Spouted packaging refers to flexible packaging products used for packaging liquid substances, which usually include products such as alcoholic beverages, hygiene products, energy drinks, pharmaceutical products, sauces, and liquid soaps.
The spouted packaging is beneficial for other logistic requirements and assists in keeping the product safe, and maintains its integrity. Spout pouches are comparatively easier to produce and perfect for the "on the go" lifestyle of the consumers. Some of the materials used in the manufacturing of these pouches are plastic, aluminum, and paper.
Access Full Report @ https://www.databridgemarketresearch.com/ar/reports/europe-spouted-pouches-market
Data Bridge Market Research analyses that the Europe Spouted Pouches Market is expected to grow at a CAGR of 8.3% in the forecast period of 2023 to 2030 and is expected to reach USD 1,401.41 million by 2030. Adoption of innovative packaging technologies and solutions is expected to create an opportunity for Europe spouted pouches market.
Key Findings of the Study
Considerable demand for packaged food among consumers is expected to drive the market
The continuously burgeoning packaged food industry is driven by non-stop innovation in the market, supported by augmenting client demand. The demand for packaged food has reached a new level with the surge in work-from-home situations during the global lockdowns. The call for packaged food is escalating due to consumer predisposition toward convenience food products, as they are easy to procure and make. Packaged food plays a critical role in outlining consumer’s food selections in recent times with altering urban routines and progressing dietary patterns. Packaged food items are generally prepared in advance and packed in containers, which are then sold through diverse retail channels.
Moreover, factors such as on-the-go healthy snacking are insisting that market players introduce a wide range of meat snacks, cereal, and granola bars. Thus, the healthy snacking sector of the market is growing at a considerable rate. Another reason supporting the growth is rising health awareness among consumers. The call for healthy packaged food merchandise has stimulated the manufacturers to focus on generating fortified food merchandise, contributing to the product's price addition.
The growing westernization, along with an increase in the standard of living and preference for convenience food products, contributes towards the rise in demand for packaged food products. The rise in demand for packaged food subsequently drives the demand for pouches.
Thus, considerable demand for packaged food among consumers across the globe is expected to act as a driver for the Europe spouted pouches market.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015-2020)
|
|
Quantitative Units
|
Revenue in USD Million
|
|
Segments Covered
|
Product (Beverages, Syrups, Cleaning Solution, Oils and Others), Color (Green, Red, Black, Blue, Silver and Gold), Component (Cap, Straw and Film), Layer (Four, Three and Two), Pouch Size (Less Than 200 Ml, 200 Ml To 500 Ml, 500 Ml To 1000 Ml and More Than 1000 Ml), Filling Process (Aseptic, Retort, Standard and Hot-Filled), Material (Plastic, Aluminum and Paper), Application (Food, Beverages, Home and Personal Care, Automotive, Pharmaceutical and Others)
|
|
Countries Covered
|
Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe
|
|
Market Players Covered
|
Berry Global Inc. (U.S.), Amcor plc (Switzerland), Sonoco Products Company (U.S.), Mondi (U.K.), Coveris (Austria), Clifton Packaging Group Limited (U.K.), Constantia Flexibles (Germany), Foxpak Flexibles Ltd. (Ireland), Guala Pack S.p.a. (Italy), Huhtamaki (Finland), WINPAK LTD. (Germany), ProAmpac. (U.S.), and Hunan Zekun Packaging Technology Co., Ltd. (China), among others
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand
|
Segment Analysis
The Europe Spouted pouches market is segmented into eight notable segments which are based on product, color, component, layer, pouch size, filling process, material and application.
- On the basis of product, the spouted pouches market is segmented into beverages, syrups, cleaning solution, oils and others.
In 2023, the beverage segment is expected to dominate the Europe spouted pouches market
In 2023, the beverage segment is expected to dominate the market with a 34.37% market share owing to rising beverage consumption in emerging economy of Europe.
- On the basis of colour, the spouted pouches market is segmented into green, red, black, blue, silver, and gold.
In 2023, the blue color segment is expected to dominate the Europe spouted pouches market
In 2023, the blue color segment is expected to dominate the market with a 30.32% market share owing to the availability of different shades of blue, which can be used for a variety of products.
- On the basis of component, the market is segmented into cap, straw, and film. In 2023, the cap segment is expected to dominate the market with a 55.33% market share.
- On the basis of layer, the market is segmented into four, three, and two. In 2023, four layer segment is expected to dominate the market with a 55.35% market share.
- On the basis of pouch size, the market is segmented into less than 200 ml, 200 ml to 500 ml, 500 ml to 1000 ml, and more than 1000 ml. In 2023, the less than 200ml segment is expected to dominate the market with 37.13% market share.
- On the basis of filling process, the market is segmented into standard, aseptic, retort, and hot-filled. In 2023, the aseptic segment is expected to dominate the market with a 40.12% market share.
- On the basis of material, the market is segmented into plastic, aluminum, and paper. In 2023, the plastic segment is expected to dominate the market with a 46.59% market share.
- On the basis of application, the market is segmented into food, beverages, home & personal care, automotive, pharmaceutical and others. In 2023, the beverages segment is expected to dominate the market with 30.74% market share.
Major Players
Data Bridge Market Research recognizes the following companies as the major market players in Europe Spouted pouches market are Berry Global Inc. (U.S.), Amcor plc (Switzerland), Sonoco Products Company (U.S.), Mondi (U.K.), Wipak Group (Germany), and ProAmpac. (U.S.).
Recent Developments
- In June 2023, Berry Global Group, Inc. (NYSE: BERY) pledged to achieve net-zero emissions throughout its global operations and value chain by 2050. By 2050, the corporation hopes to have reduced its overall Scope 1, 2, and 3 emissions by more than 90% and neutralized its remaining residual greenhouse gas (GHG) emissions. Meeting these objectives helps Berry stay on track with a 1.5°C warming scenario and supports the Paris Agreement's goal of keeping global warming well below 2°C.
- In April 2022, Amcor, a global leader in developing and manufacturing responsible packaging solutions, expanded its pharmaceutical packaging offering with new, more sustainable High Shield laminates. The new low-carbon, recycle-ready packaging choices provide on two fronts: they meet the industry's high barrier and performance criteria while supporting pharmaceutical companies' recyclability objectives.
- In March 2021, ProAmpac facilities secured SQF food-quality certifications in 2020. SQF certifications provide customers assurances that they will receive the same packaging made in adherence to the same quality systems from multiple plants throughout the ProAmpac network.
- In July 2021, ProAmpac acquired Ultimate Packaging, a flexographic and digitally-printed flexible packaging pioneer based in the United Kingdom. The acquisition will help the company better serve its customers with an enhanced offering of recyclable and compostable solutions.
- In August 2021, ProAmpac launched HC-Series of Healthcare Materials at Medical Design & Manufacturing (MD&M) West. HC-600 is a series of high-barrier films that suit a variety of market applications.
Regional Analysis
Countries covered in the Europe Spouted pouches market are Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe.
As per Data Bridge Market Research analysis:
U.K. is the fastest growing region in Europe Spouted pouches market during the forecast period 2023-2030
U.K. is expected to fastest growing country in Europe Spouted pouches market with a significant growth rate and a highest market share due to its robust packaging industry and strong consumer demand.
Germany is the dominating growing region in Europe Spouted pouches market
Germany is expected to dominate the Europe spouted pouches market due to its robust packaging industry and strong consumer demand.
For more detailed information about the Europe Spouted pouches market report, click here – https://www.databridgemarketresearch.com/ar/reports/europe-spouted-pouches-market
