The spout packaging market size has grown strongly in recent years. It will grow from $24.47 billion in 2023 to $25.31 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth observed in the historical period can be attributed to several factors, including rising sales of packaged food products, greater adoption of spout pouches as a convenient packaging solution, expansion in the food and beverage industry, increasing demand for beverages and cleaning products, and growth in healthcare-related products within the food and beverage sectors.
The spout packaging market size is expected to see strong growth in the next few years. It will grow to $34.59 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The increase expected during the forecast period is driven by the growing adoption of spout pouches, increasing preference for single-serve and compact packaging, accelerated urbanization leading to greater demand for ready-to-eat foods and packaging, and rising popularity of flexible packaging. Key trends anticipated in the forecast period encompass advancements in technology, innovations in products and packaging technologies, the development of eco-friendly materials, and the creation of more efficient designs.
The increasing demand within the food and beverage industry is expected to drive the growth of the spout packaging market in the future. This industry encompasses activities ranging from food and drink production to distribution and sales. The rising global population and evolving consumer preferences towards healthier and more convenient food choices are key factors boosting this demand. Spout packaging plays a crucial role in the food and beverage sector by enhancing convenience, maintaining product freshness, and facilitating efficient storage and transport of liquid products. For example, in October 2023, the Government of Canada reported that in 2022, the export value of processed food and beverage products reached a record high of $54.3 billion, reflecting a 14.1% increase from the previous year and accounting for 34.7% of total production value. Thus, the expanding demand within the food and beverage industry is a significant driver behind the growth of the spout packaging market.
Leading companies in the spout packaging market are focusing on developing innovative recyclable spouted pouches to meet the growing consumer demand for sustainable packaging solutions. These pouches are typically made from materials such as polyethylene or polypropylene, which can be recycled after use, aligning with consumer preferences for environmentally friendly packaging. For example, in January 2023, Mespack, a Spain-based manufacturer of film packaging equipment, partnered with Hoffer Plastics Corporation, a US-based company specializing in plastics and injection molding, to introduce a new P-15 spout and cap closure made from monolayer material. This innovation reduces plastic usage by 20% compared to previous models and is compatible with mono-layer materials, which are more recyclable than multi-layer or mixed-material products. The redesigned P-15 closure is 46% lighter than its predecessor, emphasizing sustainability without compromising quality or functionality. This development represents a significant advancement towards fostering a circular economy through more sustainable and recyclable packaging solutions in the spout packaging market.
In February 2022, Sealed Air Corporation, a US-based packaging company, completed the acquisition of Foxpak Flexible Ltd., an Ireland-based manufacturer of packaging solutions, including spout packaging. The acquisition, valued at an undisclosed amount, is part of Sealed Air's strategy to bolster its portfolio of innovative packaging solutions, particularly in sustainable packaging technologies. By acquiring Foxpak Flexible Ltd., Sealed Air aims to strengthen its presence in the European market and capitalize on Foxpak's expertise in developing sustainable packaging solutions.
Major companies operating in the spout packaging market are The DOW Chemical Company, Amcor plc, Smurfit Kappa Group, Mondi plc, Sonoco Products Company, Evergreen Packaging, Sealed Air Corporation, Huhtamaki Group, Uflex Ltd., Constantia Flexibles Group GmbH, Winpak Ltd., ProAmpac Holdings Inc., Scholle IPN Corporation, Guala Pack S.p.A., Glenroy Inc, Bischof and Klein GmbH and Co. KG, Pouch Brand Sysco Industries Limited, Clifton Packaging Group Limited, Logos Packaging Holdings Ltd., AlliedFlex Technologies Inc., Impak Corporation, Foster International Packaging (Pty) Ltd., TedPack Company Limited, HPM Global Inc., Color Flex.
Europe was the largest region in the spout packaging market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the spout packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the spout packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Spout packaging is a type of flexible packaging that incorporates an integrated spout, facilitating easy dispensing of liquids or semi-liquids. This packaging format is widely utilized to enhance convenience and minimize mess during product dispensing for consumers. Its primary objective is to optimize functionality and user experience by providing effortless pouring or dispensing capabilities while ensuring product freshness and preventing spills.
The key components of spout packaging include caps and film. Spout packaging caps are specialized closures used primarily in flexible packaging such as pouches and bags. These closures encompass various types such as screw caps and flip-top caps, fabricated from materials such as plastic, aluminum, paper, among others. Spout packaging comes in various sizes ranging from less than 200 mL to over 1,000 mL, tailored for diverse applications across sectors including food and beverages, cosmetics and personal care, automotive, pharmaceuticals, paints, soaps and detergents, and others.
The spout packaging market research report is one of a series of new reports that provides spout packaging market statistics, including spout packaging industry global market size, regional shares, competitors with a spout packaging market share, detailed spout packaging market segments, market trends and opportunities, and any further data you may need to thrive in the spout packaging industry. This spout packaging market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The spout packaging market consists of sales of products, including spouted pouches, fitment pouches, bag-in-box spouts, bottle spouts, and spouted flexible tubes. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The spout packaging market size is expected to see strong growth in the next few years. It will grow to $34.59 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The increase expected during the forecast period is driven by the growing adoption of spout pouches, increasing preference for single-serve and compact packaging, accelerated urbanization leading to greater demand for ready-to-eat foods and packaging, and rising popularity of flexible packaging. Key trends anticipated in the forecast period encompass advancements in technology, innovations in products and packaging technologies, the development of eco-friendly materials, and the creation of more efficient designs.
The increasing demand within the food and beverage industry is expected to drive the growth of the spout packaging market in the future. This industry encompasses activities ranging from food and drink production to distribution and sales. The rising global population and evolving consumer preferences towards healthier and more convenient food choices are key factors boosting this demand. Spout packaging plays a crucial role in the food and beverage sector by enhancing convenience, maintaining product freshness, and facilitating efficient storage and transport of liquid products. For example, in October 2023, the Government of Canada reported that in 2022, the export value of processed food and beverage products reached a record high of $54.3 billion, reflecting a 14.1% increase from the previous year and accounting for 34.7% of total production value. Thus, the expanding demand within the food and beverage industry is a significant driver behind the growth of the spout packaging market.
Leading companies in the spout packaging market are focusing on developing innovative recyclable spouted pouches to meet the growing consumer demand for sustainable packaging solutions. These pouches are typically made from materials such as polyethylene or polypropylene, which can be recycled after use, aligning with consumer preferences for environmentally friendly packaging. For example, in January 2023, Mespack, a Spain-based manufacturer of film packaging equipment, partnered with Hoffer Plastics Corporation, a US-based company specializing in plastics and injection molding, to introduce a new P-15 spout and cap closure made from monolayer material. This innovation reduces plastic usage by 20% compared to previous models and is compatible with mono-layer materials, which are more recyclable than multi-layer or mixed-material products. The redesigned P-15 closure is 46% lighter than its predecessor, emphasizing sustainability without compromising quality or functionality. This development represents a significant advancement towards fostering a circular economy through more sustainable and recyclable packaging solutions in the spout packaging market.
In February 2022, Sealed Air Corporation, a US-based packaging company, completed the acquisition of Foxpak Flexible Ltd., an Ireland-based manufacturer of packaging solutions, including spout packaging. The acquisition, valued at an undisclosed amount, is part of Sealed Air's strategy to bolster its portfolio of innovative packaging solutions, particularly in sustainable packaging technologies. By acquiring Foxpak Flexible Ltd., Sealed Air aims to strengthen its presence in the European market and capitalize on Foxpak's expertise in developing sustainable packaging solutions.
Major companies operating in the spout packaging market are The DOW Chemical Company, Amcor plc, Smurfit Kappa Group, Mondi plc, Sonoco Products Company, Evergreen Packaging, Sealed Air Corporation, Huhtamaki Group, Uflex Ltd., Constantia Flexibles Group GmbH, Winpak Ltd., ProAmpac Holdings Inc., Scholle IPN Corporation, Guala Pack S.p.A., Glenroy Inc, Bischof and Klein GmbH and Co. KG, Pouch Brand Sysco Industries Limited, Clifton Packaging Group Limited, Logos Packaging Holdings Ltd., AlliedFlex Technologies Inc., Impak Corporation, Foster International Packaging (Pty) Ltd., TedPack Company Limited, HPM Global Inc., Color Flex.
Europe was the largest region in the spout packaging market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the spout packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the spout packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Spout packaging is a type of flexible packaging that incorporates an integrated spout, facilitating easy dispensing of liquids or semi-liquids. This packaging format is widely utilized to enhance convenience and minimize mess during product dispensing for consumers. Its primary objective is to optimize functionality and user experience by providing effortless pouring or dispensing capabilities while ensuring product freshness and preventing spills.
The key components of spout packaging include caps and film. Spout packaging caps are specialized closures used primarily in flexible packaging such as pouches and bags. These closures encompass various types such as screw caps and flip-top caps, fabricated from materials such as plastic, aluminum, paper, among others. Spout packaging comes in various sizes ranging from less than 200 mL to over 1,000 mL, tailored for diverse applications across sectors including food and beverages, cosmetics and personal care, automotive, pharmaceuticals, paints, soaps and detergents, and others.
The spout packaging market research report is one of a series of new reports that provides spout packaging market statistics, including spout packaging industry global market size, regional shares, competitors with a spout packaging market share, detailed spout packaging market segments, market trends and opportunities, and any further data you may need to thrive in the spout packaging industry. This spout packaging market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The spout packaging market consists of sales of products, including spouted pouches, fitment pouches, bag-in-box spouts, bottle spouts, and spouted flexible tubes. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Spout Packaging Market Characteristics3. Spout Packaging Market Trends and Strategies200 to 500 ML32. Global Spout Packaging Market Competitive Benchmarking33. Global Spout Packaging Market Competitive Dashboard34. Key Mergers and Acquisitions in the Spout Packaging Market
4. Spout Packaging Market - Macro Economic Scenario
5. Global Spout Packaging Market Size and Growth
6. Spout Packaging Market Segmentation
500 to 1,000 ML
7. Spout Packaging Market Regional and Country Analysis
8. Asia-Pacific Spout Packaging Market
9. China Spout Packaging Market
10. India Spout Packaging Market
11. Japan Spout Packaging Market
12. Australia Spout Packaging Market
13. Indonesia Spout Packaging Market
14. South Korea Spout Packaging Market
15. Western Europe Spout Packaging Market
16. UK Spout Packaging Market
17. Germany Spout Packaging Market
18. France Spout Packaging Market
19. Italy Spout Packaging Market
20. Spain Spout Packaging Market
21. Eastern Europe Spout Packaging Market
22. Russia Spout Packaging Market
23. North America Spout Packaging Market
24. USA Spout Packaging Market
25. Canada Spout Packaging Market
26. South America Spout Packaging Market
27. Brazil Spout Packaging Market
28. Middle East Spout Packaging Market
29. Africa Spout Packaging Market
30. Spout Packaging Market Competitive Landscape and Company Profiles
31. Spout Packaging Market Other Major and Innovative Companies
35. Spout Packaging Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Spout Packaging Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on spout packaging market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
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- Understand customers based on the latest market shares.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for spout packaging? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The spout packaging market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Component: Caps; Film2) By Closure Type: Screw Cap; Flip Top Cap
3) By Material: Plastic; Aluminum; Paper; Other Materials
4) By Pouch Size: Less Than 200 ML; 200 To 500 ML; 500 To 1,000 ML; More Than 1,000 ML
5) By End User: Food And Beverages; Cosmetics And Personal Care; Automotive; Pharmaceutical; Paints; Soaps And Detergents; Other End Users
Key Companies Mentioned: The DOW Chemical Company; Amcor plc; Smurfit Kappa Group; Mondi plc; Sonoco Products Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- The DOW Chemical Company
- Amcor plc
- Smurfit Kappa Group
- Mondi plc
- Sonoco Products Company
- Evergreen Packaging
- Sealed Air Corporation
- Huhtamaki Group
- Uflex Ltd.
- Constantia Flexibles Group GmbH
- Winpak Ltd.
- ProAmpac Holdings Inc.
- Scholle IPN Corporation
- Guala Pack S.p.A.
- Glenroy Inc
- Bischof and Klein GmbH and Co. KG
- Pouch Brand Sysco Industries Limited
- Clifton Packaging Group Limited
- Logos Packaging Holdings Ltd.
- AlliedFlex Technologies Inc.
- Impak Corporation
- Foster International Packaging (Pty) Ltd.
- TedPack Company Limited
- HPM Global Inc.
- Color Flex
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 25.31 Billion |
Forecasted Market Value ( USD | $ 34.59 Billion |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |