavability is forcing vendors to provide advanced, premium, and customized packaging solutions for their products. The market in APAC will grow rapidly because of increased economic development in this region and the resultant favorable conditions in the retail sector.
“Retort pouches are made from multiple layers of thin plastic and metal sheets and are used for sterile packaging of food and beverages,” says Faisal Ghaus, Vice President of Technavio Research.
“Many food and beverage packaging companies, especially those in the non-alcoholic beverage industry, are adopting retort pouch packaging. This packaging provides greater scope for new designs and sizes and can be customized easily according to consumer requirements.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
