The global sachet packaging market is expected to attain an impressive valuation of USD 9,814.3 million in 2023 and is projected to reach USD 17,381.9 million by 2033, expanding at a CAGR of 5.9% from 2023 to 2033.
This growth is driven by several factors, including increasing demand for convenient and cost-effective packaging solutions across various industries such as food and beverages, pharmaceuticals, and personal care. Sachet packaging offers numerous advantages, including portability, ease of use, and precise portion control, making it an ideal choice for single-serve products and on-the-go consumers.
Additionally, advancements in packaging materials and technologies are enhancing the durability and sustainability of sachets, further fueling market expansion.
The rising consumer preference for eco-friendly packaging and the growing trend of smaller, single-use packages are also contributing to the market’s positive trajectory. Moreover, the increasing urban population, changing lifestyles, and rising disposable incomes in emerging economies are boosting the demand for sachet packaging.
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Manufacturers are focusing on innovative designs and sustainable materials to meet consumer expectations and regulatory requirements. Overall, the sachet packaging market is poised for significant growth, driven by its versatility, cost-efficiency, and alignment with modern consumer trends.
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.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global sachet packaging market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the sachet packaging market, the market is segmented on the basis of material type (plastic, paper, aluminum foil, and others), pack size (1 ml to 10 ml, 11 ml to 20 ml, 21 ml to 30 ml, and above 30 ml), packaging machinery (vertical form-fill-seal machines, and horizontal form-fill-seal machines), and application (food, personal care & cosmetics, pharmaceuticals, sealants & adhesives, lubricants & solvents, and other applications) across five major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).
Key Segments profiled in the Sachet Packaging Industry Survey
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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