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Spout Pouch Market Size, Industry Analysis Report By Filling Process (Standard, Aseptic, Retort, Hot-filled), By Material Type (Plastic, Aluminium, Paper), By End-User (Home, Automotive- oil and lubricants, coolants, Pharmaceuticals) & Region – Forecasts

  • PUBLISHED ON
  • 2024-10-03
  • NO OF PAGES
  • 289
  • CATEGORY
  • Retails & Consumer
The Spout Pouch Market: Overview
The Spout Pouch Market is valued at around USD 21,7784.2 million in 2021 and is expected to reach USD 40, 266.7 million by 2030, registering a CAGR of 7.3% over the forecast period. A spout pouch is a sort of bag with a bigger opening on one end and a smaller opening that can be shut off on one end. Because of the small aperture, this style of bag is frequently used to package liquids like milk or juice because it is simple to pour the contents out without spilling. The bags can be recycled. Liquid products, which typically include items like alcoholic beverages, hygiene products, energy drinks, pharmaceutical products, sauces, liquid soaps, and several others, are packaged in spout pouches.
Spout pouches are among the greatest packaging options since they are simple for both customers and manufacturers to use. Spout pouches are ideal for the ""on the go"" lifestyle of the consumer and are relatively simpler to create. Packaging using spout pouches protects the product's integrity and is safe.

The Spout Pouch Market - Growth Factors
Customers all around the world are rapidly favouring flexible spout pouches because of their ease of use, ability to be re-closed, portability, light weight, ease of packing, ability to be entirely emptied, ability to be consumed on-the-go, and a number of other qualities. Spout pouches are preferred by end-use industries for packaging as well as consumers because, in contrast to rigid packaging, they aid in brand identity through appealing shapes, sizes, and colours. Spout pouch packaging offers producers a number of advantages by lowering capital expenses, transportation costs, greenhouse gas emissions, carbon footprint, and waste going to landfills. Spout pouches thereby serve both customers and manufacturers, as would be expected. The food and beverage sectors use spout pouches extensively.

The Spout Pouch Market – Market Trends
• Demand for convenience foods is rising, particularly among young individuals and working women. This is primarily responsible for the expansion of the spout pouch market.
• Increasing customer preference for packaged and convenient food over traditional home-cooked meals is a result of rising disposable earnings. This is fuelling the market for spout pouches.
• Growing consumer awareness of the value of healthy eating habits and nutrition in daily life: Consumers are becoming more and more aware of the importance of health and nutrition. The desire for healthy food products, such those offered in spout pouches packaging styles, is rising as a result of this.
• Increase in e-commerce platforms: Consumers may now buy packaged food products online from the convenience of their homes or offices thanks to the growth of e-commerce platforms. This is assisting with the expansion of the spout pouch industry globally. 5) Technological developments: By facilitating production efficiency, new technologies have contributed to lower manufacturing costs, making spouted pouches more accessible to consumers.

The Spout Pouch Market – Segmentation
The Spout Pouch Market fragrance concentrates market has been sub-classified into material, product, end-user.

On the basis of pouch size, the Spout Pouch Market is bifurcated into:
• Less than 200 ml
• 200 ml to 500 ml
• 500 ml to 1000 ml
• More than 1000ml
• Others

On the basis of filling process, the market is segmented into:
• Standard
• Aseptic
• Retort
• Hot-filled
• Others

On the basis of material type, the market is segmented into:
• Plastic
• Aluminium
• Paper
• Food- dairy products, dips and dressings, soups and sauces.
• Beverages- alcoholic, non-alcoholic.
• Others

On the basis of end-user industry, the market is segmented into:
• Home and personal care- liquid soaps, lotions laundry detergents
• Automotive- oil and lubricants, coolants.
• Pharmaceuticals
• Others

The Spout Pouch Market –Regional Analysis
Asia-pacific dominated the global Spout Pouch Market is predicted to hold the biggest market share for spout pouches. Due to the Asia Pacific region's higher than average per capita packaging consumption, North America and Europe are predicted to fall behind this region in the spout pouch market. According to estimates, the MEA area contributes a tiny but quickly expanding market share to the spout pouch industry. During the forecast period, the spout pouch market is anticipated to grow moderately in the Latin American region.

The Spout Pouch Market – Key Market players
Global key players of Spout Pouch Market include Amcor Limited, Smurfit Kappa Group PLC, Berry Global Group Inc, Mondi, Bemis Company, Inc., Sonoco Products Company, Sealed Air Corp, Huhtamaki Oyj, ProAmpac LLC, Tyler Packaging Ltd, Glenroy, Inc., Foster Packaging International, HPM Global Inc., Impak Corporation, Coveris Holdings S.A. among others

Report scope
Global Spout Pouch Market: Historical Years- 2018-2021
Global Spout Pouch Market: Forecast Years- 2022-2030
Global Spout Pouch Market 2022- USD 21, 784.2 million
Global Spout Pouch Market 2030- USD 40, 266.7 million
Global Spout Pouch Market CAGR- 7.3%

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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