- Beverages and Syrups
- Cleaning Solution
Spout Pouch Market was valued at USD 2,785.8 million in 2022 and is poised to grow at a CAGR of 7.5% over 2023-2029. A spout pouch is a type of flexible and adaptable packaging that’s customizable, versatile, and used to wrap fluid and non-liquid substances. The rising organized and e-retail penetration, as well as growing demand in the food & and beverage and pharmaceutical sectors, is expected to drive the market worldwide. The versatility and option for customizable packaging depending on the product are currently becoming popular in the market. Moreover, the spout pouches allow for the near-total evacuation of the product decreasing the waste of the product and increasing the opportunities for adoption of this method by several industries. According to research, rigid containers can leave 6% – 14% of the product in packaging, while pouches can evacuate up to 99.5% of the product, increasing the market demand. Furthermore, spout pouch packaging reduces expenditure, transportation cost, greenhouse gas emission, carbon footprint materials going into landfills, and various other benefits to manufacturers leading to market growth. For instance, according to a recent LCA study by PTIS, choosing spouted pouches instead of rigid PET bottles results in up to 83% less greenhouse gas emissions, 72% less plastic waste, and 65% less landfill waste. However, the stringent government policies on flexible plastic packaging owing to the harm imposed on the environment and as it requires decades to decompose. However, the aspect of sustainability, more accessibility and mess-free as compared to plastic containers and glass bottles along with developed technology, developed infrastructure, and increased disposable income among consumers is heightening the growth of the market.
Fastest Growing Market
The market is expected to rise as the demand for plastic-based spout pouches has increased owing to the low cost and better mechanical strength than other materials used. It can be well intended for the packaging of Liquid food products, Household cleaning chemicals, Juice products, etc. This plastic-based spout pouches construction has some variation as well because biaxially oriented PA film is typically employed in thicknesses of 15 microns or less. However, in some circumstances, PA film 25 microns will be modified to achieve superior pouch strength, such as PET12/PA25/LLDPE190 foil structure can be used in specific packages. According to the report, plastic accounted for the largest market share.
The spout pouch market was valued at USD 2,785.8 million in 2022 and is expected to grow at 7.5% CAGR over the forecast period 2023 – 2029.
Based on the material, the spout pouch market has been segmented into plastic, aluminium, kraft paper, and combined. Currently, plastic exhibits a dominance in the market.
The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
Amcor Ltd., Sonoco Products Company, The DOW Chemical Company, Mondi Group, Berry Plastic Corporation, Smurfit Kappa Group, Bemis Company Inc., Essentra PLC, Bischof & Klein GmbH & Co. KG, Coating Excellence International, HOD Packaging and enterprises Ltd., Printpack Inc., ProAmpac, Sealed Air Corporation and Winpak Ltd. are a few companies operating in spout pouches market.