Global Sachet Packaging Market Highlights Over 2020-2029
The global sachet packaging market is expected to grow with a moderate CAGR during the forecast period, i.e., 2021-2029 owing to the growing need for small-sized packets for single-use products, such as, shampoo and moisturizers, sauce, spices, tea & coffee, lubricants, and others. As compared to traditional packaging, sachet packaging is relatively affordable to both manufacturers as well as consumers which attracts low-income communities, which is estimated to boost the market growth. Moreover, sachets are used for sampling and promotional purposes, as these are cost-effective solutions and allows consumers to try the product before buying it in bulk, which is estimated to boost the demand for sachet packaging for sampling of condiments, seasonings, sauces, and healthcare & beauty products.
The global sachet packaging market is segmented by material type into plastic, paper, aluminium foil, and others, out of which, the plastic segment is anticipated to hold the largest share over the forecast period owing to its high acceptance among manufacturers. Features like printability, lightweight, high tensile strength and cost effectiveness of plastic makes it the preferred material choice among various sachet manufacturers. On the basis of Application, the global sachet packaging market is segmented into food, personal care & cosmetics, pharmaceuticals, sealants & adhesives, lubricants & solvents, tobacco, and others. Out of these, the personal care & cosmetics segment is estimated to hold a major market share during the forecast period owing to the high demand for sachets for packaging single-use cosmetic and personal care products. The rising awareness about health and hygiene, along with increasing sanitation concerns has raised the consumption of personal care products among the masses. Moreover, products in sachets are more affordable, which boosts the demand for sachet packaging among the manufacturers of such products, which is projected to drive the global sachet packaging market. CLICK TO DOWNLOAD SAMPLE REPORT
Global Sachet Packaging Market Regional Synopsis
Regionally, the global sachet packaging market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region.
The market in the Asia Pacific is anticipated to hold the largest market share owing to its large manufacturing sector coupled with growing population and an increasing disposable income. The presence of a significant consumer base in the region has attracted investments from various end-user companies for packaging and distribution of their products, which is estimated to boost the demand for sachet packaging. Moreover, growing trade activities has raised the demand for sample packaging, which is estimated to boost the demand for sachet packaging in the region. The market in the Middle East & Africa and Latin America are estimated to witness modest growth as various companies are targeting the large low-income population in the regions.
The global sachet packaging market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
Market Segmentation
Our in-depth analysis of the global sachet packaging market includes the following segments:
By Material Type
- Plastic
- Paper
- Aluminium Foil
- Others
By Pack Size
- 1 ml - 10 ml
- 11 ml - 20 ml
- 21 ml - 30 ml
- Above 30 ml
By Packaging Machinery
- Vertical Form-Fill-Seal Machines (VFFS)
- Horizontal Form-Fill-Seal Machines (HFFS)
By Application
- Food
- Personal Care & Cosmetics
- Pharmaceuticals
- Sealants & Adhesives
- Lubricants & Solvents
- Tobacco
- Others
Growth Drivers
- High Affordability of Small Sized Products
- Growing Demand for Sample Packaging of Products
Growth Restraints
- Long Term Impact of Plastic on Environment
- High Competition Between Brands
Top Featured Companies Dominating the Market
- Amcor Limited
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- ProAmpac Intermediate, Inc.
- ALPLA Werke Alwin Lehner GmbH & Co KG
- Constantia Flexibles International GmbH
- Huhtamaki Oyj
- Sonoco Products Company
- Berry Global Inc.
- Mondi plc
- CAMAC Holding B. V.
- Coveris Management GmbH