Report Overview
The stick packaging market was valued at US$384.521 million in 2022 and is expected to grow at a CAGR of 4.78% during the forecast period.
Stick packaging is a form of flexible packaging that is mostly used for food packing. It is a sort of vertical elongation packaging that is simple to handle and is commonly used to pack on-the-go items. They have a low environmental impact and are less expensive than other types of packaging. Stick packaging is one of the most cost-effective and environmentally friendly packaging options on the market. The market is expected to rise due to increased demand for flexible packaging from different end-use industries such as food and drinks, pharmaceuticals, and other packaging. Furthermore, an increase in disposable income, along with a shift in consumer preference toward packaged food goods, is expected to drive market expansion.
Introduction:
Stick packaging refers to tube-shaped, sealed, and flexible packaging containers used to store tiny quantities of dry, liquid, and semi-liquid items. It is made of paperboard, polyethene, polyester, polypropylene, aluminium foil, or plastic and is often used as a single-serve, on-the-go, and easy-to-handle packaging option. Stick packaging options are more cost-effective, sustainable, and convenient, and have a reduced carbon impact than standard packaging materials. They are also more efficient than bigger storage packs since the contents are less likely to deteriorate owing to moisture, contamination, or waste. As a result, stick packaging is widely used in a variety of sectors, including pharmaceuticals, nutraceuticals, food and beverage, and consumer products. Significant expansion in the food and beverage industry is one of the primary drivers driving the market's favourable outlook. Moreover, the rising demand for flexible packaging is propelling the industry forward. In accordance with this, there is a movement in preference from rigid to flexible stick packaging since it is more cost-effective, aesthetically appealing, adaptable, durable, and readily transportable, resulting in an optimistic market outlook. Various product improvements, such as the creation of environmentally friendly stick packaging, are also working as growth drivers. Other factors, such as growing urbanization and growing consumer disposable incomes, as well as an increased need for single-serve packaging to store pharmaceutical and nutraceutical items, are likely to boost the market even further.
Drivers:
Products offered by key companies:
- Stick Pack, Amcor PLC: StickPack is a new single-serve pack solution with a simple open mechanism obtained by weakening the outer layer in the register. Specification choices can be used to attain greater barrier levels while preserving product quality. Customized sizes and designs for package distinctiveness are available.
- Stick Pack, Proampac Llc: Proampac's stick-pack provides single-serve solutions with vivid, eye-catching patterns to promote one's business. Customers may easily open the pack with their PRO-TEAR® laser scoring option for quick beverage mixing on the go. This stick pack is ideal for instant coffee, instant tea, and flavour packs.
The prominent growth in the plastic sector under the material type segment
The plastic sector dominates the worldwide stick packaging market, and this trend is projected to continue in the future. This is due to the growing popularity of plastic stick packaging solutions due to their numerous benefits, as well as the increased use of recycled plastic in the production of stick packaging. Plastic stick packets provide consumers convenience and ease of usage. Because of their low weight and small shape, they are perfect for on-the-go consumption, which contributes to their appeal in today's fast-paced modern lifestyle. Recycling technology advancements and the creation of bio-based and biodegradable polymers have helped to alleviate some of the rising environmental waste worries. Leading stick packaging producers are increasingly turning to bioplastics or recycled plastic to make their products. The growing use of plastic materials in stick packaging reflects the continual struggle to strike a balance between usefulness, convenience, and environmental concerns. As a result, rising demand for plastic stick packaging will fuel growth in the target market.
The North American region is expected to hold a significant share of the stick packaging market:
The North American region emerged as the market leader and is poised to grow significantly over the forecast period. Several variables are predicted to increase stick packaging sales in the United States. These include increased use of stick packaging in the burgeoning pharmaceutical and food and beverage sectors, developing e-commerce, and a growing need for small and lightweight packaging.
The growing use of stick packaging in the food and beverage sector not only provides consumers with convenience and mobility but also helps producers and merchants. The airtight and sealed aspect of stick packs helps to keep the freshness and potency of these items, ensuring that consumers receive the necessary nutritional advantages and therefore are widely used eventually driving market expansion.
Key developments:
- Amcor Plc announced a series of sustainable high shield laminates for pharmaceutical sachets, stick pack and strip pack packaging in April 2022, proving its commitment to producing ecologically responsible packaging solutions.
Stick Packaging Market Scope:
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 β 2031 |
| Report Metric | Details |
| Market Size Value in 2022 | US$384.521 million |
| Growth Rate | CAGR of 4.78% from 2022 to 2029 |
| Base Year | 2022 |
| Forecast Period | 2024 – 2029 |
| Forecast Unit (Value) | USD Million |
| Segments Covered |
|
| Companies Covered |
|
| Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Customization Scope | Free report customization with purchase |
Segmentation
- BY CAPACITY:
- Up to 5 ml
- 6 ml to 10 ml
- 11 ml to 15 ml
- Above 15 ml
- BY MATERIAL:
- Plastic
- Paper
- Aluminum
- Others
- BY APPLICATION:
- Solid
- Powder
- Liquid
- BY END USE:
- Food and Beverage
- Pharmaceutical and Nutraceuticals
- Personal Care and Cosmetics
- Other Industrial
- BY GEOGRAPHY
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
Table of Contents
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. STICK PACKAGING MARKET, BY CAPACITY
5.1. Introduction
5.2. Up to 5 ml
5.3. 6 ml to 10 ml
5.4. 11 ml to 15 ml
5.5. Above 15 ml
6. STICK PACKAGING MARKET, BY MATERIAL
6.1. Introduction
6.2. Plastic
6.3. Paper
6.4. Aluminum
6.5. Others
7. STICK PACKAGING MARKET, BY APPLICATION
7.1. Introduction
7.2. Solid
7.3. Powder
7.4. Liquid
8. STICK PACKAGING MARKET, BY END-USE
8.1. Introduction
8.2. Food and Beverage
8.3. Pharmaceutical and Nutraceuticals
8.4. Personal Care and Cosmetics
8.5. Other Industrial
9. STICK PACKAGING MARKET, BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. United States
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. United Kingdom
9.4.2. Germany
9.4.3. France
9.4.4. Italy
9.4.5. Spain
9.4.6. Others
9.5. Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. UAE
9.5.3. Others
9.6. Asia Pacific
9.6.1. Japan
9.6.2. China
9.6.3. India
9.6.4. South Korea
9.6.5. Taiwan
9.6.6. Thailand
9.6.7. Indonesia
9.6.8. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
11. COMPANY PROFILES
11.1. Amcor Plc
11.2. Catalent Inc.
11.3. Sonoco Product Company
11.4. Huhtamaki Oyj
11.5. Proampac Llc
11.6. Constatntia Flexible Group
11.7. Glenroy, Inc.
11.8. GFR Pharma Ltd
11.9. Unirther Pharmaceuticals SAS
11.10. HWR Packaging Llc.
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Stick Packaging Market Report
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