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Spouted Pouches Market Size, Share, Growth, Trends, Demand, Insights, Outlook by 2033
Spouted Pouches Market Size
As per the report, 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 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%.
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Increasing Demand For On-The-Go Food And Beverage Products Fueled The Spouted Pouch Market
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.
Innovative Advancements In Spouted Pouch Technology
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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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
Contents of the report:
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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