The Global Spouted Pouches Market is expected to grow with a CAGR of 8.9% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below:

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The global spouted pouches is a highly consolidated market, which includes a specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenarios.

The major players dealing in global spouted pouches are introducing a strong range of products provider and launching new products, and adopting strategic initiatives such as acquisition, agreement, business expansion, award, and recognition into the market. This helped companies to maximize sales with an enhanced product portfolio.

For instance:

• In September 2021, Berry Global Inc. announced to expand its North American capacity for clear, sustainable foodservice packaging. The expansion will help the company to expand its production facilities

Berry Global Inc. is the dominating player in the global spouted pouches market. The other key players existing in the market are Amcor plc, Mondi, Coveris, Huhtamaki, Constantia Flexibles, Swiss Pack, WINPAK LTD., ProAmpac, Glenroy, Inc., Sonoco Products Company, Clifton Packaging Group Limited, Scholle IPN, Foxpak Flexibles Ltd., TedPack Company Limited., Hunan Zekun Packaging Technology Co., Ltd., Guala Pack S.p.a., among others.

Berry Global Inc.,

Berry Global Inc. has headquarters in Evansville, the U.S., established in 1967. It has public ownership. The company focuses on creating innovative packaging and engineered products. The company's business categories are Consumer Packaging International, Consumer Packaging North America, Engineered Materials and Health, Hygiene, and Specialties. In which Consumer Packaging International is the market-focused segment. The company has product categories including agricultural film, bottles, cannabis solutions, closures, containers, drink cups, flexible packaging, jars, lids, straws, stretch film, tapes, trash bags, tubes, shrink films in which flexible packaging is the market-focused category.

For instance,

• In May 2021, Berry Global Group, Inc. has invested more than USD 70 million to support continued growth in consumer packaging films, primarily for e-commerce, food, and beverage applications. The investment has helped the company to attract a larger customer base

The company has a wide presence across North America, South America, Asia-Pacific, Europe, Middle East, and Africa. The company also has various subsidiary companies AVINTIV Inc. (U.S.), Covalence Specialty Adhesives LLC (U.S), PackerWare, LLC (U.S.), Captive Plastics, Inc. (U.S.), Terram (United Kingdom), among others

Amcor plc

Amcor plc was founded in the year 1860, headquartered in Zurich, Switzerland. It has public ownership. The company is focused on developing and producing responsible packaging for food, beverage, pharmaceutical, medical, home, and personal-care products. The company operates its business via several business segments, including Flexibles and Rigid Packaging. Flexibles is the market-focused segment.

The company has product categories such as Stick Packs, Flow Wraps, Bag in Box, Stand-Up Pouch, Spouted Pouch, Bottles, Liquid Beverage Pouches, Labels, and Overwraps in which Spouted Pouch is the market-focused category.

For instance,

•  In October 2020, in collaboration with Nestlé, Amcor plc developed the first recyclable flexible retort pouch for consumer products in stores in the Netherlands. The product launch has helped the company to widen its product portfolio

The company has a presence across Asia-Pacific, Europe, Middle East, and Africa, Latin America, North America. The company also has various subsidiaries, including Amcor Limited (Australia), Amcor Packaging (U.S.A.) Inc. (U.S.), Containers Packaging (U.K.), Bemis Company, Inc. (U.S.), among others.

Sonoco Products Company

Sonoco Products Company was founded in the year 1899, headquartered in Hartsville, South Carolina. It has public ownership. The company provides diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services. The company operates its business via several business categories, including Consumer Packaging, Display and Packaging, Paper And Industrial Converted Products, Protective Solutions. In which Consumer Packaging is the market-focused segment.

The company has product categories such as Rigid Plastic Packaging, Flexible Packaging, Rigid Paper Containers, Paperboard, in which Flexible Packaging is the market-focused category.

For instance,

•  In September 2019, Sonaco Products Company announced the creation of its new EnviroSense Sustainable Packaging Initiative. Crossing a range of packaging materials, including cans, rigid plastic packaging containing post-consumer recycled content, mono-material flexible pouches that are recyclable. The launch has helped the company to widen its product portfolio in sustainable packaging

The company has a presence across Asia-Pacific, Europe, Middle East, Africa, South America, North America. The company also has various subsidiaries, including Thermoform Engineered Quality LLC (US), Can Packaging SAS (UK), Sonoco Trident Ltd. (US), Tegrant Corporation (US), Sonoco Canada Corporation (Canada), among others.