Spout & Non-Spout Liquid Pouch Packaging Market Size
The Global Spout and Non-Spout Liquid Pouch Packaging Market was worth more than $6 billion in 2017 and is expected to grow at a rate of more than 7.5% each year until 2024. The product market will rise because of strong demand in the food and drink, personal care, home care, industrial, and pharmaceutical sectors.
The demand for the product is growing because people want more convenient packaging and living standards are getting better. The industry's expansion will be helped by the growing demand for ready-to-eat foods because people are busy.
The business will increase since more people are becoming aware of their health and are focusing on fluid diets and drinks. For example, the Tetra Pak research says that the global market for 100% fruit juice was worth more than 15 billion liters in 2018. Changes in the importance of ornamental and stand-up packages in the retail business will drive the market for spout and non-spout liquid pouch packaging.
The main features that are driving the product's penetration are its increased flexibility, light weight, and ease of carrying. Non-spout liquid pouch packaging uses less raw materials and produces less waste during production. It also takes up less space during transportation, which means less fuel use and pollution. The spout and non-spout liquid pouch packaging market share will grow because of the high demand for polymer as a raw material and its easy availability.
Technological progress and new products, especially baby food that is more flexible and resistant to punctures, have made the product more popular. Re-sealable caps, tubes, and pout valves are examples of advanced fitments that make it easier to eat. Also, things like how easy it is to throw away, how long it lasts, and how cheap it is will help the size of the spout and non-spout liquid pouch packaging market.
| Report Attribute | Details |
|---|---|
| Base Year | 2017 |
| Spout & Non-Spout Liquid Pouch Packaging Market Size in 2017 | 6 Billion (USD) |
| Forecast Period | 2018 to 2024 |
| Forecast Period 2018 to 2024 CAGR | 7.5% |
| 2024 Value Projection | 10 Billion (USD) |
| Historical Data for | 2013 to 2017 |
| No. of Pages | 500 |
| Tables, Charts & Figures | 642 |
| Segments covered | Type, Application, Size, Laminates and Region |
More money spent on research and development to come up with better designs and make products more useful can speed up the process of making new products. The changing prices of polymers because to unstable petrochemical pricing is one of the main things that affects the trend in product prices. But strict government rules over how much polymer may be used may slow the growth of the industry.
Spout & Non-Spout Liquid Pouch Packaging Market Analysis
The market for spout liquid pouch packaging will grow by more than 8% in terms of value by 2024. Recent improvements in pouring valves that make sure the best cleanliness, safety, and waste reduction have helped the product become more popular. The spout and non-spout liquid pouch packaging market will have a lot of demand since food and drink and industrial uses are easy to use and close.
More than half of the spout and non-spout liquid pouch packaging market in 2017 was for food and drinks. The sector will grow because food applications such juices, dairy goods, drinks, wine and spirits, and water will have a better shelf life and be protected from pollutants. The application scope will grow as people become more concerned about sanitation and eat more ready-to-eat meals.
From 2018 to 2024, the market for personal care application in spout liquid pouch packaging is expected to expand by more than 7%. One of the main reasons for the industry's growth is the growing demand for anti-aging skin care products among adults and older people. Also, the rise in desire for new in-store shopping experiences, especially among women, will help the spout and non-spout liquid pouch packaging market grow even more.
The market for non-spout liquid pouch packaging in capacities exceeding 200ml will be worth more than $2.5 billion by 2024. The segment demand is going up because more people want tiny packages and because FMCG companies are smart about how many items they pack. The growing number of millennials, together with the rapid growth of cities and busy schedules, are some of the main things that are driving demand for spout and non-spout liquid pouch packaging.
The market for 750ml size spout liquid pouch packaging will grow at a rate of more than 8% per year in terms of revenue until 2024. People are more likely to buy things that are worth the money, have enough information, and are easy to use. This will help the business grow. The development of multi-layer polymers and progress in material science have led to more demand for larger quantities of the product.
In 2017, the four-layer category brought in more than $1.5 billion. Four-layer laminates are more flexible and have many useful features, such as being a great barrier, sealing better to prevent leaks and machine losses, being puncture-resistant for safer shipments, and being cost-effective. Also, qualities like being microwave-safe for food, being a high-quality barrier against light and moisture, and being easy to use for frozen applications will drive up sales in the spout and non-spout liquid pouch packaging industry.
Three-layer spout & non-spout liquid pouch packaging market is anticipated to register over 350 kilotons by 2024. Superior gas barrier, enhanced moisture proof & vapor isolation along with effective bacteria resistance properties will stimulate the business expansion. Moreover, improved transparency and glossy appearance provides positive outlook for product scope in consumer goods and pharmaceutical applications.
Asia Pacific is anticipated to witness CAGR over 6% from 2018 to 2024. Rising flexible package demand from food & beverages industry in developing countries including China, India, Thailand and Indonesia will stimulate the product demand. Growth in household care industry due to changing lifestyles and increased hygiene awareness has enhanced the product demand.
Europe market was valued over USD 2 billion in 2017. Changing demographic and income trends influencing shift in trend towards packaged food and cosmetic products will drive the regional demand. Presence of notable packaging manufacturers along with innovations to improve convenience are among major factors fueling the spout & non-spout liquid pouch packaging market growth.
Spout & Non-Spout Liquid Pouch Packaging Market Share
Global spout & non-spout liquid pouch packaging industry is highly fragmented owing to presence of large number of unorganized small scale as well as large scale manufacturers. Companies with notable industry share include
- Sonoco
- Ampac
- Swiss Pac
- Impak
- Uflex
- Tetra Pak International
- Weyerhaeuser Company
- Smurfit Kappa
- Clondalkin Group
- Billerudkorsnas AB
- Cellpack
- Huhtamaki Oyj
- Dow Chemical
- Constantia Flexibles
The manufacturers are involved in product innovations, mergers & acquisitions and plant expansions to gain competitive share. For instance, in October 2017, Tetra Pak International acquired Big Drum Engineering GmbH, a leading filling machines supplier for the industry. The acquisition will strengthen the company’s product offering for ice-cream manufacturers.
Industry Background
The spout & non-spout liquid pouch packaging market has witnessed technological advancements to manufacture high quality packing products. Effective freshness preservation, protection against moisture and superior flexibility for fluid products has stimulated the industry share. Increasing number of research and development initiatives by several players will enhance product development. Presence of light aluminium & plastic layers providing longer preservation improves the product shelf life.
Global spout & non-spout liquid pouch packaging market report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments
By Type
- Spout
- Non-Spout
By Application
- Food & beverages
- Infant food, apple sauce, pudding, condiments, jelly, peanut butter, sauces
- Liquid products
- Viscous products
- Pasty products
- Industrial
- Lubricants
- Fluids
- Paint & coatings
- Personal care
- Liquid soap
- Shampoo
- Home care
- Liquid detergents and diluted bleach
- Softener
- Pharmaceutical
- Creams & gels
- Syrups
By Size
- 100 ml
- 200 ml
- 350 ml
- 500 ml
- 750 ml
- 1 litre
By Laminates
- Two layers
- Three layers
- Four layers
- Others
The above information is provided on a regional and country basis for the following
By Region
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Asia Pacific
- China
- India
- Japan
- South Korea
- Thailand
- Indonesia
- Malaysia
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
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