Asia Pacific Pouches Market Size & Outlook, 2023-2030
Asia Pacific pouches market, 2018-2030 (US$M)
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Asia Pacific pouches market highlights
- The Asia Pacific pouches market generated a revenue of USD 16,328.1 million in 2023.
- The market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Bioplastics is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 16,328.1 million |
| Market revenue in 2030 | USD 25,932.7 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Bioplastics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Paper, Metal, Bioplastics |
| Key market players worldwide | Amcor PLC, Mondi PLC, Sealed Air Corp, Constantia Flexibles, Coveris, Goglio Group, ProAmpac, Gualapack SpA, Huhtamäki Oyj, Smurfit Kappa Group PLC |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 38.7% of the global pouches market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 25,932.7 million by 2030.
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Pouches Market Scope
Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific pouches market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pouches market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 64.86% in 2023. Horizon Databook has segmented the Asia Pacific pouches market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific emerged as the largest region in the global pouches market owing to the presence of highly populous countries such as India and China and an extensive presence of end-use companies. End-use industries such as food & beverage, healthcare, personal care & cosmetics, homecare, and others in Asia Pacific are witnessing robust growth compared to the developed regions.
This is attributed to rising disposable incomes, rapid urbanization, and increasing penetration of retail chains & e-commerce. Thus, the region is expected to witness the fastest growth in the global pouches market from 2020 to 2028.
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Target buyers of Asia Pacific pouches market databook
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Our clientele includes a mix of pouches market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific pouches market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific pouches market size, by country, 2018-2030 (US$M)
Asia Pacific Pouches Market Outlook Share, 2023 & 2030 (US$M)
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