Growth driven by rising consumption of cannabis for medical purposes, technological advancements in the packaging industry, and increasing legalization of cannabis across the globe.

The global pouch market is projected to grow at a CAGR of 5.3% during the forecast period (2022-2032), as per recent study by Future Market Insights. 

In the face of recent hurdles, the packaging industry grew more innovative, resilient, sustainable.

The global biodegradable packaging market is expected to reach USD 21.60 billion by 2026 according to a new study published by Polaris Market Research.

The increase is due to rising demand for printing inks from the packaging industry.

Abbott Laboratories and Clif Bar & Co. to emerge as dominant players.

Functionality, sustainability and shelf appeal will continue to be key factors in the choice of packaging in this market, with formats made from plastic continuing to edge out other materials in most cases.

A new report by ReportLinker says it will progress at a CAGR of 3.79% between 2022-2026.

A report from MarketsandMarkets finds that the market is witnessing high growth owing to the increase in demand for lightweight, convenient and cost-effective packaging products and solutions for food and beverage applications.