Laminating pouches Market Size, Share, Growth, and Industry Analysis, By Type (<200ml, 200-500ml, 500-1000ml, >1000ml), By Application (Food, Beverages, Home & Personal Care, Automotive, Pharmaceuticals, Paints & Dyes, Other), and Regional Forecast to 2028

Updated On: 13 November 2023

Report Overview

• 

• Request a Free Sample to learn more about this report

The global laminating pouches market size expanded rapidly in 2022. As per our research, the market is expected to generate substantial revenue by 2028, with a robust CAGR during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with the Laminating pouches market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Laminating pouches are plastic sheets used to encase and protect documents, photos, or other materials. They are typically made from two layers of thin plastic film that are sealed together around the edges. The pouches come in various sizes, from small ID card sizes to large poster sizes, and are available in different thicknesses, from thin and flexible to thick and rigid.

To use laminating pouches, you place the item you want to protect inside the pouch and then feed the pouch through a laminating machine, which applies heat and pressure to seal the plastic layers together around the item. This creates a durable, waterproof, and tear-resistant protective covering for the item.

Laminating pouches are commonly used to protect and preserve important documents such as identification cards, business cards, and certificates, as well as to create reusable signs, posters, and displays.

COVID-19 Impact: supply chain disruption decreased the product demand

Firstly, the global supply chain disruptions caused by the pandemic have resulted in shortages of raw materials and production capacity for some manufacturers of laminating pouches. This has led to higher prices and longer lead times for some customers. the pandemic has led to an increase in online shopping and a decrease in brick-and-mortar retail sales. This has affected the distribution channels for the product, with more customers purchasing them online rather than in physical stores.

Overall, while the COVID-19 pandemic has had some negative effects on the laminating pouches market, the increased demand from home office users has partially offset these effects, and the market is expected to continue growing in the coming years.

Latest Trends

"Growing demand for eco-friendly products to fuel market growth"

As consumers become more environmentally conscious, there is an increasing demand for such pouches made from sustainable and biodegradable materials. Manufacturers are responding by developing new eco-friendly products that meet this demand.

The use of digital printing technology is increasing in many industries, including printing and packaging. This trend is driving laminating pouches market demand that are compatible with digital printers and can produce high-quality, vivid prints.

Segmentation

• 

• Request a Free Sample to learn more about this report

• By Type Analysis

According to type, the market can be segmented into <200ml, 200-500ml, 500-1000ml, >1000ml

• By Application Analysis

Based on application, the market can be divided into Food, Beverages, Home & Personal Care, Automotive, Pharmaceuticals, Paints & Dyes, Other

Driving Factors

"Increasing demand from various industries propels market growth"

Laminating pouches are used in a wide range of industries, including education, retail, healthcare, and packaging. As these industries continue to grow and expand, the demand for laminating pouches also increases. Laminating pouches offer protection against water, dirt, and other environmental factors, making them an ideal choice for protecting important documents. With the increasing need for document protection in various industries, the demand for such pouches is expected to rise. With the increasing concern for the environment, there is a growing demand for eco-friendly pouches made from biodegradable materials. This has led to the development of new materials and manufacturing processes that are more environmentally friendly.

"Expansion of packaging industry to aid market growth"

The packaging and printing industries are using laminating pouches more frequently to safeguard their products and build their brands. Growing need for document and image preservation from the educational sector. Laminating pouches are becoming an increasingly common DIY crafts product among crafters and homemakers. The expansion of internet shopping sites that provide a variety of laminating pouch products at reasonable prices.

Restraining Factors

"High competition among industry players may stagnate market development"

The laminating pouches market is highly competitive, with many manufacturers offering similar products. This can make it difficult for new entrants to establish themselves and can also lead to price pressure. Economic factors such as inflation, interest rates, and currency fluctuations can affect the demand for the product. For example, during periods of economic downturn, businesses and consumers may cut back on spending, including spending on laminating pouches.

Regional Insights

• 

• Request a Free Sample to learn more about this report

"Large number of ports in North America anticipated boosting market expansion"

Laminating pouches are used to protect and preserve documents and other items from moisture, dirt, and damage. In North America, the demand for laminating pouches is driven by various factors, including the growth of the education and office supply sectors, as well as the need for document protection in industries such as healthcare, government, and legal services. Some of the key players operating in the laminating pouches market in North America include GBC, Fellowes, 3M, and Avery Dennison. These companies offer a range of such pouches in different sizes and thicknesses to cater to the diverse needs of their customers. This anticipated to contribute in major laminating pouches market share in the region.

Key Industry Players

"Adoption of innovative Strategies by Key Players Influencing Market Development"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Shenzhen Rishanhong Plastic Packaging
• Amcor Limited
• Sealed Air
• Wipak
• Bemis Company
• Toray Industries
• I. du Pont de Nemours
• Berry Plastics
• Mondi
• Wenzhou Chuangjia Packing Material
• Dongguan OK Packaging Manufacturing
• Maruthi Plastics & Packaging Chennai

Report Coverage

This report examines an understanding of the Laminating pouches market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.