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Astute Analytica published a new report on the Spout Pouch Market. The global market report has extensive information about the market size, drivers, threats, opportunities, and growth factors. In addition, the research report contains COVID-19 impact, regional insight, competitor’s analysis, and segmentation. 

The spout pouch market was estimated at US$ 21,784.2 Mn in 2021 and is expected to arrive at US$ 40,266.7 Mn by 2030. The market is estimated to register a CAGR of 7.3% during the forecast period 2022-2030. In volume terms, the market is registering a CAGR of 6.9% during the forecast period.

According to a 2019 estimate from the International Council of Chemical Associations, the chemicals industry is one of the largest in the world, contributing US$ 5.7 trillion to global GDP and supporting nearly 120 million employments. In order to reduce the negative environmental impact of chemical manufacture, chemical industries are progressively embracing sustainable and eco-friendly procedures.

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Chemical companies are using an eco-friendly alternative such as using carbon dioxide from the atmosphere to make fuels, industrial products, and other chemicals. Technological advancements and the development of chemical sciences are playing a major role in this transition in the industry.

Impact Analysis of COVID-19

Almost every product people use has chemicals. Chemical businesses are functioning in a radically different paradigm as the effects of COVID-19 ripple over the globe and economic activity grinds to a standstill. There is a chasm in the demand for chemicals across end markets. The global supply networks disrupted, chemical companies’ stock prices have taken major hits, and chemical manufacturer competitive orders have switched swiftly in the United States, the Middle East, China, and Europe.

Regional Insights

By Product:

·         Beverages 

·         Syrups

·         Energy Drinks

·         Cleaning Solutions

·         Oils

·         Liquid soaps

·         Baby food

·         Others

By Component:

·         Cap

·         Straw

·         Film

·         Others

Full Report Here- https://www.astuteanalytica.com/industry-report/spout-pouch-market

By Pouch Size

·         Less Than 200 ML

·         200 To 500 ML

·         500 To 1000 ML

·         More Than 1000 ML 

By Material:

·         Plastic

·         Aluminium

·         Paper

·         Others

By Closure Type:

·         Screw

·         Flip Top

·         Corner-mounted spouts

·         Top-mounted spouts

·         Push-up drink caps

By End user:

·         Food and beverages

·         Cosmetics and personal Care

·         Automotive 

·         Pharmaceutical

·         Paints

·         Soaps and detergents

·         Others

By Region:

·         North America

·         The U.S.

·         Canada

·         Mexico

·         Europe

·         Western Europe

·         The UK

·         Germany

·         France

·         Italy

·         Spain

·         Rest of Western Europe

·         Eastern Europe

·         Poland

·         Russia

·         Rest of Eastern Europe

·         Asia Pacific

·         China

·         India

·         Japan

·         South Korea

·         Australia & New Zealand

·         ASEAN

·         Rest of APAC

·         Middle East & Africa (MEA)

·         UAE

·         Saudi Arabia

·         South Africa

·         Rest of MEA

·         South America

·         Argentina

·         Brazil

·         Rest of South America

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