Pillow Pack Packaging Market:Share, Growth, Trends, and Forecasts 2016–2024
Sarasota, FL -- (SBWIRE) -- 08/24/2017 -- Pillow Pack Packaging Market: Overview
The pillow pack packaging is commonly used for the packaging of smaller and light weight items. Thus it is being used widely in the pharma and food industry. The pillow pack packing pops into a shape that looks like a miniature cardboard pillow that consists of the inter locking features. There are three different types of seals from top, center, and bottom which protect the product and keeps it secured.
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Pillow Pack Packaging Market: Segmentation
The global pillow pack packaging market is fragmented into its type, application, and end-user industry. On the basis of type, the global market is segregated into window pouch, stand up pouch, re-sealable, zipper pouch, and others. On the basis of application, the market is categorized into liquids, toys, snacks, powders, spices, nutraceutical, cereals, and others. On the basis of the end-user industry, the market is divided retail, food and beverages, pharmaceuticals, and others.
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Pillow Pack Packaging Market: Growth Factors
The key factors that are driving the pillow pack packaging market are the growing disposable income of the population, the up gradation of the consumerism, and the improved product packaging aesthetics. The novel appearance of the pillow pack packaging has increased its popularity. The pillow pack packaging can be customized and the handling features can also be changed according to the needs thus it is an added advantage to several packaging companies as it can be used for the small volume packaging. The manufacturing of the pillow pack packaging is less time consuming and are reasonably priced and thus it is being widely adopted by the manufacturers. The pillow pack packaging gives the provision of more printing surface area and is light weight. All these benefits of the pillow pack packaging are increasing the demand of the market globally.
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Pillow Pack Packaging Market: Regional Analysis
On the basis of the regional segmentation, the global pillow pack packaging market includes regions such as Asia Pacific, North America, the Middle East and Africa, Eastern Europe, Latin America, Western Europe. The region that is the global leader in the pillow pack packaging is Japan. This is due to the factor that there is a high demand for the consumer goods especially in the pharma, food, or the retail sectors. The attractive look and the enhanced safety features have compelled many of the manufacturers from the European and North American region to switch from normal packaging to pillow pack pouches. In the Western European region, the nutraceutical and the pharmaceutical products are being packed using the pillow packaging technique thus increasing the demand of the market. Latin America is another major market for the consumer products owing to the vast population; hence there is a huge demand for the pillow packaging in the consumer product sector. In the Middle East and Africa, the market is growing slowly owing to the less conscious population and due to the hot environmental condition.
Pillow Pack Packaging Market: Competitive Players
The key market players that are involved in the pillow pack packaging market include IpK Packaging Pvt. Ltd., AirPack, Packman Industries, Marss Packaging, Sealed Air, Paras Printpack, Floeter India Retort – Pouches Ltd., Elmec, Umax Packaging, and Jain Flexipack Pvt. Ltd.
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