Press release
2018-2026 Sachet Packaging Market Analysis by Key Players : Amcor Limited, Bemis Company, Inc., Constantia, Sonoco Products Company, Huhtamaki Group, Mondi.
Coherent Market Insights Published a Report "Sachet Packaging Market " with Detail Analysis of market Size, Market Share, and Revenue opportunities based on key Players New Advancement and StrategiesGlobal Forecast 2018-2026
Download PDF Brochure of this Report @ https://www.coherentmarketinsights.com/insight/request-pdf/1045
Increasing demand for packaging small quantities of products in various industries such as cosmetics, personal care, pharmaceuticals, food and beverages, is in turn, driving growth of the sachet packaging market. Sachets are commonly used for advertising or demonstration purposes such as free distribution of product samples among consumers, to create product awareness. The increasing inclination of companies towards product awareness, is in turn, boosting demand for sachet packaging.
Among package sizes, the 1ml to 10ml segment is the largest segment attributing to the increasing demand for sachet packaging in single-dose application products, trial packs, and travel packs. Among applications, the cosmetics and personal care segment accounted for the largest segment due to its affordability and ease of use. Various cosmetics and personal care product manufacturers provide trial packs, as a marketing strategy to increase the market penetration of the product.
North America is the second-largest market for sachet packaging due to increasing demand from end-use industries including food and beverages, cosmetics, personal care products, and pharmaceuticals and presence of large retail sector.. The total food stores sales in Canada was US$ 115,561 million in 2015, which increased to US$ 118,859 million in 2016, according to Ministry of Food Agriculture and Rural Affairs, Ontario. Significant demand for sachet packaging in this region is attributed to the growing food sector.
Sachet packaging market was valued at US$ 7,185.8 million in 2016 and is projected to register a CAGR of 6.27% in terms of revenue, over the forecast period.
Various companies are developing new technologies that are contributing to growth of the sachet packaging market. For instances, in May 2017, Unilever introduced new technology called CreaSolv Process to recycle sachet waste, in which sachets would be converted to plastics and reused. This would decrease the waste generated by plastic sachets.
Table of Contents
1. Research Objective and Assumptions
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
Market Definition and Scope
o Executive Summary
Market Snippet, By Material Type
Market Snippet, By Packaging Size
Market Snippet, By Application
Market Snippet, By Region
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New Product Approvals/Launch
Promotion and Marketing Initiatives
o Cost Tier Down Analysis
4. Global Sachet Packaging Market, By Material Type, 2017- 2025, (US$ Million & KT)
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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