Spout Liquid Pouch Packaging Market 2018 to 2024, key industry players & growth trends

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Spout Liquid Pouch Packaging Market by Type
(Spout, Non-Spout) 2018-2024
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Global Market Scenario of Spout Liquid Pouch
Packaging Industry

• According to a new research report by Global
  Market Insights, Inc. Spout Non-Spout Liquid
  Pouch Packaging Market size is estimated to
  surpass USD 10 billion by 2024.
• 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. 
• Inclination towards eco-friendly materials along
  with favorable government regulations on
  sustainable packing innovations will augment the
  industry demand. Shifting trend towards raw
  material cost reduction among manufacturers will
  fuel the product scope. However, raw material
  cost variations due to fluctuating petrochemical
  prices may hamper the business growth.

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Continue-

• Spout liquid pouch packaging market will witness
  CAGR at over 6.5 up to 2024. No spillage along
  with high protection layering are among major
  properties driving product scope in food
  beverage, pharmaceutical, and industrial
  applications. Non-spout liquid pouch packaging
  market dominates the industry share. Design
  flexibility along with product innovations are
  among key factors fueling the business growth.
• 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.
• 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.

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360 Industry Analysis

• 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.
•  

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Industry Background
Complete table of contents_at_ https//bit.ly/2QgTrZo

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• Regional Analysis
• 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
• Competitive Analysis
• 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.

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Latest Research Report On Spout Non-Spout
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TrZo Request for sample of this research
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