Market Overview:
The global fin seal pouches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fin seal pouches from various end-use industries, such as food & snacks, medical kits, pool chemicals, industrial products, coffee and tea, and others. In terms of type, the polypropylene (PP) segment is expected to lead the global fin seal pouches market during the forecast period due to its properties such as high strength-to-weight ratio and resistance against corrosion. In terms of application, the food & snacks segment is projected to lead the global fin seal pouches market during the forecast period owing to factors such as rising demand for ready-to-eat meals and growing inclination of consumers towards convenience foods.
Product Definition:
Fin seal pouches are also known as fin-seal bags, gusseted bags, and bottom sealed bags. They are a type of bag that is made with a heat-sealed seam on the side that allows it to be filled from the bottom. This design creates more space for product inside the bag and makes it easier to fill than traditional flat-bottom bags. Fin seal pouches are often used for packaging products such as pet food, snacks, candy, and other items that need more room to move around inside the package.
Polypropylene (PP):
Polypropylene is a thermoplastic polymer, which can be recycled and used for manufacturing several products. It has high demand in the packaging industry owing to properties such as excellent chemical resistance, low moisture barrier and high temperature stability. PP is widely used in food & beverage packaging applications including bottling drinks such as soft drinks due to its inertness towards chemicals and acids.
Polyester (PET):
Polyester is a synthetic, non-reactive, crystalline polymer with the molecular formula COT. It has excellent chemical and heat resistance properties. Polyester can be used in high or low temperatures without any degradation. PET (polyethylene terephthalate) is a type of polyester resin that contains carbon chains and oxygen molecules linked by ester linkages which make it clear and colorless in appearance.
Application Insights:
The food and snacks application segment led the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods and convenience foods. In addition, increasing consumption of alcoholic beverages is likely to propel demand for seal pouches in various applications including food and snacks.
The medical kits application segment accounted for a share of 15% in terms of revenue in 2017 on account of high product usage across various healthcare applications such as wound care dressings and bandages. Increasing awareness about personal hygiene coupled with growing population is anticipated to drive seal pouches sales over the forecast period thereby contributing towards overall industry growth.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as industrial development, urbanization and rising disposable income of consumers. Growing population coupled with increasing consumer spending on food & beverages has resulted in a growing demand forfin seal pouches across this region. Asia Pacific also houses some of the major manufacturing hubs for many globally renowned beverage manufacturers such as PepsiCo; Coca-Cola; Nestl©; Danone S.A.; Anheuser-Busch InBev N.V.; Heineken Holding BV; Carlsberg Breweries A/S; Tyson Foods Inc.; JBS USA Holdings Inc.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increase in the demand for convenient food options. This is driving the growth of the fin seal pouches market as they offer a quick and easy way to store and serve food.
- Rising popularity of ready-to-eat meals: Ready-to-eat meals are becoming increasingly popular due to their convenience and health benefits. This is boosting the growth of the fin seal pouches market as they are an ideal packaging option for these types of meals.
- Growing demand for sustainable packaging solutions: There is a growing awareness among consumers about the importance of sustainability, which is driving them towards sustainable packaging solutions such as fin seal pouches.
- Proliferation of ecommerce: The proliferation of ecommerce has led to a surge in online shopping, which is benefiting the fin seal pouches market as these pouches are ideal for packing small items that can be easily shipped through mail or courier services.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fin Seal Pouches Market Research Report
By Type
Polypropylene (PP), Polyester (PET), Polyethylene (PE), Polyvinyl chloride (PVC), Polyolefin, Others
By Application
Food & Snacks, Medical Kits, Pool Chemicals, Industrial Products, Coffee and Tea, Others
By Companies
IMPAK Corporation, TedPack Company Limited, Clifton Packaging Group Ltd., Sysco Industries Pvt. Ltd., Cosmo Films Limited, Amcor Limited, DS Smith plc., Mondi PLC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Fin Seal Pouches Market Report Segments:
The global Fin Seal Pouches market is segmented on the basis of:
Types
Polypropylene (PP), Polyester (PET), Polyethylene (PE), Polyvinyl chloride (PVC), Polyolefin, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Snacks, Medical Kits, Pool Chemicals, Industrial Products, Coffee and Tea, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IMPAK Corporation
- TedPack Company Limited
- Clifton Packaging Group Ltd.
- Sysco Industries Pvt. Ltd.
- Cosmo Films Limited
- Amcor Limited
- DS Smith plc.
- Mondi PLC
Highlights of The Fin Seal Pouches Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polypropylene (PP)
- Polyester (PET)
- Polyethylene (PE)
- Polyvinyl chloride (PVC)
- Polyolefin
- Others
- By Application:
- Food & Snacks
- Medical Kits
- Pool Chemicals
- Industrial Products
- Coffee and Tea
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fin Seal Pouches Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fin Seal Pouches are a type of food packaging made from a film of polyethylene terephthalate (PET) that is coated with an edible film. The pouch is sealed at one end and has a small hole in the center for dispensing food.
Some of the major companies in the fin seal pouches market are IMPAK Corporation, TedPack Company Limited, Clifton Packaging Group Ltd., Sysco Industries Pvt. Ltd., Cosmo Films Limited, Amcor Limited, DS Smith plc., Mondi PLC.
The fin seal pouches market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fin Seal Pouches Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fin Seal Pouches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fin Seal Pouches Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fin Seal Pouches Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fin Seal Pouches Market Size & Forecast, 2018-2028
4.5.1 Fin Seal Pouches Market Size and Y-o-Y Growth
4.5.2 Fin Seal Pouches Market Absolute $ Opportunity
Chapter 5 Global Fin Seal Pouches Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fin Seal Pouches Market Size Forecast by Type
5.2.1 Polypropylene (PP)
5.2.2 Polyester (PET)
5.2.3 Polyethylene (PE)
5.2.4 Polyvinyl chloride (PVC)
5.2.5 Polyolefin
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fin Seal Pouches Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fin Seal Pouches Market Size Forecast by Applications
6.2.1 Food & Snacks
6.2.2 Medical Kits
6.2.3 Pool Chemicals
6.2.4 Industrial Products
6.2.5 Coffee and Tea
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fin Seal Pouches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fin Seal Pouches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fin Seal Pouches Analysis and Forecast
9.1 Introduction
9.2 North America Fin Seal Pouches Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fin Seal Pouches Market Size Forecast by Type
9.6.1 Polypropylene (PP)
9.6.2 Polyester (PET)
9.6.3 Polyethylene (PE)
9.6.4 Polyvinyl chloride (PVC)
9.6.5 Polyolefin
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fin Seal Pouches Market Size Forecast by Applications
9.10.1 Food & Snacks
9.10.2 Medical Kits
9.10.3 Pool Chemicals
9.10.4 Industrial Products
9.10.5 Coffee and Tea
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fin Seal Pouches Analysis and Forecast
10.1 Introduction
10.2 Europe Fin Seal Pouches Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fin Seal Pouches Market Size Forecast by Type
10.6.1 Polypropylene (PP)
10.6.2 Polyester (PET)
10.6.3 Polyethylene (PE)
10.6.4 Polyvinyl chloride (PVC)
10.6.5 Polyolefin
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fin Seal Pouches Market Size Forecast by Applications
10.10.1 Food & Snacks
10.10.2 Medical Kits
10.10.3 Pool Chemicals
10.10.4 Industrial Products
10.10.5 Coffee and Tea
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fin Seal Pouches Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fin Seal Pouches Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fin Seal Pouches Market Size Forecast by Type
11.6.1 Polypropylene (PP)
11.6.2 Polyester (PET)
11.6.3 Polyethylene (PE)
11.6.4 Polyvinyl chloride (PVC)
11.6.5 Polyolefin
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fin Seal Pouches Market Size Forecast by Applications
11.10.1 Food & Snacks
11.10.2 Medical Kits
11.10.3 Pool Chemicals
11.10.4 Industrial Products
11.10.5 Coffee and Tea
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fin Seal Pouches Analysis and Forecast
12.1 Introduction
12.2 Latin America Fin Seal Pouches Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fin Seal Pouches Market Size Forecast by Type
12.6.1 Polypropylene (PP)
12.6.2 Polyester (PET)
12.6.3 Polyethylene (PE)
12.6.4 Polyvinyl chloride (PVC)
12.6.5 Polyolefin
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fin Seal Pouches Market Size Forecast by Applications
12.10.1 Food & Snacks
12.10.2 Medical Kits
12.10.3 Pool Chemicals
12.10.4 Industrial Products
12.10.5 Coffee and Tea
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fin Seal Pouches Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fin Seal Pouches Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fin Seal Pouches Market Size Forecast by Type
13.6.1 Polypropylene (PP)
13.6.2 Polyester (PET)
13.6.3 Polyethylene (PE)
13.6.4 Polyvinyl chloride (PVC)
13.6.5 Polyolefin
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fin Seal Pouches Market Size Forecast by Applications
13.10.1 Food & Snacks
13.10.2 Medical Kits
13.10.3 Pool Chemicals
13.10.4 Industrial Products
13.10.5 Coffee and Tea
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fin Seal Pouches Market: Competitive Dashboard
14.2 Global Fin Seal Pouches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IMPAK Corporation
14.3.2 TedPack Company Limited
14.3.3 Clifton Packaging Group Ltd.
14.3.4 Sysco Industries Pvt. Ltd.
14.3.5 Cosmo Films Limited
14.3.6 Amcor Limited
14.3.7 DS Smith plc.
14.3.8 Mondi PLC
