Spout Pouch Market Key Players

Spout Pouch Market Report 2024 | Growth, Size, Demand and Forecast by 2032

Travel blogger

Global Spout Pouch Market Statistics: USD 45.1 Billion Value by 2032

Summary:

  • The global spout pouch market size reached USD 25.2 Billion in 2023.
  • The market is expected to reach USD 45.1 Billion by 2032, exhibiting a growth rate (CAGR) of 6.5% during 2024-2032.
  • Asia Pacific leads the market, accounting for the largest spout pouch market share.
  • Caps account for the majority of the market share in the component segment as they are essential for maintaining product freshness.
  • Plastic holds the largest share in the spout pouch industry.
  • Less than 200 ml remain a dominant segment in the market due to the rising focus on convenient and portable packaging options.
  • Screw cap represents the leading closure type segment.
  • Food and beverages exhibit a clear dominance owing to the increasing demand for ready-to-eat (RTE) products.
  • The rising need for enhanced convenience and usability activities is a primary driver of the spout pouch market.
  • The increasing focus on sustainability and need for cost-effective solutions are reshaping the spout pouch market.

Industry Trends and Drivers:

  • Growing Need for Enhanced Convenience and Usability:

Spout pouches offer unmatched convenience for consumers. Their lightweight, flexible nature, and resealable feature make them perfect for on-the-go use. Whether it’s food products or personal care items, consumers appreciate the ability to reseal the package and consume the product later without spillage. This demand for practical and user-friendly packaging solutions, especially in busy lifestyles, is making spout pouches a popular choice. Apart from this, these pouches allow for easy pouring and controlled dispensing, enhancing the user experience. The ergonomic design also appeals to brands looking for functional and attractive packaging that resonates with modern consumers, contributing significantly to the market’s expansion.

  • Rising Focus on Sustainability:

Sustainability is increasingly becoming a core factor in packaging decisions, and spout pouches align well with this trend. Compared to traditional rigid plastic bottles or cartons, spout pouches use less material and are lighter, resulting in reduced carbon footprints during transportation. Their flexibility enables efficient stacking and storage, further lowering logistics costs. The rising focus on minimizing plastic waste is bolstering the market growth. Companies are turning to spout pouches as an eco-responsible option. In line with this, advancements in recyclable and biodegradable materials in pouch manufacturing are enhancing the appeal of spout pouches in industries, such as food and beverage (F&B) and personal care, where sustainability is a key concern for consumers.

  • Need for Cost-Effective Solutions:

The increasing focus on cost efficiency is catalyzing the demand for spout pouches. The manufacturing process for spout pouches requires less raw material as compared to traditional packaging like glass bottles or rigid containers. This reduction in material not only lowers production costs but also decreases storage and transportation expenses. Moreover, spout pouches are lightweight and take up less space, allowing for more efficient logistics and reduced shipping costs. Furthermore, brands can utilize customizable designs on the pouches, offering an attractive and cost-effective packaging solution. For manufacturers seeking to balance performance, aesthetics, and budget, spout pouches offer a valuable option.

Request for a sample copy of this report: https://www.imarcgroup.com/spout-pouch-market/requestsample

Spout Pouch Market Report Segmentation:

Breakup By Component:

  • Caps
  • Film

Caps account for the majority of shares as they are essential for maintaining product freshness.

Breakup By Material:

Spout Pouch Market Segments by Material

  • Plastic
  • Aluminum
  • Paper
  • Others

Plastic dominates the market, which can be attributed to its lightweight nature and resistance to breakage.

Breakup By Pouch Size:

  • Less than 200 ML
  • 200 to 500 ML
  • 500 to 1,000 ML
  • More than 1,000 ML

Less than 200 ml represents the majority of shares due to the rising focus on convenient and portable packaging.

Breakup By Closure Type:

  • Screw Cap
  • Flip Top Cap

Screw cap hold the majority of shares on account of its reliability, ease of use, and superior sealing properties.

Breakup By End User:

  • Food and Beverages
  • Cosmetics and Personal Care
  • Automotive
  • Pharmaceutical
  • Paints
  • Soaps and Detergents
  • Others

Food and beverages exhibit a clear dominance because of the increasing demand for ready-to-eat (RTE) products.

Breakup By Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Asia Pacific enjoys the leading position owing to a large market for spout pouch driven by rising preferences for convenient packaging solutions.

Top Spout Pouch Market Leaders: The spout pouch market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

Spout Pouch Market Key Players

  • Amcor plc
  • Clifton Packaging Group Limited
  • Constantia Flexibles
  • Glenroy Inc.
  • Guala Pack S.p.A.
  • Logos Packaging
  • Mondi plc
  • Printpack Inc.
  • ProAmpac
  • Scholle IPN India Packaging Pvt. Ltd. (SIG Combibloc Group AG)
  • Sonoco Products Company
  • Winpak Ltd. (Wihuri Oy)

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

 
Link to appstore phone
Install Iceland’s biggest travel app

Download Iceland’s biggest travel marketplace to your phone to manage your entire trip in one place

Scan this QR code with your phone camera and press the link that appears to add Iceland’s biggest travel marketplace into your pocket. Enter your phone number or email address to receive an SMS or email with the download link.