Technavio says the Pouches Market in the US Will Flourish with the Introduction of Sustainable Pouches Through 2019

Renewable energy

 

London, 01 September 2015 – Technavio, a tech-focused research firm, has published a new report on the pouches market in the US, which is expected to grow at a CAGR of more than 8% from 2015-2019.

According to the new market research report by Technavio, manufacturers are making substantial investments 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,” says Faisal Ghaus, Vice President of Technavio.

The new report also highlights the sustainable pouches that 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.

“Sustainable pouches are efficient in protecting the packaged product from getting damaged. The introduction of these pouches in the market is expected to drive the pouch market in the US during the forecast period,” says Ghaus.

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