Press release
Sachet Packaging Market Size to Worth Around US$ 13.32 Bn by 2031ProAmpac LLC, RCP Ranstadt GmbH, Glenroy Inc.
Sachet Packaging Market
The global sachet packaging market is estimated to be valued at US$ 9.22 Bn in 2024 and is expected to reach US$ 13.32 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Market Dynamics:
The growing end-use industries like food & beverage, pharmaceuticals, and personal care are driving the demand for sachet packaging. The food & beverage industry in particularly witnesses high demand for sachet packaging of condiments, seasonings, snacks etc. owing to the affordability and ease of consumption these formats provide. Additionally, the rising urbanization and busy lifestyles have increased the demand for small packaged on-the-go consumables. This has significantly contributed to the growth of the sachet packaging market. Furthermore, sachet packages provide opportunities for brand sampling and trialling for companies operating in the personal care and pharmaceutical industries before consumers commit to full-sized packages.This favors market growth over the forecast period.
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Major Market Drivers
Growth of Packaged Food Industry Drives Demand for Sachet Packaging
The packaged food industry has witnessed significant growth over the past few years with increasing urbanization and changing consumer lifestyles. Sachet packaging has emerged as a convenient format for packaged foods, especially in emerging economies where consumers have lower purchasing power. The affordability of sachet packaging allows food manufacturers to offer their products in affordable single-serve sizes. This has boosted the volume demand for sachet packaging from food companies.
Major Market Opportunity
Growing Ecommerce Sector Drives Opportunities in E-commerce Packaging
The rapid growth of e-commerce has boosted the demand for convenient small sized packaging solutions for shipping products safely. Sachet packaging is increasingly being used for parcel and product protection in e-commerce shipments. Food brands are offering sachet sized samples of new products online. E-commerce companies are also piloting the idea of using edible food films made from materials like alginate and cassava starch for primary packaging of snacks and sauces. This opens up new opportunities for innovation and commercialization of edible sachet types targeted towards the booming e-commerce sector.
Key Market Trend
Shift Towards more Sustainable Materials Propels Innovation
With rising awareness about environmental impact of plastic waste, sachet packaging manufacturers are innovating materials to make their offerings more sustainable. Biodegradable films made from starch, wood pulp etc. are gaining ground. Compostable sachets are also emerging as an eco-friendly substitute. Suppliers focus on developing recyclable multi-layer laminates and mono-materials to improve recyclability. Bio-based resins, bioplastics, and paper-based substrates are few trends contributing to sustainable progress in sachet packaging industry. Introduction of recycle-ready designs and automated sorting technologies will further encourage shifting to circular business models.
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Top Companies Featured in This Report:
★ 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
★ Paharpur 3P
★ Sonoco
★ Pouch Makers
★ Packman
★ Paras Printpack
Market Segmentation:
By Product Type:
★ By Material Type: Plastic (Polyethylene (PE), Polypropylene (PP), Biaxially-oriented Polyethylene Terephthalate (BoPET), Ethylene Vinyl Alcohol (EVOH), Others), Aluminum Foils , Paper , and Others
★ By Package Size: 01ml - 10ml , 11ml - 20ml , 21ml - 30ml , and Others
By Applications:
★ By Application: Food & Beverage , Pharmaceuticals , Cosmetic & Personal Care , Industrial & Consumer Goods , and Others
Key Regions/Countries are Classified as Follows:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Reasons to Obtain Our Comprehensive Market Report:
• Conduct an extensive analysis of various aspects of the Sachet Packaging Market utilizing Porter's Five Forces framework.
• Gain insights into the growth rate and market shares of different product types and applications/end-users within the Sachet Packaging Market.
• Explore the Sachet Packaging Market dynamics across different regions through comprehensive regional analysis.
• Assess the impact of Covid-19 on the Sachet Packaging Market with a meticulous research approach.
• Stay updated on the latest developments, market shares, and strategies of key market players within the Sachet Packaging Market.
• Delve into a thorough evaluation of the market strategies, geographical presence, and business segments of the top players in the Sachet Packaging Market.
• Anticipate key challenges, product advancements, and solutions that may influence the market's progression and threats.
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Key Questions Answered:
• What was the size of the Sachet Packaging Market in 2021, and what will it be worth by 2030?
• What is the current global scenario for the Sachet Packaging Market?
• What are the optimal business strategies for maximizing growth potential?
• What are the recent trends in the Sachet Packaging Market?
• What is the market share in terms of revenue, sales, and size in specific geographical regions?
• Who are the key industry players in the Sachet Packaging Market?
• Which segments of the Sachet Packaging Market are in high demand?
Author Bio:
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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