Skip to main content

Reinforced Handle Pouch Market: Expanding Application Areas to Drive the Global Market Growth

Changing consumer lifestyle across the continents has affected packaging industry in many ways. Packaging manufacturers are now not only focusing on protection of the packaged item from external environment but also improving the shelf life and aesthetic properties of the packed items. Pouches are one such packaging format widely used for packaging of food items and to tap the huge potential of the pouches, packaging manufacturers are focusing on innovations to attract more consumers and to improve their experience. Reinforced handle pouch are invented by packaging manufacturers to address the problems faced while carrying fresh produce and other items in regular pouches, reinforced pouches has emerged as a durable packaging solution without any significant investment. Commonly used materials for manufacturing of reinforced handle pouch are Polyethylene (PE), Polypropylene (PP) and Polyethylene terephthalate (PET).
Reinforced Handle Pouch Market: Market Dynamics
Manufacturers are switching to modern flexible packaging over traditional rigid packaging solutions attributed to reduced manufacturing cost and technological advancements. Flexible packaging is estimated to be US$ 238 bn in 2016 and expected to grow at a CAGR of over 5.2% during the forecast period. Reinforced handle pouch is an example of an extensively used flexible packaging format for packaging of food items and other articles. Durability of reinforced handle pouch over regular pouches is the key driver driving reinforced handle pouch market. Some other factors such as high printability and ease in usage are some other factors supporting the growth in reinforced handle pouch market.


Rapidly changing lifestyle of the eastern region is another factor creating demand in reinforced handle pouch market as the consumers are preferring for packed food items and the penetration of the modern retail outlets is rapidly increasing in the region. Availability of the raw material at a cheap price is increasing manufacturer’s attractiveness towards the reinforced handle pouch. However, stringent government policies for the use of plastic may hamper the growth in reinforced handle pouch market. Despite stringent government policies for the use of plastic in many countries, the demand for reinforced handle pouch is expected to increase over the forecast period attributed to its ease in disposability and small carbon foot print.

Reinforced Handle Pouch Market: Market Segmentation
Reinforced handle pouch market is segmented by material type, and by application type.

Based on the material type, reinforced handle pouch market is segmented into:
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyethylene Terephthalate (PET)
  • Others
Based on the application type, reinforced handle pouch market is segmented into:
  • Fresh Cut Produce
  • Snacks
  • Dried Food
  • Frozen Food
  • Others (Industrial use)
Reinforced Handle Pouch Market – Regional Outlook:
Regionally global reinforced handle pouch market is segmented into
  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia-Pacific excluding Japan (APEJ)
  • Middle East & Africa (MEA)
  • Japan
APEJ region is expected to lead the reinforced handle pouch market over the forecast period on the backdrop of increasing penetration modern retail outlets in the region. North America is expected to remain as the dominant contributor among developed region for reinforced handle pouch market. Western and Eastern Europe region are expected to grow at a moderate growth rate over the forecast period. Latin America and MEA are expected to be attractive region in terms of growth despite their small contribution in reinforced handle pouch market. Japan is expected to contribute significant share in reinforced handle pouch market as the consumers in the region are preferring for products in small quantity.


Reinforced Handle Pouch Market – Key Players:
Some major players of the reinforced handle pouch market are Emerald Packaging, Inc., M Pak Plastics, Chantler Packages, Robbie Bags & Pouches, Layfield Group. Ltd., Richmond Plastics Ltd, Covertech Flexible Packaging Inc., BSB Packaging, Hurontario Packaging Inc., Burgass Carrier Bags, Dongguan Min Lee Packaging Materials Co., Ltd., CCA Packaging Manufacturing Ltd., Xiamen Ynzo Industry & Trading Co., Ltd, Dongguan Kinshun Packing Materials Co., Ltd., and Sekotech International Co.

Comments

Post a Comment

Popular posts from this blog

Wi-Fi Chipset Market Poised for an Explosive Growth in the Near Future

Wi-Fi is a technology based on the IEEE 802.11 standard which connects two or more devices using wireless communication within a limited area such as office building, school, home, or computer laboratory. Usage of Wi-Fi has increased significantly in residential and commercial places since the last several years due to the ease of its installation and operation. Currently, a number of devices including video-game consoles, digital cameras, digital audio players, digital printers, smart TVs, tablets, phones, and personal computers are available with built-in Wi-Fi technology. These devices can connect to the internet with the help of wireless access point or wireless LAN (Local Area Network) and can provide control and monitoring of a system from a remote location. Wi-Fi chipsets usually operate in 2.4 gigahertz UHF (Ultra High Frequency) band and 5.8 gigahertz SHF (Super high frequency) band. Wi-Fi Alliance, comprising more than 375 organizations worldwide, establishes and enforces W...
Post a Comment
Read more

Keyless Entry System Market: Industry Outlook, Growth Prospects and Key Opportunities

Keyless entry system is technology that provides physical access to an individual inside any premises or automotive without the use of a mechanical key for performing the locking and unlocking operation. Keyless entry system provides an enhanced convenience and security to the users. In case of a keyless entry system, the users get secure and authorized access to an automotive or premise with the use of various external devices or gesture such as a keyless fob or a smart card, or by the use of their own voice, fingerprints or facial recognition among others. Owing to rapidly increasing adoption of smart technologies across various application sectors, keyless entry systems is increasingly installed among users especially in the transportation sector, government sector, banking financial services and insurance (BFSI) sectors and hospitality industry among others. The global Keyless Entry System market is anticipated to experience a robust growth during the forecast period from 2017 to...
Post a Comment
Read more

Li-Fi Market - Driving factor is the increase in demand for high-speed data transmission

Li-Fi (light fidelity) is a visible light communications (VLC) system which provides wireless communications at very high speed. Li-Fi is a technology used for wireless communication by using light to transmit data. Li-Fi uses LED bulbs for data transmission. Li-Fi provides higher speed than Wi-Fi. Li-fi technology is faster and it provides more reliable internet connections, and is capable of catering to the demand of high data usage The driving factor for the global Li-Fi market is the increase in demand for high-speed data transmission. Li-Fi technology transmits data at very high speed and is capable of delivering 224GB of data per second. Furthermore, it offers better security as compared to Wi-Fi. Due to its high speed, Li-Fi technology can be widely used in electromagnetic sensitive areas, such as, hospitals, airplanes, and nuclear power plants. Innovation and new product launches are further boosting the growth of the market. For instance, in December 2017, Velmenn introdu...
Post a Comment
Read more