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(USGovernment-News.Com, March 13, 2018 ) Considering consumer preferences, manufacturers are shifting from rigid packaging options that involve the use of materials such as glass and aluminum to more convenient and flexible packaging options to sustain growth and profitability. One such flexible packaging option is stand-up pouches. The demand for stand-up pouches is increasing due to innovations in their packaging styles using spouts and cap re-closures. Spout pouches are more convenient to use as they occupy less space when stored on shelves than rigid packages such as glass jars. Their ability to ensure zero leakage of liquids is another reason behind their high demand.
Publisher's analysts forecast the global spout pouch market to grow at a CAGR of 9.82% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global spout pouch market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sale of spout pouches to the food and beverage, personal care (liquid soaps and detergents), and chemical (oil and lubricants) industries. The market is divided into the following segments based on geography: -APAC -Europe -North America -ROW
Publisher's report, Global Spout Pouch Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors -Amcor -Bemis -Mondi -Sonoco
Market driver -Increase in sales due to attractive packaging -For a full, detailed list, view our report
Market challenge -Competition from rigid packaging in the beverage industry -For a full, detailed list, view our report
Market trend -Adoption of high speed filling machines -For a full, detailed list, view our report
Key questions answered in this report -What will the market size be in 2020 and what will the growth rate be? -What are the key market trends? -What is driving this market? -What are the challenges to market growth? -Who are the key vendors in this market space? -What are the market opportunities and threats faced by the key vendors? -What are the strengths and weaknesses of the key vendors?
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