Market Overview:
The global resealable closures and spouts packaging market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for resealable closures and spouts packaging from various end-use industries such as pharmaceuticals, personal care, consumer goods, food & beverage, electronics goods and others. In addition, the growing trend of convenience packaging is also fueling the growth of this market.
Product Definition:
Resealable closures and spouts packaging is important because it allows the consumer to reseal the product after opening, which helps to keep the product fresh and prevents spoilage.
Paper:
Paper is a material made from cellulose fibers that are extracted from natural sources such as wood and cotton. Cellulose is the primary raw material used in the manufacturing of paper. The other important raw materials include starch, glue, and water. Paper can be manufactured using different processes such as chemical pulp mill process or mechanical wood pulping process or a combination of both these processes.
Plastic:
Plastic is a versatile material that can be molded into various shapes and sizes for packaging. It offers strength, durability, lightness, and impact resistance to the products being packaged. The most commonly used types of plastic in this industry include High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), polypropylene (PP), polystyrene (PS), expanded polystyrene (EPS) and acrylics among others.
Application Insights:
The food & beverage application segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The increasing use of resealable closures and spouts packaging solutions in various food products such as sauces, dressings, ketchup, mayonnaise, honey among others is expected to be a key factor driving growth.
The pharmaceuticals application segment was valued at USD 281.1 million in 2016 owing to high demand from drug manufacturers for blister packs and cartons containing tablets/capsules filling machines. Growing health consciousness among consumers coupled with technological advancements that have made it easy for them to access medicines through retail pharmacies are some of the factors expected drive growth over the forecast period.
Resealable closures & spouts solutions are also widely used across several other industries including consumer goods (cosmetics), electronics goods (batteries), personal care (toiletries).
Regional Analysis:
Asia Pacific dominated the global resealable closure and spout packaging market in 2017. This is attributed to the presence of a large number of pharmaceutical and consumer goods manufacturers in this region. The growth can also be attributed to increasing foreign investments in India, China, South Korea, Thailand, Vietnam among other countries.
The Asia Pacific has been experiencing strong economic growth over the past few years on account of rising disposable income coupled with growing population especially in China and India which are major consumers for this market owing to their high demand for packaged food products such as ready-to-eat meals like sandwiches or burgers as well as confectionery items such as chocolates or candies that require tight sealing after opening for consumption by customers.
Europe is expected to grow at a significant rate during the forecast period from 2018 to 2030 due its rapidly growing pharmaceutical industry along with increasing R&D activities by various companies present both within Europe.
Growth Factors:
- Increasing demand for resealable closures and spouts packaging from food and beverage industry as it helps in preserving the product freshness for a longer period of time.
- Rising demand from end-use industries such as cosmetics, pharmaceuticals, and nutraceuticals due to the benefits offered by resealable closures and spouts packaging.
- Growing popularity of flexible pouches among consumers owing to its convenience features such as reusability, portability, and recyclability. This is expected to boost the demand for resealable closures and spouts packaging in the coming years.
- Technological advancements in closure systems that offer better tamper evidence along with easier usability are projected to fuel the growth of this market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Resealable Closures and Spouts Packaging Market Research Report
By Type
Paper, Plastic, Others
By Application
Pharmaceuticals, Personal Care, Consumer Goods, Food & Beverage, Electronics Goods, Others
By Companies
Amcor, Janco, Huhtamaki, Constantia Flexibles, Dupont, Multivac, Winpak, Essel Propack, Albéa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Resealable Closures and Spouts Packaging Market Report Segments:
The global Resealable Closures and Spouts Packaging market is segmented on the basis of:
Types
Paper, Plastic, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals, Personal Care, Consumer Goods, Food & Beverage, Electronics Goods, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amcor
- Janco
- Huhtamaki
- Constantia Flexibles
- Dupont
- Multivac
- Winpak
- Essel Propack
- Albéa
Highlights of The Resealable Closures and Spouts Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Paper
- Plastic
- Others
- By Application:
- Pharmaceuticals
- Personal Care
- Consumer Goods
- Food & Beverage
- Electronics Goods
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Resealable Closures and Spouts Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Resealable closures and spouts packaging is a type of packaging that allows for products to be resealed after being opened. This type of packaging can be used for a variety of products, including food items, beverages, and cosmetics.
Some of the key players operating in the resealable closures and spouts packaging market are Amcor, Janco, Huhtamaki, Constantia Flexibles, Dupont, Multivac, Winpak, Essel Propack, AlbƒÂ©a.
The resealable closures and spouts packaging market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Resealable Closures and Spouts Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Resealable Closures and Spouts Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Resealable Closures and Spouts Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Resealable Closures and Spouts Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Resealable Closures and Spouts Packaging Market Size & Forecast, 2018-2028
4.5.1 Resealable Closures and Spouts Packaging Market Size and Y-o-Y Growth
4.5.2 Resealable Closures and Spouts Packaging Market Absolute $ Opportunity
Chapter 5 Global Resealable Closures and Spouts Packaging Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Resealable Closures and Spouts Packaging Market Size Forecast by Type
5.2.1 Paper
5.2.2 Plastic
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Resealable Closures and Spouts Packaging Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Resealable Closures and Spouts Packaging Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Personal Care
6.2.3 Consumer Goods
6.2.4 Food & Beverage
6.2.5 Electronics Goods
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Resealable Closures and Spouts Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Resealable Closures and Spouts Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Resealable Closures and Spouts Packaging Analysis and Forecast
9.1 Introduction
9.2 North America Resealable Closures and Spouts Packaging Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Resealable Closures and Spouts Packaging Market Size Forecast by Type
9.6.1 Paper
9.6.2 Plastic
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Resealable Closures and Spouts Packaging Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Personal Care
9.10.3 Consumer Goods
9.10.4 Food & Beverage
9.10.5 Electronics Goods
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Resealable Closures and Spouts Packaging Analysis and Forecast
10.1 Introduction
10.2 Europe Resealable Closures and Spouts Packaging Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Resealable Closures and Spouts Packaging Market Size Forecast by Type
10.6.1 Paper
10.6.2 Plastic
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Resealable Closures and Spouts Packaging Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Personal Care
10.10.3 Consumer Goods
10.10.4 Food & Beverage
10.10.5 Electronics Goods
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Resealable Closures and Spouts Packaging Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Resealable Closures and Spouts Packaging Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Resealable Closures and Spouts Packaging Market Size Forecast by Type
11.6.1 Paper
11.6.2 Plastic
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Resealable Closures and Spouts Packaging Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Personal Care
11.10.3 Consumer Goods
11.10.4 Food & Beverage
11.10.5 Electronics Goods
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Resealable Closures and Spouts Packaging Analysis and Forecast
12.1 Introduction
12.2 Latin America Resealable Closures and Spouts Packaging Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Resealable Closures and Spouts Packaging Market Size Forecast by Type
12.6.1 Paper
12.6.2 Plastic
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Resealable Closures and Spouts Packaging Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Personal Care
12.10.3 Consumer Goods
12.10.4 Food & Beverage
12.10.5 Electronics Goods
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Resealable Closures and Spouts Packaging Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Resealable Closures and Spouts Packaging Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Resealable Closures and Spouts Packaging Market Size Forecast by Type
13.6.1 Paper
13.6.2 Plastic
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Resealable Closures and Spouts Packaging Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Personal Care
13.10.3 Consumer Goods
13.10.4 Food & Beverage
13.10.5 Electronics Goods
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Resealable Closures and Spouts Packaging Market: Competitive Dashboard
14.2 Global Resealable Closures and Spouts Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 Janco
14.3.3 Huhtamaki
14.3.4 Constantia Flexibles
14.3.5 Dupont
14.3.6 Multivac
14.3.7 Winpak
14.3.8 Essel Propack
14.3.9 Albéa
