From 2022 to 2032, the dispensing spouts market is projected to increase at a CAGR of 7.5%, from US$ 1,129.6 Mn in 2022 to US$ 2,328.2 Mn.
After taking the desired amount of product out of the packaging, dispensing spouts are frequently used to reseal the container. Products that are liquid or viscous are frequently packaged with dispensing spouts. The product’s dispensing spout makes it simple to use and carry without allowing the packaging to become ripped even after repeated use.
The dispensing spout has created space for manufacturers to innovate different designs and form of packaging to attract more customers by increasing the appeal of the product through packaging. The dispensing spout is in the shape of a cap, pump, dropper or valve for handling small to large quantity of packed products. The dispensing spout is commonly mounted on the top or bottom of the package to utilize the product completely and efficiently.
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Dispensing Spout Market: Market Dynamics
The need for frequent use of the product in smaller quantity has led to the innovation of dispensing spouts, enabling the consumer to use the products conveniently according to their desired need. The wide range of application along with the convenience offered by the dispensing spout has influenced the consumer preference positively while propelling the demand for dispensing spout market. The use of dispensing spout in packaging creates an opportunity for the manufacturers to reduce the use of the raw material while creating a win-win situation for both manufacturer and the environment, by reducing cost and carbon footprint of packaging respectively.
However, the use of water dispensing spout for common places such as offices, malls, schools, etc. is prone to have bacterial growth which may limit the market growth opportunities of the dispensing spout market. The increasing trend for buying products in economic quantity is expected to create a positive impact on the dispensing spout market. Dispensing spout has vast range of application in markets such as beverages, food, home care, toiletries, household chemicals, etc. The functionality of dispensing spout to allow repeated usage makes it a sustainable form of packaging.
Competitive Landscape
Dispensing spouts market report explains that the key market participants primarily focus on strategic mergers, acquisitions, and collaborations to develop and launch new products to expand their product portfolio and geographical presence. The dispensing spouts are further defined by plastic spout caps that help the end users reduce plastic pollution, largely reducing the carbon footprint. This fuels the demand for dispensing spouts.
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Key Developments
- In April 2020, Everledger launched a new line of anti-tamper closures for wine and spirit bottles, wherein the bottle cap is provided with near field Communication (NFC)-powered tamper detection label.
- In June 2020, Silgan acquired Albéa Group’s 10 manufacturing facilities under its dispensing operations. This acquisition is expected to aid Silgan to expand its closures franchise along with dispensing systems operations.
Other market players of the dispensing spouts market:
- Elkay Manufacturing Company Inc.
- Guangdong Danqing Plastic Packaging & Printing Co. Ltd.
- Uflex Ltd.
- Tacom SA
- Liqui-Box Corporation
- Stern Engineering Ltd.
- Pöppelmann GmbH & Co. KG
- Glenroy, Inc.
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Key Segments Profiled in the Dispensing Spouts Market Survey
By Sealing Type:
- Liner
- Without Liner
By Spout Type:
- Cap
- Dropper
- Pumps
- Valve
By Packaging Type:
- Pouch
- Bottle
- Liquid Cartons
- Jars
- Tubes
- Bulk Grocery Bags
By Material:
- Metal
- Plastic
- PET
- HDPE
By End User:
- Food & Beverage
- Pharmaceutical
- Homecare/Personal Care
- Chemical & Petrochemical Industries
By Region:
- North America
- Latin America
- Asia Pacific
- MEA
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