Global Stand-Up Pouches Market To Expand At A Notable CAGR Of 7% During The Forecast Period 2023
Overview The expansion of packaging industry is leading to the development of innovative packaging solutions in the global market. The report published by Market Research Future (MRFR) states that the global stand-up pouches market is marked to exhibit notable expansion at a CAGR of 7% during the forecast period of 2016-2022. Increasing popularity of packaged food and beverages in the urban areas of developed and developing region as a result of changing lifestyles and dietary habits of the population in these regions and growing preference for ready to consume food products are majorly propelling the growth of the global stand up pouches market. Increased demand for flexible packaging in various industries such as food and beverages, pharmaceuticals, cosmetics, personal care, consumer electronics and others is also aiding the expansion of the global stand-up pouches market. Proliferation in government campaigns to promote awareness regarding the utilization of recyclab