The global spout pouch market is expected to witness significant growth over the forecast period. Spout pouch is a flexible packaging option for all the fluid products. It is a safer packaging solution that guarantees that the transportation of liquid products is easier and mess-free than the Plastic bottles or Glass bottles.
The pouches are recyclable. Spout pouches are used to package liquid substances, which usually include products such as alcoholic beverages, hygiene products, energy drinks, pharmaceutical products, sauces, liquid soaps, and various others.
Spout pouches can be considered as among the best forms of packaging as they are easy for both - the consumers and the manufacturer. Spout pouches are comparatively easier to produce and perfect for the “on the go” lifestyle of the consumers. Spout pouches packaging is safe and maintains the integrity of the product.
The global spout pouch market is segmented on the basis of product type, end use, material used, and region. On the basis of product type, the global market is classified into Beverages, Syrups, Cleaning Solution, Oils, Others (lubricants, granules, powders, baby food, condiments). On the basis of material used, the global market is classified into plastic, aluminum foil, kraft paper, the combination of the materials.
On the basis of end use application, the global spout pouch market is classified into food and beverages, automotive, pharmaceutical, paints, soaps and detergents, others. “Food and beverages” segment accounts for the largest market share of the spout pouches market and is expected to remain dominant over the forecast period. This is because of flexibility and durability and shelf appeal.
Geographically, the global market is classified into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The “spout pouches” market is expected to witness an average CAGR during the forecast period between 2014 and 2025.
Asia Pacific is the most beneficial market over the forecast period for the spouted pouches market for the increasing growth of food & pharmaceutical packaging. Asia Pacific’s market is expected to be primarily driven by China and India. This is due to per capita spending has increased manifold over the years. Moreover, the region has witnessed a substantial increase in the food retail market. However, ASEAN is expected to contribute a major share to the overall demand for spouted pouches in Asia Pacific.
North America and Europe are relatively mature markets. However, companies are emphasizing on product innovation and distribution channel to strengthen their market presence in the region. Middle East and Africa, Eastern Europe, and Latin America are expected to grow at a significant rate during the forecast period from 2014 to 2025.
The key players of the global market are Amcor Ltd., The DOW Chemical Company, Mondi Group, Berry Plastic Corporation, Smurfit Kappa Group, Bemis Company Inc., Essentra PLC, Bischof & Klein GmbH & Co. KG, Coating Excellence International, HOD Packaging and enterprises Ltd., Printpack Inc., ProAmpac, Sealed Air Corporation, Sonoco Products Company, and Winpak Ltd.
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