Global Pouch-Packaging Market To Top $27 Billion By 2027, Up +6% A Year

The Global Pouch Packaging market accounted for $15.91 billion in 2018 and is expected to reach $27.10 billion by 2027 growing at a CAGR of 6.1% during the forecast period. Innovations in food & beverage packaging and usage of single-serve, as well as reusable packaging solutions, are some of the factors fuelling the market growth. However, due to the lack of high-speed filling equipment, which has a certain impact on the mass production model is restricting the market growth.

A pouch is a type of food packaging made from a laminate of flexible plastic and metal foils. It allows the sterile packaging of a wide variety of food and drink handled by aseptic processing, and is used as an alternative to traditional industrial canning methods. Pouch is just a normal physical thing which can carry anything. In other way Pouch can be defined as a small flexible bag. In general pouch is used for to carry for very small items. Pouches can be attached to belt or simple can be carried in pocket.

Based on end-user, the food segment is estimated to have a lucrative growth due to its demand and usage in the pouch packaging has turned out to be one of the most efficient and economical packaging solutions for brand owners operating in the packaged food industry. By Geography, Asia Pacific is likely to have a huge demand due to the increase in disposable income and the growth of the industries such as food and beverages, pharmaceuticals, pet food, and cosmetics.