Sachet Packaging Market Research Report Global Forecast till 2033
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
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