Sachet Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Sachet Packaging Market
The sachet packaging market size was reached at a value of USD 8.75 billion in 2023, and the market is now projected to rise from USD 9.21 billion in 2024 to USD 14.19 billion by 2032, exhibiting a CAGR of 5.54% during the forecast period of 2024-2032.
The COVID-19 pandemic created significant challenges on the economic growth of businesses and slowed down the sachet packaging market growth. Covid-19 pandemic has hindered the supply chain and restricted the people to their homes which has lowered the buying of products. The COVID-19 pandemic had a tremendous global impact. Major players encountered multiple issues and disruptions in their supply chain. However, the situation improved in the second part of 2022, as additional supplies became available.
The growing demand for tiny and clean packaging of goods is fueling sachet packaging market growth. Food makes prioritize sustaining the impact of viral pandemic which has resulted in huge demand for sachet packaging market growth. Most of the products such as hand sanitizers, shampoos, and others come in sachet packaging contributing market growth. Sachet packaging reduces product waste and is in high demand, making it cost-effective for distribution and packing. The increasing use of recyclable and sustainable materials in sachet manufacturing presents significant prospects for market expansion in the next years. Manufacturers are putting their emphasis on innovative product development to deliver portable convenient packaging augmenting market growth. The food and beverage sector's increasing demand for sachet packaging presents significant market growth prospects in the coming years.
Additionally, due to expansion of active packaging in sachets the market is driving. Active antimicrobial packaging prevent food from pathogenic bacteria from growing and spoiling fueling market growth. Sachets for collecting oxygen and carbon dioxide are widely available and can be found in roasted ground coffee containers. This generates attractive growth prospects and is expected to drive market expansion during the forecast period.
Comprehensive Analysis of Sachet Packaging Market
The sachet packaging market is rising with an exponential rate due to its market segmentation. This market expansion effectively provides a detailed geographical assessment considering the dominant supply and demand forces that impact the Packaging management industry. These segmentations are methodically segregated by types of medical, by size and by end users. The types of Material segment include Paper, Aluminum Foil, Plastic, and By Size segment include 1 ml-10 ml, 21 ml-30 ml, 11 ml-20ml, 30 ml and Above, By End-user segment include Pharmaceuticals, Food & Beverages, Consumer Goods, Personal Care & Cosmetics.
In the sachet packaging market, Asia Pacific region lead the packaging devices market by benefitting a market size of USD 3.49 billion in 2023 owing to expansion of active packaging in sachets, large retail sector and fast-moving consumer goods.
The top players in the market play a crucial role in the packaging industry assuring industrial prospectus growth and setting market standards. These players include, Paharpur 3p (India), Sonoco Products Company (U.S.), Huhtamaki (Finland), Constantia Flexible Group GmbH (Austria), ProAmpac (U.S.), Coveris (Austria), Mondi (U.K.), Amcor (Australia), Clondalkin Group (Netherlands), Unico ITC dba (U.S.), Glenroy Inc. (U.S.) and Amber Packaging Industries LLC (UAE) these market players provide a level-playing competitive landscape.
In July 2022, Unilever, a British global consumer goods corporation, has collaborated with Mondi, a British multinational packaging and paper conglomerate. The alliance aims to create aluminum-free, recyclable paper-based packaging for Colman's sauces and meal maker line.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 5.54% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Material
Paper
Plastic
Aluminum Foil
By Size
1 ml-10 ml
11 ml-20ml
21 ml-30 ml
30 ml and Above
By End-user
Food & Beverages
Pharmaceuticals
Personal Care & Cosmetics
Consumer Goods
By Region
North America (By Material, Size, End-user, and Country)
- U.S. (By Material)
- Canada (By Material)
Europe (By Material, Size, End-user, and Country)
- U.K. (By Material)
- Germany (By Material)
- France (By Material)
- Italy (By Material)
- Spain (By Material)
- Russia (By Material)
- Rest of Europe (By Material)
Asia Pacific (By Material, Size, End-user, and Country)
- China (By Material)
- India (By Material)
- Japan (By Material)
- Australia (By Material)
- Southeast Asia (By Material)
- Rest of Asia Pacific (By Material)
Latin America (By Material, Size, End-user, and Country)
- Brazil (By Material)
- Mexico (By Material)
- Rest of Latin America (By Material)
Middle East & Africa (By Material, Size, End-user, and Country
- GCC (By Material)
- South Africa (By Material)
- Rest of Middle East & Africa (By Material)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Regions
- 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
- 4.3. Latest Technological Advancement
- 4.4. Insights on Regulatory Scenario
- 4.5. Porters Five Forces Analysis
- 4.6. Impact of COVID-19 on the Market
- 5. Global Oilfield Chemicals Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. By Chemical Type (Value/Volume)
- 5.2.1. Demulsifiers
- 5.2.2. Corrosion Inhibitors
- 5.2.3. Water Clarifiers
- 5.2.4. Biocides
- 5.2.5. Scale Inhibitors
- 5.2.6. Paraffin Inhibitors
- 5.2.7. Hydrogen Sulfide Scavengers
- 5.2.8. Gas Well Foamers
- 5.2.9. Others
- 5.3. By Application (Value/Volume)
- 5.3.1. Drilling
- 5.3.2. Cement
- 5.3.3. Stimulation
- 5.3.4. Production
- 5.4. By Region (Value/Volume)
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 6. North America Oilfield Chemicals Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. By Chemical Type (Value/Volume)
- 6.2.1. Demulsifiers
- 6.2.2. Corrosion Inhibitors
- 6.2.3. Water Clarifiers
- 6.2.4. Biocides
- 6.2.5. Scale Inhibitors
- 6.2.6. Paraffin Inhibitors
- 6.2.7. Hydrogen Sulfide Scavengers
- 6.2.8. Gas Well Foamers
- 6.2.9. Others
- 6.3. By Application (Value/Volume)
- 6.3.1. Drilling
- 6.3.2. Cement
- 6.3.3. Stimulation
- 6.3.4. Production
- 6.4. By Country (Value/Volume)
- 6.4.1. U.S.
- 6.4.1.1. By Application (Value/Volume)
- 6.4.1.1.1. Drilling
- 6.4.1.1.2. Cement
- 6.4.1.1.3. Stimulation
- 6.4.1.1.4. Production
- 6.4.1.1.5. Others
- 6.4.2. Canada
- 6.4.2.1. By Application (Value/Volume)
- 6.4.2.1.1. Drilling
- 6.4.2.1.2. Cement
- 6.4.2.1.3. Stimulation
- 6.4.2.1.4. Production
- 6.4.3. Mexico
- 6.4.3.1. By Application (Value/Volume)
- 6.4.3.1.1. Drilling
- 6.4.3.1.2. Cement
- 6.4.3.1.3. Stimulation
- 6.4.3.1.4. Production
- 7. Europe Oilfield Chemicals Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Key Findings / Summary
- 7.2. By Chemical Type (Value/Volume)
- 7.2.1. Demulsifiers
- 7.2.2. Corrosion Inhibitors
- 7.2.3. Water Clarifiers
- 7.2.4. Biocides
- 7.2.5. Scale Inhibitors
- 7.2.6. Paraffin Inhibitors
- 7.2.7. Hydrogen Sulfide Scavengers
- 7.2.8. Gas Well Foamers
- 7.2.9. Others
- 7.3. By Application (Value/Volume)
- 7.3.1. Drilling
- 7.3.2. Cement
- 7.3.3. Stimulation
- 7.3.4. Production
- 7.4. By Country (Value/Volume)
- 7.4.1. Germany
- 7.4.1.1. By Application (Value/Volume)
- 7.4.1.1.1. Drilling
- 7.4.1.1.2. Cement
- 7.4.1.1.3. Stimulation
- 7.4.1.1.4. Production
- 7.4.2. U.K.
- 7.4.2.1. By Application (Value/Volume)
- 7.4.2.1.1. Drilling
- 7.4.2.1.2. Cement
- 7.4.2.1.3. Stimulation
- 7.4.2.1.4. Production
- 7.4.3. France
- 7.4.3.1. By Application (Value/Volume)
- 7.4.3.1.1. Drilling
- 7.4.3.1.2. Cement
- 7.4.3.1.3. Stimulation
- 7.4.3.1.4. Production
- 7.4.4. Italy
- 7.4.4.1. By Application (Value/Volume)
- 7.4.4.1.1. Drilling
- 7.4.4.1.2. Cement
- 7.4.4.1.3. Stimulation
- 7.4.4.1.4. Production
- 7.4.5. Spain
- 7.4.5.1. By Application (Value/Volume)
- 7.4.5.1.1. Drilling
- 7.4.5.1.2. Cement
- 7.4.5.1.3. Stimulation
- 7.4.5.1.4. Production
- 7.4.6. Rest of Europe
- 7.4.6.1. By Application (Value/Volume)
- 7.4.6.1.1. Drilling
- 7.4.6.1.2. Cement
- 7.4.6.1.3. Stimulation
- 7.4.6.1.4. Production
- 8. Asia-Pacific Oilfield Chemicals Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. By Chemical Type (Value/Volume)
- 8.2.1. Demulsifiers
- 8.2.2. Corrosion Inhibitors
- 8.2.3. Water Clarifiers
- 8.2.4. Biocides
- 8.2.5. Scale Inhibitors
- 8.2.6. Paraffin Inhibitors
- 8.2.7. Hydrogen Sulfide Scavengers
- 8.2.8. Gas Well Foamers
- 8.2.9. Others
- 8.3. By Application (Value/Volume)
- 8.3.1. Drilling
- 8.3.2. Cement
- 8.3.3. Stimulation
- 8.3.4. Production
- 8.4. By Country (Value/Volume)
- 8.4.1. China
- 8.4.1.1. By Application (Value/Volume)
- 8.4.1.1.1. Drilling
- 8.4.1.1.2. Cement
- 8.4.1.1.3. Stimulation
- 8.4.1.1.4. Production
- 8.4.2. India
- 8.4.2.1. By Application (Value/Volume)
- 8.4.2.1.1. Drilling
- 8.4.2.1.2. Cement
- 8.4.2.1.3. Stimulation
- 8.4.2.1.4. Production
- 8.4.3. Japan
- 8.4.3.1. By Application (Value/Volume)
- 8.4.3.1.1. Drilling
- 8.4.3.1.2. Cement
- 8.4.3.1.3. Stimulation
- 8.4.3.1.4. Production
- 8.4.4. South Korea
- 8.4.4.1. By Application (Value/Volume)
- 8.4.4.1.1. Drilling
- 8.4.4.1.2. Cement
- 8.4.4.1.3. Stimulation
- 8.4.4.1.4. Production
- 8.4.5. Rest of Asia Pacific
- 8.4.5.1. By Application (Value/Volume)
- 8.4.5.1.1. Drilling
- 8.4.5.1.2. Cement
- 8.4.5.1.3. Stimulation
- 8.4.5.1.4. Production
- 9. Latin America Oilfield Chemicals Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. By Chemical Type (Value/Volume)
- 9.2.1. Demulsifiers
- 9.2.2. Corrosion Inhibitors
- 9.2.3. Water Clarifiers
- 9.2.4. Biocides
- 9.2.5. Scale Inhibitors
- 9.2.6. Paraffin Inhibitors
- 9.2.7. Hydrogen Sulfide Scavengers
- 9.2.8. Gas Well Foamers
- 9.2.9. Others
- 9.3. By Application (Value/Volume)
- 9.3.1. Drilling
- 9.3.2. Cement
- 9.3.3. Stimulation
- 9.3.4. Production
- 9.4. By Country (Value/Volume)
- 9.4.1. Brazil
- 9.4.1.1. By Application (Value/Volume)
- 9.4.1.1.1. Drilling
- 9.4.1.1.2. Cement
- 9.4.1.1.3. Stimulation
- 9.4.1.1.4. Production
- 9.4.2. Rest of Latin America
- 9.4.2.1. By Application (Value/Volume)
- 9.4.2.1.1. Drilling
- 9.4.2.1.2. Cement
- 9.4.2.1.3. Stimulation
- 9.4.2.1.4. Production
- 10. Middle East & Africa Oilfield Chemicals Market Analysis, Insights and Forecast, 2019-2032
- 10.1. Key Findings / Summary
- 10.2. By Chemical Type (Value/Volume)
- 10.2.1. Demulsifiers
- 10.2.2. Corrosion Inhibitors
- 10.2.3. Water Clarifiers
- 10.2.4. Biocides
- 10.2.5. Scale Inhibitors
- 10.2.6. Paraffin Inhibitors
- 10.2.7. Hydrogen Sulfide Scavengers
- 10.2.8. Gas Well Foamers
- 10.2.9. Others
- 10.3. By Application (Value/Volume)
- 10.3.1. Drilling
- 10.3.2. Cement
- 10.3.3. Stimulation
- 10.3.4. Production
- 10.4. By Country (Value/Volume)
- 10.4.1. Saudi Arabia
- 10.4.1.1. By Application (Value/Volume)
- 10.4.1.1.1. Drilling
- 10.4.1.1.2. Cement
- 10.4.1.1.3. Stimulation
- 10.4.1.1.4. Production
- 10.4.2. South Africa
- 10.4.2.1. By Application (Value/Volume)
- 10.4.2.1.1. Drilling
- 10.4.2.1.2. Cement
- 10.4.2.1.3. Stimulation
- 10.4.2.1.4. Production
- 10.4.3. Rest of Middle East & Africa
- 10.4.3.1. By Application (Value/Volume)
- 10.4.3.1.1. Drilling
- 10.4.3.1.2. Cement
- 10.4.3.1.3. Stimulation
- 10.4.3.1.4. Production
- 11. Company Profiles
- 11.1. BASF SE
- 11.1.1. Overview
- 11.1.2. Description
- 11.1.3. Product Portfolio
- 11.1.4. Financials (Data as available in public domain and/or on paid databases)
- 11.1.5. Recent Developments
- 11.2. Halliburton
- 11.2.1. Overview
- 11.2.2. Description
- 11.2.3. Product Portfolio
- 11.2.4. Financials (Data as available in public domain and/or on paid databases)
- 11.2.5. Recent Developments
- 11.3. Solvay
- 11.3.1. Overview
- 11.3.2. Description
- 11.3.3. Product Portfolio
- 11.3.4. Financials (Data as available in public domain and/or on paid databases)
- 11.3.5. Recent Developments
- 11.4. NALCO
- 11.4.1. Overview
- 11.4.2. Description
- 11.4.3. Product Portfolio
- 11.4.4. Financials (Data as available in public domain and/or on paid databases)
- 11.4.5. Recent Developments
- 11.5. The Lubrizol Corporation
- 11.5.1. Overview
- 11.5.2. Description
- 11.5.3. Product Portfolio
- 11.5.4. Financials (Data as available in public domain and/or on paid databases)
- 11.5.5. Recent Developments
- 11.6. Albemarle Corporation
- 11.6.1. Overview
- 11.6.2. Description
- 11.6.3. Product Portfolio
- 11.6.4. Financials (Data as available in public domain and/or on paid databases)
- 11.6.5. Recent Developments
- 11.7. Kemira
- 11.7.1. Overview
- 11.7.2. Description
- 11.7.3. Product Portfolio
- 11.7.4. Financials (Data as available in public domain and/or on paid databases)
- 11.7.5. Recent Developments
- 11.8. Clariant
- 11.8.1. Overview
- 11.8.2. Description
- 11.8.3. Product Portfolio
- 11.8.4. Financials (Data as available in public domain and/or on paid databases)
- 11.8.5. Recent Developments
- 11.9. Dow
- 11.9.1. Overview
- 11.9.2. Description
- 11.9.3. Product Portfolio
- 11.9.4. Financials (Data as available in public domain and/or on paid databases)
- 11.9.5. Recent Developments
- 11.10. Stepan Company
- 11.10.1. Overview
- 11.10.2. Description
- 11.10.3. Product Portfolio
- 11.10.4. Financials (Data as available in public domain and/or on paid databases)
- 11.10.5. Recent Developments
- 11.11. Croda International Plc
- 11.11.1. Overview
- 11.11.2. Description
- 11.11.3. Product Portfolio
- 11.11.4. Financials (Data as available in public domain and/or on paid databases)
- 11.11.5. Recent Developments
- 11.12. Pon Pure Chemicals Group
- 11.12.1. Overview
- 11.12.2. Description
- 11.12.3. Product Portfolio
- 11.12.4. Financials (Data as available in public domain and/or on paid databases)
- 11.12.5. Recent Developments
- 12. Strategic Recommendation
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