Stand-Up Pouches Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Stand-Up Pouches Market Research Report, Material, Type, Application and Region - Forecast till 2030 market size is expected for a significant growth rate of 7.41% in the forecast period and expected to reach USD 41.60 billion by 2030.
Increasing Use of Stand-Up Pouches Amid COVID-19 Pandemic
Globally, the COVID-19 pandemic scenario, which began in China, hindered practically all industries, including semiconductors, automotive, electronics, and others. Lockdowns, government rules, a lack of labor, raw materials, and product supply have all had a negative impact on the manufacturing sector. For a time, the market for stand-up pouches was also badly impacted. Later, it rapidly increased its demand through food and beverage applications.
Furthermore, because of the COVID-19 pandemic, a considerable quantity of healthcare packaging supplies such as syringes, vials, and cartridges are required. As a result, there is an increase in demand for stand-up pouches market research.