The global pouring spout market, valued at USD 6,892.5 million in 2021, is projected to grow significantly, reaching USD 11,998.5 million by 2031. This growth is expected to occur at a robust compound annual growth rate (CAGR) of 5.7% during the forecast period from 2021 to 2031. The revenue generated by the market in 2020 stood at USD 6,711.3 million, marking a year-over-year growth of 2.7% in 2021.
Key Drivers of the Pouring Spout Market
- Increasing Demand for Convenient and Efficient Liquid Transfer Solutions: Consumers are seeking easy, non-splashing methods to transfer liquids from containers to other locations. Pouring spouts offer a controlled flow, minimizing mess and spillage, which is driving their popularity in both domestic and commercial applications.
- Rising Interest in Kitchen Efficiency and Food Preparation Accuracy: With growing interest in home cooking and precision in food preparation, the demand for pouring spouts is increasing. These tools ensure accurate pouring, especially for oils, beverages, and other liquid ingredients, making them a staple in modern kitchens.
- Growing Focus on Sustainability: The increasing environmental awareness among consumers has led to a shift towards reusable and eco-friendly products. Reusable pouring spouts are becoming more popular, contributing to the growth of the market as environmentally conscious consumers prefer sustainable solutions.
- Product Innovation and Design Development: Manufacturers are focusing on developing new and improved pouring spout designs, such as one-piece plastic spouts, available in a variety of colors and materials. These innovations are expanding the product range and appealing to a broader customer base, driving market growth.
- Expansion in Commercial Sectors: The pouring spout market is gaining traction in commercial sectors like restaurants, bars, and event companies, where there is a constant need for efficient, accurate pouring of liquids in high-volume settings. The ease of use and precision provided by pouring spouts make them essential tools in these environments.
Regional Insights
- United States: As the world’s largest pouring spout market, the U.S. sees high demand in bars and event firms for efficient liquid handling solutions.
- Canada: Canada follows closely with a growing need for pouring spouts in commercial settings, including restaurants and bars.
- Europe: High alcohol consumption, particularly in Southern Europe, and the rise of wine markets in Eastern Europe are fueling the demand for pouring spouts across the region
Key Manufacturers and Suppliers of Pouring Spout
- Tomdyerbartender
- Guangdong Wintime Industrial Co. Ltd
- Shanghai Saychum Gift Co Ltd
- Quanzhou Hongfa Gifts Co. Ltd
- Xiamen Xintonglian Plastic Co. Ltd.
- Chenxin Packaging Co. Ltd.
- Spill-Stop Mfg. LLC
- Vermont Natural Coatings
- Seal-Spout Corporation are among others.
Get Strategic Guidance from Our Analyst Contact us on: +1-347-918-3531
Key Segments
By Product Type:
- One Piece Plastic Spouts
- Measured Cut Off Spouts
- Cap on Pour Spouts
By Application:
- Residential
- Commercial
- Pubs/Clubs
- Restaurants
- Bars
- Coffee Shops
By Material:
- Stainless Steel
- PVC
- Plastic
By Sales Channel:
- Wholesalers/Distributors
- Online Retailers
- Direct Sales
- Specialty Stores
- Other Sales Channel
By Region:
- North America
- USA & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube