Anticipated to reach US$ 9,814.3 million in 2023, the global sachet packaging market is forecasted to expand significantly to US$ 17,381.9 million by 2033, indicating a Compound Annual Growth Rate (CAGR) of 5.9% during the period. This growth trajectory highlights the escalating demand for convenient and portable packaging solutions across various industries. Factors such as the rising preference for single-serve packaging, increasing urbanization, and the growing popularity of on-the-go consumption contribute to the market’s upward trend. Additionally, advancements in packaging materials and technologies further propel the expansion of the sachet packaging market worldwide.
The burgeoning need for lightweight and space-efficient packaging is evident across diverse sectors, encompassing personal care, pharmaceuticals, home care, and the food & beverages industry. Concurrently, the surge in the popularity of pre-packaged and easily consumable products, driven by the fast-paced lifestyles of consumers, is propelling the demand for sachet packaging. This trend is anticipated to contribute significantly to market expansion in the forecasted period, as industries increasingly recognize the advantages of sachet packaging in meeting both consumer convenience and sustainability requirements.
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Cost-efficiency offered by sachet packaging when compared to other kinds of rigid packaging solutions is further anticipated to spur growth in the market. Less manufacturing cost, less requirements for raw material along with lower cost incurred while packing, printing & shipping is positively influencing product demand.
The growing demand for packaging items in small amounts across multiple industries, such as food & beverage, cosmetics, pharmaceuticals, and personal care is further expected to generate growth in the market. The advent of active packaging emitting sachets in sachet packaging is one of the key trends that are positively influencing the market outlook.
Use of active antimicrobial packaging in packed food and headspace to delay, reduce, or even avoid the spoilage and growth of pathogenic microorganisms is presenting new opportunities for market expansion. People migrating toward urban areas is leading to less food storage capacity thereby, creating a high demand for more convenient packages such as sachet packaging solutions.
Business Growth Drivers:
- Convenience: Sachet packaging offers convenience to consumers, especially in industries like food, pharmaceuticals, and personal care. It provides single-use portions that are easy to carry and use, making it suitable for on-the-go lifestyles.
- Cost-Effectiveness: Sachet packaging is often more cost-effective than larger packaging formats. It requires less material and often incurs lower production and transportation costs.
- Market Penetration: Sachet packaging facilitates market penetration, especially in emerging economies where affordability is a crucial factor for consumers. It allows companies to introduce their products at a lower price point, making them accessible to a wider consumer base.
- Customization and Branding: Sachet packaging offers opportunities for customization and branding. Companies can easily print product information, logos, and branding elements on sachets, enhancing brand visibility and recognition.
- Product Protection: Sachet packaging provides adequate protection for products against moisture, oxygen, light, and other external factors, thus extending shelf life and maintaining product quality.
- Sustainability: There is a growing trend towards sustainable sachet packaging solutions, including recyclable materials and biodegradable options. This aligns with consumer preferences for eco-friendly packaging.
Industry Restraints:
- Environmental Concerns: While efforts are being made to make sachet packaging more sustainable, the use of single-serving packaging still contributes to environmental concerns, particularly regarding plastic waste and litter.
- Regulatory Challenges: Compliance with regulations related to packaging materials, labeling requirements, and environmental standards can pose challenges for sachet packaging manufacturers, especially when operating in multiple jurisdictions with varying regulations.
- Limited Product Range: Sachet packaging is more suitable for certain types of products, such as powders, liquids, and small items. This limits its application in industries where larger packaging formats are required or preferred.
- Perception of Quality: In some markets, sachet packaging may be associated with lower quality or inferior products, leading to challenges in positioning premium or high-end products in sachet format.
- Technical Constraints: Sachet packaging may not be suitable for all types of products, especially those with specific storage or handling requirements. Technical constraints such as packaging integrity, shelf stability, and compatibility with filling machinery can limit its usage in certain industries.
Key Takeaways
- North America is expected to grow with a CAGR of 5.7% during the forecast period.
- The market in India is projected to witness a promising CAGR of 9.20% during the forecast period.
- China is expected to grow at a 9.90% CAGR during the forecast period.
- By material type, plastic is projected to lead the segment and is estimated to grow with a CAGR of 5.5% during the forecast period.
- By end-use, personal care, and cosmetic segment is expected to lead the market. It is expected to grow with a CAGR of 5.9% during the projected period.
“Growing demand for small portion size and single-serve products is expected to fuel the demand for sachet packaging over the forecast period,” comments an FMI Analyst
Competitive Landscape
The sachet packaging market is extremely competitive and consists of various key industry players. These players are heavily investing in manufacturing sachet packaging solutions.
The key industry players are
- Glenroy Inc.,
- Amcor Plc,
- Huhtamaki Oyj,
- ProAmpac LLC
- Constantia Flexibles Group GmbH,
- AE Adams (Henfield) Ltd,
- Paharpur 3P,
- RCP Ranstadt GmbH,
- Sharp Packaging Services,
- Sealed Air Corporation.
Key industry players are leveraging organic growth strategies like acquisition, mergers, partnerships, and collaboration in order to enhance their product portfolio. This is expected to fuel the global sachet packaging market.
- In May 2021, Amcor introduced a high-barrier plastic sheet sachet for packaging powdered chocolate in Columbia. The 25-gram sachet, when recycled, reduces carbon emissions by 50% and water consumption by 83%.
- In April 2021, Constantia Flexibles acquired Propak, a leading player in the European packaging industry. This merger is generating strong market potential and is proving to be a huge step in film packaging for company’s presence in the rapidly expanding market segment.
- In July 2022, Unilever, a United Kingdom-based multinational consumer goods company, cooperated with another British multinational packaging and paper group, Mondi. The collaboration was aimed at creating aluminum-free, recyclable paper-based packaging for Colman’s sauces and meal maker range.
Plastic to Dominate the Market with a Sizable Share
In 2022, plastic dominated the sachet packaging market, capturing a substantial 64.1% of the total revenue share, and the segment is poised for continued growth with a projected CAGR of 5.5% throughout the forecast period. The prevalence of plastic in sachet packaging is attributed to its widespread acceptance among manufacturers, with Polyethylene terephthalate (PET) frequently employed as a barrier to enhance structural integrity and strength. This underscores the enduring preference for plastic as a versatile and reliable material in sachet packaging applications, emphasizing its pivotal role in shaping the market landscape over the foreseeable future.
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Key Segmentations:
By Material Type:
- Plastic
- Paper
- Aluminium Foil
- Others
By Pack Size:
- 1 ml to 10 ml
- 11 ml to 20 ml
- 21 ml to 30 ml
- Above 30 ml
By Packaging Machinery:
- Vertical Form-fill-seal Machines
- Horizontal Form-fill-seal Machines
By Application:
- Food
- Personal Care & Cosmetics
- Pharmaceuticals
- Sealants & Adhesives
- Lubricants & Solvents
- Other Applications
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & 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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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