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Valued at $35 billion in 2019.
July 10, 2020
By: Anthony Locicero
Copy editor, New York Post
The global pouches market size was valued at $35 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2020 to 2027. Rising demand for packaged food and beverages coupled with the convenience of use and cost-effectiveness of pouches as compared to rigid packaging products is principally driving the demand for the product across the world. Pouches occupy lesser space in vehicles owing to their compactness, besides lightweight of the pouches significant...
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