Pouches Market Is Likely To Up Demand At A USD 63.1 Billion By 2030
San Francisco, 10 May 2024: The Report Pouches Market Size, Share & Trends Analysis Report By Material (Plastic, Metal, Paper, Bioplastics), By Product (Flat, Stand-up), By End-use, By Treatment Type, By Closure Type, By Region, And Segment Forecasts, 2023 - 2030 The global pouches market size is expected to reach USD 63.1 billion by 2030, expanding at a CAGR of 5.9%, according to a new report by Grand View Research, Inc. Rising demand for low-cost, convenient, shelf appealing, and lightweight packaging by end-use industries, including food and beverages, healthcare, personal care and cosmetics, and home care, is likely to fuel market growth. Pouches demand lesser material, energy, and water during their manufacturing and thus prove to be significantly less expensive than rigid packaging solutions. In addition, lightweight and flexibility attribute for their lower transportation cost, due to which Consumer Products (CPG) companies are increasingly opting for pouches over rigid