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Spout & Non-Spout Liquid Pouch Packaging Market Share

Report ID: GMI2832
Published Date: Aug 2018
Report Format: PDF

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Spout & Non-Spout Liquid Pouch Packaging Market Share

Global spout & non-spout liquid pouch packaging industry is highly fragmented owing to presence of large number of unorganized small scale as well as large scale manufacturers. Companies with notable industry share include:

Sonoco
Ampac
Swiss Pac
Impak
Uflex
Tetra Pak International
Weyerhaeuser Company
Smurfit Kappa
Clondalkin Group
Billerudkorsnas AB
Cellpack
Huhtamaki Oyj
Dow Chemical
Constantia Flexibles

The manufacturers are involved in product innovations, mergers & acquisitions and plant expansions to gain competitive share. For instance, in October 2017, Tetra Pak International acquired Big Drum Engineering GmbH, a leading filling machines supplier for the industry. The acquisition will strengthen the company’s product offering for ice-cream manufacturers.

Authors: Suraj Gujar, Sunita Singh

Frequently Asked Questions (FAQ) :

With the increasing the processed food demand due to rapid urbanization and busier lifestyles, global spout & non-spout liquid pouch packaging industry size is poised to exceed USD 10 billion by 2024.

In 2017, the food & beverage application valued over USD 3 billion in non-spout liquid pouch packaging market share due to a higher inclination of consumers towards processed food and fluid diet.

The Asia pacific spout & non-spout liquid pouch packaging market is expected to report over 2 million tons by 2024 owing to increased consumer spending on FMCG products like packaged food.

The three-layer laminates accounted for more than 45% market share in 2017 and are anticipated to witness a substantial growth due to ease in high-quality design printing and increased scope in food & beverage applications.