Stick Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Currently the demand for sustainable packaging is prevailing in the global stick packaging market with the development of eco-friendly packaging solution. Continuous development and innovation in the area of flexible packaging has supported manufacturers in creating small packaging products, ultimately driving the demand for stick packaging. Another key factor for the growth of global stick packaging market is the rising disposable income coupled with growth of the global retail industry. 

In addition to this, the rising demand for the packaged food due to health issues is another factor that is driving the growth of global stick packaging market. Another reason towards the growth of global stick packaging market is the busy life style of the consumer that encourage the consumption of on-the-go product. The need for the high barrier flexible packaging such as moisture free, dust free solution is another prominent reason to drive the growth of the global stick packaging market. 


Flexible packaging has engrave as a prime solution in the overall packaging market and this growth trend seems to continue against the prospect of environment regulation that propels the companies to find for greener alternatives. Moreover, flexible packaging is rapidly gaining traction against the traditional rigid packaging solution especially in the food & beverages industry. 

Stick packaging is a type of flexible packaging which is primarily adopted in the food & beverages industry and ideal to pack products related to powder, liquid and granules. It helps to maintain the freshness as well as extend the shelf life of the product. It is portable and convenient for on-the-go consumers. The raw material for stick packaging include paper, aluminum foil or plastic which is an easy yielding material that can easily transform its shape on the nature of the product.

Comments

Popular posts from this blog

Floor Grinding Machines Market Projected to Reach $344.6 million by 2027

Energy-Efficient Windows Market Segmentation and Key Companies by 2027

Press Brakes Market Exploring the Growth at a CAGR of 5.9% By 2032