Global Polyester Stick Packaging Market, By Filler Type (Powder, Liquid and Tablets), Capacity (0 - 5 ml, 5 ml - 10 ml, 10 ml - 15 ml, 15 ml - 20 ml, 20 ml and Above), Application (Cosmetics and Personal Care, Food and Beverages, Industrial, Pharmaceuticals, Nutraceuticals and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Data Bridge Market Research analyses that the polyester stick packaging market will project a CAGR of 6.1% for the forecast period of 2021-2028 and will reach USD 240.88 million by 2028. Rising focus on the packaging product innovations and technological advancements by the manufacturers, growth and expansion of packaging industry especially in the developing economies like India and China, surging demand for polyester stick packaging solutions by the pharmaceuticals industry and increased personal disposable income are the factors driving the growth of polyester stick packaging market.
Stick packaging refers to a packaging solution that is used in case of food bundling. From the name itself, it is clear that in polyester stick packaging, the raw material used is polyester. Stick packaging is used as flexible packaging solution as they offer a great degree of portability and convenience. Flexible packaging is generally used for solid, semi-solid or liquids substances. The polyester stick packaging solutions are used for sweetener, powdered milk, coffee and tea, and various pharmaceutical products. Stick packaging solutions are also used for the purpose of labelling and grading. In other words, this kind of packaging solution encloses the product and facilitates providing a space for detailing the package.
Rising urbanization, modernization, and globalization is driving the growth in the polyester stick packaging market value. Growing demand for stick packaging solutions by food and beverages industry and growth and expansion of cosmetics and personal care industry will further induce growth in the polyester stick packaging market value. Surging research and development proficiencies, rising availability of stick packaging with multi-laminated film structures, growing demand for innovative packaging solutions and easy availability and affordability of machine for bulk production are some other polyester stick packaging market growth determinants.
However, lack of awareness and consciousness in the underdeveloped economies will create hindrances for the polyester stick packaging market growth rate. Fluctuations in the prices of raw materials and high cost of packaging material will further dampen the polyester stick packaging market growth rate. Also, supply chain disruptions owing to the pandemic and stringent regulations imposed by the government regarding printing on stick packs will hamper the polyester stick packaging market growth rate.
This polyester stick packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on polyester stick packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Polyester Stick Packaging Market Scope and Market Size
Global polyester stick packaging market is segmented on the basis of filler type, capacity and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of filler type, the polyester stick packaging is segmented into powder, liquid, tablets.
- On the basis of capacity, the polyester stick packaging is segmented into 0 - 5 ml, 5 ml - 10 ml, 10 ml - 15 ml, 15 ml - 20 ml, 20 ml & above.
- On the basis of application the polyester stick packaging is segmented into cosmetics and personal care, food and beverages, industrial, pharmaceuticals, others.
Polyester Stick Packaging Market Country Level Analysis
Global polyester stick packaging market is segmented on the basis of filler type, capacity and application.
The countries covered in the polyester stick packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region will dominate the global polyester stick packaging market during the forecast period owing to the spiking need for on-the-go consumable products. Asia-Pacific will continue to undergo substantial gains. Availability of raw materials and increased personal disposable income are some important market growth determinants.
The country section of the polyester stick packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polyester Stick Packaging Market Share Analysis
The polyester stick packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to polyester stick packaging market.
The major players covered in the polyester stick packaging market report Huhtamaki Oyj, Constantia Flexibles, Sonoco Product Company, Mondi, Smurfit Kappa, Amcor plc, Glenroy, Inc., GSC Packaging, Inc., Berry Global Inc., Bemis Manufacturing Company, S-One Labels & Packaging., Hearthside Food Solutions LLC, Green Seed Group, NELLSON ANAHEIM, Aaron Thomas Company, Inc., Label Impressions, Inc., Ion Labs Inc., Turpack Packaging Machinery, Multiko Packaging and Colour Flex among other global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.