Sachet Packaging Market: 1 ml – 2ml Segment by Pack Size to Nearly Double in Value Terms

The latest report published by Future Market Insight (FMI) on the global sachet packaging market reveals that increasing preference of unit dose packaging is boosting the sales of sachet packaging across the globe. Moreover, affordability of sachets is facilitating its penetration in emerging markets such as China, India and Brazil.

As per the report, more than US$ 6,757 Mn worth sachet packaging is likely to be sold by 2017-end, this figure is estimated to reach US$ 12,412.4 Mn towards the end of 2027, reflecting a CAGR of 5.8%. At the same time, availability of alternative flexible packaging solutions might hamper the growth of the global sachet packaging market.

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Among regions, North America is currently the largest market for sachet packaging, however, it is expected to witness a steep decline, over the forecast period. Whereas, the market in Asia Pacific excluding Japan (APEJ) is anticipated to witness a sharp rise over 2027. This is primarily owing to low pricing point of per ml of sachet as compared to bottles or a larger pack size in many of the South-East Asian countries.

Based on pack size, the 1 ml – 10 ml segment will retain its top position over the forecast period. Currently, the most used standard size for sachet sampling and single-use is 7.5 ml, which falls in the 1 ml – 10 ml range, making it the most attractive pack size segment of the market.

By material type, plastic sachet packing will continue to be the most sough-after in 2017 and beyond. This is mainly due to certain characteristics of plastic, which makes it an apt material for sachet package manufacturing.

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Based on application, use of sachet is expected to remain substantially high in personal care & cosmetics product packaging as well as in packing of processed food.

Some of the leading companies profiled in FMI’s report include Amcor Limited, Bemis Company, Inc, Uflex Ltd., Sealed Air Corporation, Mondi Plc, Constantia Flexibles Group GmbH, Glenroy, Inc., Huhtamaki Oy, Clondalkin Group Holdings B.V., Ampac Holdings LLC, AE Adams (Henfield) Ltd., Paharpur 3P, Printpack, Inc., RCP Ranstadt GmbH, Sharp Packaging Services, Lindopharm GmbH, Deve-pack

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Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.

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This release was published on openPR.