Inverted pouch is a new type of packaging that is compact in size, inexpensive, and accessible to all. Family-sized containers are more expensive than sachet-packed products. As a result, the number of small, personalized packages has increased to fulfil needs of all levels of society. Inverted pouch is often flat, rather than circular or oval, and has two or three size openings. Growth in need for tiny, convenient packaging in foods & beverages, medicines, cosmetics & personal care, healthcare, and hygiene products has led to rise in demand for inverted pouch. Moreover, rise in the number of retail industries and investments by key players for development of eco-friendly & recyclable packaging material is leading to drive the inverted pouch market growth. Availability of alternatives such as flexible packaging, stick packaging, and strict government rules regarding usage of non-plastics and fluctuation in price of raw materials limits the market growth.
Major players are adopting product launch and acquisition as key developmental strategies to improve their product portfolio of the inverted pouch market. For instance, in February 2022, ProAmpac announced that it has acquired Belle-Pak Packaging, an award-winning manufacturer of inverted pouch products.
This acquisition expands its growing presence in Canada and extends its reach in high growth e-commerce, healthcare, and logistics. This is expected to improve the product portfolio of the company.
The inverted pouch market is segmented into material, capacity, end user, and region. By material type, the market is categorized into polyolefin, metalized aluminum, ethylene vinyl alcohol, and others. On the basis of capacity, the market is fragmented into below 150 ml, 150-500 ml, 500 ml -1 liter, and above 1 liter. The end user segment is fragmented into foods, personal care, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The COVID-19 pandemic forced many companies in the global inverted pouch market to halt business operations for a short term to comply with new government regulations to curb the spread of the disease. This halt in operations directly impacts revenue flow of the global inverted pouch market. In addition, there is a halt in manufacturing of industrial products, owing to lack of raw materials and manpower in the lockdown period. Further, no new consignments are received by companies that operate in this sector. Hence, halt in industrial activities and lockdowns for several months has affected the global inverted pouch market, and the market is anticipated to witness a slow recovery during the forecast period.
The key players profiled in the inverted pouch market report include, Amcor Plc, APTAR, Cheer Pack, Constantia, Coveris, Glenroy Inc., Goglio SpA, Mattpack Inc., Mondi, Polymer Packaging Inc., Pouches Inc., ProAmpac , Sealed Air, Semco S.A.M., Universal Plastics Bag Co., Viking Masek, and VOLPAK Industries.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the inverted pouch market analysis from 2021 to 2031 to identify the prevailing inverted pouch market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the inverted pouch market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global inverted pouch market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Material
- Polyolefin
- Metalized Aluminum
- Ethylene Vinyl Alcohol
- Others
By Capacity
- Below 150 ml
- 150-500 ml
- 500 ml -1 Liter
- Above 1 Liter
By End user
- Food
- Personal Care
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Amcor Plc
- APTAR
- Cheer Pack
- Constantia
- Coveris
- Glenroy Inc.
- Goglio SpA
- Mattpack Inc.
- Mondi plc
- Polymer Packaging Inc.
- Pouches Inc
- ProAmpac
- Sealed Air Corporation
- Semco S.A.M.
- Universal plastics bag co.
- Viking Masek
- VOLPAK industries
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Table of Contents
Executive Summary
According to the report, titled, “Inverted Pouch Market," the inverted pouch market size was valued at $10.6 thousand in 2021, and is estimated to reach $22.4 thousand by 2031, growing at a CAGR of 7.6% from 2022 to 2031.Inverted pouch is a flexible product packaging solution, which is easy and flexible. It is used in packed food products like condiments, sauces, and personal care products.There is a rapidly growing need for ways to provide safe and cost-effective transportation of hazardous foods & beverages and petroleum products, which grows the demand for effective packaging. However, this leads to rise in public awareness of environmental impact of pipeline and their support in reducing packaging related greenhouse gas emissions, which is driving the need for effective packaging solutions that is safer towards environment. Thus, this is driving the demand for inverted pouches made of eco-friendly materials. This boosts the inverted pouch market growth.
In addition, population growth has a positive effect on growing demand for various daily products, such as water and milk, and petroleum products such as kerosene, diesel, and gasoline, which are expected to generate inverted pouch market opportunities during the forecast period.
Several manufacturers in the global inverted pouch market stopped their business activities in 2020, owing to lockdowns implemented in developed and developing countries and ban on industrial activities due to the COVID-19 pandemic. This halt in production activities impacted the revenue of the inverted pouch manufacturing companies. In addition, lack of man power and raw materials affected the supply chain of the global market. However, the market is projected to cover from the 1st quarter of 2023, owing to reduced restrictions and reopening of the global inverted pouch industry. Moreover, in 2021, with the availability of vaccine against COVID-19, the global market is expected to gradually witness growth.
Major players are adopting product launch and acquisition as key developmental strategies to improve the product portfolio of the inverted pouch market. For instance, in June 2021, Constantia Flexibles acquired Propak, which is a leading player in the snacks market in Europe. This acquisition aims in improving the packaging solutions portfolio of the company.
The inverted pouch market is segmented into material, capacity, end user, and region. By material type, the market is categorized into polyolefin, metalized aluminum, ethylene vinyl alcohol, and others. On the basis of capacity, the market is fragmented into below 150 ml, 150-500 ml, 500 ml -1 liter, and above 1 liter. The end user segment is fragmented into foods, personal care, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominated the market in 2021.
The key players profiled in the inverted pouch market analysis include, Amcor Plc, APTAR, Cheer Pack, Constantia, Coveris, Glenroy Inc., Goglio SpA, Mattpack Inc., Mondi, Polymer Packaging Inc., Pouches Inc., ProAmpac, Sealed Air, Semco S.A.M., Universal plastics bag co., Viking Masek, and VOLPAK industries.
The global inverted pouch market witnessed significant growth in the past decade, owing to rise in demand for compact and lightweight packaging in various sectors such as foods & beverages and pharmaceuticals. A number of players are expanding their business globally, owing to increased customer base, enhanced effective operations, and developed product portfolios. This is anticipated to fuel growth of the global market.
Key Findings of the Study
- The report provides an extensive analysis of the current and emerging global inverted pouch market trends and dynamics.
- By material, the polyolefin segment was the largest revenue generator in 2021.
- By capacity, the 150-500 ml segment generated the highest revenue in 2021.
- By end user, the food segment dominated the market in 2021.
- Region-wise, Europe is anticipated to dominate the global inverted pouch market share during the forecast period.
- The report provides an extensive analysis of the global inverted pouch market trends and emerging opportunities of the market.
- The global inverted pouch market forecast analysis from 2022 to 2031 is included in the report.
Companies Mentioned
- Amcor plc
- Aptar
- Cheer Pack
- Constantia
- Coveris
- Glenroy Inc.
- Goglio Spa
- Mattpack Inc.
- Mondi plc
- Polymer Packaging Inc.
- Pouches Inc
- Proampac
- Sealed Air Corporation
- Semco S.A.M.
- Universal Plastics Bag Co.
- Viking Masek
- Volpak Industries
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 240 |
Published | August 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 10640 thousand |
Forecasted Market Value ( USD | $ 22418.2 thousand |
Compound Annual Growth Rate | 7.7% |
Regions Covered | Global |
No. of Companies Mentioned | 17 |