Global Sachet Packaging Market Report and Forecast 2024-2032

Global Sachet Packaging Market Outlook

The global sachet packaging market size reached a value of around USD 10.31 billion in 2023. The market is expected to grow at a CAGR of 5.5% between 2024 and 2032, reaching a value of USD 16.70 billion by 2032.

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Key Trends in the Market

Sachets are compact, portable packaging options that are sealed and easy to handle. Sachets are little, flexible pouches with seals on all four sides that can contain oil, sauces, ketchup, sugar, cream, shampoo, tea, coffee, and other products. Three or four layers of materials such as aluminium, paper, plastic, and cloth, among others, are used to make sachet packaging. 

• The sachet packaging market growth is expanding as a result of rising demand for packaging items in small amounts across a variety of industries, including food and beverage, pharmaceuticals, cosmetics, and personal care.

• Due to their low cost, convenience, and portability, sachet packaging has been gaining popularity. Sachet packaging also helps to extend the shelf life of products. As a result, selling products like hair oil, lubricants, sauces, coffee, cream, detergents, shampoos, and other items in small quantities has become a viable option.

• Sachets are frequently used for promotional or advertising purposes, such as the free delivery of product samples to customers to raise product awareness. for the Based on the sachet packaging market forecast, the demand is rising as a result of companies' growing propensity for raising consumer awareness towards their products.

Global Sachet Packaging Market Analysis

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Based on material type, the market is bifurcated into plastic and non-plastic. On the basis of size, the market is divided into 1 ml-20 ml, 21 ml-30 ml, and above 30 ml. The market on the basis of application is segmented into pharmaceuticals, food and beverages, and cosmetic and personal care, among others. The regional markets for sachet packaging can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global sachet packaging market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans. 

• Amcor plc

• ProAmpac

• Constantia Flexibles

• Huhtamaki Oyj

• FFP Packaging Ltd

• Mondi plc.

• A E Adams (Henfield) Ltd

• Sealed Air Corporation

• RCP Ranstadt GmbH

• Others

Market Share by Material Type

The plastic segment has accounted for a significant share of the market for sachet packaging due to its extensive use among manufacturers. Polyethylene terephthalate (PET) is a polymer that serves as a barrier and lends strength in most applications. Since plastic has a wide range of properties, including flexibility, lightweight, and hardness and strength, the sachet packaging market employs plastic extensively. However, the growing consciousness regarding harmful environmental impacts of plastics and their propensity to end up in landfills is encouraging the use of non-plastic sachet packaging. The need for single-use goods, travel packs, and trial packs sachet packets is also rising, which will further spur the segment's growth. 

Market Share by Region

The Asia Pacific region is anticipated to experience significant improvements during the forecast period, with a high CAGR. This is a result of the presence of a strong manufacturing base, rapid industrialisation, urbanisation, globalisation, and the development and expansion of the packaging sector. The rising use of sachet packaging by various end-user verticals is another important driver propelling sachet packaging market expansion in this region. Companies involved in the production and distribution of sachet packaging have boosted their investments in the region as a result of rising disposable income and the presence of a large consumer base. Additionally, it is anticipated that the market for sachet packaging will expand in line with the expansion of FMCG categories in countries such as India. 

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Competitive Landscape

Amcor plc, with its headquarters in Australia, is a world pioneer in creating ethical packaging for a variety of products, including food, beverages, pharmaceuticals, and home and personal care goods. Amcor uses a variety of speciality cartons, flexible and rigid packaging, closures, and services to work with leading businesses to safeguard their products and the people who depend on them, differentiate brands, and enhance supply chains. The 1864-founded company focuses on creating packaging that is light, recyclable, and reusable, and made from a greater percentage of recycled materials.

ProAmpac, with its headquarters in Ohio in the United States, is one of the leading global flexible packaging firms with a wide range of products. A broad worldwide marketplace is served by the company's award-winning innovations, industry-leading customer service, and imaginative packaging solutions. To assist its clients in achieving their sustainability goals, ProAmpac's ProActive Sustainability strategy offers cutting-edge sustainable flexible packaging materials.

Constantia Flexibles, which has its headquarters in Vienna, Austria, is one of the top producers of flexible packaging worldwide. In recent years, the company has transformed from a supplier with a strong regional focus on Europe into a group that is involved globally in the most lucrative and rapidly expanding flexible packaging industries. Constantia Flexibles is associated with superior placement, cutting-edge technology, strong customer relationships, and productive facilities.

Other market players include Huhtamaki Oyj, FFP Packaging Ltd, Mondi plc., A E Adams (Henfield) Ltd, Sealed Air Corporation, and RCP Ranstadt GmbH, among others.

Key Highlights of the Report