Sachet packaging Market Size, Share, Trends, Growth and Forecast 2032

Sachet packaging Market Insights

According to the report published by Zion Market Research, the global Sachet packaging Market size was valued at USD 9.11 Billion in 2023 and is predicted to reach USD 14.50 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.3% during the forecast period. The report analyzes the global Sachet packaging Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Sachet packaging industry.

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Global Sachet Packaging Market: Overview

Sachets are sealed, small, handy, and portable packaging solutions that offer convenient management of the product. In contrast to the bulk packaging material that has a greater effect on packaging costs and storage space, sachet packets take up very little space and are less expensive to transport. Sachets can be available in flat shape with the provision of sided sealing. Sachet packaging can be used for numerous applications such as sauces, coffee, cream, detergents, hair oil, lubricants, mouth fresheners, and shampoos. The low cost of sachet helps to gain the demand from the middle-class population. Sachet packaging products have been gaining grip owing to their customizable, eco-friendly, and compact features.

Global Sachet Packaging Market: Growth Factors

The global sachet packaging market is growing at a lucrative rate. Factors that are fueling the growth of the global market include rapid industrialization and increasing demand for single-serve packaging from end-users such as pharmaceuticals, food & beverages, and consumer goods. The increasing need for portable & convenient packaging and handy packaging is expected to enhance the demand of the sachet packaging market. In addition to this, increasing demand for ready food among the millennial population is likely to propel the market growth. The growing middle-class population, changing lifestyle and busy schedules of working professionals positively impact the sachet packaging market. All these factors are spurring the growth of the global sachet packaging market.

Moreover, the rapid growth of the sachet packaging market can be accredited to cost-effective packaging solutions in pharmaceuticals, food & beverage, cosmetic, and personal care products. However, cost-effective alternatives available in the market such as flexible packaging and stick packaging provided by local vendors may hamper demand for sachet packaging and are expected to restrain the market growth. Furthermore, the leading players operating in the market are focusing on offering advanced packaging solutions such as packaging automation which in turn is likely to generate lucrative opportunities for the sachet packaging market in the forecast period.

The current concern over the spread of novel COVID-19 is expected to show a significant impact on the global sachet packaging market. Due to the sudden outbreak of COVID-19, manufacturing industries have been affected miserably. This is attributed to impose stringent rules by the government on the production, distribution cycle and limitations on transportation. However, sachet packaging is widely used in pharmaceuticals and the food & beverage industry which in turn sustain the demand of the market during a pandemic. The sustainable growth of sachet packaging can also affect the key players owing to supply chain disruption, raw material unavailability, and travel restrictions. Further, the unavailability of laborers is making leading players switch towards the adoption of automated packaging to meet the required demand from the healthcare industry during a pandemic.

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Global Sachet Packaging Market: Segmentation

The global sachet packaging market is divided based on material type, application, and region.

Based on type, the global sachet packaging market is split into plastic, paper, cellulosic, and aluminum foil.

The application segment is bifurcated into food & beverage, cosmetic & personal care, pharmaceuticals, industrial & consumer goods, and others. Among these, cosmetic & personal care industry is expected to offer lucrative opportunities for the growth of the market.

Sachet packaging Market: Report Scope

Global Sachet Packaging Market: Regional Analysis

Asia Pacific region is projected to hold the largest share in the global sachet packaging market and is expected to continue its dominance during the forecast period. Factors such as the increasing disposable income of consumers and the growing need for convenient packaging in traveling drives the demand for the sachet packaging market. There is a large consumer base in this region as a result of growing investments by companies involved in the manufacturing and distribution of global sachet packaging. As sachets are cheaper than bottles in countries like China and India, more people are experimenting with single-use sachets. A large market share is attributed to the low cost of sachets. This is attributed to the presence of a price-sensitive population. Furthermore, North American region is anticipated to witness a large demand for the sachet packaging market during the forecast period.

Global Sachet Packaging Market: Competitive Players

The global sachet packaging market is highly fragmented owing to the presence of several domestic players.

• Amcor Limited
• Bemis Company, Inc.
• Sonoco Products Company
• Ampac Holding
• Constantia Flexible Group GmbH
• Coveris Management GmbH
• EPOCA Products S.A.
• RCP Ranstadt GmbH
• Huhtamaki Group.
• Glenroy, Inc.

are some of the prominent players that are operational in the global sachet packaging market. Due to increased applications in the market, key players have also begun participating in marketing campaigns and promotions. Companies are investing in new product launches and product innovation that can gain an advantage in the market by facilitating organic strategies.

The Global Sachet packaging Market is segmented as follows:

By Material type 

• plastic 
• paper 
• cellulosic
• aluminum foil

By Application 

• food & beverage
• cosmetic & personal care
• pharmaceuticals
• industrial & consumer goods 
• and others

Global Sachet Packaging Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.