- The key vendors in the Global Stand-up Pouch Market 2015-2019 are Amcor Ltd., American Packaging Corp., AMPAC Holding LLC, Bemis Co. and Mondi Plc.
London, 16 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Stand-up Pouch Market 2015-2019. One key trend upcoming in this market is an increase in the demand for stand-up pouches from the Non-food sectors such as Agriculture, Paint, and Lawn and Garden. Stand-up pouches are in high demand for agricultural-based products and products used in gardens and home lawns. The overall market is expected to grow at a CAGR of 8.51 percent in terms of revenue and 7.86 percent in terms of volume, during 2014-2019.
Presently, stand-up pouches are obtainable with various add-on features such as spouts and fitments, press to close zippers, zip seal closures, pour spouts, slider closures with end clips, release valves, and hook-to-hook closures. The die-cut handle attached on a stand-up pouch helps during transportation. Many stand-up pouches have indirect venting and perforation capabilities that increase the rate of filling, while protecting the integrity of the product.
“Many organizations in different industries such as Food, Beverages, and Pet Food are adopting these green stand-up pouches over other conventional means of packaging,” says Faisal Ghaus, Vice President of TechNavio Research.
“Green stand-up pouches are environmental friendly as they are non-toxic and biodegradable. These pouches are efficient in protecting the integrity of the product inside.”
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.
