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Rice Paper Stand-up Pouch Market is set to garner US$ 101.2

December 20, 2022 20:30 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.

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Rice Paper Stand-up Pouch Market is set to garner US$ 101.2

DUBAI, United Arab Emirates, Dec. 20, 2022 (GLOBE NEWSWIRE) -- The global rice paper stand-up pouch market is anticipated to expand at a phenomenal CAGR of 6% during the forecast period from 2022 to 2032. The global market is predicted to be estimated at US$ 56.5 Billion in 2022 and secure a value of US$ 101.2 Billion in 2032. The growth of the market is attributed to the benefits offered by rice paper stand up against rigid packaging products such as bottles and cans.

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Furthermore, rice paper stand-up pouches are a type of bag that can stand on its own. The original pouch design was patented in 1968. The pouch designs have evolved over the years and have innovative design features such as convenient tear notches for easy opening, re-closable zipper, and some styles have a window for easy opening.

A rice paper stand-up is crafted with various layers of barrier materials that are built into one continuous sheet. The barrier materials along with the bag construction denote the shelf life of the packaging. Therefore, choosing a higher quality bag will result in higher durability. There is an outer layer, a mid-layer, and an inner layer. The layers help to protect and prevent the product from external odors, UV light, oxygen, and moisture. In addition, these bags have various applications comprising coffee packaging, candy packaging, pet packaging, beauty product packaging, tea packaging, and others.

The rice paper stand-up pouch is expected to witness a higher demand over the projection period. The brads are making a drastic transition from the conventional method of packaging to rice paper stand-up packaging. The bags are stored flat that also saves retail space. Besides, they are lightweight, companies are making enormous savings in shipping and freight costs.

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Some of the eminent players (Amcor Ltd, Sealed Air Corporation, Berry Global Group, Winkpak Group, Uflex Ltd.) in the global rice paper stand-up pouch market are focusing on technological advancements and new product launches in order to get an edge over the global landscape.

More Insights into the Rice Paper Stand-Up Pouch Market

India is expected to project impeccable growth in the market over the assessment period owing to the increasing population in the urban area and the growing per capita expenditure on packaged food. The growing initiatives by the players of the market to innovate and produce customized packaging products is another salient cause driving the market in the region.

Key Segments Profiled in the Rice Paper Stand Up Pouch Market

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1. Executive Summary     1.1. Global Market Outlook     1.2. Demand-side Trends     1.3. Supply-side Trends     1.4. Technology Roadmap Analysis     1.5. Analysis and Recommendations

2. Market Overview     2.1. Market Coverage / Taxonomy     2.2. Market Definition / Scope / Limitations

3. Market Background     3.1. Market Dynamics         3.1.1. Drivers         3.1.2. Restraints         3.1.3. Opportunity         3.1.4. Trends     3.2. Impact of Covid-19         3.2.1. Demand in Optimistic Scenario         3.2.2. Demand in Likely Scenario         3.2.3. Demand in Conservative Scenario

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Rice Paper Stand-up Pouch Market is set to garner US$ 101.2

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