Press release
Sachet Packaging Market to Reach $15.5 bn by 2031 | Clondalkin Group, constantia flexibles, Mondi
Sachet packaging plays a vital role in facilitating the efficient movement of goods from one point to another within various industries. Whether it's the transportation of raw materials from distant production sites to refineries or the distribution of finished products to end-users, pipelines serve as essential conduits in this process.Market Statics:
The sachet packaging market size was valued at $9.0 billion in 2021, and is estimated to reach $15.5 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.
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Driving Factors:
The demand for safe and economical transportation of hazardous chemicals and petroleum products is on the rise, prompting the need for enhanced public awareness regarding environmental concerns associated with pipelines. Governments are increasingly investing in wastewater treatment plants to address water pollution issues and promote the reuse of freshwater resources, underscoring the importance of sustainable practices in infrastructure development.
Furthermore, advancements in data management, information technology, and security protocols are essential for safeguarding pipeline transportation against potential threats such as sabotage and military interventions, particularly during times of conflict.
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Segmentation Based On:
The global sachet packaging market is segmented based on material type, size, application, and region.
On the basis of material type, the market is segmented into plastic and non-plastic. In 2021, the plastic segment accounted for the largest share of 92.47% of the overall market.
On the basis of size, the market is categorized into 1ml-20ml, 21ml-30ml, and above 30ml. The 21ml-30ml segment held the largest market share of 50.41% of the sachet packaging market in 2021. Based on application, the market is segmented into cosmetic and personal care, food and beverage, pharmaceuticals, and others.
The cosmetic and personal care segment held the largest market share of 50.2% in 2021. On the basis of region, the sachet packaging market share is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific region will dominate the market in 2021.
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Top Players:
Clondalkin Group, constantia flexibles, Mondi Group, Syntegon Technology GmbH, Amcor Plc, Huhtamaki Group, Sealed Air, ProAmpac Holdings LLC, coveris, Sonoco Products Company
Moreover, the burgeoning global population is driving the demand for everyday essentials like water, milk, and petroleum products such as kerosene, diesel, and gasoline. This surge in demand presents significant opportunities for the sachet packaging market, which plays a crucial role in ensuring the efficient delivery and distribution of these essential goods to consumers worldwide.
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