Sachet Packaging Market Size was valued at USD 8.5 Billion in 2022. The Sachet Packaging market is projected to grow from USD 9.0 Billion in 2023 to USD 14.0 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.70% during the forecast period (2024 - 2032). The growing middle class population, changing lifestyles, and increasing demand for compact and affordable packaging solutions in the food and beverage, pharmaceutical, cosmetic, and personal care industries are the key market drivers enhancing the market growth.Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The expansion of the worldwide packaging industry is being driven by the rising need for compact, hygienic, and practical packaging. Food producers are concentrating more on mitigating the effects of viral outbreaks in the future. The need for sachet packing has consequently increased as a result of this. Since the coronavirus outbreak, there has been an increase in demand for hand sanitizers to carry out fundamental hygiene procedures. The fact that most hand sanitizers come in sachet packaging encourages the expansion of the global market.
Due to the low product waste and high demand, sachet packaging is also economical for packing and distribution operations. Additionally, there are a lot of potential for market expansion during the anticipated timeframe due to the quick increase in the use of recyclable and sustainable materials for sachet manufacture. The availability of major market participants and their emphasis on the introduction of cutting-edge products also increases the demand for small-size packaging. The rising need for portable and practical packaging solutions drives the market value. Another important reason that is offering enormous chances for market growth over the anticipated timeframe is the rising demand for sachet packaging from the food and beverage industry.
For both customers and manufacturers, sachet packing is a more cost-effective option than conventional packaging. A large number of end users have attractive chances to embrace these products and draw in customers from low-income groups thanks to significant advancements in materials and machinery. Sachets are also thought to be very economical for sample and advertising. Several brands produce the product in tiny batches for user trials during product launches (typically 3–5ml). Customers are able to test the product out before upgrading to larger pack sizes for greater purchases. Additionally, it leads to greater market penetration of sachets as the optimum packaging option for product sample, fostering expansion of the global market. Thus, driving the sachet packaging market revenue.
Based on material, the sachet packaging market segmentation is subdivided into Plastic and Non-Plastic. Plastic is a common material type utilized for sachet packaging despite intolerance for its use, as a result of its high popularity among producers. PET is typically utilized as a barrier to give strength. The layer's ability to be printed makes it a crucial component of brand advertising and promotion, making it the material of choice of option for sachet makers. As a result of its lightweight nature and higher tensile strength when compared to other plastic materials, polyethylene is predicted to be the most popular material for sachets. Comparing sachet packing to traditional packaging, both manufacturers and customers can afford it considerably more easily. End users have profitable potential to adopt sachet packaging for their products and to draw in low-income areas thanks to advancements in sachet packaging machines and materials.
Based on size, the sachet packaging market segmentation is subdivided into 1ml - 20ml, 21ml - 30ml, and Above 30 ml. Due to the rising product demand for single-dose application solutions, trial packs, and travel packs, the 1 ml - 20 ml category is the market leader. These can be used to sample sauces, condiments, seasonings, shampoo, and other healthcare and beauty items, which is expected to boost industry expansion. The ‘miniaturization' trend in packaging has been driven by the growing consumer desire for convenience and 'on-the-go' adaptability of products, however the sachet packaging format has largely been limited to food and cosmetic & personal care products.
Figure 1: Sachet Packaging Market, by Size, 2022 & 2032 (USD Billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Based on application, the sachet packaging market segmentation is segmented into Cosmetic and Personal Care, Food and Beverage, Pharmaceuticals, and Others. As a marketing tactic to increase a product's market penetration, numerous cosmetics and personal care product makers provide trial packs. The most popular packaging materials used in the skincare industry are plastic sachets. Deodorants and other items made specifically for babies and children are driving this segment's strong rise. The demand for men's skincare products and deodorants has also increased, which fuels the expansion of the personal care & cosmetics sector.
By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific sachet packaging market held the largest share. The Ministry of Commerce & Industry of the Government of India's India Brand Equity Foundation (IBEF), an initiative, estimates that the Fast-Moving Consumer Goods (FMCG) sector in India will accelerate market growth in the area. Household & personal care, healthcare, and food & beverages are key FMCG areas in India that contribute to the market's astronomical expansion in the Asia Pacific region. Moreover, China’s sachet packaging market held the largest market share, and the Indian sachet packaging market was the fastest growing market in the Asia-Pacific region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the U.S., Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: SACHET PACKAGING MARKET SHARE BY REGION 2022 (%)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Due to growing demand from numerous end-use sectors and a sizable retail sector, North America sachet packaging market is the second-largest market. Further, the U.S. sachet packaging market held the largest market share, and the Canada sachet packaging market was the fastest growing market in the North America region.
The Europe sachet packaging market is anticipated to increase steadily over the forecast period. The greatest cosmetic industry's presence in the region is what's driving the regional market expansion. Further, the German sachet packaging market held the largest market share, and the U.S. sachet packaging market was the fastest growing market in the European region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Sachet Packaging market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Sachet Packaging industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Sachet Packaging industry to benefit clients and increase the market sector. In recent years, the Sachet Packaging industry has offered some of the most significant advantages to medicine. Major players in the Sachet Packaging market, including Amcor Plc, ProAmpac Holdings LLC, constantia flexibles, Huhtamaki Group, Sonoco Products Company, Mondi Group, Sealed Air, coveris, Clondalkin Group, Syntegon Technology GmbH.
Fast-moving consumer goods are produced and supplied by Unilever Plc (Unilever). The company's product line includes a variety of foods, beverages, home care items, cosmetics, personal care items, and vitamins, minerals, and dietary supplements. Bango, Ben & Jerry's, Hellmann's, Knorr, Magnum, The Vegetarian Butcher, Wall's, Axe, Dove, Lifebuoy, Lux, Rexona, Sunsilk, Domestos, Omo, Seventh Generation, Equilibra, Liquid I.V., and SmartyPants are just a few of the brands that it sells items under. It offers merchandise for sale to brick-and-mortar store partners, little family-run businesses, online merchants, and discount merchants. The company has operations throughout the Middle East, Africa, the Americas, Europe, and Asia-Pacific. London, England, is home to Unilever's corporate headquarters. Unilever and Mondi, a British multinational packaging and paper company, began working together in July 2022. The collaboration intended to create recyclable, aluminum-free paper-based packaging for Colman's sauce and meal maker product lines.
Packaging solutions are provided by Amcor Plc (Amcor). Pet bottles, plastic bottles and jars, capsules and closures, customized folding cartons, free films, bags and pouches, wrappers, rigid containers, laminates, and flow packs are just a few of the plastic, fiber, metal, and glass packaging products it offers. Products from the company are used in a variety of technical applications as well as the beverage, food, pharmaceutical, medical device, homecare, personal care, and animal care industries. Additionally, it services the markets for healthcare, pharmaceuticals, personal care, and home goods. The corporation has operations throughout Oceania, North America, Western Europe, and the Asia-Pacific region. The U.S. city of Bristol serves as the headquarters of Amcor. Amcor announced the deployment of high barrier plastic sachets for chocolate packaging in Columbia in June 2021. The powered chocolate is primarily protected from ambient humidity and carbon impact. Recycling the 25-gram packet will cut water use by 84% and carbon emissions by 53%.
April 2021 - Propak, a significant player in the European packaging market, was acquired by Constantia Flexibles. The acquisition creates tremendous synergy potentials and establishes the company's film packaging position in the fast expanding market segment.
July 2021 - SnappD, a brand-new and cutting-edge business unit from Origin Group, was unveiled. The device provides "first of its kind" 100% recyclable and brandable single-dose sachets for a variety of businesses, including pharmaceuticals, sports nutrition goods, beverages, and personal care.
September 2019 - A Russian business conglomerate called TT, which is now known as Constantia TT, was acquired by Constantia Flexibles. Constantia TT's pharmaceutical product line is mostly made up of blister foil, sachets, and cold-form materials.
Sachet Packaging Size Outlook
Sachet Packaging Material Outlook
Sachet Packaging Application Outlook
Sachet Packaging Regional Outlook
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