PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1425064
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1425064
The stand-up zipper pouches market is evaluated at US$3.266 billion for the year 2022 growing at a CAGR of 7.13% reaching the market size of US$5.289 billion by the year 2029.
The market is expected to increase as a result of customers' rising preference for stand-up zipper pouches due to a variety of factors, including convenience, aesthetic appeal, and many value-added features. Stand-up zipper pouches provide several benefits, including improved aesthetic appeal and several useful features, such as zippers or sliders, spouts, and rip notches, among others, that provide more convenience and utility. In addition, compared to several other rigid packaging forms including metal cans and glass bottles, these pouches use less material, need less shipping and transportation expense, and are lightweight.
A Doypack, or stand-up zipper pouch, is a type of flexible packaging that can stand upright on its bottom for usage, storage, and exhibition. Although it is a type of bag, occasionally it also resembles a plastic bottle. Powders and drinks that are ready to drink are frequently carried in daypacks. A stand-up pouch's bottom portion is gusseted to provide stability for usage or exhibition. Stand-up zipper pouches provide several benefits, including improved aesthetics and many value-added features, such as zippers or sliders, spouts, and rip notches, among others, that improve convenience and usefulness. These pouches also use less material, require less shipping and transportation, and weigh less than several other rigid packaging types, including metal cans and glass bottles, among others. For manufacturers of packaged goods, stand-up zipper pouches are a great marketing tool since they allow for product differentiation on store shelves. Additionally, these Stand-up zipper pouches feature a greater surface area that may be used to print high-quality images to attract more consumers, particularly in convenience stores and supermarkets where customers tend to make speedier purchases.
The prominent growth in the plastic sector under the material type segment
The plastic segment dominated the stand-up zipper pouches market. Since plastic is more rigid, recyclable, and, most significantly, less expensive than foils and papers, it is the most common material used to make stand-up pouches. Additionally, they are far more resource-efficient than other types of bag packaging, use less material, and cost less to produce than foil or glass jars. The packing of dry fruits, liquid beverages including energy drinks and juices, as well as non-food items like liquid soaps and detergents, are the main uses of plastic pouches. Typically, materials including BOPP, PPE, MET, LLDPE, PET, and PVC are used to make plastic pouches.
North American market dominated the stand-up zipper pouches market and is expected to continue with this dominance. The market is anticipated to grow over the forecasting period as a result of variables such as the substantial demand for preserved food, such as ready-to-eat meals, and the rising popularity of stand-up zipper pouches due to their shelf readiness, flexibility, lightweight, and low material usage compared to rigid packaging products. Through the projection period, the U.S. is anticipated to have a significant value share of the North American market. Manufacturing companies in the United States have greater chances to make additional stand-up zipper pouches as a result of ready-to-use and on-the-go food packaging. Because of its exceptional barrier qualities, stand-up zipper pouches keep the goods within them fresh and shield them from things like moisture, oil, water, and gas. This element is driving rising demand for stand-up zipper pouches in the United States. Furthermore, consumer preferences for environmentally friendly items are promoting the market expansion of stand-up zipper pouches.