Sachet Packaging Market Size, Share, Growth Analysis, By Material(Plastic, Paper, Aluminum Foil, and Others), By Packaging Machinery(Vertical Form-fill-seal Machines, and Horizontal Form-fill-seal Machines), By Application(Food, Personal Care & Cosmetics, Pharmaceuticals, Sealants & Adhesives), By Region - Industry Forecast 2024-2031

Q: What is the global market size of Sachet Packaging Market?

Global sachet packaging market size was valued at USD 8.33 billion in 2022 and is poised to grow from USD 8.78 billion in 2023 to USD 13.37 billion by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).

Report ID: SQMIG15H2064 | Region: Global | Published Date: March, 2024
Pages: 157 | Tables: 93 | Figures: 71

Sachet Packaging Market Regional Insights

The massive consumer base of the Asia Pacific region allows it to account for a dominant share of the global sachet packaging market. Rapidly increasing urbanization and industrialization are also estimated to benefit sales of sachet packaging in this region going forward. Low costs of raw materials and labor coupled with supportive government initiatives to promote manufacturing activity are also slated to attract sachet packaging manufacturers to this region. India and China are estimated to lead the sachet packaging demand outlook in the Asia Pacific region across the forecast period and beyond.

The North American regional market accounts for the second-largest share of the global sachet packaging market. Growing demand for convenience and packaged foods is slated to bolster the demand for sachet packaging in the food & beverage industry. Increasing focus on branding is slated to promote the adoption of sachet packaging in multiple industry verticals in this region. Canada and the United States are slated to spearhead the demand for sachet packaging in the North American region in the future.

Sachet Packaging Market Report Snapshots

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sachet packaging market size was valued at USD 8.33 billion in 2022 and is poised to grow from USD 8.78 billion in 2023 to USD 13.37 billion by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).

Sachet packaging companies are focusing on experimenting with the use of new sustainable materials to comply with modern standards and satisfy the demand for sustainable packaging solutions. Companies are also focusing on improving the customizability of sachets to create new branding opportunities for companies. Integration of advanced technologies to optimize the sachet packaging manufacturing process will also be a key trend that established as well as incoming companies will focus on going forward. Mergers, collaborations, partnerships, and acquisitions are also slated to be popular strategies opted by all kinds of sachet packaging providers in the long run. 'ProAmpac LLC', 'RCP Ranstadt GmbH', 'Glenroy Inc.', 'Sealed Air Corporation', 'AE Adams (Henfield) Ltd.', 'Constantia Flexibles Group GmbH', 'Paharpur 3P', 'Syntegon Technology GmbH', 'Amcor Plc', 'Clondalkin Group', 'Bemis Company', 'UNICO ITC dba', 'Sharp Packaging Services', 'Huhtamaki Oyj', 'Coveris'

Manufacturers around the world are focusing on opting for convenient packaging solutions for their products to maximize their sales and improve market share as well. Sachets have emerged as highly attractive, convenient, and affordable packaging solutions, which is driving up the demand for sachet packaging solutions around the world.

Rising Adoption of Active Packaging: Sachet packaging companies should focus on the integration of active packaging practices with their products to satisfy the demand for intelligent packaging in industries such as healthcare, food, and beverages. Increasing focus on consumer empowerment is also projected to be a factor that will bolster the demand for active sachet packaging solutions in the future.

The massive consumer base of the Asia Pacific region allows it to account for a dominant share of the sachet packaging market. Rapidly increasing urbanization and industrialization are also estimated to benefit sales of sachet packaging in this region going forward. Low costs of raw materials and labor coupled with supportive government initiatives to promote manufacturing activity are also slated to attract sachet packaging manufacturers to this region. India and China are estimated to lead the sachet packaging demand outlook in the Asia Pacific region across the forecast period and beyond.

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Sachet Packaging Market Regional Insights

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