Global Market Insights, Inc. has recently added a new report on spout & non-spout liquid pouch packaging market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of spout & non-spout liquid pouch packaging industry.
— North America on spout & non-spout liquid pouch packaging market is expected to capture more than 25% industry share by 2024. Strong presence of prominent companies owing to technological developments in the region fostering regional growth. High food and safety standards of the U.S. government increasing attention for the hygienic packaged option. Increasing consumption of fast food products propelling requirement for suitable pouch packing selection in the region. Shifting consumer preference toward packaged oil, cream and gel product positively supporting industry share.
Asia Pacific market is expected to generate over USD 1.8 billion in 2017. Rising demand for packaged food products owing to rising population in the region strongly supporting market expansion. Large dairy industry coupled with huge fluid product verticals present in the market owing to the fast consumption driving requirement for a convenient option. Increasing disposable income in emerging countries including China, South Korea, Japan, India, Malaysia, and Indonesia boosting market share.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2832
Increasing demand for convenient packaging owing to changing consumer lifestyle are the primary drivers boosting spout & non-spout liquid pouch packaging market. Improved disposable income leading towards healthy food consumption such as fruit juices, fruit pulps and liquid diet likely to support product penetration rate. Health conscious consumers including athletes, sports person and professionals are widely using liquid diet supplements for nutritional gains strongly supporting industry development.
High convenient pouch packaging option especially for ready to eat applications boosting product demand. Changing eating habits and improved preference towards fast food products bolstering industry share. Enhanced safety, high-quality standards and extended shelf life are major factors supporting adoption specifically in infant food applications instigating product landscape.
Technological advancements offering high-quality hygiene and aseptic packing alternatives in large applications is expected to propel industry size. Increased durability, the extended shelf life for packaged food products, and low weight advantages stimulating market penetration. Hygienic packaged drugs & medicines, pharmaceutical products owing to dust free benefits are projected to strengthen spout & non-spout liquid pouch packaging market during the forecast time frame.
Browse key industry insights spread across 500 pages with 630 market data tables & 12 figures & charts from the report, “Spout & Non-Spout Liquid Pouch Packaging Market Size By Type (Spout, Non-Spout), By Application (Food & Beverages [Infant Food, , Liquid, Viscous, Pasty Products], Industrial [Lubricants, Fluids, Paint & Coatings], Personal Care [Soap, Shampoo], Home Care [Detergent, Softeners], 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), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Spain, China, India, Japan, South Korea, Thailand, Indonesia, Malaysia, Australia, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
Fluctuating raw material cost owing to changing crude oil prices are major concerns hindering product demand. Stringent government regulations over the release of CO2 and other harmful gases during manufacturing process damaging environmental health. These key factors are major concerns limiting spout & non-spout liquid pouch packaging industry growth.
Spout liquid pouch packaging segment is estimated to hold over 80% industry share in 2017 owing to better accuracy during pouring process. Presence of pouch valves for the stoppage, low-cost benefits, high convenience for fluids along with reduction of waste chances accelerating product adoption in varied applications.
200 ml size segment is expected to experience more than 8% CAGR up to 2024 owing to high consumer preference in several applications including industrial, home care, and personal care. Improving demand for RTE products, liquid dietary, dairy items due to limited quality and low-cost benefits primarily driving convenient pouch packaging demand.
Personal care market accounted for more than USD 620 million in 2017. Improved urban lifestyle owing to the amplified adoption of personal care products in several countries such as the U.S. Germany, France, China, and Brazil significantly contributing industry revenue share. Strong business outlook from personal care products including liquid soaps, hair gels, shampoo, and conditioners are fostering industry size.
Home care industry is anticipated to witness over 7% CAGR up to 2024. Changing lifestyle pattern along with high adoption of washing machines capturing focus on indoor washing of clothes, apparel and daily wearable items fueling demand for liquid detergents. Growing demand for fluid soaps, detergents and other home cleaning products is anticipated to fuel spout & non-spout liquid pouch packaging market share over the forecast timeframe.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2832
Three-layer laminate pouch registered more than 46% market share in 2017. Increasing demand for mineral water, packed beverage products, and semiliquid RTE items propelling the segment growth. Shifting consumer preference towards the adoption of applesauce, peanut butter and traditional sauces in several edible applications supplementing product demand.
Global spout & non-spout liquid pouch packaging market is fragmented in nature owing to the large existence of domestic and local packaging product manufacturers in the market. The major companies include Swiss Pac, Impak, Uflex, Smurfit Kappa, Weyerhaeuser Company, Sonoco, Tetra Pak International and Ampac. Other key players include Constantia Flexibles, Clondalkin Group, Cellpack, Billerudkorsnas AB, and Dow Chemical, Huhtamaki Oyj. Manufacturers are continuously focusing on product development and innovation in packaging quality to improve competitive edge from other companies.
Partial Chapter of the Table of Content
Chapter 7. Spout & Non-Spout Liquid Pouch Packaging Market, By Laminates
7.1. Global spout & non-spout liquid pouch packaging market share by laminates, 2017 & 2024
7.2. Two layers
7.2.1. Market estimates and forecast, 2013 - 2024
7.2.2. Market estimates and forecast, by region, 2013 – 2024
7.3. Three layers
7.3.1. Market estimates and forecast, 2013 - 2024
7.3.2. Market estimates and forecast, by region, 2013 – 2024
7.4. Four layers
7.4.1. Market estimates and forecast, 2013 - 2024
7.4.2. Market estimates and forecast, by region, 2013 – 2024
7.5.1. Market estimates and forecast, 2013 - 2024
7.5.2. Market estimates and forecast, by region, 2013 – 2024
Browse Related News:
1. Packaging Materials Market Statistics, 2019-2024
2. Paperboard Packaging Market Share Forecast, 2019-2024
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Name: Arun Hegde
Email: Send Email
Organization: global market insights
Release ID: 88912130