Global Stick Packaging Market
Global Stick Packaging was valued at US$ 1.23 Million in 2021, estimated to reach US$ 1.65 Million in 2027, with a CAGR of 4.05% from 2022-2027.
Tube-shaped, sealed and flexible packaging containers used to store dry, liquid, and semi-liquid products in small quantities refer to Stick packaging and it is normally used as a single-serve, on-the-go and easy-to-handle packaging solution. A type of flexible pouch suitable for food packaging is also define as Stick Packaging.
Market Drivers
The increasing need for precise dosing and portion control is one of the prominent factors boosting the demand for the stick packs during the forecast period thus propelling the market growth.
Substantial growth in the food and beverage industry is one of the main factors that drives the Stick Packaging market growth.
With this a shift in the preference from rigid to flexible stick packaging as it more cost-effective, aesthetically appealing, customizable, durable and easily transportable is also a important market driving factor.
Market Restraints
The lack of awareness among the consumers about the stick packaging market value followed by its recompenses and capability to decrease environmental harm is main restraining factor for the Stick Packaging Market growth.
Market Segmentation
Stick Packaging Market is segmented into major 4 categories. Based on Material, the market is segmented into Plastic, Paper, Metal. Based on End Use, the market is divided into Food & Beverages, Pharmaceutical, Cosmetics & Personal Care, Homecare. Based on Application, the market is segmented into Powder Products, Liquid Products, Solid Products. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
North America is anticipated to accounted the Largest Share owing to the rising working population in the region, joined with their busy lifestyles, has given growth to the need for on-the-go consumable products with travel accessibility and ease of consumption and this is likely to drive the adoption of stick packs in the region.
Asia-Pacific region also witness the substantial growth in the market due to the increasing growth of the pharmaceutical, food and beverage, personal care, and cosmetic industries.
Market Key Players
Some of the key players operating in Global Stick Packaging Market are Bemis company, Amcor Corporation, Bosch Packaging Technology, Reynolds Group, Smurfit Kappa Group, Berry Plastics, Exair Corporation, Rpc Group, Sanofi-aventis SpA, Coveris Rexam, and others.
Industry development
In October 2020, one of the prominent market players - Berry Bramlage had launched its new and latest version of 75ml of stick manufactured from propylene. This has enhanced the recyclable properties followed by its functionality that will help the market during the period that ends in 2028.
The competitive players that are functional in the global market premises are opting for the enhancement of the product portfolio followed by the ventures that are on the rise in the form of mergers and acquisitions will help strengthen the market share as per the predictions that have been laid for the period that ends in 2028.
In October 2018, another market company - Pylote and Amcor took to the international scale for the launch of a new sticker pack that laminates for liquid pharmaceutical applications. These are likely to avoid the use of preservatives in the global market premise during the forecast period.
Global Stick Packaging Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Stick Packaging Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Stick Packaging Market, By Material
5.1 Y-o-Y Growth Comparison, By Material
5.2 Stick Packaging Market Share Analysis, By Material
5.3 Stick Packaging Market Size and Forecast, By Material
5.3.1 Plastic
5.3.2 Paper
5.3.3 Metal
6 Stick Packaging Market, By End Use
6.1 Y-o-Y Growth Comparison, By End Use
6.2 Stick Packaging Market Share Analysis, By End Use
6.3 Stick Packaging Market Size and Forecast, By End Use
6.3.1 Food & Beverages
6.3.2 Pharmaceutical
6.3.3 Cosmetics & Personal Care
6.3.4 Homecare
7 Stick Packaging Market, By Application
7.1 Y-o-Y Growth Comparison, By Sales Channel
7.2 Stick Packaging Market Share Analysis, By Sales Channel
7.3 Stick Packaging Market Size and Forecast, By Sales Channel
7.3.1 Powder Products
7.3.2 Liquid Products
7.3.3 Solid Products
8 Stick Packaging Market, By Region
8.1 Stick Packaging Market Share Analysis, By Region
8.2 Stick Packaging Market Share Analysis, By Region
8.3 Stick Packaging Market Size and Forecast, By Region
9 North America Stick Packaging Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Stick Packaging Market Share Analysis, By Material
9.3 North America Stick Packaging Market Size and Forecast, By End Use
9.4 North America Stick Packaging Market Size and Forecast, By Sales Channel
9.5 North America Stick Packaging Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Stick Packaging Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Stick Packaging Market Share Analysis, By Material
10.3 Europe Stick Packaging Market Size and Forecast, By End Use
10.4 Europe Stick Packaging Market Size and Forecast, By Sales Channel
10.5 Europe Stick Packaging Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Stick Packaging Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Stick Packaging Market Share Analysis, By Material
11.3 Asia Pacific Stick Packaging Market Size and Forecast, By End Use
11.4 Asia Pacific Stick Packaging Market Size and Forecast, By Sales Channel
11.5 Asia Pacific Stick Packaging Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Stick Packaging Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Stick Packaging Market Share Analysis, By Material
12.3 Latin America Stick Packaging Market Size and Forecast, By End Use
12.4 Latin America Stick Packaging Market Size and Forecast, By Sales Channel
12.4 Latin America Stick Packaging Market Size and Forecast, By Network Route of Administration
12.5 Latin America Stick Packaging Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Stick Packaging Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Stick Packaging Market Share Analysis, By Material
13.3 Middle East Stick Packaging Market Size and Forecast, By End Use
13.4 Middle East Stick Packaging Market Size and Forecast, By Sales Channel
13.5 Middle East Stick Packaging Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Bemis company
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Amcor Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Bosch Packaging Technology
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Reynolds Group
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Smurfit Kappa Group
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Berry Plastics
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Exair Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Rpc Group
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Sanofi-aventis SpA
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Coveris Rexam
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
