Press Release / Business / Recyclable PE Pouch Market Estimated to Flourish at by 2028
Recyclable PE Pouch Market Estimated to Flourish at by 2028
By Neha Bhosle on November 23 2018 | 266 Views
The flexible packaging solutions have made the packaging of certain commodities easy and convenient due to its lightweight nature.
Recyclable PE Pouch Market: An Overview
There are several types of plastic pouches available worldwide for different applications. However, global need towards the recyclable plastic products and rising stringent norms against it are expected to create a healthy outlook for recyclable PE pouch market during the forecast period. Recyclable PE pouch is expected to reduce the carbon footprint due to its fully recyclable nature. The recyclable PE pouch offers features of easy opening with controlled tear opening and reclosable through ziplock or velcro. Recyclable PE pouch is highly recyclable and follows national as well as international legislation. The recyclable PE pouch is uniform & tear-resistance pouch and offers high barrier properties against moisture, light, and gases. Therefore the recyclable PE pouch is widely used for packaging products such as food, beverage, pet food, cosmetics, and personal care, home care, pharmaceutical, and other industries. Thus, the global outlook for recyclable PE pouch market is expected to remain positive during the forecast period.
Recyclable PE Pouch Market: Dynamics
The flexible packaging solutions have made the packaging of certain commodities easy and convenient due to its lightweight nature. However, its difficult recycling is expected to limits its usage to specific applications. Thus, the 100 % recyclable PE pouch is expected to gain the significant attention of various end-use industries during the forecast period. Continued economic growth, favorable demographic trends, government reforms, and initiative and increasing income levels are expected to fuel the growth of global recyclable PE pouch during the forecast period. Also, the new developments in recyclable PE pouch including resealable pouch, smaller pouch size, and easy accessibility are likely to fuel the growth of global recyclable PE pouch market during the forecast period. The availability of clear recyclable PE pouch which offers clear visibility to the products inside is proven to witness highest sales. This factor is foreseen to fuel the growth of global recyclable PE pouch during the forecast period. The increasing global preference towards the recyclable flexible packaging solution is expected to create a healthy outlook for the growth of global recyclable PE pouch market during the forecast period.
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Recyclable PE Pouch Market: Segmentation
On the basis of material type, the recyclable PE pouch market is segmented into:
Low-density polyethylene (LDPE)
High-density polyethylene (HDPE)
Linear low-density polyethylene (LLDPE)
On the basis of Pouch type, the recyclable PE pouch market is segmented into:
Stand-Up Pouches
Flat Pouches
Spouted Pouches
Retort Pouches
Others
On the basis of end use, the recyclable PE pouch market is segmented into:
Food
Dairy & Ice Cream
Crisp, Snacks, & Nuts
Cooking Aids & Spreads
Confectionery
Beverage
Hot Fill
Sports & Energy Drinks
Soft Drinks
Water
Others
Pet Food
Dry Pet Food
Wet Pet Food
Home care
Cosmetics and Personal Care
Pharmaceuticals
Industrial
Others
Recyclable PE Pouch Market: Regional Outlook
North America region is expected to dominate the global recyclable PE pouch market during the forecast period owing to the largest market share. The U.S. in the North America region is expected to be highly attractive in terms of market share while Canada is expected to be a highly attractive growth rate during the forecast period. Western Europe is expected to follow the North America region in terms of recyclable PE pouch market and projected to register notable growth rate during the forecast period. Germany in Western Europe is expected to highly attractive in terms of market share and growth rate. The Asia Pacific excluding Japan (APEJ) region is expected to register a high growth rate of recyclable PE pouch market during the forecast period. In APEJ, China is expected to accounts for largest market share while India is expected to register high growth of recyclable PE pouch market during the forecast period. The Eastern Europe region is projected to register a remarkable growth rate of recyclable PE pouch market during the forecast period.
Recyclable PE Pouch Market: Key Players
Some of the key players operating in the global recyclable PE pouch market are:
Mondi Group
Bemis Company, Inc.
Amcor Limited
Sonoco Products Company
ProAmpac LLC
Werner & Mertz GmbH
Packline USA.
Elif Holding A.S.
The Dow Chemical Company (Dow Packaging)
Winpak Ltd.
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