Global Stick Packaging Market Size To Exceed USD 782.20 Million By 2033: Market Growth Report

Global Stick Packaging Market Size To Exceed USD 782.20 Million By 2033

According to a research report published by Spherical Insights & Consulting, The Global Stick Packaging Market Size is Expected to Grow from USD 461.21 Million in 2023 to USD 782.20 Million by 2033, at a CAGR of 5.42% during the forecast period 2023-2033.  

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Stick Packaging Market Size, Share, and COVID-19 Impact Analysis, By Material (BOPP and Polyethylene), By End-user (Food & Beverages and Cosmetics), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

The global stick packaging market refers to the industry involved with the manufacturing and marketing of stick packaging; a kind of packaging frequently encountered for single-serve goods. Products including powdered drinks, snacks, condiments, health supplements, and personal care products are frequently packaged in stick packaging, which consists of long, narrow pouches or containers. Because of its mobility, ease, and ability to regulate the size of portions, this kind of packaging is widely used. Key driving factors for the growth of stick packaging include convenient, single-serve products that are becoming more and more popular due to factors like growing health consciousness, sustainability trends, e-commerce growth, and advancements in eco-friendly materials and packaging technologies that improve accessibility and customer appeal. However, the high production costs of complex packaging materials and equipment may be prohibitive for small and medium-sized enterprises. Furthermore, numerous sectors have more stringent sustainability laws, using plastic-based materials establishes environmental problems.

The BOPP segment accounted for the largest revenue share in 2023 and is projected to grow at a significant CAGR during the forecast period.

On the basis of material, the global stick packaging market is divided into BOPP and polyethylene. Among these, the BOPP segment accounted for the largest revenue share in 2023 and is projected to grow at a significant CAGR during the forecast period. The segment growth is attributed because of its exceptional strength, clarity, barrier qualities, recyclability, and compatibility with printing technology, these attributes render it suitable for food packaging and encourage its extensive use.

The food & beverages segment accounted for the largest market share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.

On the basis of end-user, the global stick packaging market is divided into food & beverages and cosmetics. Among these, the food & beverages segment accounted for the largest market share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment growth is driven because of the growing need for single-serve, handy products, trends in on-the-go consumption, and customer demands for portion control and accessible packaging.

Asia Pacific is anticipated to hold the largest share of the global stick packaging market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the global stick packaging market over the predicted timeframe. The regional market growth is driven because of an interaction of economic, demographic, and consumer behavior factors. With its enormous population and rapidly growing retail industry, China dominates the market and provides a sizable consumer base for convenient, single-serve packaging options.

North America is expected to grow at the fastest CAGR in the global stick packaging market during the forecast period. The regional market growth can be attributed to rapid urbanization and industrialization in the area have changed consumer habits, increasing the demand for portable and straightforward packaging options. The demand for single-serve stick packs is rising in the food, beverage, pharmaceutical, and personal care industries because of rising consumer expenditure, especially on ready-to-eat and health-conscious products.

Company Profiling

Major vendors in the global stick packaging market are Glenroy, Inc., Losan Pharma, Catalent, Inc, Fres-co System USA, Inc, GFR Pharma, ARANOW Packaging Machinery, S.L., ePac Holdings, LLC, Korpack, Polynova Industries Inc, Elitefill, FLEXI Srl, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In April 2022, Amcor launched a line of sustainable high-shield laminates for pharmaceutical sachets and stick pack packaging. This initiative demonstrates Amcor's commitment to developing environmentally friendly packaging solutions.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global stick packaging market based on the below-mentioned segments: 

Global Stick Packaging Market, By Material  

• BOPP
• Polyethylene

Global Stick Packaging Market, By End-user

• Food & Beverages
• Cosmetics

Global Stick Packaging Market, Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa