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

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

Sachet Packaging Market Insights

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).

Sachet packaging is a packaging format made from three or four layers of packaging material. This type of packaging is usually very inexpensive and takes up less space, which makes it ideal for transportation purposes as well. Sachet packaging is popularly used for the packing of powders, capsules, and liquids. Integration of active packaging ingredients in sachet packaging is projected to be a key trend that most companies will focus on in the future. The surging popularity of convenience products and high demand for small-form-factor packaging solutions across different industry verticals is also estimated to bolster the demand for sachet packaging in the future. Sachet packaging is also highly customizable, which makes them a perfect choice for companies looking to brand their products and market them in a unique way. Constantly changing consumer preferences are also estimated to influence the sales of sachet packaging in the long run.

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 Insights

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