Albany, NY -- (SBWire) -- 05/10/2019 --The global pre-made pouch packaging machines market is estimated to be valued at US$ 1.8 billion in 2019. The pre-made pouch packaging machines market is projected to expand at a CAGR of around 5% during the forecast period of 2019-2027.
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By end-user industry, the global pre-made pouch packaging machines market is segmented into food, beverage, personal care & cosmetics, healthcare, automotive, chemicals and others. The food segment in pre-made pouch packaging machines market is further categorized into bakery & confectionery, dairy, fruits & vegetables, meat & poultry, pet food, ready to eat meals and other foods.
The packaging solutions produced by pre-made pouch packaging machines offers flexibility to the end-users in terms of adopting complex designs for enhancing the aesthetics, as well as adding functionality to the packaging. Majority of the stand-up pouches are produced on pre-made pouch packaging machines, which has inclining demand across the globe. On the contrary side, the pouches produced on pre-made pouch packaging machines adds significantly higher costs to final product as compared to the packaging cost of form-fill-seal pouches. These factors have strong impact on the global pre-made pouch packaging machines market.
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Furthermore, the preference for flexible packaging solutions over rigid packaging solutions among consumers, as well as product manufacturers has contributed to the increasing demand for pre-made pouch packaging machines globally. Intolerance towards conventional plastic materials is one of the major factors impacting the demand for pre-made pouch packaging machine manufactured plastic pre-made pouches, restraining the growth of global pre-made pouch packaging machines market during the forecast period.
Packaged food demand is expected to witness potential growth across the globe, driven by the increasing urban population, propelling the pre-made pouch packaging machines market globally. Bakery & confectionary and meat & poultry categories of the food segment in the global pre-made pouch packaging machines market together are estimated to account for around half of the food segment market size in 2019. To provide high protection to the food products, especially for meat & poultry, thick plastic film bags and pouches are recommended.
Pre-Made Pouch Packaging Machines Market - Demand for Shaped Stand-Up Pouches Remains High for Beverages, TMR
Pre-made Pouch Packaging Machines Market is anticipated to be valued at US$ 1.8 billion in 2019.