Title: Open Pouch Laminates Market-Rapid growth packaging industry by 2017–2024
1Open Pouch Laminates Market Price, Packaging
Trends, Industry Outlook Forecast 2017-2024
2Global Market Scenario of Open Pouch Laminates
Industry
- Global Open Pouch Laminates Market size is likely
to expand at a prominent CAGR in the forecast
period. Open pouch laminates are one of the
important packaging solutions to food beverage
and pharmaceutical manufacturers these days. - The prime factor responsible for propelling open
pouch laminates market size is the booming
product demand in pharmaceutical industry. It is
extensively used in variety of pharmaceutical
products such as small size medical devices,
capsules and tablets. The product is widely used
by pharmaceutical manufacturers owing to moisture
prevention property. - Increasing reliable and intact packaging
solutions demand in the food beverage industry
will positively influence the global open pouch
laminates market size by 2024. The product is
majorly used in packaging of frozen foods,
perishable food items, food products (which
requires heat preservation) and cold
non-alcoholic beverages
3 Continue
- Based on type of product, the open pouch
laminates market size can be segmented into
paper, polyethylene, aluminum and aluminum foil.
Though, polyethylene open pouch laminates have
durability and superior tamper resistance, yet
paper open pouch laminates market is gaining
popularity among consumers owing to its
bio-degradability and easy availability. - Reasons to Buy This Report
- 1. Open Pouch Laminates Market size
share forecast by product application,
2017-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Key Open Pouch Laminates Market growth
opportunities emerging business models - 4. Competitive benchmarking with market
share analysis and company profiles - Aluminum open pouch laminates are widely used in
computer hardware, pharmaceutical, health
supplements and beverage industry. This can be
attributed to its heat abrasion resistance
properties, hygienic packaging, contamination
free and user friendly aesthetics. - Open pouch laminates market share finds extensive
application in pharmaceutical and food beverage
industry. In the pharmaceutical industry, the
product is mainly used in oral dissolve strips
and transdermal trans mucosal drug delivery
system. Properties such as seal integrity and
compatibility with different sterilization
techniques make the product highly desirable for
packaging of medicines and drugs in
pharmaceutical industry.
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Research Methodology
5Regional Insights
- Asia Pacific is anticipated to be the fastest
growing region over the forecast period. This can
be attributed to the exponential growth of
pharmaceutical industry in this region. - India and China are expected to be the major
consumers of the open pouch laminates in Asia
Pacific owing to the huge investments in
healthcare and pharma sector done by their
respective governments. - Similar growth prospects for open pouch laminates
market size is shown by countries such as France,
Germany and England in Europe due to steady
growth of pharmaceutical sector in these
countries.
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6Competitive Insights
- The prominent market players functional in the
product market are - Rotek laminates, Amcor limited, USI Inc., Mondi
group and Oracle packaging. - Other companies include
- Alta Global Inc., Shako Flexipack Private
Limited, DaklaPack Group and Paras Print Pack.
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