Global Spout and Non Spout Liquid Pouch Packaging Market was valued US$ 6 Bn in 2017 and is estimated to reach US$ 10 Bn in 2026 with a CAGR of 6.5 % during the forecast period.
Global spout and non-spout liquid pouch packaging market is segmented into by application, by size, by lamination, and by region. In terms of type, the spout and non-spout liquid punch packaging market is divided into the spout, and non-spout. Based on application, the spout and non-spout liquid pouch packaging market is split into food and beverages, industrial, personal care, home care, and pharmaceutical. Based on geography, the spout and non-spout liquid pouch packaging market are segregated into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.
Robust growth of food and beverages, personal care, home care, industrial and pharmaceutical industry will propel the spout and non-spout liquid pouch packaging market growth. Shifting consumer preference towards convenient packing options coupled with improving living standards are key factors driving the Spout and Non-Spout Liquid Pouch Packaging demand. Rising ready-to-eat food packaging demand due to busy schedules will support the industry size. Growth in R & D investments to innovate efficient designs and enhance utility among manufacturers will propel the packaging development. Fluctuating polymer costs due to volatile petrochemical prices are among the key factor influencing the packaging price trend. However, stringent government regulations on polymer consumptions may hamper the industry growth.
Increasing consumer health consciousness resulting in shifting focus towards fluid diet and beverages will fuel business growth. Shifting significance for decorative and stand up packages in the retail industry will propel spout liquid pouch packaging market. Technological advancement and industrial innovations particularly for infant food with superior flexibility and puncture resistance properties have enhanced the Lamination penetration. Advanced fitments such as re-sealable caps, tubes and pout valves provide convenience in food consumption. In addition, factors including ease of disposability, extended shelf life along with cost effectiveness will support the non-spout liquid pouch packaging market size.
Spout segment witnesses gain at high percentage in terms of revenue during the forecast period.
Food and beverages accounted for more than 50% of the non-spout liquid pouch packaging market in 2017. Strong outlook in food applications including juices, dairy spout and non-spout liquid pouch packaging, beverages, wine and spirits and water due to improved shelf life and protection against impurities will propel industry growth. Shifting consumer focus on hygiene maintenance coupled with rising consumption of ready-to-eat food will fuel the application.
Personal care application in spout liquid pouch packaging market is anticipated to grow at over the forecasting period. Rising demand for anti-ageing skin cosmetics among adult and geriatric population is among key factors fostering industry growth. Moreover, the upsurge in the novel in-store shopping experience demand particularly among women will further enhance the business expansion. Growth in household care industry due to changing lifestyles and increased hygiene awareness has enhanced the spout and non-spout liquid pouch packaging demand.
Asia Pacific is anticipated to witness maximum growth during the forecast period. Rising flexible package demand for food and beverages industry in developing countries including China, India, Thailand and Indonesia will stimulate the spout and non-spout liquid pouch packaging demand. Europe spout and non-spout liquid pouch packaging market are followed by the Asia Pacific in terms of value. Changing demographics and income trends influencing the shift in trend towards packaged food and cosmetic spout and non-spout liquid pouch packaging will drive the regional demand. Presence of notable packaging manufacturers along with innovations to improve convenience are among major factors fuelling the industry growth.
Companies with notable industry share include Sonoco, Ampac, Swiss Pac, Impak, Uflex, Tetra Pak International, Weyerhaeuser Company, and Smurfit Kappa. The manufacturers are involved in spout and non-spout liquid pouch packaging innovations, mergers and acquisitions and plant expansions to gain competitive share. For instance, in October 2017, Tetra Pak International acquired Big Drum Engineering GmbH, a leading filling machines supplier for the industry. The acquisition will strengthen the company’s spout and non-spout liquid pouch packaging offering for ice-cream manufacturers.
Scope Global Spout and Non-Spout Liquid Pouch Packaging Market:
Global Spout and Non-Spout Liquid Pouch Packaging Market By Type:
Global Spout and Non-Spout Liquid Pouch Packaging Market By Application:
• Food and Beverages
• Personal Care
• Home Care
Global Spout and Non-Spout Liquid Pouch Packaging Market By Size:
• 100 ml
• 200 ml
• 350 ml
• 500 ml
• 750 ml
• 1000 ml
Global Spout and Non-Spout Liquid Pouch Packaging Market By Lamination:
• Two layer
• Three Layer
• Four Layer
Global Spout and Non-Spout Liquid Pouch Packaging Market By Region:
• North America
• Latin America
• Asia Pacific
• The Middle East and Africa
Key Player analysed in Global Spout and Non Spout Liquid Pouch Packaging Market:
• Swiss Pac
• Tetra Pak International
• Weyerhaeuser Company
• Smurfit Kappa
• Clondalkin Group
• Billerudkorsnas AB
• Huhtamaki Oyj
• Dow Chemical and Constantia Flexibles
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