Global Spout Pouch Market 2016-2020

Overview of the global spout pouch market

The global spout pouch market is anticipated to grow at a steady rate and will post a CAGR of close to 10% during the forecast period. Increasing sales due to attractive packaging will drive the growth prospects for the global spout pouch market until the end of 2020. A product's aesthetic appeal is determined by its packaging, labeling, and graphic designs that add cosmetic value to these consumer products. Also, manufacturers of food products and other packaged consumer products are increasingly focusing on factors such as convenience, ease of use, and visually appealing packaging solutions to increase their sales in the market. These manufacturers invest heavily in building their brand images by differentiating their products from those of their competitors to attract new customers and boost sales. Moreover, with the growing emerging markets such as Asia, the Middle East, Africa, Central and South America, and Eastern Europe, the amount of spending by the consumers increases. This increase in the spending spurs the demand for attractive packaging solutions such as pouches. Furthermore, with the growing demand for attractive packaging solutions, the vendors are increasingly investing in research and development to increase their production efficiencies for such pouches.

The increasing adoption of high-speed filling machines will drive the growth prospects for the global spout pouch market during the forecasted period. The pouch filling machines are equipment used to manufacture pouches in various forms. These pouch filling machines come in various types such as fill and seal machines and form-fill-seal machines. Furthermore, it has been estimated that high-speed machines will be launched in the market over the next ten years, which will augment this market’s growth prospects over the next few years.

Competitive landscape and key vendors

The global spout pouch market is highly fragmented and competitive due to the presence of a large number of local and international vendors. These vendors compete against each other based on factors such as product differentiation and pricing. Also, these players are increasingly focusing on expanding their geographical reach and realigning their product offerings to reduce operational costs, remain competitive, and strengthening their financial position. Furthermore, to expand their product portfolios and geographical footprint, these vendors prefer strategic acquisitions.

Key vendors in this market are -

• Amcor
• Bemis
• Mondi
• Sonoco

Segmentation by end-user industry and analysis of the spout pouch market

• Food and beverage
• Liquid soaps and detergents
• Oil and lubricants

The food and beverage industry segment accounted for the maximum market share during 2015 and will continue to dominate the market for the next few years. One of the major factors responsible for the market segment’s growth includes increasing preference for spout pouches as they provide convenience of usage, transportation, and increased shelf life.

Segmentation by geography and analysis of the spout pouch market

• APAC
• Europe
• North America
• ROW

In terms of geography, APAC accounted for the maximum market share during 2015 and will continue to dominate the market in the forthcoming years. Some of the major factors responsible for the market’s growth is the increasing population and growing consumption of ready-to-eat food in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global spout pouch market?
• What are the key market trends impacting the growth of the global spout pouch market?
• What are the challenges to market growth?
• Who are the key vendors in the global spout pouch market?
• What are the market opportunities and threats faced by the vendors in the global spout pouch market?
• What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
• What are the key outcomes of the five forces analysis of the global spout pouch market?

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