Aluminum open pouch laminates are widely used in computer hardware, pharmaceutical, health supplements and beverage industry. This can be attributed to its heat & abrasion resistance properties, hygienic packaging, contamination free and user friendly aesthetics.
— Global Open Pouch Laminates Market size is likely to expand at a prominent CAGR in the forecast period. Open pouch laminates are one of the important packaging solutions to food & beverage and pharmaceutical manufacturers these days. It is easily available and a cost-effective solution for packaging drugs and food items. The product makes the food, beverage, medicine, etc. handling easier and gives it a smooth surface finish.
The prime factor responsible for propelling open pouch laminates market size is the booming product demand in pharmaceutical industry. It is extensively used in variety of pharmaceutical products such as small size medical devices, capsules and tablets. The product is widely used by pharmaceutical manufacturers owing to moisture prevention property. Increasing competition amongst the pharmaceutical companies is expected to increase the product acceptance over the forecast duration.
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Increasing reliable and intact packaging solutions demand in the food & beverage industry will positively influence the global open pouch laminates market size by 2024. The product is majorly used in packaging of frozen foods, perishable food items, food products (which requires heat preservation) and cold non-alcoholic beverages. Thus, escalating food product demand across the globe is likely to fuel the open pouch laminates market size in the coming years.
Based on type of product, the open pouch laminates market size can be segmented into paper, polyethylene, aluminum and aluminum foil. Though, polyethylene open pouch laminates have durability and superior tamper resistance, yet paper open pouch laminates market is gaining popularity among consumers owing to its bio-degradability and easy availability. In addition, it is anticipated to be the fastest growing segment in the business over the forecast period.
The Open Pouch Laminates reports basic table of content consists of,
1. Methodology and Scope
2. Executive Summary
3. Open Pouch LaminatesIndustry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 – 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter’s analysis
3.10. Company market share, 2018
3.11. PESTEL analysis
3.14. Regional price trends
4. Open Pouch Laminates Product Insights
5. Open Pouch Laminates Application Insights
6. Open Pouch Laminates Regional Insights
7. Competitor Profiles
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Open pouch laminates market share finds extensive application in pharmaceutical and food & beverage industry. In the pharmaceutical industry, the product is mainly used in oral dissolve strips and transdermal & trans mucosal drug delivery system. Properties such as seal integrity and compatibility with different sterilization techniques make the product highly desirable for packaging of medicines and drugs in pharmaceutical industry. It is mostly used for small, lightweight and low profile items. Across food packaging, the product is widely used due to its resistant to sunlight and wear & tear.
Asia Pacific is anticipated to be the fastest growing region over the forecast period. This can be attributed to the exponential growth of pharmaceutical industry in this region. India and China are expected to be the major consumers of the open pouch laminates in Asia Pacific owing to the huge investments in healthcare and pharma sector done by their respective governments. Similar growth prospects for open pouch laminates market size is shown by countries such as France, Germany and England in Europe due to steady growth of pharmaceutical sector in these countries.
Reasons to Buy This Report:
1. Open Pouch Laminates Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Open Pouch LaminatesMarket growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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The prominent market players functional in the product market are Rotek laminates, Amcor limited, USI Inc., Mondi group and Oracle packaging. Other companies include Alta Global Inc., Shako Flexipack Private Limited, DaklaPack Group and Paras Print Pack.
Name: Arun Hedge
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Organization: Global Market Insights
Release ID: 524417