In terms of revenue, the inverted pouches market is projected to register a CAGR of 7% during the forecast period 2020 to 2027.
The inverted pouches market size is expected to reach around US$ 19.3 million by 2027, the market is expected to be driven by a growing preference toward lightweight and convenient packaging.
An inverted pouch is a flexible packaging solution, which can be used to pack food items such as sauces, condiments, and personal care products.Consumers are more inclined towards products that offer convenience and features such as controlled dispensing, portability, ease of opening, and resealability, and are lightweight. Inverted pouches are considered ideal for on-the-go consumers and e-Commerce.
Manufacturers to Focus on Developing Economies
Asia Pacific is expected to spearhead the inverted pouch market growth during the forecast period. Emerging economies in the Asia Pacific, such as China and India have witnessed rapid penetration of modern retail outlets, especially in urban areas. According to Transparency Market Research, this market in Asia Pacific & the Middle East is expected to grow at a noteworthy CAGR during the forecast period.
On the other hand, developed regions, such as North America are expected to lead, in terms of market share. Manufacturers in this region are continuously innovating their inverted pouch offerings. For instance, Cheer Pack North America, a pouch manufacturer, plans to launch “CHEERPlus MultiFlex”, an inverted spouted pouch, in early 2020.
Adoption of Inverted Pouches to Reduce Carbon Footprint
Brand owners are continuously working with packaging manufacturers to reduce the carbon footprint of their packaging products. According to VRR’s study, inverted pouches are replacing rigid packaging products, such as metal cans and jars, as use of inverted packaging reduces carbon footprint by a considerable rate. Packaging manufacturers are also investing in research and development activities to develop materials that can be used to produce inverted pouches with lower carbon footprint. For instance, Glenroy’s introduced inverted pouches that reduce fossil fuel consumption and greenhouse gas emission by 75%, along with reduced water usage as compared to glass containers.
Growing Demand for Sauces and Condiments to Boost Use of Inverted Pouches
Growth of the flexible packaging industry is expected to be driven by convenience and sustainability packaging solutions offered by the use of inverted pouches. Moreover, inverted pouches is an effective solution and its multilayer structure helps to preserve packaged food by extending its shelf life. As the snacking trend is on the rise, use of single-serve as well as resealable flexible packaging solutions in both developed and developing countries are growing. Furthermore, use of inverted pouches helps in reducing food wastage throughout the supply chain.
Key players in the inverted pouches market are Glenroy Inc., Polymer Packaging Inc., ProAmpac & Semco S.A.M.
By Pouch Type
By End Use
The Inverted Pouches market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Inverted Pouches market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Inverted Pouches market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Inverted Pouches market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Inverted Pouches market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Inverted Pouches capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Inverted Pouches by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Inverted Pouches market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Inverted Pouches market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Inverted Pouches market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Inverted Pouches industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Inverted Pouches market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Inverted Pouches market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Inverted Pouches market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Inverted Pouches market. These factors have benefited the growth of the global market for Inverted Pouches. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Inverted Pouches. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Inverted Pouches are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
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