Global Stick Packaging Market (2021-2026) by Material, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Stick Packaging Market is estimated to be USD 325.25 Mn in 2021 and is expected to reach USD 407.26 Bn by 2026, growing at a CAGR of 4.5%.



Market Dynamics

Increasing demand for go-to- products and flexible packaging for food is majorly driving the stick packaging market. Increasing population and busy lifestyle have rapidly increased the trend of packed food, thereby increasing the stick packaging market. Rising demand of exact dosing and portion control, uniformity in usage, high barrier and low packing material consumption in food, pharmaceutical, and chemical packing industries have increased the market growth. However, high-cost material, packaging regulation variations across the globe and stringent government regulation associated with hazardous materials such as plastic is anticipated to hinder the market growth.

Outsourcing of packaging and new stick packaging innovations by major players are anticipated to pave new opportunities for the market during the forecast period.

Market Segmentation

The Global Stick Packaging Market is segmented further based on Material, Application, and Geography.

By Material, the market is classified into polyester, BOPP, paper, aluminum, metalized polyester, polyethylene, polypropylene, and others. Amongst all, the polyester segment is estimated to hold the highest market share during the forecast period.

By Application, the market is classified as food & beverages, pharmaceuticals, consumer goods, nutraceuticals, and others. Amongst the two, the food & beverages segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Nouri launches a new immune stick pack solution for everyday use. - 16th September 2020.
2. ChromaDex and Watsons Launch New TRU NIAGEN® EX Stick Packs in Hong Kong, Expanding Product Line and Advancing Global Retail Partnership. - 9th September 2020.

Company Profiles

Some of the companies covered in this report Amcor PLC, Constantia Flexibles, Glenroy, Inc., Aristo Pharma GmbH, Fres-Co System Inc, Coveris, Winpak Ltd, etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Stick Packaging Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains a competitive analysis using the Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market