4 North Main Street
19975 Selbyville, Delaware, us
Spout & Non-Spout Liquid Pouch Packaging Market to grow at 7.5% CAGR by 2024 | Sonoco, Smurfit Kappa, Constantia Flexibles
Global Market Insights, Inc. presents a most up-to-date research on "Spout & Non-Spout Liquid Pouch Packaging Market - Global Industry Analysis, Size, Share, Growth Potential, Trends Statistics, Regional Outlook and Forecast 2018 - 2024"
Food & beverage applications in non-spout liquid pouch packaging market was valued over USD 3 billion in 2017. Shifting consumer preferences towards processed food and fluid diet due to increasing health awareness will proliferate the application scope. Extensive durability through flavor retention, nutritional value and freshness maintenance are substantial properties driving product penetration.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2832
Spout & Non-Spout Liquid Pouch Packaging Market size is estimated to surpass USD 10 billion by 2024; according to a new research report by Global Market Insights, Inc.Necessity for light weight and easy to carry products particularly among travelers and tourists will drive the spout liquid pouch packaging market size. Improved consumer experience accompanied by ease in consumption and stain free properties will support the industry growth. Rapid urbanization along with busier lifestyles enhancing the processed food demand will support the product scope.
Superior economic viability along with ease in handling are among key properties propelling the non-spout liquid pouch packaging market growth. Effective storage of high viscous as well as low viscous fluids including juices, lubricants & oils, shampoo, and detergents will drive the application scope. Zero leakage and puncture resistance are among lucrative properties driving the product adoption.
Global Spout & Non-Spout Liquid Pouch Packaging Market, By Applications
Food & beverages
Infant food, apple sauce, pudding, condiments, jelly, peanut butter, sauces
Paint & coatings
Liquid detergents and diluted bleach
Creams & gels
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2832
200ml size exhibited a dominating share in the spout liquid pouch packaging market share. High application scope owing to light weight, compatible strength along with adoption of standardized sizes in food & beverage applications will propel the segment growth. Rising penetration in personal care and home care segments particularly for soaps & detergents will support the product demand.
Three-layer laminates accounted for over 45% in the spout liquid pouch packaging market in 2017. Ease in high quality design printing on film surface will supplement the segment demand. High application scope in food & beverage applications owing to enhanced shelf life will support the product demand. However, four-layer laminates are expected to witness the fastest CAGR owing to increasing demand from industrial applications.
Asia pacific non-spout liquid pouch packaging market is anticipated to report more than 2 million tons by 2024. Rising penetration of supermarkets offering discounted prices coupled with increasing consumer spending on FMCG products will drive the industry demand. Potential food & beverage and home care market is among primary driver for regional industry growth
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/spout-and-non-spout-liquid-pouch-packaging-market
Global industry share is highly fragmented owing to presence of large number of unorganized small-scale players along with global players. Ampac, IMPAK Corporation, Uflex, Tetra Pak International, Sonoco, Swiss Pac, and Weyerhaeuser Company are among major players. Expanding distribution and sales network coupled with research & development investments are among vital strategies adopted among industry players. Other prominent players include Constantia Flexibles, Clondalkin Group, Südpack Verpackungen, Cellpack, Huhtamaki Oyj, DOW Chemical Company, and Smurfit Kappa.
The use of information published here for personal information and editorial processing is generally free of charge. Please clarify any copyright issues with the stated publisher before further use. In the event of publication, please send a specimen copy to email@example.com.