Stick Packaging Market - Forecasts from 2024 to 2029

The stick packaging market was valued at US$384.521 million in 2022 and is expected to grow at a CAGR of 4.78% during the forecast period.

Stick packaging is a form of flexible packaging that is mostly used for food packing. It is a sort of vertical elongation packaging that is simple to handle and is commonly used to pack on-the-go items. They have a low environmental impact and are less expensive than other types of packaging. Stick packaging is one of the most cost-effective and environmentally friendly packaging options on the market. The market is expected to rise due to increased demand for flexible packaging from different end-use industries such as food and drinks, pharmaceuticals, and other packaging. Furthermore, an increase in disposable income, along with a shift in consumer preference toward packaged food goods, is expected to drive market expansion.

Introduction:

Stick packaging refers to tube-shaped, sealed, and flexible packaging containers used to store tiny quantities of dry, liquid, and semi-liquid items. It is made of paperboard, polyethene, polyester, polypropylene, aluminium foil, or plastic and is often used as a single-serve, on-the-go, and easy-to-handle packaging option. Stick packaging options are more cost-effective, sustainable, and convenient, and have a reduced carbon impact than standard packaging materials. They are also more efficient than bigger storage packs since the contents are less likely to deteriorate owing to moisture, contamination, or waste. As a result, stick packaging is widely used in a variety of sectors, including pharmaceuticals, nutraceuticals, food and beverage, and consumer products. Significant expansion in the food and beverage industry is one of the primary drivers driving the market's favourable outlook. Moreover, the rising demand for flexible packaging is propelling the industry forward. In accordance with this, there is a movement in preference from rigid to flexible stick packaging since it is more cost-effective, aesthetically appealing, adaptable, durable, and readily transportable, resulting in an optimistic market outlook. Various product improvements, such as the creation of environmentally friendly stick packaging, are also working as growth drivers. Other factors, such as growing urbanization and growing consumer disposable incomes, as well as an increased need for single-serve packaging to store pharmaceutical and nutraceutical items, are likely to boost the market even further.

Drivers:

• Growth of e-commerce channels is a major market driver:Packaging styles have been substantially influenced by the global rise of e-commerce. Because of its tiny size and convenient design, stick packaging is ideal for online sales.
• The rising trend of adoption of eco-friendly material is fueling market expansion:Stick packaging businesses are using biodegradable and compostable materials to reduce their environmental effect and assuage customer concerns about plastic waste. To further promote a circular economy, firms are using stick-packets made from recycled materials and promoting their recyclable nature. Moreover, businesses are investing in R&D to discover alternate materials for stick packaging which is consequently aiding in market development.
• Rising demand for cost-effective packaging is likely to propel market growth:The increased need for cost-effective packaging in the pharmaceutical and food industries is driving market expansion. Moreover, the market is being driven by the desire for lightweight and easy packaging solutions, which is in line with worldwide trends. Stick packaging is great for single-serving items and consumers who are constantly on the go.
• The stick packaging aids in maintaining adequate proportion and hence is widely used:Stick packaging is used to package functional meals, nutritional supplements, and vitamins because it allows for accurate quantity. Stick packaging is a popular technique to serve traditional condiments like soy sauce and miso, as well as snacks. The design allows for portion control and easy dispensing.
• The advent of bio-based packaging is expected to expand opportunities:The worldwide stick packaging market is being transformed by the development of bio-based stick packaging. This is due to its capacity to lessen reliance on traditional plastic materials while also minimizing environmental waste. Bio-material stick packages are created from sugarcane waste and have considerable environmental benefits such as lowering the carbon footprint. Biomaterial stick packaging keeps its product clarity, decorative possibilities, softness, squeezability, and recyclable features.

Products offered by key companies:

• Stick Pack, Amcor PLC:StickPack is a new single-serve pack solution with a simple open mechanism obtained by weakening the outer layer in the register. Specification choices can be used to attain greater barrier levels while preserving product quality. Customized sizes and designs for package distinctiveness are available.
• Stick Pack, Proampac Llc:Proampac's stick-pack provides single-serve solutions with vivid, eye-catching patterns to promote one's business. Customers may easily open the pack with their PRO-TEAR® laser scoring option for quick beverage mixing on the go. This stick pack is ideal for instant coffee, instant tea, and flavour packs.

The prominent growth in the plastic sector under the material type segment

The plastic sector dominates the worldwide stick packaging market, and this trend is projected to continue in the future. This is due to the growing popularity of plastic stick packaging solutions due to their numerous benefits, as well as the increased use of recycled plastic in the production of stick packaging. Plastic stick packets provide consumers convenience and ease of usage. Because of their low weight and small shape, they are perfect for on-the-go consumption, which contributes to their appeal in today's fast-paced modern lifestyle. Recycling technology advancements and the creation of bio-based and biodegradable polymers have helped to alleviate some of the rising environmental waste worries. Leading stick packaging producers are increasingly turning to bioplastics or recycled plastic to make their products. The growing use of plastic materials in stick packaging reflects the continual struggle to strike a balance between usefulness, convenience, and environmental concerns. As a result, rising demand for plastic stick packaging will fuel growth in the target market.

The North American region is expected to hold a significant share of the stick packaging market:

The North American region emerged as the market leader and is poised to grow significantly over the forecast period. Several variables are predicted to increase stick packaging sales in the United States. These include increased use of stick packaging in the burgeoning pharmaceutical and food and beverage sectors, developing e-commerce, and a growing need for small and lightweight packaging.

The growing use of stick packaging in the food and beverage sector not only provides consumers with convenience and mobility but also helps producers and merchants. The airtight and sealed aspect of stick packs helps to keep the freshness and potency of these items, ensuring that consumers receive the necessary nutritional advantages and therefore are widely used eventually driving market expansion.

Key developments:

• Amcor Plcannounced a series of sustainable high shield laminates for pharmaceutical sachets, stick pack and strip pack packaging in April 2022, proving its commitment to producing ecologically responsible packaging solutions.

Segmentation

BY CAPACITY:

• Up to 5 ml
• 6 ml to 10 ml
• 11 ml to 15 ml
• Above 15 ml

BY MATERIAL:

• Plastic
• Paper
• Aluminum
• Others

BY APPLICATION:

• Solid
• Powder
• Liquid

BY END USE:

• Food and Beverage
• Pharmaceutical and Nutraceuticals
• Personal Care and Cosmetics
• Other Industrial

BY GEOGRAPHY

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Italy
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Taiwan
• Thailand
• Indonesia
• Others