Spouted packaging refers to flexible packaging products used for liquid substances, which usually include alcoholic beverages, hygiene products, energy drinks, pharmaceutical products, sauces, and liquid soaps.
Access Full Report @ https://www.databridgemarketresearch.com/ru/reports/global-spouted-pouches-market
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 consumers. Some of the materials used in the manufacturing of these pouches are plastic, aluminum, and paper.
Data Bridge Market Research analyses that the Global Spouted Pouches Market is expected to grow at a CAGR of 9.0% in the forecast period of 2023 to 2030 and is expected to reach USD 6,482.32 million by 2030. The adoption of innovative packaging technologies and solutions is expected to create an opportunity for the global spouted pouches market.
Key Findings of the Study
Considerable Demand for Packaged Food Among Consumers Across the Globe is Expected to Drive the Market
The continuously burgeoning global 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 consumers' 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 global 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 Solutions, Oils and Others), Color (Green, Red, Black, Blue, Silver and Gold), Component (Cap, Straw and Film), Layer (Four, Three and Two), Pouches 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 & Personal Care, Automotive, Pharmaceutical and Others)
|
|
Countries Covered
|
U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, and Rest Of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Malaysia, Taiwan, Indonesia, Hong kong, Philippines, and Rest Of Asia-Pacific, Brazil, Argentina, and Rest Of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and Rest Of Middle East And Africa
|
|
Market Players Covered
|
Berry Global Inc (U.S.), Mondi (U.K.), Coveris (Austria), Huhtamaki (Finland), Constantia Flexibles (Germany), Swiss Pack (India), WINPAK LTD. (Canada), ProAmpac (U.S.), Glenroy, Inc. (U.S.), Sonoco Products Company (U.S.) , Clifton Packaging Group Limited (U.K.) , Scholle IPN (U.S.), Foxpak Flexibles Ltd. (Ireland), TedPack Company Limited. (China), Hunan Zekun Packaging Technology Co., Ltd. (China), Guala Pack S.p.a. (Italy ) and Wipak Group (Germany) 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 global 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 solutions, oils, and others.
In 2023, the beverage segment is expected to dominate the global spouted pouches market
In 2023, the beverage segment is expected to dominate the global Spouted pouches market with a 33.02% market, beverage segment is expected to have the largest market share due to spouted pouches offer ease of use and convenience for beverage products. The built-in spout allows for controlled pouring, reducing spills and messes. This feature is particularly valuable in the beverage industry, where liquids and semi-liquids are commonly packaged.
- 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 global spouted pouches market
In 2023, the blue color segment is expected to dominate the global Spouted pouches market with a 28.52% market share, blue color segment is expected to have the largest market share owing to the product attractive, bright designs that can help goods stand out from other products. Also different shades of blue, which can be used for a variety of products.
- On the basis of material, the spouted pouches market is segmented into plastic, aluminum, and paper. In 2023, the plastic segment is expected to dominate the market with a market share of 44.82%.
- On the basis of the component, the spouted pouches market is segmented into cap, straw, and film. In 2023, the cap segment is expected to dominate with a 53.82% market share.
- On the basis of layer, the spouted pouches market is segmented into four, three, and two. In 2023, four layer segment is expected to dominate with a 52.86% market share.
- On the basis of pouch size, the spouted pouches 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, less than 200ml segment is expected to dominate with 35.26% market share.
- On the basis of application, the spouted pouches market is segmented into food, beverages, home & personal care, automotive, pharmaceutical, and others. In 2023, beverages segment is expected to dominate with 29.37% market share.
- On the basis of filling process, the spouted pouches market is segmented into Aseptic, Retort, Hot-filled, standard. In 2023, aseptic segment is expected to dominat with 38.12% market share.
Major Players
Data Bridge Market Research recognizes the following companies as the major market players in global Spouted pouches market are Berry Global Inc (U.S.), Mondi (U.K.), Coveris (Austria), Huhtamaki (Finland), Constantia Flexibles (Germany), Swiss Pack (India), WINPAK LTD. (Canada), ProAmpac (U.S.), Glenroy, Inc. (U.S.), Sonoco Products Company (U.S.) , Clifton Packaging Group Limited (U.K.) , Scholle IPN (U.S.) , Foxpak Flexibles Ltd. (Ireland), TedPack Company Limited. (China), Hunan Zekun Packaging Technology Co., Ltd. (China), Guala Pack S.p.a. (Italy ) and Wipak Group (Germany) among others.
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 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 September 2021, Berry Global Inc. announced to expand its North American capacity for clear, sustainable food service packaging. The expansion will help the company to expand its production facilities.
- In May 2021, Berry Global Group, Inc. invested over USD 70 million to support continued growth in consumer packaging films, primarily for e-commerce, food, and beverage applications. The investment has helped the company to attract a more extensive customer base.
- In September 2021, Berry Global Inc. announced to expand its North American capacity for clear, sustainable foodservice packaging. The expansion will help the company to expand its production facilities.
Regional Analysis
Geographically, the countries covered in the global Spouted pouches market are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, and Rest Of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Malaysia, Taiwan, Indonesia, Hong kong, Philippines, and Rest Of Asia-Pacific, Brazil, Argentina, and Rest Of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and Rest Of Middle East And Africa.
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominant and fastest growing region in global Spouted pouches market during the forecast period 2023-2030
Asia-Pacific is expected to dominate the global Spouted pouches market with a significant growth rate and the highest market share due to the presence of a large number of operating major players in the region and the increase in initiatives such as acquisitions, collaborations and product launch by manufacturers to distribute their products efficiently to the consumer.
For more detailed information about the global spouted pouches market report, click here – https://www.databridgemarketresearch.com/ru/reports/global-spouted-pouches-market
