Twin Pouch Packaging Market share continue to grow by 2016-2024
Sarasota, FL -- (SBWIRE) -- 12/06/2017 -- Twin pouch has two compartments that are joined together with a center perforation for the easiness to rip and thus providing handiness to the consumers. The center perforation between the two compartments prevents the packed products from getting in contact with each other. Also, prevents exposure to external factors which include moisture. Twin pouch is a simple, reliable, and economical packaging solution which is easily available in the market in various formats such as multi-sealed twin pouches and stand-up twin pouches. It provides longer shelf life to the products as it protects the product from internal as well as external factors.
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The global segmentation of the twin pouch packaging market includes applications and the material used. Depending on the applications, the market is divided into food and beverages, FMCG, veterinary, agriculture, and healthcare. In terms of application, consumer goods, ready-to-cook food packaging, and cosmetics dominate the twin pouches packaging market. Based on the material used, the market is segregated into polypropylene, biaxial oriented polypropylene film, polyethylene terephthalate, low-density polyethylene, and others.
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The consumers are inclining towards flexible, lightweight, and convenient packaging, thus increasing the demand for twin pouches packaging from the manufacturer's end. The increased dependency on packed ready to cook food due to the busy lifestyle has increased the demand for flexible packaging in order to meet the product requirements. Varieties of twin pouches are available in the market such as bottom-seal, back-seal, and top-seal thus giving the advantage of larger space for the products with minimum usage of film. Recently, the number of supermarkets, hypermarkets, and superstores has increased significantly. Thus, the global twin pouch packaging market anticipates having steady market growth in the coming years. The factors that restrain the market growth are the volatile prices of the raw materials such as polyethylene, polyethylene terephthalate (PET), polypropylene, etc. which are required for manufacturing of the pouches.
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Region-wise, the twin pouch packaging market is diversified into Eastern Europe, Western Europe, North America, Latin America, Asia-Pacific, and the Middle East and Africa. The market growth in Asia Pacific region is high as compared to other regions in the global market. The main factor that contributes to this growth is the consumer's inclination towards attractive and convenient packaging. Developing nations such as India and China are the major consumers of the twin pouches packaging and it is going to remain the same in the future. Polymer production of polyethylene and polyethylene terephthalate which is used in the manufacturing of flexible pouches is highest in Europe and North American region. The increasing food & beverages industry in these regions is expected to create a wide range of opportunities for the twin pouch packaging market.
Some of the key market players that are involved in the twin pouch packaging market include SN Maschinenbau GmbH., Swiss Pac Pvt. Ltd., Anzu Technology LLC, Amcor Limited, and Macwell Group.
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