The Spout Pouches market is estimated to grow at a CAGR of 6.03% to reach a market size of US$4145.289 million in 2024 from US$2917.308 million in 2018.Spout pouch market is expected to increase owing to the increasing preference for flexible packaging which are portable, easy to use and light in weight. Increasing consumption of beverages and ketchups coupled with rising expenditure on food is anticipated to boost the market for spout pouches. Further growing retail market is anticipated to fuel the market growth for spout pouches. The major industries driving the market for spout pouches are food & beverage, pharmaceuticals, personal care and automotive among others. Asia-Pacific region is expected to be a prominent region owing to the increasing disposable income and increasing demand for beverage in Developing countries like India and China. North America and Europe are also expected to hold a si9gnificant market share in the spout pouch market during the forecast period.
Growing food & beverage industry.
Increasing preference for flexible packaging.
Stringent regulation on use of plastic.
The major players profiled in the spout pouch market include Amcor Limited, Berry Global Inc., Bemis Company Inc., Sonoco Products Company, ProAmpac LLC, Sealed Air Corporation, Tyler Packaging Ltd, Mondi Group, Glenroy Inc., Impak Corporation, Smurfit Kappa Group PLC, Foster Packaging International, Paras Printpack.
The spout pouch market has been analyzed through the following segments:
Food and Beverage
Middle East and Africa