Re-Closable Pouches Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2023

In order to meet the customer’s growing need for convenient packages and growing emphasis on developing sustainable packaging alternatives, the traditional packaging forms are being replaced by the novel and flexible forms of packaging. One such novel form of packaging is the re-closable pouch. The term ‘re-closable pouch’ refers to a pouch that, as against conventional packaging pouches, can be resealed or closed after use or dispensing the contents of the package. Re-closable pouches, also referred to as re-sealable pouches, have witnessed a swift growth in demand as compared to that for conventional pouches. Re-closable pouches can be customized and manufactured in a variety of shapes and sizes and thus prove to be an ideal solution to numerous packaging needs. The demand for re-closable pouches have been projected to witness a steady growth during the forecast period. Re-closable pouches find application across various end user industries including pharmaceuticals, personal care, food and beverage.

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Market Dynamics: Drivers, Opportunities, & Restraints

Re-closable pouches market has witnessed a steady growth over the forecast period. The uniqueness of the re-closable pouches is their ease of use, versatility of design, and sustainable form of packaging among others. The demand for the re-closable pouch packaging exists across diverse set of industries. However, food & beverages industry is a major end use industry for re-closable pouches. As such, growth of food and beverages industry in general and the emphasis on developing aesthetically appealing yet functional packaging solutions is expected to drive the demand for re-closable pouches over the forecast period. Major factors propelling the demand for re-closable pouches are their versatility, barrier properties and sustainability. The fact that these re-closable pouches are available in multitude of...