Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Oriented Polypropylene Pouch Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.7% during the review period (2022 to 2027).
The packaging industry has changed significantly as a result of the expanding need for convenience and flexibility. Oriented polypropylene pouches are a reliable source for proper product handling and have aided in the expansion of manufacturers' businesses. The market for polypropylene pouches with a global focus has gained momentum because to the demand for preserved goods. An increase in the price of raw materials and the introduction of new thermoplastic monomers are two of the main reasons that are anticipated to have an impact on the manufacturing of oriented polypropylene pouches. Polyester is a preferred material by producers that want their products' packaging to be highly printable for increased consumer appeal. In regions where high moisture barrier qualities are present, there are potential for growth in the oriented polypropylene pouch market.
The material in the oriented polypropylene pouch is tough, which increases its durability. These days, the modified form of the bi-axially oriented polypropylene pouch, which comprises metalized film and is used to package salty snacks, frozen foods, and other confectioneries, is also favoured. The market for oriented polypropylene pouches is also growing thanks to greater opportunities in the chemical and agriculture industries. The market for oriented polypropylene pouches is growing in the food packaging industry because they ensure food safety while reducing environmental impact. The packaging industry's market expansion for oriented polypropylene pouches must result in a balance between environmental responsibility and food safety. The oriented polypropylene pouch market is anticipated to experience rapid growth over the course of the forecast period, fueling a huge revolution in the packaging sector.
Industry Development:
August 11, 2021 – Aurora Plastics, LLC, a leader in polyvinyl chloride (PVC) compounds, announced that it has been acquired by Nautic Partners, in partnership with management. The move sets the stage for Aurora Plastics’ next phase of innovation and growth. Chief Executive Officer Darrell Hughes and the senior executive team will continue to lead the company.
The Oriented Polypropylene Pouch Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Johnpac Inc., Jarrett Industries, Quincy bag Co., United bags, Inc., Kleer pak Mfg., Co., Inc., Inteplast group, ALTECH packaging Inc., BISON BAG Co., Inc., AURORA plastics & packaging and others.
Oriented Polypropylene Pouch Market is segmented based on the Types, applications, End users, companies and regions.
Global Oriented Polypropylene Pouch Market, by Type
Global Oriented Polypropylene Pouch Market, by Applications
The Asia Pacific is expected to see a boost in demand for oriented polypropylene pouches as a result of the market's positive situation in the industrial and service sectors. The market for oriented polypropylene pouches in the North American region is anticipated to rise in the next years, with rising retail sales acting as a major driving force. The market for oriented polypropylene pouches has developed as a result of European manufacturers placing a greater emphasis on efficient packaging solutions. The market for oriented polypropylene pouches is growing as a result of factors such as rising instant and preserved food demand, product safety concerns, and concerns about product shelf life in different geographical areas.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.7% during the review period (2022 to 2027). |
By Types |
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By Application |
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By Companies | Johnpac Inc., Jarrett Industries, Quincy bag Co., United bags, Inc., Kleer pak Mfg., Co., Inc., Inteplast group, ALTECH packaging Inc., BISON BAG Co., Inc., AURORA plastics & packaging |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 137 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Oriented Polypropylene Pouch Market is studied from 2017 - 2027.
What is the growth rate of Oriented Polypropylene Pouch Market?
The Oriented Polypropylene Pouch Market is growing at a CAGR of 4.7% over the next 5 years.
Who are the leading key players in Oriented Polypropylene Pouch Market?
Johnpac Inc., Jarrett Industries, Quincy bag Co., United bags, Inc., Kleer pak Mfg., Co., Inc., Inteplast group, ALTECH packaging Inc., BISON BAG Co., Inc., AURORA plastics & packaging
What regions does this Oriented Polypropylene Pouch Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Oriented Polypropylene Pouch Market?
Side Gusset, Flat, Bottom Gusset, Others
What are the significant applications of Oriented Polypropylene Pouch Market?
Food, Building and Construction, Agriculture and Allied Industries, Electrical and Electronics, Cosmetics, Others
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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
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REPORT WRITING/ PRESENTATION
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