Stick Packaging Market By Material Type (Polypropylene, Polyester, BOPP, Aluminum, Metallized Polyester, Paper, and Polyethylene), Application (Food & Beverages, Consumer Goods, Nutraceuticals, and Pharmaceuticals), and Geography

 

Stick Packaging Market size is expected to be valued at USD 356.3 million in 2022, growing at CAGR of 6.5% from 2022 to 2028. Stick packs are in a variety of shapes, extended packets that are sealed at both split ends. These are preferred for packaging due to their convenience, sustainability, and quality. Stick packaging reduces carbon footprint due to its compact, small size. It is a desirable and easy-to-handle packaging solution for on-the-go applications and also provides travel accessibility, regardless of the different location as stick packs can be acceptable anywhere. With these features, stick packaging has wide-ranging applications in food & beverage pharmaceuticals, nutraceuticals, and cosmetic industries, where it offers single-serve packaging solutions to customers. These applications drive the market's progressive growth.   These days, stick packaging products are advancing themselves as part of a more finished product matrix such as meal boxes, and different drink varieties along with freshness and extension of the shelf life of these food & beverages. This will lead to the steady growth of the market in the current time as well as in upcoming years. The continuous rise in demand for the material used in stick packs from evolving economies, growth in industrialization, and rapid increase in applications force the global stick packaging market. Globally stick packaging market is projected to have positive growth during the forecast period owing to the changing preference of consumers from rigid to flexible packaging, with an increase in awareness regarding clean water, safe food, and pharmaceuticals.