Analysis of Spout pouch market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Flexible packaging formats has witnessed a significant growth over rigid packaging formats. Spout pouches are commonly used flexible packaging solution for packaging of several products in industries such as food, beverages, home care & personal care, automotive, pharmaceuticals etc. Spout pouch is a flexible packaging solution in which spout is equipped at the top of the pouch, or at the corner. Spout pouch are mostly used for packaging of liquid products such as sauces, beverages, lubricants. Consumer preference for flexible packaging is increasing over rigid packaging solutions.
Spout pouch and zipper pouch are popular among consumers as they prefer convenient and efficient packaging solution that keeps the content fresh, are transparent and can be consumed on-the-go, microwave compatible, easy to open & close, consumes less storage space. Along with these features spout pouch enhances the shelf presence, are lightweight and cost efficient. The global spout pouch market is expected to witness significant growth during the forecast period.
Manufacturers are focusing on innovative packaging solutions with add on features such as zippers, spouts etc. Re-sealability plays a vital role in the selection of packaging format. Resealable pouches have become the primary choice of packaging solution and spout pouch is one of them. The amount of packaging material used for manufacturing spout pouches is less as compared to the rigid packaging solutions such as bottles, aseptic cartons etc. and the enhanced shelf life offered by the spout pouch over rigid packaging solutions is also an advantage.
Consumers in the U.S. prefer re-sealibility featured packaging solution over non-resealable product.
From the sustainability aspect, manufacturing of spout pouches consumes less energy and bulk amount of units can be transported as compared to rigid containers.
Despite the positive the outlook, there might have several factors that might hamper the growth of spout pouch market during the forecast period. The cost of recycling is more in multi-layer spout pouch packaging than in traditional recycling of packages. Spout pouch and other flexible pouches are made of multi-layer barrier films. The inner layer is made of low density polyethylene film, the middle layer is made of a thin barrier film and the outer layer is made of a plastic film with high melting point. Overall growth of spout pouch market is expected to be positive during the forecast period.
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Globally, the spout pouch market has been divided into seven key regions such as: North America, Latin America, Western Europe, CIS & Russia, Asia – Pacific, Japan, and Middle East and Africa. The North America spout pouch market is expected to dominate the global spout pouch market.
Some of the key players operating in the global Spout pouch market are: Amcor Limited, Bemis Company, Inc., Mondi plc, Berry Global Group, Inc., Sonoco Products Company, Sealed Air Corporation, Smurfit Kappa Group PLC, Huhtamaki Oyj, ProAmpac LLC, Tyler Packaging Ltd., Glenroy, Inc., Foster Packaging International, HPM Global Inc., Impak Corporation, Coveris Holdings S.A. among others. Many local and unorganized players are expected to contribute to the global spout pouch market during the forecast period.
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The global spout pouch market has been segmented on the basis of material type, capacity, closure type, and end use industry.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
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Spout pouch market is estimated to grow at a CAGR of 7.2% during the forecast period.
The demand for safer packaging solutions is rising, and the food, beverage, and pharmaceutical industries are adopting them more frequently.
Asia Pacific is likely to be a region with lucrative opportunities for spout pouch manufacturers.
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