Packaging / Doy Pouch Packaging Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Amcor, Mondi, Sealed Air, Astar Packaging, Glenroy, LPS Industries
Doy Pouch Packaging Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Amcor, Mondi, Sealed Air, Astar Packaging, Glenroy, LPS Industries
Registering a CAGR of 4.66 % over the forecast period of 2022-2027, the global Doy Pouch Packaging Market is anticipated to reach the market value of US$ 18.03 Million in the year 2022 from US$ 22.65 Million in the year 2027.
Doy Pouch Packaging Market Overview
Doy pouches are a form of stand-up pouch that are commonly used for food and beverages, as well as home care, cosmetics, and personal care. Doy pouch packaging is more visible on the shelf than other package formats, which tend to stay flat. Another advantage of doy pouch packaging is the convenience it provides, in addition to its usefulness and attractive appearance.
Furthermore, doy pouch packaging is a viable alternative to rigid packaging solutions such as bottles, jars, and cartons, making it a popular packaging shape for a wide range of applications. As a result, the doy pouch packaging industry is likely to have significant expansion in the next years.
The changing lifestyles of customers have pushed the focus of brand owners toward more convenient solutions for day-to-day packaging applications, which is expected to be a major driver for the doy pouch packaging market. The appealing aesthetics of doy pouches contribute to the packaged product's increased shelf exposure, which is more likely to convert into increased sales.
The need for doy pouch packaging is expected to rise in tandem with the global growth of the food, beverage, and personal care industries. North America's and Europe's mature consumer bases prefer smaller-portioned packages because they are more convenient and reduce food waste.
Amcor launched a specialty multi-chamber pouch for drug-device combination products. Available in Europe for the first time, the Dual Chamber Pouch has already won a 2021 Award from the Flexible Packaging Association for its technical innovation and material structure.
Mon, 11. April 2022: Mondi and Thimonnier team up to make recyclable packaging for liquid soap refills--
Mondi, a global leader in packaging and paper, has joined forces with French machine supplier Thimonnier to develop a recyclable packaging that reduces plastic waste. The companies have created a new packaging for liquid refills that is designed so that it can be entirely emptied.
What are the major Applications, Types and Regions for Doy Pouch Packaging Market?
By Type, it is segmented into
Plastic
Paper
Aluminium Foil
Others
By Applications it is segmented into
Food & Baverages
Cosmetics & Personal Care
Home Care
Electrical & Electronics
Others
Doy Pouch Packaging Market Regional Analysis
The demand for doy Pouches in the Asia-Pacific region is predicted to be driven by the development of food processing, rising healthcare expenditures, and the expansion of retail. According to the Ministry of Food Processing Industries of the Government of India, the food processing sector grew at an average annual growth rate of 8.41% in the five years ending in 2017-18. In 2018, this sector contributed INR 121 trillion to the economy's Gross Value Added. Southeast Asia as a market is open to doy pouch solutions, with products such as coffee, tea, sauces, and liquid detergents being packaged in this format. As a result, companies like Mespack, a Duravant affiliate, have decided to concentrate their efforts in this area. Moreover, this region is experiencing a higher rate of urbanization. In 2018, major economies like India and China experienced an urban population growth of 2.31% and 2.49% respectively, according to data from the World Bank. Rapid Urbanization and rising per capita income are expected to drive the demand for stand-Up Pouches in the Asia-pacific region.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Doy Pouch Packaging Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Doy Pouch Packaging Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Doy Pouch Packaging Market Report Scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 4.66% over the forecast period (2022-2027)
Yes, the report can be customized as per your needs
Key Takeaways from this Doy Pouch Packaging Report
Evaluate Doy Pouch Packaging market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Doy Pouch Packaging market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of Doy Pouch Packaging Market?
The Doy Pouch Packaging Market is growing at a CAGR of 4.66% over the next 5 years.
Who are the key players in Doy Pouch Packaging Market?
What are the significant types of Doy Pouch Packaging Market?
Plastic, Paper, Aluminium Foil, Others
What are the major end-use applications of Doy Pouch Packaging Market?
Food & Baverages, Cosmetics & Personal Care, Home Care, Electrical & Electronics, Others
On the basis of application, Which segment is likely to hold the major share in the Doy Pouch Packaging Market?
Food & Baverages segment to hold the largest share in Doy Pouch Packaging market
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
