China Pouches Market Size & Outlook, 2023-2030
China pouches market, 2018-2030 (US$M)
Related Markets
China pouches market highlights
- The China pouches market generated a revenue of USD 6,795.2 million in 2023 and is expected to reach USD 11,023.3 million by 2030.
- The China market is expected to grow at a CAGR of 7.2% 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.
Pouches market data book summary
| Market revenue in 2023 | USD 6,795.2 million |
| Market revenue in 2030 | USD 11,023.3 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Bioplastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 16.1% of the global pouches market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pouches market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,578.0 million by 2030.
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Pouches Market Scope
Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 64.82% in 2023. Horizon Databook has segmented the China pouches market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
The country emerged as a manufacturing hub in the global supply chain with an extensive presence of end-use companies. The presence of a large population with substantial disposable income makes China one of the fastest growing packaged food markets.
Factors such as busy lifestyles and rising disposable incomes have contributed to the increasing demand for convenience and packaged food products, which, in turn, is expected to favor the growth of the pouches market in the country over the coming years.
China has faced environmental issues related to plastic pollution, which has forced the government to take initiatives toward a more sustainable model for all industries. Pouches are an ideal substitute for rigid packaging that requires a huge quantity of raw materials, which eventually end up in landfills due to the lack of ample recycling infrastructure.
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Target buyers of China 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 country-level data and insights on the China pouches market , including forecasts for subscribers. This country databook contains high-level insights into China pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China pouches market size, by material, 2018-2030 (US$M)
China Pouches Market Outlook Share, 2023 & 2030 (US$M)
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