Pouches Market to Surpass US$ 67.7 Billion at a CAGR of 5.2% by 2028
IMARC Group has recently released a new research study titled " Pouches Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028 ", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. Market Outlook: Year considered to estimate the market size: • Base year of the analysis: 2022 • Historical period: 2017-2022 • Forecast period: 2023-2028 The global pouches market size reached US$ 49.6 Billion in 2022 . Looking forward, IMARC Group expects the market to reach US$ 67.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028. Pouches are versatile, flexible bags or sacks designed to enclose small quantities of products and articles. They are crafted using multiple layers of films that protect against moisture, light, and odor. Pouches are cost-effective as they require fewer raw materials and reduce packaging ...