The global inverted pouch market revenue was around US$ 10,840 thousand in 2021 and is estimated to reach US$ 22,499.3 thousand by 2031, growing at a compound annual growth rate (CAGR) of 7.6% during the forecast period from 2022 to 2031.
An inverted pouch is a type of flexible packaging that may be used, stored, and displayed while standing upright on its bottom. It is a kind of plastic bag that occasionally also exhibits characteristics of plastic bottles.
Factors Influencing Market Growth
Increase in the adoption of lightweight and flexible packaging for enterprises producing fast-moving consumer products. Thus, this factor drives market expansion.
The use of cutting-edge techniques for new designs of packaging is key to the adoption of high-quality packaging materials for cosmetic organizations. Thus, this in turn drives market expansion.
The increase in the e-commerce sector is creating to increase the demand for flexible packaging solutions. As a result, this factor offers new market opportunities.
The fluctuating price of the raw materials used for the production of the inverted pouches leads to the high cost of such pouches. Thus, this factor hampers market growth.
Study of the COVID-19 Pandemic
The COVID-19 pandemic had a negative impact on the inverted pouch market. Due to the government enacted a lockdown, production operations were halted or limited. This resulted in a decline in the manufacture and demand of several pieces of equipment, which in turn restrained the market's expansion. On the other hand, businesses are progressively returned to their normal levels of services and production. It is expected to lead to the restoration of enterprises operating at full capacity, which aid this enterprise to recover by the end of 2022.
Regional Insights
Europe holds the highest share in the inverted pouch market. The use of high-quality packaging materials for cosmetic enterprises depends on the usage of advanced techniques for new designs for the packaging. Thus, this furthers the market growth.
Leading Competitors
The leading competitors in the global inverted pouch market are:
Amcor Plc
Aptar
Cheer Pack
Constantia
Coveris
Glenroy Inc
Goglio SpA
Matt Pack Inc
Mondi plc
Polymer Packaging Inc
Pouches Inc
ProAmpac
Sealed Air Corporation
Semco S.A.M
Universal plastics bag co
Viking Masek
Volpak Industries
Others
Segmentation Analysis
The global inverted pouch market segmentation focuses on Material, Capacity, End User and Region.
Segmentation based on Material
Polyolefin
Metalized Aluminum
Ethylene Vinyl Alcohol
Others
Segmentation based on Capacity
Below 150 ml
150-500 ml
500 ml -1 Liter
Above 1 Liter
Segmentation based on End User
Food
Personal Care
Others
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America