According to the latest market research study, the global spout pouch market is expected to grow at a CAGR of close to 10% during the forecast period 2016 to 2020.
This report by Technavio provides an in-depth analysis of the global spout pouch market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on end-user
|
END-USER |
MARKET SHARE 2015 (%) |
|
Food and Beverage Industry |
52% |
|
Liquid Soaps and Detergents |
28% |
|
Oil and Lubricants |
20% |
Source: Technavio
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Global spout pouch market in food and beverage industry: The increasing demand for flexible packaging in the baby food sector is driving the growth in this market segment. Spout pouches have applications in the beverage industry for packaging alcoholic drinks, dairy products, fruit juices, carbonated soft drinks, and energy drinks. These spout pouches are a lightweight alternative to various other packaging solutions.
“The spout pouch market will benefit from the use of sustainable packaging products by various end-users. The growing awareness of the environmental hazards caused by plastics is boosting the demand for sustainable packaging formats,” says Sharan Raj, a lead analyst at Technavio for research on the packaging.
Global spout pouch market in liquid soaps and detergents industry: The popularity of various spout pouches for packaging of liquids such as liquid bathing soaps, gels, hand soaps, detergents, and sanitizers will fuel the demand in the market. The vendors in the market are using special packaging materials such as polyethylene and lower density polyethylene that prevent spoilage by protecting the contents from environmental factors.
Global spout pouch market in oil and lubricants industry: The use of spout pouches in the oil and lubricant industry offer leak-proof packaging with increased portability, resulting in the growth of this market segment. These packages provide premium protection during transportation, shipping, and storage of these products. In addition, Technavio researchers estimate that the demand for spout pouches with capacities of 5ml, 10ml, and 20ml will grow during the forecast period.
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The top vendors operating in the global spout pouch market are:
- Amcor
- Bemis
- Mondi
- Sonoco
A more detailed analysis is available in the Technavio report titled, ‘Global Spout Pouch Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global High-Barrier Pouches Market 2016-2020
- Global Flat Pouches Market 2016-2020
- Global Stand-up Pouches Market 2016-2020
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