Growth Outlook for Stand-Up Pouches in the Daily Chemical Products Market
The market for stand-up pouches used in daily chemical products is valued at approximately US$ 230 million in 2024 and is expected to grow to around US$ 387.24 million by 2034. This represents a compound annual growth rate (CAGR) of 4.85% over the forecast period from 2024 to 2034.
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Daily Chemical Product Stand Up Pouches Market Key Takeaways
- Asia Pacific led the daily chemical product stand up pouches market with the highest share in 2023.
- By region, North America is expected to witness the highest CAGR during the forecast period.
- By type, with valve segment held a dominant market share in 2023.
- By application, the sterilizing product segment is anticipated to grow with the highest CAGR during the forecast period.
Market Overview
The daily chemical product stand up pouches market is an important industry in the packaging sector. This deals with sustainable packaging and transporting of daily chemical product stand up pouches to several areas. This market is generally driven by the rising trend of eco-friendly packaging and budget-friendly pouches demand among consumers which should also be convenient.
The daily chemical product stand up pouches industry manufactures different types of packets according to requirements in various shapes, sizes, patterns, locking systems, materials, and many others. This packaging industry manufactures different quality pouches with a variety of designs which create a difference from one brand to another. These chemical products stand up pouches are of different types according to their weight as well. As there is a huge demand for eco-friendly chemical stand up pouches the growth factor of this industry is exponential.
- In October 2024, Mitsui Chemicals TOPPAN collaborated with RM Tohcello to develop recycled BOPP film suitable for mass production. These films are recycled by removing ink from printed film waste.
Trends in the Stand-Up Pouches Market
The stand-up pouches market is experiencing significant growth due to several key trends shaping the packaging industry:
- Sustainability Focus: Increasing demand for eco-friendly packaging solutions is driving the adoption of recyclable and biodegradable stand-up pouches.
- Convenience and Portability: Stand-up pouches offer easy storage, space efficiency, and portability, making them ideal for a wide range of products, including food, beverages, and daily chemical products.
- Customization and Branding: Manufacturers are offering more design options, such as vibrant colors, innovative shapes, and resealable features, allowing brands to enhance their appeal and consumer experience.
- Cost-Effectiveness: Compared to rigid packaging options, stand-up pouches are more cost-effective to produce and transport due to their lighter weight and smaller storage footprint.
- Growth in E-Commerce: As online shopping continues to rise, stand-up pouches are becoming increasingly popular for packaging products in bulk or smaller consumer sizes, meeting the demands of direct-to-consumer sales.
- Technological Advancements: Innovations such as improved barrier properties, leak-proof designs, and enhanced durability are expanding the functionality of stand-up pouches across various industries.
Recent Developments
- In March 2023, Shokubutsu Monogatari, announced the launch of a new 100% recyclable pouch. This company is manufacturing detergent, soap, medications, oral hygiene products, and other toiletries.
- In January 2022, SABIC, announced its collaboration with Ella’s Kitchen. This collaboration is to develop Organic Strawberries and Apples pouches.
- In May 2022, SAVRpak, announced the launch of SAVRpak Drop-In. It is the first-ever moisture control technology that extends the shelf life and freshness of produce up to four times.
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