Polypropylene Four Side Flat Pouch Market will grow at 6.5% CAGR up to 2024
Date: 2018-09-11   Author: Rahul Varpe  Category: #industry

Polypropylene Four Side Flat Pouch Market will grow at 6.5% CAGR up to 2024

In accordance, four side flat pouch market behemoths have been making substantial investments in new product developments as well as innovation of advanced pouch making machines. The adoption of these strategies in all plausibility, would provide a lucrative push to four side flat pouch market trends over the years ahead.

In an era dominated by flexible packaging, four side flat pouch market is witnessing extraordinary gains, owing to the fact that the product is a highly cost-effective and qualitative packaging solution. In addition to cost-effectiveness, these pouches also provide more effective protection to the products including granules, powders, liquids, and creams. Taking into account the practical flexibility of four side flat pouches, many end-users such as pharmaceutical companies, F&B giants, and personal care product have been placing humongous demand for these pouches.

Of late, pertaining to the environmental concern raised due to growing usage of non-degradable packaging facilities, end-users have begun to demand eco-friendly packaging. In this regard, the players in four side flat pouch industry have also changed their perspective toward the manufacturing of sustainable products. With the production of green packaging solutions, the biggies are now looking forward to achieving higher returns than earlier.

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Citing an instance validating the extent of innovation in packaging, the leading U.S. based sustainable flexible packaging solution provider, ProAmpac has recently extended its current portfolio with the launch of a fully recyclable pouch. As the customers and end-use companies prefer sustainable packaging option without any compromise on the quality of product, this superior packaging solution will certainly help ProAmpac march forward in sustainable flexible packaging market. With the launch of this green packaging solution, ProAmpac has set a commendable benchmark ahead for the contenders of four side flat pouch industry.

Speaking more about the initiatives taken by the organizations in food service packaging, it would be imperative to mention that these firms have been promoting innovations related to packaging solutions that will prove to be a game-changer in the overall packaging verticals. For instance, recently, ConservaCube™ has received an award from Foodservice Packaging Association (FPA) for expanding its sustainable packaging, technical innovation, and packaging excellence. This company has developed polyethylene laminated rigid pouches, which could be mainly beneficial for the consumers and retailers who are looking for flexible packaging options for dry and free-flowing products. In 2017, ConservaCube™ also featured its pouch manufacturing facility with a laminated polyethylene structure for maintaining full recyclability of packages.

Meanwhile, considering the growing demand for flexible pouch packaging, leading pouch converting machinery suppliers have been planning to massively extend their regional reach of late. The facility expansion strategy adopted by pouch machinery suppliers will help them to obtain substantive returns, specifically now that they will sell advanced machineries to giants in four side flat pouch industry. For instance, a few months before, leading converting machinery provider for flexible packaging and pouches, Karlville had opened a new office in Switzerland to expand its reach for its pouch converting machinery operations across European countries.

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Though new product developments and facility expansions are turning out to be beneficial strategies for the giants in four side flat pouch market, they are also focusing on mergers and acquisitions to utilize the full potential of the budding four side flat pouch industry. Validating the aforementioned fact, on May 2018, the UK based food packaging product manufacturer, Sirane acquired another flexible packaging manufacturer based in UK, B&G Products. With this strategic business acquisition, Sirane has expanded its customer base in UK and other countries.

With increasing awareness among the end-users and pouch manufactures about the benefits of recyclable pouch packaging, product demand is likely to witness an incline in future. The innovative approach of pouch manufacturers and the subsequent encouraging support of regulatory organizations will also play a major role in impelling four side flat pouch market. As per estimates, four side flat pouch industry size is anticipated to cross USD 8 billion by the end of 2024.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

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