Global Stand-up Pouch Market Expected To Reach Over USD 32.0 Billion By 2020 Date: 2016-07-27 The stand-up pouch is a pouch that stands up and contains various features such as spouts and fitments, zippers, pour spouts, slider closures, and release valves. It is widely used in Food & beverage and non-food industry. Stand-up Pouch has many forms, can be broadly divided into Round Bottom, K-Style, Plow Bottom, Flat Bottom and Others. Global Stand-up Pouch Market Size, Value ($ Billion), by forms, 2015 and 2020 The marketsandmarkets forecasts that the global stand-up pouch market is expected to reach over USD 32.0 billion by 2020, and growing at a CAGR of 7.9% from 2016 to 2020. In the terms of region, the Asia-pacific region accounted for the highest share of the global market value in 2015, followed by Europe and North America. But the stand-up pouches market in developed countries is well established, and the market in developing economies, such as China and India are estimated to grow at a higher rate from 2016 to 2020, this is because of the growing demand for compact and light weight packaging in these countries. 1 Based on the applications, the food & beverage is the largest market of stand-up pouch in 2015. With the continuous development of flexible packaging industry, market demand for standup pouch is getting bigger. Global Stand-up Pouch Market Share Forecast, by Region, 2020 ($ Billion) Stand-up Pouch market competition is fierce, there are a lot of competitors in the market, and some of the major players include Dow Chemical (U.S.), Smurfit Kappa Group (Ireland), Amcor (Australia), Mondi Group (South Africa) and so on. Read Full Report: http://www.gosreports.com/global-stand-up-pouch-industry-2015market-research-report/ Joanna | Executive – International Business and partner Relations E-mail: [email protected] | Tel: 1-510-400-8520 Web: www.gosreports.com 2
The marketsandmarkets forecasts that the global stand-up pouch market is expected to reach over USD 32.0 billion by 2020, and growing at a CAGR of 7.9% from 2016 to 2020.
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