Market Size of Stick Packaging Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 9.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Stick Packaging Market Analysis
The stick packaging market is expected to grow at a CAGR of 9% over the forecast period (2021-2026). Stick packs, a type of flexible pouch is perfect for single servings of gels or powders. Stick packs provide an ideal solution for the packaging of powdered drinks, snacks, pharmaceuticals, travel products, and many more.
- The rising need for exact dosing and portion control is one of the prominent factors fueling the demand for the stick packs over the forecast period. This is propelling the players in the market to come up with product launches that enable them to cater to the rising need and boost the adoption.
- In January 2020, Sanofi-aventis S.p.A. installed a new stick-pack line that is capable of producing 800 stick packs/min.
- The pharmaceutical industry that deals with chemicals and compounds that are extremely reactive to the introduction of moisture, contamination, require packaging that prohibits the above from happening. As stick packaging offers excellent barrier properties, uniformity in usage, and self-explanatory dosages, these are suitable for pharmaceutical industries.
- In October 2018 - Pylote announced that it had entered into a partnership with Amcor to launch stick pack laminates for liquid pharmaceuticals that combine a high barrier with antimicrobial preservation properties and can be processed on standard stick-pack filler.
- As the stick packs are produced on dedicated machines, the production rates are high, sizes are small, and the per-item costs are low. Also, as compared to the regular portion packets, stick packs typically utilize much less material and packaging content that makes them environmentally friendly and less wasteful. According to Glenroy, packaging format in stick packaging requires 10% to 40% less flexible packaging material than equivalent rectangular pouches. This is expected to boost the stick packages adoption over the forecast period.
Stick Packaging Industry Segmentation
Stick packs are elongated packets that are tube-shaped and are sealed at both ends. This report segments the market by End-user Industry (Pharmaceutical, Food, Cosmetics) and Geography.
| By End-user Industries | |
| Food | |
| Pharmaceuticals | |
| Cosmetics | |
| Other End-user Industries |
| Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Latin America | |
| Middle East and Africa |
Stick Packaging Market Size Summary
The stick packaging market is experiencing significant growth, driven by the increasing demand for precise dosing and portion control solutions. Stick packs, which are flexible pouches ideal for single servings, are gaining popularity across various sectors such as pharmaceuticals, food, and beverages. Their excellent barrier properties make them suitable for packaging sensitive products, particularly in the pharmaceutical industry where moisture and contamination are concerns. The market is witnessing innovations and strategic partnerships, such as those between Pylote and Amcor, to enhance the functionality of stick packs, including antimicrobial preservation for liquid pharmaceuticals. The environmental benefits of stick packs, which use less material compared to traditional packaging, further contribute to their adoption, aligning with the growing consumer preference for sustainable packaging solutions.
The demand for stick packaging is also fueled by the rising trend of on-the-go consumable products, catering to the busy lifestyles of the growing working population. Products like single-serve beverages and instant food mixes are increasingly packaged in stick packs due to their convenience, portability, and extended shelf life. The market is characterized by high competitive rivalry, with key players such as Glenroy, Inc. and Constantia Flexibles leading through innovation and product development. The expansion of production capacities and the introduction of new products in various regions are expected to further drive market growth. As companies continue to explore new opportunities and enhance their offerings, the stick packaging market is poised for continued expansion over the forecast period.
Stick Packaging Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Ease of Handling
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1.2.2 Rising Trend of on-the-go Consumption
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1.2.3 Rising Demand for Reduced Material Consumption while Manufacturing of Stick Packs
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1.3 Market Restraints
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1.3.1 Increasing Bans on Single Use Plastics
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1.4 Industry Value Chain Analysis
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1.5 Industry Attractiveness - Porter's Five Force Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By End-user Industries
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2.1.1 Food
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2.1.2 Pharmaceuticals
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2.1.3 Cosmetics
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2.1.4 Other End-user Industries
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2.2 Geography
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2.2.1 North America
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2.2.2 Europe
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2.2.3 Asia-Pacific
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2.2.4 Latin America
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2.2.5 Middle East and Africa
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Stick Packaging Market Size FAQs
What is the current Stick Packaging Market size?
The Stick Packaging Market is projected to register a CAGR of 9% during the forecast period (2024-2029)
Who are the key players in Stick Packaging Market?
Amcor plc, Constantia Flexibles, GreenSeed Contract Packaging, Glenroy, Inc. and Aristo Pharma GmbH are the major companies operating in the Stick Packaging Market.
