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LONDON, GREATER LONDON, UNITED KINGDOM, May 20, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034
The spout packaging market size has grown strongly in recent years. It ballooned from $25.31 billion in 2024 to reach $27.43 billion in 2025, reflecting a compound annual growth rate CAGR of 8.4%. The significant growth in the historic period was driven by factors such as increasing sales of packaged food products, growing adoption of spout pouches, the rising food and beverage sector, and escalating demand for beverages and cleaning products, as well as the healthcare industry.
What Does the Future Hold for the Spout Packaging Market?
The spout packaging market size is expected to witness strong growth in the near future, with it predicted to swell to $37.31 billion in 2029 at a compound annual growth rate CAGR of 8.0%. The expected growth during the forecast period can be attributed to the increasing utilization of spout pouches and a growing penchant for single-serve and compact packaging. The rising demand for ready-to-eat food and packaging will further fuel this growth. Other contributors include rapid urbanization, an upswing in flexible package demand, as well as technological advancements, product innovations, packaging technologies, eco-friendly material development, and innovative designs.
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What’s Driving The Spout Packaging Market Forward?
A crucial catalyst for the spout packaging market’s exponential growth is the surging demand from the food and beverage industry. This includes businesses involved in the production, processing, distribution, and sale of food and drinks. A swelling global population and a paradigm shift in consumer preferences towards healthier and more convenient food options have boosted the demand from the food and beverage industry. Spout packaging in this industry offers advantages such as convenience, freshness preservation, and efficient storage and transportation of liquid products.
Who Are the Key Players in The Spout Packaging Market?
Major companies operating in the spout packaging market include The DOW Chemical Company, Amcor plc, Smurfit Kappa Group, Mondi plc, Sonoco Products Company, Evergreen Packaging, and Sealed Air Corporation.
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Are There Any Innovation Trends in The Spout Packaging Market?
Leading companies in the spout packaging market are developing innovative recyclable spouted pouches, aligning their offerings with growing consumer demand for sustainable packaging solutions. These recyclable spouted pouches are made from materials like polyethylene or polypropylene, which can be recycled after use.
In What Ways is The Spout Packaging Market Segmented?
The market report segments the spout packaging market as follows:
- By Component: Caps, Film
- By Closure Type: Screw Cap, Flip Top Cap
- By Material: Plastic, Aluminum, Paper, Other Materials
- By Pouch Size: Less Than 200 ML, 200 To 500 ML, 500 To 1,000 ML, More Than 1,000 ML
- By End User: Food And Beverages, Cosmetics And Personal Care, Automotive, Pharmaceutical, Paints, Soaps And Detergents, Other End Users
Subsegments include:
- By Caps: Screw Caps, Flip-Top Caps, Child-Resistant Caps, Tamper-Evident Caps
- By Film: Polyethylene Film, Polypropylene Film, Polyethylene Terephthalate Film, Multi-Layered Barrier Film
What Are the Regional Insights of The Spout Packaging Market?
In 2024, Europe was the largest region in the spout packaging market. On the other hand, Asia-Pacific is slated to be the fastest-growing region during 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, and Africa.
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