Global Sachet Packaging Market Report and Forecast 2024-2032

Global Sachet Packaging Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global sachet packaging market reached a value of around USD 10.31 billion in 2023. Aided by the rising demand for single-use packaging solutions and the adoption of sachet packaging across various industries, 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.

Sachet packaging, characterised by its compactness and efficiency, has become an indispensable part of modern packaging solutions. These are small-sized packets designed to hold a specific quantity of product, ranging from liquid to granular forms. Primarily employed for products like condiments, shampoo, or instant coffee, sachets offer portion control, convenience, and cost-effectiveness, making them particularly appealing to both consumers and manufacturers.

A pivotal force driving the sachet packaging market growth is the accelerating consumer demand for on-the-go, convenient products. With bustling lifestyles and a growing urban populace, there's a discernible shift towards products that promise convenience without compromising on quality. Sachets, with their single-use nature, cater precisely to this demand, making them a preferred choice for food and beverage items, cosmetics, and even pharmaceutical products.

In addition, the growth of the travel and hospitality sector has significantly augmented the sachet packaging market demand. Travel-friendly sizes of personal care items, like shampoos, conditioners, or lotions, offered in hotels and flights, largely employ sachet packaging, capitalising on its space-saving and cost-effective features.

From an industrial perspective, sachet packaging offers brands an economical means of product sampling. Brands can introduce new products in sachet formats, providing consumers a trial before making a full-sized purchase. This not only facilitates product promotion but also builds brand trust and loyalty.

Furthermore, the sustainability wave has started influencing sachet packaging. With mounting concerns over environmental impacts, there's a concerted push towards the development of biodegradable and recyclable sachet materials. Innovations in this domain are anticipated to pose a positive impact on the sachet packaging market outlook, with eco-friendly sachets expected to gain notable traction.

The global sachet packaging market exhibits a blend of consumer demand for convenience and industry's need for cost-effective, efficient packaging solutions. As innovations continue to reshape the landscape and sustainability becomes central to packaging strategies, sachet packaging is set to retain its prominence, meeting the diverse needs of modern consumers and industries alike.

Market Segmentation

The market can be divided based on material type, size, application, and region.

Market Breakup by Material Type

• Plastic
• Non-Plastic

Market Breakup by Size

• 1 ML-20 ML
• 21 ML-30 ML
• Above 30 ML

Market Breakup by Application

• Pharmaceuticals
• Food and Beverages
• Cosmetic and Personal Care
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global sachet packaging market. Some of the major players explored in the report by Expert Market Research are as follows:

• Amcor plc
• ProAmpac
• Constantia Flexibles
• Huhtamaki Oyj
• FFP Packaging Ltd
• Mondi plc.
• A E Adams (Henfield) Ltd
• Sealed Air Corporation
• RCP Ranstadt GmbH
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.