Spout pouches are one such attractive packaging which is in high demand. Spout bag provides flexible packaging options for the plastic pouches for liquids’ products and is suited best for logistics purpose. They come in different sizes. All the products are fixed with nozzles. The nozzles are kept in such a way that it creates a 90-degree angle of the pouch or in the center of the pouch. The expected increase in demand for beverages among developing economies is expected to boost overall sales of plastic spout worldwide. Spouted matches market will be expected to expand at a moderate pace between 2016 and 2026.
Global Spouted Pouches Market Dynamics:
Global bags market is expected to be primarily driven by increasing consumer preference towards beverages. Increasing out of pocket expenditure and increasing consumer spending on food coupled with growing organized retail market is expected to boost overall sales of stand up pouches for food packaging. Nowadays, They are also gaining traction in baby foods market. Increasing environmental awareness has further added to growth in sales of packing pouches market owing to its reusable property. Besides this increasing, the growth of the pharmaceutical sector and energy drinks can impact the growth of the plastic spout market positively. They are comparatively cheaper when compared to glasses. As a result, many end-users are inclined towards the product. The design of the bags is such that it can be used for branding their products. It does not take more spaces on a store shelf compare to the plastic and bottle glasses. Though the market is expected to gain healthy growth over the forecast period, availability of alternative products could pose a major challenge for overall demand for stand up pouch sealers.
Global Spouted Pouches Market Segmentation:
The global spouted pouches bags market is segmented on the basis of the type of application such as pharmaceutical products, alcoholic beverages, energy drink, lubricating oil, fruit juice, liquid soap. On the basis of size, liquid stand up pouches such as segmented into 100 ml, 200 ml, 350 ml, 500 ml, 750 ml and 1 litter. On the basis of the layer, the global plastic spout market can be segmented into two, three and four layer laminates. The global spouted market also can be segmented on the basis of the colors of the bags such as red, green, blue, black, gold, silver etc. On the basis of components, the bags’ market can be segmented into straw, cap, film.
Global Spouted Pouches Market: Regional Outlook
Geographically, the global plastic pouch industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. The Asia Pacific is the most lucrative market over the forecast period for the plastic spout market for the increasing growth of food & pharmaceutical food packaging. The Asia Pacific is expected to be primarily driven by China and India where per capita spending has increased manifold over the last five years. Furthermore, the region has witnessed a substantial increase in food retail market. Furthermore, ASEAN is expected to contribute a major share to overall demand for spouted pouches in the Asia Pacific. Free trade agreement in ASEAN countries could help companies to capitalize on the market. North America and Europe are relatively mature market. However, companies are emphasizing on product innovation and distribution channel to strengthen their market presence in the region. Latin America and MEA are expected to grow at relatively slower pace.
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