Global Stick Packaging Market Size Study, by Material (Paper, BOPP, Aluminum, Plastic), by Application (Food & Beverages, Pharmaceutical, Consumer Goods), and Regional Forecasts 2022-2032

Description

The Global Stick Packaging Market, valued at approximately USD 0.26 million in 2023, is poised to grow with a promising trajectory, reaching USD 0.43 million by 2032 at a compound annual growth rate (CAGR) of 5.69% over the forecast period. Stick packaging, renowned for its sleek and functional design, is becoming a cornerstone of consumer convenience, particularly in food, beverages, pharmaceuticals, and consumer goods industries. Its lightweight structure, ease of use, and ability to protect products against environmental factors have been instrumental in its adoption across diverse verticals.

The escalating demand for portable and single-serving packaging formats, driven by changing consumer lifestyles and urbanization, is the linchpin of this market's expansion. Moreover, advances in material technologies, such as bio-based and recyclable solutions, are aligning with global sustainability goals, further solidifying stick packaging's market position. While the cost of raw materials and stringent environmental regulations pose challenges, ongoing innovations and the growing preference for eco-friendly packaging options provide substantial growth opportunities for industry players.

Regionally, Asia-Pacific dominates the stick packaging market, buoyed by robust growth in packaged foods and beverages industries across nations like China, India, and Japan. North America and Europe also exhibit substantial demand, propelled by heightened consumer awareness and an increased focus on sustainable practices in the packaging industry. Emerging markets in Latin America and the Middle East & Africa are steadily gaining traction due to expanding urbanization and a rising middle-class population seeking convenient product options.

The competitive landscape reflects a dynamic ecosystem where companies emphasize product innovation, eco-friendly initiatives, and strategic partnerships to strengthen their foothold. With increased R&D investments, market players are targeting untapped opportunities and advancing technological capabilities to cater to the evolving demands of the global market.

Major market players included in this report are:

Amcor Plc
Mondi Group
Sonoco Products Company
Glenroy, Inc.
Huhtamaki Oyj
Constantia Flexibles Group GmbH
Bemis Company, Inc.
Uflex Limited
ProAmpac LLC
Wipf AG
Tetra Pak International S.A.
Clondalkin Group Holdings BV
Winpak Ltd.
Coveris Holdings S.A.
Essentra Plc

The detailed segments and sub-segments of the market are explained below:

By Material:

Paper
BOPP
Aluminum
Plastic

By Application:

Food & Beverages
Pharmaceutical
Consumer Goods

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level insights.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Comprehensive demand-side and supply-side insights.

Chapter 1. Global Stick Packaging Market Executive Summary

1.1. Global Stick Packaging Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Material
- 1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Stick Packaging Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Stick Packaging Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing Demand for Portable and Single-Serving Packaging Formats
- 3.1.2. Innovations in Material Technologies
- 3.1.3. Alignment with Global Sustainability Goals
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Costs
- 3.2.2. Stringent Environmental Regulations
3.3. Market Opportunities
- 3.3.1. Transition Toward Eco-Friendly Formulations
- 3.3.2. Increasing Investments in R&D Activities
- 3.3.3. Expansion into Emerging Markets

Chapter 4. Global Stick Packaging Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Stick Packaging Market Size & Forecasts by Material 2022-2032

5.1. Segment Dashboard
5.2. Global Stick Packaging Market: Material Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Paper
- 5.2.2. BOPP
- 5.2.3. Aluminum
- 5.2.4. Plastic

Chapter 6. Global Stick Packaging Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Stick Packaging Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Food & Beverages
- 6.2.2. Pharmaceutical
- 6.2.3. Consumer Goods

Chapter 7. Global Stick Packaging Market Size & Forecasts by Region 2022-2032

7.1. North America Stick Packaging Market
- 7.1.1. U.S. Stick Packaging Market
  - 7.1.1.1. Application Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. Material Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Stick Packaging Market
7.2. Europe Stick Packaging Market
- 7.2.1. UK Stick Packaging Market
- 7.2.2. Germany Stick Packaging Market
- 7.2.3. France Stick Packaging Market
- 7.2.4. Spain Stick Packaging Market
- 7.2.5. Italy Stick Packaging Market
- 7.2.6. Rest of Europe Stick Packaging Market
7.3. Asia-Pacific Stick Packaging Market
- 7.3.1. China Stick Packaging Market
- 7.3.2. India Stick Packaging Market
- 7.3.3. Japan Stick Packaging Market
- 7.3.4. Australia Stick Packaging Market
- 7.3.5. South Korea Stick Packaging Market
- 7.3.6. Rest of Asia-Pacific Stick Packaging Market
7.4. Latin America Stick Packaging Market
- 7.4.1. Brazil Stick Packaging Market
- 7.4.2. Mexico Stick Packaging Market
- 7.4.3. Rest of Latin America Stick Packaging Market
7.5. Middle East & Africa Stick Packaging Market
- 7.5.1. Saudi Arabia Stick Packaging Market
- 7.5.2. South Africa Stick Packaging Market
- 7.5.3. Rest of Middle East & Africa Stick Packaging Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Amcor Plc
- 8.1.2. Mondi Group
- 8.1.3. Sonoco Products Company
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Amcor Plc
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Mondi Group
- 8.3.3. Sonoco Products Company
- 8.3.4. Glenroy, Inc.
- 8.3.5. Huhtamaki Oyj
- 8.3.6. Constantia Flexibles Group GmbH
- 8.3.7. Bemis Company, Inc.
- 8.3.8. Uflex Limited
- 8.3.9. ProAmpac LLC
- 8.3.10. Wipf AG
- 8.3.11. Tetra Pak International S.A.
- 8.3.12. Clondalkin Group Holdings BV
- 8.3.13. Winpak Ltd.
- 8.3.14. Coveris Holdings S.A.
- 8.3.15. Essentra Plc

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes