Pouches Market Worth $46.1 Billion by 2024

According to the new market research report “Pouches Market by Type (Stand-Up, Flat, Rollstock), Material (Plastic Films, Aluminum Foil, Paper, Bioplastics), Treatment Type (Standard, Aseptic, Retort, Hot-Filled), Pouch Weight, Sealer, Application, and Region – Global Forecast to 2024”, published by MarketsandMarkets™, the Pouches Market is estimated to account for USD 36.4 billion in 2019 and is projected to reach USD 46.1 billion by 2024, recording a CAGR of 4.8%. The rising demand for packaged food and the cost-effectiveness of flexible packaging solutions is projected to drive the demand for pouches. Furthermore, the increase in demand from end-user industries due to the aesthetic appeal of pouches is projected to drive its market growth during the forecast period.