The ‘Global Sachet Packaging Market Size, Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global sachet packaging market, assessing the market on the basis of its segments like material types, sizes, applications, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
Sachet Packaging Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): Around USD 9.76 Billion
- Forecast CAGR (2023-2028): 5.60%
- Forecast Market Size (2028): Nearly USD 13.43 Billion
Sachets are an appealing alternative for businesses wanting to sell items at a cheaper cost as they are more affordable than conventional packaging options. Additionally, the sachet packaging market demand is propelling due to the rising preference for small and appealing packaging solutions in small amounts in end-use sectors like hospitality, foodservice, and aviation, among others.
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Sachet packaging is becoming popular due to its affordability, portability, and convenience benefits. It allows manufacturers to provide products with longer shelf life. Moreover, this packaging type is extensively used to sell goods like hair oil, lubricants, sauces, coffee, milk, detergents, and shampoos, among others, in tiny quantities.
The sachet packaging option is widely used for advertising and promotion, such as when giving away free product samples to customers, to increase brand awareness. Accordingly, the sachet packaging market is expected to grow as companies are using innovative marketing techniques to increase customer awareness regarding their products.
Sachet Packaging Industry Definition and Major Segments
Sachet is a compact and sealed flexible packaging option where a small amount of a product in the form of powder, liquid, or granules, is enclosed in a sealed packet made of plastic, paper, or other materials. Products like sugar, salt, ketchup, shampoo, and other commercial items are frequently packaged in a sachet. As it is portable, practical, and allows for accurate measures, sachet packing is a widely popular affordable and sustainable packaging option.
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The global sachet packaging market, based on material type, can be divided into:
- Plastic
- Non-Plastic
Based on size, the market can be segmented into:
- 1 ML-20 ML
- 21 ML-30 ML
- Above 30 ML
The major applications of sachet packaging are:
- Pharmaceuticals
- Food and Beverages
- Cosmetics and Personal Care
- Others
Based on region, the market can be segmented into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Sachet Packaging Market Trends
The market for sachet packaging has expanded as a result of the rising demand for eco-friendly packaging. Compared to conventional packaging options, sachets are a more ecologically responsible choice since they provide a lightweight and compact packaging solution.
Companies are also utilising renewable resources such as recyclable polyethylene (PE) films, compostable films, and paper, among other materials, to reduce packaging waste and decrease carbon footprint associated with the packaging sector.
Region-wise, the Asia Pacific is expected to represent a significant share of the market for sachet packaging in the forecast period due to the robustly growing manufacturing sector and rapid industrialisation, urbanisation, and globalisation in countries like India and China.
Another significant factor driving the sachet packaging market development is the increasing use of sachet packaging by various end-users. Due to growing disposable incomes and a sizable consumer base, companies that produce and distribute sachet packaging have increased their investments in the region.
Key Market Players
The major players in the global sachet packaging market report include:
- Amcor plc
- ProAmpac
- Constantia Flexibles
- Huhtamäki Oyj
- FFP Packaging Ltd
- Mondi plc.
- A E Adams (Henfield) Ltd
- Sealed Air Corporation
- RCP Ranstadt GmbH
- Others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium-scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
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