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            'International monetary system has failed,' Tunisian FM tells UN – Arab News

            UPDATE 1-Germany's Baerbock joins chorus criticizing EU migration deal with Tunisia – Yahoo Finance

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                  • Algeria

                    European Union Delegation Accuses Algeria of 'Extorting' Businesses – Morocco World News

                    Algeria and China Sign 15+ Partnership Deals – Energy Capital & Power

                    Algeria, Chile Pursue Scientific Partnership – Energy Capital & Power

                    Algeria says it contains wildfires, no injuries – Middle East Monitor

                    Nigeria's Tinubu to meet US corporate executives while at UN General Assembly – Yahoo Finance

                    Russian general with Wagner ties reappears in Algeria – Macau Business

                  • Egypt

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                    blinx: New digital media hub for Middle East's youth – Dailynewsegypt – Daily News Egypt

                    Egypt, Jordan and Iraq FMs discuss economic, political ties – Arab News

                    All 120 workers rescued after Nile cruise ship accident in Egypt – Arab News

                    Egypt's trade with G20 countries hit $88 bln in 2022 – Economy … – Ahram Online

                    Shell Egypt hosts local Shell Eco-Marathon for Egyptian student … – Daily News Egypt

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                    • Featured
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                  • Libya

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                    Libya's flood-hit Derna to host reconstruction conference: authorities – Arab News

                    Eastern Libyan government calls for international reconstruction … – Libya Herald

                    What Caused the High Death Toll From Libya's Floods? – Bloomberg

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                      LG Chem pivots to LFP with Huayou for Morocco plant – The Korea Herald

                      Another magnitude earthquake hits Morocco – Blueprint … – Blueprint Newspapers Limited

                      AfDB, EBRD Collaborate to Support SMEs in Morocco, Tunisia, Egypt – Morocco World News

                      Your Daily Phil: Rosh Hashanah in quake-ravaged Morocco + Patrol … – eJewish Philanthropy

                      Hyundai Motor Group donates $1.1M to aid Morocco and Libya – The Korea JoongAng Daily

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                      • South Sudan

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                        Uganda: South Sudan President Salva Kiir Jets in Uganda for a One … – AllAfrica – Top Africa News

                        MC Srebrenica published Reports on War Crimes in Ukraine, Ethiopia, Syria and South Sudan – Sarajevo Times

                        US State, Labor, and Commerce Departments Issue South Sudan … – GlobalComplianceNews

                        China-South Sudan prediction, odds, pick, how to watch FIBA World … – ClutchPoints

                        Civil-military dialogue calls for forgiveness, reconciliation in Yei – Sudan Tribune

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                          Nearly 2 million people in Afghanistan face acute food insecurity: UN – Business Standard

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                          Sudan Situation Report: Aid Agencies Access and Security Risk … – ReliefWeb

                          Head of Sudan's Sovereign Council holds talks with UN, ICC leaders in New York – Middle East Monitor

                          QALA For Financial Investments : Qalaa Holdings 2Q23 Business … – Marketscreener.com

                          Chad/Sudan: International Committee of the Red Cross (ICRC) facilitates release of 30 children previously detained in relation to conflict; ICRC president visits eastern Chad – ZAWYA

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                          • Tunisia

                            Tunisia cartoonist freed after arrest for drawings – BusinessGhana

                            'International monetary system has failed,' Tunisian FM tells UN – Arab News

                            UPDATE 1-Germany's Baerbock joins chorus criticizing EU migration deal with Tunisia – Yahoo Finance

                            New Mediterranean weather disturbances threaten Libya, Tunisia … – The Libya Observer

                            'Things Were Good': How One Ivorian Hairdresser Restarted in Tunisia – Pulitzer Center on Crisis Reporting

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                              TCL Dubai Crowned Electronics Company of the Year at 2023 International Business Awards

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                              TCL Launches its New C645 QLED TVs For Exceptional Colour Performance and Endless Entertainment

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                              BZR on Coinstore – a Significant Milestone for Bazaars

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                              • Middle east
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                                A Bold Step Forward for Türkiye’s Financial Future, PayFix Officially Acquires BankPozitif

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                                • Press releases
                                  Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

                                  Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

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                                  Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

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                                  Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent

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                                  Home Press Releases

                                  3-Side Seal Pouches Market Size Forecast to Reach $5.3 Billion by 2026

                                  admin by admin
                                  March 10, 2022
                                  in Press Releases
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                                  (EMAILWIRE.COM, March 10, 2022 ) 3-Side Seal pouches market size is forecast to reach US$5.3 billion by 2026, after growing at a CAGR of 5.8% during 2021-2026. 3-side seal pouches are flexible packaging formats that are sealed on three sides and one side is heat-sealed. Polypropylene, and Polyvinyl chloride are the key polymers used in the manufacturing of 3-side seal pouches. These pouches are also known as flat pouches. The pouches are available in different sizes from small sachets to large packing pouches. The growing consumption of beverages such as soft drinks, dairy products, tea, and coffee are propelling the market growth for 3-Side Seal Pouches. The growing consumer spending along with changing lifestyles among developing nations are supporting the market growth for 3 side seal pouches. The growing consumption of packed food such as snacks, confectionery, and frozen food among others supporting the growth of the 3-side seal pouches market. These pouches are user-friendly, can be easily packed in boxes and cases, and are recyclable. They offer various properties such as durability, leakage proof, moisture resistance, and better sealability among others. However, fluctuation in raw material prices may hamper the market growth during the forecast period 2021-2026.

                                  COVID-19 Impact

                                  The COVID-19 pandemic is impacting different industries; one of the few industries that were largely hit to some extent was the packaging industry. The demand for food processing & beverage polymers is moderate during the covid-19 crises. The food & beverage industry is considered under essential goods, so many governments across the globe gave relaxation to this particular industry. However, the food & beverage industry also faced problems related to the supply chain, lack of workforce, and lack of raw materials supply.

                                  3-Side Seal Pouches Market Segment Analysis – By Material

                                  The Polyethylene (PE) segments accounted for approximately 35% of the market share in 2020 and is estimated to grow at a significant CAGR during the forecast period. Polyethylene materials have high potential in the market due to consumer preference, low shipping costs, and fewer storage requirements. These products are widely used in the food & beverage sector due to their flexible nature and recyclability. Polyethylene is available in two types for the packing industry namely high density and low-density polyethylene. These products will protect food from damage, provides food safety, and extends the freshness of food among others. The aluminum foil market is expected to grow at a high CAGR during the forecast period. Aluminum packaging can be easily recyclable, light, and flexible. Aluminum foils keep the food fresh for a long time and also protect the food products from light, ultraviolet radiation, and microorganisms among others. Aluminum foils are used in tea and coffee, jam, instant beverages, and baby food packaging among others.

                                  Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=19686

                                  Report Price: $ 4500 (Single User License)

                                  3-Side Seal Pouches Market Segment Analysis – By Application

                                  The food & beverage segment accounted for more than 80% of the market share in 2020 and is estimated to grow significantly during the forecast period. Growing demand for packaged foods such as ready-to-eat meals, frozen meals, and snack foods in developed and developing nations are driving the market growth for the food & beverage industry. The growing demand for functional beverages, such as tea, relaxation drinks, coffee, energy drinks, and ready-to-drink is driving the market growth. According to the research paper PepsiCo., Tyson Foods, and Nestle are the top three companies operating in U.S. food & beverage market. The companies generated approximately US$204.8 Billion in revenue in 2019. The home & personal care segment is expected to register a high growth rate during the forecast period. The changing lifestyle along with growing awareness regarding health & hygiene products among consumers is boosting the market growth between 2021-2026.

                                  3-Side Seal Pouches Market Segment Analysis – By Geography

                                  Asia Pacific region held the largest share in the 3-Side Seal Pouches market in 2020 up to 40%, owing to the rapid growth in the food & beverage sector in the region. The presence of developing nations such as India and China is driving the market growth in the region. The rapid growth in population, growing number of working individuals, and growth in income levels are some of the major factors driving the regional market. Abundant raw material sources and availability of workforce also supporting the regional demand. According to the Euro monitor report, the Asia Pacific region holds the second position in soft drink production. The North American region is expected to hold a significant share in the global market. The presence of key food & beverage companies including Nestle, Tyson Foods, PepsiCo, Coca-Cola, STARBUCKS CORP, and others are driving the demand for 3-Side Seal Pouches.

                                  Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=19686

                                  3-Side Seal Pouches Market Drivers:

                                  Growing consumption of non-alcoholic beverages

                                  Beverages play an important role in human life, almost every person starts their daily activities with tea or coffee. Non-alcoholic beverages include tea, coffee, soft drinks, energy drinks, fruit juices, carbonated water, and others. The growing concerns regarding obesity and other health awareness are triggering the growth of functional beverages. Based on data published by a research paper, an average of 113.5L of non-alcoholic drinks are consumed by each person in 2021. The rapid growth of organized retail sectors and globalization are supporting the growth of the beverage industry. Manufacturers of beverages are using 3-side seal pouches packaging applications. According to the Tea Association of USA, approximately 3.8 billion gallons of tea are consumed in the U.S. during 2019-2020. Black tea occupies 84% and 15% was green tea of all tea consumed in the United States.

                                  Growing demand for packaged foods

                                  The food & beverage industries are adopting advanced packaging solutions for better transportation of products without any damage. The packaged food offers various properties such as easy consumption, handling, and safety from external tampering. Changing lifestyle, increased health awareness and the convenience of food consumption, are the major factors supporting the growth of the packaged food. Packaged food includes snacks, biscuits, jam, sauces, candies, ice creams, spices, and others. The growing organized retail sector along with an increasing number of supermarkets, hypermarkets in developing nations are supporting the demand for packaged foods. According to the U.S. Department of Agriculture, the United States has approximately 115,526 food stores and sold US$ 717 billion of retail food and non-food products in 2019. The Association also mentions the total food sales at supermarkets, other grocery stores, warehouse clubs, and supercenters reached approximately US$653 billion in 2019.

                                  3-Side Seal Pouches Market Challenges:

                                  Environmental issues

                                  Polymers are the key material used in the manufacturing of 3-side seal pouches. Polymers such as polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), and MET PET among others are used in the pouches. These materials are not easily degradable due to their water-repelling characteristic and remain as a permanent waste on the earth. Plastic-based pouches are not easily degradable and lead to various environmental issues. Plastic materials cause air pollution and water pollution. It is also estimated that approximately 100 million metric tons of plastic are dumped in marine systems annually. Governments across the globe are implementing strict rules and regulations on plastic usage. These are some of the challenges likely to restrain the market growth.

                                  3-Side Seal Pouches Market Landscape

                                  Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the 3-Side Seal Pouches market. Major players in the 3-Side Seal Pouches market are:

                                  Glenroy, Inc

                                  A & M Packaging

                                  Bemis Company, Inc.

                                  Mondi Group Plc

                                  Berry Global, Inc.

                                  Amcor Limited

                                  Sonoco Products Company

                                  Innovia Films

                                  Paras Printpack

                                  Duropack Limited

                                  Foxpak

                                  Sirane

                                  Food Pak, and others

                                  Acquisitions/Technology Launches

                                  In April 2021, US-based flexible packaging company Glenroy launched environmentally sustainable packaging products under the Glenroy Sustainable Packaging brand. These products are used in the food, pharmaceutical, pet food, nutraceutical, personal care, and household products industries to achieve lower emissions while providing recyclable and post-consumer recycled (PCR) solutions.

                                  In May 2020, Nosco company purchased a Karlville KS-DSUP-400 Pouching Machine for its flexible packaging operation in Carrollton, Texas. Karlville KS-DSUP-400 Pouching Machine is used to manufacture 2-side-seal pouches with optional zipper and 3-Side-Seal pouches with optional zipper

                                  Key Takeaways

                                  The Asia Pacific is expected to register the highest CAGR of 6.6% during the forecast period (2021-2026). Changing lifestyles, increasing consumer spending, emerging economies, and rapid population growth are the major factors driving the market growth.

                                  The food & beverage segment is expected to hold a major market share between the forecast period 2020-2026. Growing consumption of packaged food is supporting the market growth.

                                  Increasing penetration of modern retail along with technological developments in the packaging industry is the key factor responsible for the adoption of 3-side seal packaging solutions.

                                  Relevant Reports

                                  A. Packaging Film Market

                                  https://www.industryarc.com/Report/15172/packaging-film-market.html

                                  B. Blister Packaging Market

                                  https://www.industryarc.com/Report/15180/blister-packaging-market.html

                                  For more Chemicals and Materials related reports, please click here

                                  About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



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