Fast Market Research announces the availability of Technavio's new report "Pouches Market in North America 2015-2019" on their comprehensive research portal.
Pouches are made of flexible or easy-yielding materials that can easily change shape based on the nature of the product being packaged. Pouches undergo printing, lamination, coating, and extrusion and are fitted with various add-ons such as zippers, pour spouts, slider closures, and release valves. Packaging protects the product from spoilage and improves overall aesthetic appeal. It also provides essential information about the product and convenience for consumers in terms of handling.
Technavio's analysts forecast the pouches market in North America to grow at a CAGR of 7.01% over the period 2014-2019.
Get More Details on this Report and a Full Table of Contents at Pouches Market in North America 2015-2019
Commenting on the report, an analyst from Technavio’s team said: “The increase in adoption by alcoholic beverage manufacturers is a key trend observed in this market. Many alcoholic beverage manufacturers in North America have begun to use pouches instead of traditional rigid packaging materials to package their products. Pouches are capable of protecting alcoholic beverages from punctures, odor, moisture, light, and air.”
According to the report, the growing demand for esthetic appeal is a critical driver that promotes growth in this market. Esthetically appealing features give manufacturers the opportunity to differentiate their products from those of their competitors and help build brand image.
Further, the report states that increasing adoption of lightweight rigid plastics is one of the major challenges faced by this market. Lightweight packaging materials are increasingly gaining popularity among customers. The need for the reduction of transportation and carriage costs, leading to increased profitability, has become one of their prime focus areas.
The key players in the Pouches Market in North America are Amcor Ltd., Bemis Company Inc., Flair Flexible Packaging Corp., and Sonoco Products Company. while other prominent vendors include Accredo Packaging, All American Containers, Cheer Pack North America, Diamond Flexible Packaging, Exopack, Flexaco, Fres-Co Systems, Kendall Packaging, MJS Packaging, Mondi Jackson, Peel Plastic Products, Polymer Packaging, Precision Pouches, Printpack, Star Packaging, and Winpak.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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"Pouches Market in North America 2015-2019" is now available at Fast Market Research
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001