Sachet Packaging Machines Market: Surging Towards a Valuation of US$ 867.4 Million by 2029 | FMI

Sachet Packaging Machines Market

In 2022, sachet packaging machines generated sales amounting to US$ 563.8 million. The market for these machines is anticipated to experience a consistent compound annual growth rate (CAGR) of 5.8%, aiming to reach a total valuation of US$ 867.4 million by the conclusion of 2029.

Recent shifts in the packaging industry have significantly impacted sachet packaging equipment. The prevalence of industry 4.0 across various end-use sectors is expected to drive substantial popularity for automatic sachet packaging machines.

Anticipated factors influencing the shipments of sachet packaging machines include a growing consumption of nutraceuticals, heightened demand for sachet packing within the pharmaceutical sector, a surge in the adoption of automatic sachet packaging machines, and an increasing preference for the convenience offered by sachet filling machines.

Request Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-6681

In North America, the demand for sachet packaging equipment is projected to grow steadily in the coming years, driven primarily by the increasing use of sachets in the food and beverages industry. This growing adoption is a significant factor fueling the demand for sachet machines in the region.

In Europe, the market for sachet packaging systems is expected to maintain a steady pace of growth and secure a notable market share on a global scale. Factors contributing to this growth include evolving lifestyle preferences, urbanization, and the development of the hospitality industry in countries like Germany, Italy, France, and the U.K. These trends are expected to drive the demand for sachet filling and sealing machines, particularly for products like sugar, milk, tea, and stick packs.

Sachet Packaging Market – Key Research Findings

  • The global sachet packaging market size estimated in 2021 – ~US$ 8.7 Billion
  • The sachet packaging market is expected to witness a CAGR of 5.8% during the forecast period of 2021-2031.
  • The rising trend of single serve/unit dose packaging among consumers for products such as shampoo, oil, tea, coffee, sauces, and mouth fresheners, is expected to drive the growth of the market of sachet packaging.
  • Collectively, Asia Pacific and North America are expected to account for more than 60% revenue share in the sachet packaging industry, by the end of 2031.
    • Demand for sachet packaging from the personal care & cosmetics industry is expected to propel the growth of the sachet packaging market in the United States, China, and India.
  • The personal care and cosmetics industry is expected to be the most lucrative end-use market for sachet packaging, followed by the pharmaceutical industry.
    • Packaging of shampoos and conditioners is a prominent application of single-use sachets, owing to price-sensitive consumers in the developing regions.

The Key Players Are-

  • Foshan Coretamp Packaging Machinery Co. Ltd
  • Viking Masek
  • Honor Packaging Machinery Co. Ltd
  • SmartPac Verpackungsmaschinen GmbH
  • Mespack SL
  • Turpack Makine Sanayi ve Ticaret Ltd. Sti.
  • Fres-co System USA Inc.
  • MentPack
  • Bossar Packaging
  • others

With the coronavirus pandemic looming large, growth prospects are moderately hindered, as production shortfalls led to declining output. This is gradually easing across such domains as food & beverage, pharmaceuticals and personal care. Therefore, demand for sachet packaging across these domains is likely to prevail.

Request Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-6681

Competitive Landscape

Sachet packaging machine manufacturers are investing in the research & development of new sachet packaging equipment. Sachet packaging machine companies are also adopting multiple strategies to offer more affordable packaging solutions to companies.

  • In August 2021, Matrix, a leading name in the packaging industry, showcased its new line of integrated packaging at PACK EXPO in Las Vegas. The highlight of the showcase was the Matrix Morpheus VFFS machine, and this integrated line also shows how ProMach brands collaborate to efficiently utilize all kinds of packaging projects.

Current Landscape and Market Trends

The Sachet Packaging Machines Market has witnessed exponential growth in recent years, driven by factors such as rising consumer expectations, the demand for sustainable packaging solutions, and advancements in technology. Key trends shaping the market include:

  1. Eco-Friendly Innovations: Manufacturers are increasingly adopting eco-friendly materials and practices to meet the growing demand for sustainable packaging solutions.
  2. Smart Packaging Integration: IoT-enabled sachet packaging machines are becoming prevalent, allowing manufacturers to monitor product integrity and consumers to access real-time information.
  3. Personalized Packaging: Brands are utilizing sachet packaging to offer personalized product variants, catering to diverse consumer preferences.

Increasing Accessibility & Affordability of Sachets to Propel Demand for Sachet Sealing Machines

To enhance consumer affordability and maximize sales revenue, manufacturers across various industries, including food and beverages, personal care, and cosmetics, are increasingly adopting the strategy of offering their products in smaller quantities. The notable cost-effectiveness per unit of sachets has become a significant driver fueling the demand for sachet packaging in these sectors.

Buy Now/Purchase: https://www.futuremarketinsights.com/checkout/6681

Key Segment

By Material Type

  • Plastic
    • Polyethylene
    • Polypropylene
    • PET
    • Polyamide
    • Others
  • Paper
  • Aluminum Foil
  • Others

By Pack Size

  • 1 ml – 10 ml
  • 11 ml – 20 ml
  • 21 ml – 30 ml
  • Above 30 ml

By Packaging Machinery

  • Vertical Form-fill-seal Machines (VFFS)
  • Horizontal Form-fill-seal Machines (VFFS)

By Application

  • Food
    • Sauces & Jams
    • Spice & Condiments
    • Tea & Coffee
    • Others
  • Personal Care & Cosmetics
    • Shampoo & Conditioners
    • Face packs & Gel
    • Hair Oil

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.

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these