APAC is expected to be the most opportunistic rice paper stand up pouch market with India and Japan making the most significant contribution. Amcor Ltd, Sealed Air Corporation, Berry Global Group, and Winkpak Group, Uflex Ltd., are some of the key players in the market
DUBAI, United Arab Emirates, Dec. 20, 2022 (GLOBE NEWSWIRE) -- The global rice paper stand-up pouch market is anticipated to expand at a phenomenal CAGR of 6% during the forecast period from 2022 to 2032. The global market is predicted to be estimated at US$ 56.5 Billion in 2022 and secure a value of US$ 101.2 Billion in 2032. The growth of the market is attributed to the benefits offered by rice paper stand up against rigid packaging products such as bottles and cans.
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Furthermore, rice paper stand-up pouches are a type of bag that can stand on its own. The original pouch design was patented in 1968. The pouch designs have evolved over the years and have innovative design features such as convenient tear notches for easy opening, re-closable zipper, and some styles have a window for easy opening.
A rice paper stand-up is crafted with various layers of barrier materials that are built into one continuous sheet. The barrier materials along with the bag construction denote the shelf life of the packaging. Therefore, choosing a higher quality bag will result in higher durability. There is an outer layer, a mid-layer, and an inner layer. The layers help to protect and prevent the product from external odors, UV light, oxygen, and moisture. In addition, these bags have various applications comprising coffee packaging, candy packaging, pet packaging, beauty product packaging, tea packaging, and others.
The rice paper stand-up pouch is expected to witness a higher demand over the projection period. The brads are making a drastic transition from the conventional method of packaging to rice paper stand-up packaging. The bags are stored flat that also saves retail space. Besides, they are lightweight, companies are making enormous savings in shipping and freight costs.
The rice paper stand-up pouches are gaining massive traction over the assessment years in the global packaging industry. The growth of the market is attributed to their number of advantages over rigid packaging products such as cans and bottles. Being a flexible packaging solution, the rice paper stand pouches are used in a variety of industries such as food & beverages, chemical, home care, automotive, agriculture, and other end-use industries. To meet brand owners’ demand, rice paper stand-up pouch manufacturers offer pouches in different design formats.
Some of the most common designs for rice paper stand-up pouches comprise round/ bottom/doyen, k-seal, plow bottom/corner bottom and a flat bottom. Furthermore, rice paper stand-up pouches could be fitted with different types of closures to enhance the accessibility of contents packed inside them. In addition to that, these days consumers prefer buying products with smaller pack sizes. Therefore, rice paper stand-up pouches have gained significant attention from the brand owners to be used for packaging products in smaller pack formats. It is the most effective and convenient way of packaging solid products.
The higher preference for products with longer shelf-life is anticipated to drive the market. Consumers in the modern world are excessively preferring packaged food products due to their busier lifestyles and the availability of convenient food products.
High growth in demand has created the need for flexible packaging products including rice paper stand-up pouches for packaging a variety of products and enhancing shelf life. The ever-increasing consumption of packaged food products will create a high demand for rice paper stand-up pouches in the global market.
The built of rice paper stand-up pouches consist of a multilayer film structure to obtain high barrier properties. Flexible films are used for the packaging of several consumer products in food, electrical & electronics, chemicals, fertilizers, and other industries. The widespread use of flexible packaging films is attributed to their good protection characteristics and high-cost effectiveness.
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Some of the eminent players (Amcor Ltd, Sealed Air Corporation, Berry Global Group, Winkpak Group, Uflex Ltd.) in the global rice paper stand-up pouch market are focusing on technological advancements and new product launches in order to get an edge over the global landscape.
More Insights into the Rice Paper Stand-Up Pouch Market
India is expected to project impeccable growth in the market over the assessment period owing to the increasing population in the urban area and the growing per capita expenditure on packaged food. The growing initiatives by the players of the market to innovate and produce customized packaging products is another salient cause driving the market in the region.
Key Segments Profiled in the Rice Paper Stand Up Pouch Market
Kraft Paper Rice Stand Up Pouch
PE Rice Paper Stand Up Pouch
PP Rice Paper Stand Up Pouch
PET Rice Paper Stand Up Pouch
Other Rice Paper Stand Up Pouch Material
Round Bottom/Doyen Rice Paper Stand Up Pouch
K-Seal Rice Paper Stand Up Pouch
Plow Bottom/Corner Bottom Rice Paper Stand Up Pouch
Flat Bottom Rice Paper Stand Up Pouch
Rice Paper Stand Up Pouch Below 4 oz
Rice Paper Stand Up Pouch from 4 oz-8 oz
Rice Paper Stand Up Pouch from 8 oz-16 oz
Rice Paper Stand Up Pouch Above 16 oz
Rice Paper Stand Up Pouch for Food Applications
Frozen & Chilled Food/Dried Fruit
Rice Paper Stand Up Pouch for Agriculture
Rice Paper Stand Up Pouch for Tobacco Packaging
Rice Paper Stand Up Pouch for Homecare
Rice Paper Stand Up Pouch for Personal Care & Cosmetics
Rice Paper Stand Up Pouch for Other End Use Applications
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1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations
2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations
3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Impact of Covid-19 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario
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