The global spout pouch market was estimated at US$ 21,784.2 Mn in 2021 and is expected to arrive at US$ 40,266.7 Mn by 2030. The market is estimated to register a CAGR of 7.3% during the forecast period 2022-2030. In volume terms, the market is registering a CAGR of 6.9% during the forecast period. Spout pouch is an adaptable and extremely versatile packaging choice for most of the liquid items of different consistencies. Its utilization can be visible for different purposes, for example, to wrap fluid and non-liquid substances. Spout pockets or pouches can hold fluids, refreshments, wine, sugar, honey, juices, sauces, bone stocks, creams, cleansers, and oils. It is also used in various non-fluid items, powdered or granular items due to their flexibility. Because of the flexibility of spout pouches these items occupy less space. Whereas, hard and inelastic packaging choices like containers, and jars that are used for packing liquids consume lot of space on the racks. Moreover, spout pouches are designed in such a way that they are less breakable and are much lighter in weight in comparison to other rigid packaging options such as glass jars, plastic bottles and others.
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MARKET DYNAMICS
Prominent factors affecting the global spout pouch market during the forecast period include:
Drivers
Rise in demand for safer packaging solution
Spout pouches allow flexible packaging choices to both liquid and non-liquid items. It is a more secure packaging solution as it makes the transportation of fluid items simpler and mess free in comparison with plastic containers or glass bottles. There are many fluids packaging options available in the market such as sachets, and stand-up pouches which are more durable, flexible, and adaptable for the packaging of fluid items. Additionally, the developing concern for cleanliness and hygiene among population because of increasing COVID-19, has further increased the demand of packed sanitizer globally. Liquid sanitizers are available in different sizes and consistencies which are stored in these spout pouches.
Increasing adoption in food, beverage and pharma sector
Increase in economic growth, along with wellbeing concerns, and stringent environmental protection rules regarding usage of plastics have further accelerated the use of spout pouches. Spout pouches find high usage in food and beverage and pharma sector and present lucrative growth opportunity as well as these are cost effective and easily to handle. Many popular brands such as Logos Pack, Packman industries, and Color flex are making advertisements regarding customization of theses pouches to make customers aware of the brand. Adoption of spout pouches is rising across various industries in terms of packaging and transportation such as food & beverage, paints, pharmaceutical, automotive, and cosmetics among others, creating ample growth spaces for the spout pouch manufacturers
Restraints
Recycling and environmental concern of spout pouches
Spout pouches are currently seen as a practical and harmless packaging solution to the ecosystem in comparison to other rigid plastic containers, such as plastics tubs and tins. Spout pouches are also economical than various conventional food packaging options as they can empty up to 99.5% of the item, thus resulting in less food wastage. Moreover, competitors in the market are continuously trying to improve their recycling capabilities in order to provide more sustainable solutions.
Market Segmentation
By Product
In terms of product, the beverages segment holds the maximum market share in 2021 and is supposed to register a CAGR of 7.6% during the forecast period 2022-2030. Safe delivery of goods to merchants and eventually to customers are one of the biggest worries for manufacturers of liquid products. Spout pouches overcomes the problem of leakage as it provides tight resistance and are easy to handle during transportation. Moreover, the energy drink segment is supposed to grow at the highest CAGR of 8.5% over the forecast period as they are great for liquid products since they give durable, easy to use and lower shipping cost to both producers and consumers.
By Component
In terms of component, the cap segment is holding 44% of the share in spout pouch market in 2021, valued at around US$ 9,644.4 million. It is also anticipated to register a highest CAGR of 7.6% during the forecast period. Caps are being used broadly across various industries since these allows the users to re-cap the item whenever they feel like. It gives items a smooth, simple to-open setting while ensuring the product safety at the same time. Furthermore, around 28% of the market share was held by films in 2021. Different sorts of films are being utilized for spout packaging including plastic, metallized film, aluminum foil cover and others. The use of films in spout packaging is increasing across various industries because of its durability, lightweight, safety and recyclable properties.
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By Pouch Size
On basis of pouch size, the pouches with a limit of less than 200 ml headed the market, with a revenue of US$ 9,232.9 million in 2021. These little pouches are easy to handle, require less manpower and space during transportation. Opening the standard ketchup packets can be problematic sometimes, whereas spout pouches are easy to utilize as these basically require opening the cap and press or spill the liquid product out. Moreover, the material required to make a good packaging pouch is less than other conventional options, which is further driving the spout pouches market growth. Furthermore, less than 200 ml capacity pouches are more economical and environment friendly since they require less energy and manpower to produce and can be moved in large number of units per truck.
By Material
In terms of the material, the plastic segment represents most of the market share in 2021. Plastic pouches are more durable, easier to carry and gives superb neatness and toughness to the product, thus creating a special opportunity for businesses to grow. Plastic pouches are likewise very light and simple to store or move, particularly when compared with other packaging options such as jars and bottles. Whereas the aluminum segment is expected to see highest growth compared to other materials recording a CAGR of 8.2% over the forecast period. As a result of their excellent barrier capacities, aluminum pouches are great for protecting items from moisture as well as outer impacts like oxygen and light. Furthermore, the lightweight elements of these pouches also decreases the carbon footprint during travel, which is beneficial for the environment. On the other hand, the aluminum spout pouches are anti-leak and gives a great moisture barrier against light beams, thus permitting food products to have more durability.
By Closure Type
On basis of closure type, the screw segment is dominating the spout pouch market. Whereas, flip top and corner mounted spouts segment together are holding 39% of market share in 2021. The advantage of these screw is that it does not spill out the product until and unless someone opens the pouch itself. Moreover, spout pouches provide the consumers more freedom over how much item should be dispensed from the pouch, permitting them to utilize just the specific measure of quantity required.
By End User
In terms of end user, the food and beverages segment held highest share in the spout pouch market in 2021 owing to the rising demand for smaller and lightweight packaging solutions. The food & beverages segment dominated the market in 2021, holding a revenue of US$ 8,832.3 Million. Food and beverages manufacturers prefer these pouches because of their resource efficiency over other alternatives such as tubs and jugs. Manufacturers can use various customization prospects according to their needs in order to give their product best quality materials, durability and accessibility.
By Region
By region, Asia Pacific spout pouch market is analyzed to grow at the highest compound annual growth rate of 8.1% from 2022 to 2030. Spout pouch packaging ensures cost savings and minimizes food wastage along with stylish appearance. The demand for these pouches is rising from countries such as India and China, which significantly contribute to the expansion of Asia Pacific market. The growth rate of India is estimated to be 8.8% during the forecast period. Moreover, North America is the second highest market for spout pouches after Asia Pacific owing to increasing innovations by manufacturers in material applications for spout pouches.
Competitive Insight
The aggregate share of the 14 major players in spout pouch market is close to 30%. The players in spout pouch market are extremely serious to expand their presence in the global marketplace. Major players active in the market includes Berry Plastic Corporation, Amcor Ltd., Mondi Group, and The DOW Chemical Company. Other players analyzed in the report includes prominent names such as Coating Excellence International, HOD Packaging and enterprises Ltd., Glenroy Inc., Essentra PLC, Printpack Inc., Smurfit Kappa Group, Bemis Company, ProAmpac, Color Flex, Bischof & Klein GmbH & Co., The DOW Chemical Company, Sonoco Products Company, Winpak Ltd., and Logos Pack & Sealed Air Corp.
Market Segmentation Brief
Global Spout Pouch market is segmented based on product, component, pouch size, material, closure type, end user and region. The global spout pouch market is sub-divide into various categories, such as-
By Product:
By Component:
By Pouch Size
By Material:
By Closure Type:
By End user:
By Region:
Report Attribute | Details |
---|---|
Market Size Value in 2021 | US$ 21,784.2 Mn |
Expected Revenue in 2030 | US$ 40,266.7 Mn |
Historic Data | 2017-2020 |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Unit | Value (USD Mn) |
CAGR | 7.3% |
Segments covered | By product, component, pouch size, material, closure type, end-user, and region |
Key Companies | Amcor Ltd., Sonoco Products Company, Mondi Group, ProAmpac, and other prominent players. |
Customization Scope | Get your customized report as per your preference. Ask for customization |
Spout pouches are used for various purposes such as to wrap liquid and non-Liquid substances. The corner spout pouch can hold liquids, beverages, beverages, wine, juices, honey, and others. Furthermore, many non-liquid products, powder or granular products can also be stored in spout pouches.
Due to flexible packaging solutions in spout pouches, products take up less space during dispensing. Therefore, eliminating the empty air occupied by a rigid package. Also, spout pouches are high in transparency which can provide a clear product viewing.
The use of spout pouches presents cost effective, easier to produce and available opportunity for pharmaceutical and food & beverage sector that prefer wide use of spout pouches.
Plastic packaging for spout pouches is hazardous to environment as they lead to increased waste, landfills, marine pollution leading to death of aquatic animals.
Alcoholic beverages, hygiene products, energy drinks, pharmaceutical products, sauces, liquid soaps are among the most preferred products sold in spout pouches.
The pandemic increased health consciousness among population, growing concern for hygiene due to growing COVID-19, which led to increased adoption of sanitizer packed in Spout pouches of different varieties and sizes across many distribution channels round the globe.
The key players are Amcor Ltd., Sonoco Products Company, Mondi Group, ProAmpac, Smurfit Kappa Group, Bischof & Klein GmbH & Co. KG, Bemis Company, Glenroy Inc., Printpack Inc., Coating Excellence International, Color Flex, Winpak Ltd. and Logos Pack and Sealed Air Corp. among others.
The Global Spout Pouch Market is projected to grow at a CAGR of 7.28% during the forecast period 2022-2030.
The Global Spout Pouch Market is segmented based on product, component, pouch size, material, closure type, end user and region.
In product segment of spout pouch market, beverages hold the maximum market share of 40.5% in 2021 and is expected to grow at a CAGR of 7.55% during the forecast period 2022-2030.
In 2021, pouches with a capacity of less than 200 ml dominated the market, with a revenue of US$ 9,232.9 Mn. These little packages are convenient to carry and can be used on the go.
Aluminum spout pouches are expected to increase at the highest compound annual rate of 8.22% over the projection period as they are anti-leaking and provide an excellent moisture barrier.
Asia Pacific holds the highest market share of 42.8% in 2021. The rising demand for stand-up pouches from highly populous nations such as India and China can be ascribed to the market's expansion in the Asia Pacific region.
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