In order to meet the customer’s growing need for convenient packages and growing emphasis on developing sustainable packaging alternatives, the traditional packaging forms are being replaced by the novel and flexible forms of packaging. One such novel form of packaging is the re-closable pouch. The term ‘re-closable pouch’ refers to a pouch that, as against conventional packaging pouches, can be resealed or closed after use or dispensing the contents of the package. Re-closable pouches, also referred to as re-sealable pouches, have witnessed a swift growth in demand as compared to that for conventional pouches. Re-closable pouches can be customized and manufactured in a variety of shapes and sizes and thus prove to be an ideal solution to numerous packaging needs. The demand for re-closable pouches have been projected to witness a steady growth during the forecast period. Re-closable pouches find application across various end user industries including pharmaceuticals, personal care, food and beverage.
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Market Dynamics: Drivers, Opportunities, & Restraints
Re-closable pouches market has witnessed a steady growth over the forecast period. The uniqueness of the re-closable pouches is their ease of use, versatility of design, and sustainable form of packaging among others. The demand for the re-closable pouch packaging exists across diverse set of industries. However, food & beverages industry is a major end use industry for re-closable pouches. As such, growth of food and beverages industry in general and the emphasis on developing aesthetically appealing yet functional packaging solutions is expected to drive the demand for re-closable pouches over the forecast period. Major factors propelling the demand for re-closable pouches are their versatility, barrier properties and sustainability. The fact that these re-closable pouches are available in multitude of shapes, sizes and colors plays a crucial rule in enhancing the shelf appeal. Some of the variants of re-closable pouches include those with handles, zippers, caps, among others. Thus, a re-closable pouch is one of the most versatile packaging solution that is functional so also aesthetically appealing. Another major advantage of re-closable pouches is their composition. The materials and laminated films that these re-closable pouches are made of help them resist relatively higher temperatures vis-à-vis conventional packaging, thus improving shelf life of the contents. The relatively higher costs for these re-closable packages as compared to conventional packages may act as an impediment to the growth of global re-closable pouches market over the forecast period.
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Re-closable pouch packaging market: Market Players
Some of the players operating in global re-closable pouches market include:
Ampac Holdings, LLC
Accredo Packaging, Inc.
Pacific Bag, Inc.
LPS Industries, LLC.
Kung Long Hong Co. LTD
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