openPR Logo
Press release

Spout Containers Market Expected to Expand at a Steady CAGR through 2027

07-18-2017 08:28 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Spout Containers Market Expected to Expand at a Steady CAGR

Rigid containers are used for packaging across wide variety of industries like food and beverages, healthcare, cosmetics and other consumer goods as well as a wide range of industries. Spout containers are a specific type of containers which are mainly designed for packaging of liquid and compressed gas substances but also used for storage of semiliquid and semisolid substances. These containers are generally used for packaging of chemicals, compressed gases like natural gas and gasoline, fuels like petrol, diesel etc. As the concern of individual consumer and environment safety is growing worldwide, packaging industries are using advanced packaging technologies such as spout containers. These containers with leakage proof and secure features have the advantage of dispensing of substances easily and efficiently.Spout containers are made up of materials like metal, glass, plastic or paper. These containers have key features such as high durability, tamper proof and reliability.

Spout Containers: Market Dynamics

Growing automobile, explosives and energy market stimulates the need for high safety spout containers. Some of the developed and developing counties around the world have strict regulations on packaging hazardous substances such as chemicals, fuels including petrol, diesel, natural gas, gasoline and others. These more sophisticated features demand high technology cost as part of manufacturing cost, but as the demand is growing worldwide mass production takes care of this cost.The other favorable factor is the availability of recycling technology, which helps in cutting raw material cost which we estimate to be around 45% of the manufacturing cost. Growing concerns pertaining to health, hygiene, transportation and safety is resulting into steady demand for spout containers. Spout container prices are fluctuating due to the variations in foreign exchange rate, raw material prices, and high technology costs. New entrants and substitute products and increased competition are threats for the growth of some manufactures located in regions with high labor and production coasts. As the overall spout containers market is growing with high demand, there is a requirement for advanced, safe and efficient packaging design technologies. Many next generation companies are entering into packaging design solutions and services to enhance safety and efficiency. Key players in spout containers market leverage the advantage of change in packaging design technology space.

Ask For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-4300

Spout Containers: Market Segmentation

The spout containers market is segmented on the basis of material, application and packaging design technology. On the basis of material type, the global spout container market is segmented into plastic (polyester, polyvinyl, polycarbonate, and polypropylene), metal, glass and others. On the basis of application, the global spouts containers market is segmented into food & beverages, pharmaceuticals, homecare, personal care and cosmetics, fuel and others. Demand for spout containers from application segments such as food and beverage, fuel, chemicals & gas is anticipated to offer lucrative opportunities to the global spouts containers market. The food and beverage segment in the global spout containers market is further sub-segmented into frozen food, snacks, dairy products, bakery & confectionary, microwaveable food products, others and beverages. The fuel, chemicals and gas packaging segment in the global spout containers market is further sub-segmented into hazardous substances and nonhazardous substances. On the basis of packaging design technology, the global spout containers market is segmented into premium and non-premium spout containers.

Ask For Table of Content@ http://www.futuremarketinsights.com/toc/rep-gb-4300

Spout Containers Market: Regional outlook

Spout Containers market has been segmented on the basis of region into North America, Latin America Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. APEJ and Japan are collectively expected to represent higher demand for spout containers. The reason for this is recent change in region wise energy consumption trends.

Changing lifestyle, changing food habits, increased per capita income of consumers in APEJ is driving the demand for spout containers. Manufacturers are exploring innovative options to make the spout containers look more reliable and attractive and positively impact the sales of spout containers in APEJ region. Latin America and Middle East & Africa are expected to witness sluggish growth and over the forecast period.

Spout Containers Market: Key players

Some of the players in the global spout containers market are Midwest Can Company & Container Specialties Inc., Sun Packaging Systems, Rieke Packaging Systems, Greiner Packaging International GmbH, Eagle Manufacturing Company, Bago Cans Pvt. Ltd.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Spout Containers Market Expected to Expand at a Steady CAGR through 2027 here

News-ID: 628700 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Spout

Spout & Non-Spout Liquid Pouch Packaging Market Aims to Expand at Double-Digit G …
Spout & Non-Spout Liquid Pouch Packaging market research aims at providing fair idea about position of your business in the competitive market by using primary as well as secondary research methods. It focuses on pointing out problem areas of the business and provides best tips to work on these problem areas. It guides to expand the business in different areas by enabling to increase the customer base. With the help
Spout & Non-Spout Liquid Pouch Packaging Market Value Projected to Expand by 202 …
This Spout & Non-Spout Liquid Pouch Packaging market report's aim is to provide data on market forecasts, channel features, end-user market, key pricing structure, and several regions. Aside from that, it addresses key business areas, key companies, their profiles, and investment opportunities in the market. The market is projected to grow by a significant amount between 2021 and 2027, according to the forecast. This Spout & Non-Spout Liquid Pouch Packaging
Spout and Non-Spout Liquid Pouch Packaging Market Size, Share 2020, Impressive I …
The global spout and non-spout liquid pouch packaging market growth is driven by increasing demand in food and beverage, personal care, home care, industrial and pharmaceutical applications. In addition, the market demand is on the rise as the demand for ready-to-eat foods increases due to busy schedules and changing consumer preferences for appropriate packaging options. In addition, the changing importance of decorative and stand-up packages in the retail industry is
How are evolving eating habits of people driving spout & non-spout liquid pouch …
Growing consumer inclination towards convenient packaging due to change in lifestyle is the primary factor driving global spout & non-spout liquid pouch packaging market trends. Spout & non-spout liquid pouch packaging offers several benefits such as lower manufacturing costs, extended shelf life, enhanced supply chain effectiveness, greater consumer appeal, light-weight and augmented sales. Rise in disposable income, healthy food consumption along with consumer inclination towards convenient packaging is supporting product proliferation.
Spout and Non-Spout Liquid Pouch Packaging Market 2020: Sonoco, Ampac, Smurfit K …
Global Spout and Non-Spout Liquid Pouch Packaging Market report provides in-depth information about Industry overview, top vendors, Key market highlights, drivers, challenges, trends, industry landscape, size and forecast. According to new research report, Spout and Non-Spout Liquid Pouch Packaging Market size was estimated at USD 6 billion in 2017 and is projected to surpass USD 10 billion by the year 2024. Request sample copy of this research report @ https://www.decresearch.com/request-sample/detail/2832 Spout liquid pouch
Spout and Non-Spout Liquid Pouch Packaging Market : Here are some key insights i …
According to a new report published by Allied Market Research, titled, "Spout and Non-Spout Liquid Pouch Packaging Market by Type (Spout and Non-Spout), By Size (100 ml, 200 ml, 350 ml, 500 ml, 750 ml, and 1 liter), and Application (Food & Beverages, Home Care, Personal Care, Industrial, and Pharmaceuticals): Global Opportunity Analysis and Industry Forecast, 2019-2026". The report has offered an all-inclusive analysis of the global Spout and non-spout