Market Size –
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%. The growth in the historic period can be attributed to the growing demand for energy drinks, growing demand for cost-effective alternatives, increasing demand for packaged food, an increase in food retail, and the increasing 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 growth in the forecast period can be attributed to increasing demand for convenient and sustainable packaging, convenience, and portability, rising penetration of the organized e-retail sector across the world, and increasing demand for spouted pouches in the food and beverage industries. Major trends in the forecast period include technological advancements, innovative packaging formats, innovation in spout design, innovative packaging technologies, and collaborations and partnerships.
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Scope Of Spouted Pouches Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Spouted Pouches Market Overview
Market Drivers –
The increasing demand for on-the-go food and beverage products is expected to propel the growth of the spouted pouch market going forward. On-the-go food and beverage products refer to items that are convenient and easy to consume outside of traditional dining environments, such as at work, during travel, or while engaging in other activities. The increasing demand for on-the-go food and beverage products is driven by busy lifestyles, convenience preferences, and urbanization trends. Spouted pouches are ideal for on-the-go food and beverage products due to their portable, resealable design, making them convenient for consumers to carry, pour, and consume without spills, making them perfect for busy lifestyles and urban settings. For instance, in October 2023, according to the Government of Canada, a Canada-based government department, exports of processed food and beverages hit a record $54.3 billion in 2022, a 14.1% increase over the previous year. Therefore, the increasing demand for on-the-go food and beverage products is driving the growth of the spouted pouch market.
Market Trends –
Major companies operating in the spouted pouches market are focusing on developing innovative packaging technologies, such as new pouches, to reduce environmental impact and improve recyclability. Pouches refer to pouch packaging solutions incorporating advanced features, materials, or designs to enhance functionality, sustainability, convenience, and appeal in various industries. For instance, in February 2024, Amcor plc, an Australia-based packaging company, partnered with Stonyfield Organic, a US-based producer of dairy products, and launched the first-ever all-polyethylene (PE) spouted pouch. This innovative packaging solution uses Amcor’s AmPrima Plus, an all-PE film designed for optimal recyclability, and the Vizi cap from Cheer Pack North America. The new pouch replaces Stonyfield Organic’s previous multilayered packaging with an eco-friendly design for its YoBaby refrigerated yogurt. This breakthrough product offers enhanced recyclability, reduced plastic usage, and improved production compatibility, making it a significant step toward a more sustainable packaging future.
The spouted pouches market covered in this report is segmented –
1) By Component: Cap, Straw, Film
2) By Material: Plastic, Aluminium, Paper
3) By Pouch Size: Less Than 200 ML, 200 ML To 500 ML, 500 ML To 1000 ML, More Than 1000 ML
4) By Filling Process: Standard, Aseptic, Retort, Hot-Filled
5) By Application: Food And Beverage, Personal Care, Automotive, Pharmaceutical, Other Applications
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Regional Insights –
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.
Key Companies –
Major companies operating in the spouted pouches market are Amcor plc, Berry Global Inc., Smurfit Kappa Group, Mondi Group, Sonoco Products Company, Huhtamäki 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
Table of Contents
1. Executive Summary
2. Spouted Pouches Market Report Structure
3. Spouted Pouches Market Trends And Strategies
4. Spouted Pouches Market – Macro Economic Scenario
5. Spouted Pouches Market Size And Growth
…..
27. Spouted Pouches Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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