High-Barrier Pouches Market Trends, Size, Analysis and Overview

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Date Submitted: 08/29/2016 03:57 AM

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Technavio Announces the Publication of its Research Report Global High-Barrier Pouches Market 2016-2020

Technavio recognizes the following companies as the key players in the global high-barrier pouches market: American Pouch, Amcor, Bemis, Sealed Air, and The Vacuum Pouch Company.

Other Prominent Vendors in the market are: Ampac Holdings, Bischof+Klein, Clifton Packaging, Elliot Packaging, Essentra PLC, Hood Packaging, Sonoco, Total Pack, and Winpak.

Browse full report with TOC@ https://marketreportscenter.com/reports/368505/global-high-barrier-pouches-market-2016-2020

Commenting on the report, an analyst from Technavios team said: One of the key trends for market growth will be increase in demand from non-food and beverages sector. Non-food manufacturers are increasingly using high-barrier pouches, primarily for agriculture-based products, such as fertilizers used in gardens and lawns. They are also used for medicines and other consumer care goods packaging such as liquid detergent. These pouches are strong and have high barrier properties, ensuring product safety.”

According to the report, one of the key drivers for market growth will be high film consumption by dried food and snack food. The demand for food packaging has seen a tremendous growth in the past decade. The US is the major contributor to the growth of this market. The food packaging market in the US hit volume sales of 32.2 billion units in 2013 at a CAGR of 3%. California, Wisconsin, and Idaho generate most of the revenue for the food products packaging market in North America. Most of the major vendors in the food packaging market are from the US like Amcor, Bemis, International Paper, and Sonoco. These factors have fuel the demand for high-barrier pouch packages during the forecast period.

Further, the report states that one of the challenges for the market will be intense competition from other forms of packaging. The demand for other forms of packaging, such as rigid...