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Stand Up Pouches Market Overview
Increasing popularity of packaged food and beverages in the urban areas of developed and developing region as a result of changing lifestyles and dietary habits of the population in these regions and growing preference for ready to consume food products are majorly propelling the growth of the Stand Up Pouches market. Increased demand for flexible packaging in various industries such as food and beverages, pharmaceuticals, cosmetics, personal care, consumer electronics and others is also aiding the expansion of the Stand Up Pouches market.
Key Players
Market Segmentation
The Stand Up Pouches market has been segmented on the basis of material, type, and application. Based on material, the Stand Up Pouches market has been segmented into plastic, metal, paper, and others. Based on type, the Stand Up Pouches market has been segmented into aseptic, standard, and retort. Based on application, the Stand Up Pouches market has been segmented into food & beverages, healthcare, personal care, and others.
Regional Analysis
The regional evaluation of the Stand Up Pouches market is covered in this study on regional and country-level basis. The regions assessed in the study are – North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). North America is one of the key segments of the global market. It is expected to earn high revenues owing to the rising demand for packaged food products. In addition, packaging innovations are anticipated to boost the revenue generation of the stand-up pouches market in the region across the review period. Asia Pacific is also poised to witness an attractive growth trajectory in the nearby future. Rapid growth of end-user industries and rising purchasing power being observed are projected to facilitate the expansion of the market during the evaluation period.
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