PUBLISHER: The Business Research Company | PRODUCT CODE: 1539797
PUBLISHER: The Business Research Company | PRODUCT CODE: 1539797
Spouted pouches are versatile flexible packaging solutions that feature a spout attached to the packaging, enabling easy pouring and dispensing of contents. They are highly utilized for liquids, powders, and semi-liquid products due to their convenience and adaptability.
The key components of spouted pouches include the cap, strap, and film. Cap-spouted pouches are a type of flexible packaging that combines the convenience of a spout with the resealability of a cap. They can be constructed from various materials such as plastic, aluminum, and paper, and come in different sizes including less than 200 mL, 200 mL to 500 mL, 500 mL to 1000 mL, and over 1000 mL. These pouches are suitable for a variety of filling processes such as standard, aseptic, retort, and hot-filled, and find applications across diverse industries including food and beverage, personal care, automotive, pharmaceutical, among others.
The spouted pouches market research report is one of a series of new reports from The Business Research Company that provides spouted pouches market statistics, including spouted pouches industry global market size, regional shares, competitors with spouted pouches market share, detailed spouted pouches market segments, market trends and opportunities, and any further data you may need to thrive in the spouted pouches industry. This spouted pouches market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The spouted pouches market size has grown strongly in recent years. It will grow from $3.15 billion in 2023 to $3.44 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. During the historic period, growth can be attributed to several factors including increased demand for energy drinks, the rising popularity of cost-effective alternatives, greater demand for packaged foods, expansion in food retail, and the growing adoption of spout pouches.
The spouted pouches market size is expected to see strong growth in the next few years. It will grow to $4.98 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The forecasted growth can be attributed to the rising demand for convenient and sustainable packaging solutions, emphasizing convenience and portability, alongside the expanding presence of organized e-retail sectors worldwide and heightened demand for spouted pouches within the food and beverage industries. Key trends expected during the forecast period include advancements in technology, the emergence of innovative packaging formats and spout designs, developments in packaging technologies, and increased collaborations and partnerships within the industry.
The rising demand for on-the-go food and beverage products is expected to drive the growth of the spouted pouch market in the coming years. On-the-go food and beverage products are convenient items designed for consumption outside of traditional dining settings, catering to busy lifestyles, convenience preferences, and urbanization trends. Spouted pouches are well-suited for these products due to their portable and resealable design, allowing consumers to easily carry, pour, and consume without spills, making them particularly suitable for urban environments and fast-paced lifestyles. For example, in October 2023, the Government of Canada reported that exports of processed food and beverages reached a record $54.3 billion in 2022, marking a 14.1% increase from the previous year. This underscores the growing demand for on-the-go food and beverage products, which is driving the expansion of the spouted pouch market.
Major companies in the spouted pouches market are increasingly focused on developing innovative packaging technologies to minimize environmental impact and enhance recyclability. These pouches integrate advanced features, materials, or designs aimed at improving functionality, sustainability, convenience, and attractiveness across various industries. For example, in February 2024, Amcor plc, an Australian packaging company, collaborated with Stonyfield Organic, a US-based dairy products producer, to introduce the first-ever all-polyethylene (PE) spouted pouch. This pioneering packaging solution utilizes Amcor's AmPrima Plus, an all-PE film optimized for recyclability, along with the Vizi cap from Cheer Pack North America. The new pouch replaces Stonyfield Organic's previous multilayered packaging with an environmentally friendly design for its YoBaby refrigerated yogurt. This advancement offers enhanced recyclability, reduced plastic usage, and improved production compatibility, representing a significant stride toward a more sustainable future in packaging.
In June 2022, SIG Group AG, a Switzerland-based packaging corporation, completed the acquisition of Scholle IPN Corporation, a US-based producer of equipment and packaging materials for pouches and bag-in-box systems. The acquisition, valued at an undisclosed amount, is part of SIG's strategy to enhance its leadership in sustainable packaging. By integrating Scholle IPN's capabilities, SIG aims to broaden its eco-friendly product portfolio and effectively address growing consumer and regulatory demands for sustainable packaging solutions.
Major companies operating in the spouted pouches market are Amcor plc, Berry Global Inc., Smurfit Kappa Group, Mondi Group, Sonoco Products Company, Huhtamaki Oyj, SIG Group AG, Printpack Inc., Winpak Ltd., Coveris Holdings S.A., Constantia Flexibles Group GmbH, ProAmpac Holdings Inc., Star Packaging Corporation, Scholle IPN Corporation, HPM Global Inc., Bemis Company Inc., Guala Pack S.p.a., Glenroy Inc., WJ Packaging Solutions, Clifton Packaging Group Limited, Swisspac Packaging LLC, IMPAK Corporation, Foxpak Flexibles Ltd, Pouch Direct Pty Ltd., TedPack Company Limited
North America was the largest region in the spouted pouches market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the spouted pouches market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the spouted pouches market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The spouted pouches market consists of sales of products including baby food, sauces and condiments, dairy products, personal care products, household products, and liquid foods. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Spouted Pouches Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on spouted pouches market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for spouted pouches ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The spouted pouches market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.