Flexible spout pouches are increasingly preferred by consumers across the world as they are easy to open, can be re-closed, portable, lightweight, easy to pack, completely emptied, can be consumed on-the-go and various other features. Not only for consumers, end-use industries of packaging also prefer spout pouches as they help in brand differentiation through attractive shapes, size and colors in comparison with rigid packaging. Spout pouch packaging reduces capital expenditure, transport cost, greenhouse gas emission, carbon footprint, materials going into landfills and various other benefits to manufacturers. So as expected spout pouches benefit both consumers and manufacturers alike. Food and beverage industries are major consumers of spout pouches.
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Across the world, especially in developed regions, dairy products are increasingly packed in spout pouches as compared to other form of packaging such as thin wall containers, plastic trays, glass jars and other rigid containers. Moreover, rise in e-commerce has also positively affected packaging industry. Spout pouches and other packaging formats are increasingly preferred by e-commerce firms for delivery of food products. Products such as soup, pet food, detergents when ordered online are mostly delivered in spout pouches and other forms of flexible packaging instead of rigid packaging formats. All these factors are anticipated to grow the market for spout pouches in near future.
Globally, on the basis of pouch size, spout pouch market is segmented into less than 200 ml, 200 ml to 500 ml, 500 ml to 1000 ml and more than 1000 ml. On the basis of filling process, the global spout pouch market is segmented into standard, aseptic, retort and hot-filled. On the basis of material type, the global spout pouch market is segmented as plastic, aluminum and paper. On the basis of end-use industry, the global spout pouch market is segmented into food, beverages, home & personal care, automotive, pharmaceutical and others. The food industry is further sub-segmented into dairy products, dips & dressings and soups & sauces. The beverage industry is further sub-segmented into alcoholic and non-alcoholic beverages. The home & personal care segment is further sub-segmented into liquid soaps, lotions and laundry detergent. The automotive industry is further sub-segmented into oil & lubricants and coolants.
On the basis of pouch size, 200 ml to 500 ml segment accounts for highest market share of 48.0% in 2017 and is anticipated to register a CAGR of 6.9% during the forecast period. On the basis of filling process, standard segment is anticipated to register a CAGR of 7.0%, during the forecast period and is anticipated to account for highest market share of 58.0% in 2017. On the basis of material type, the plastic segment dominated the market of the global spout pouch market. Plastic segment is expected to create an incremental opportunity of US$ 719.3 Mn, during the forecast period.
Asia Pacific region is estimated to account for the largest share in spout pouch market. North America and Europe are expected to trail the Asia Pacific region in spout pouch market as the region has the highest per capita consumption of packaging. The MEA region is estimated to contribute small but rapidly growing market share in spout pouch market. Growth in spout pouch market in Latin America region is expected to be moderate during the forecast period.
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Few of the key players in the global spout pouch market includes Amcor Limited, Smurfit Kappa Group PLC, Berry Global Group Inc, Mondi, Bemis Company, Inc., Sonoco Products Company, Sealed Air Corp, Huhtamaki Oyj, ProAmpac LLC, Tyler Packaging Ltd, Glenroy, Inc., Foster Packaging International, HPM Global Inc., Impak Corporation, Coveris Holdings S.A. among others.
Spout Pouch Market to Gather Significant Revenue Owing to High Demand from Beverage Sector
Rapid development of the food, manufacturing, and packaging industry is expected to aid in expansion of the global spout pouch market in the foreseeable years. Adaptable or spout pockets are progressively favored by customers across the world as they are not difficult to open, can be re-shut, versatile, lightweight, simple to pack, totally discharged, can be devoured in a hurry and different highlights. Not just for customers, end-use enterprises of bundling likewise lean toward ramble pockets as they help in brand separation through alluring shapes, size and tones in examination with unbending bundling. Spout pocket bundling decreases cost of capital, transportation cost, harmful gas emission, carbon impression, materials going into landfills and different advantages to makers. So true to form ramble pockets advantage the two purchasers and producers the same. Food and drink ventures are significant buyers of spout pockets.
Based on segmentation by material type, the market is classified into aluminum, paper, and plastic. In terms of end-user, the market is categorized into home & personal care, pharmaceutical, automotive, food, beverages, and others. The beverage industry is further classified into laundry detergent, lotions, and liquid soaps. The food sector is classified into sauces & soaps, dressings & dips, and dairy products. Geographically, the global market for spout pouches is dominated by Asia Pacific with North America and Europe following closely. Additionally, the market in the Middle East and Africa is expected to witness notable growth in the coming years on account of the increasing adoption of latest medical therapeutics and diagnostic approaches.
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Appropriateness of spout pocket is high in food and refreshments industry, consequently makes the item advantageous to utilize, alluring for marking, and expands the bundling nature of the item. The utilization of spout pocket is an adaptable bundling choice when contrasted with plastic or glass bottles. They can likewise be reused and are utilized for putting away various fluid substances. As the spout pocket is not difficult to deal with and convey, it uphold the in a hurry way of life of the clients.
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