Global Sachet Packaging Market Overview
Sachet Packaging Market accounted for US$ 9096.5 Million in 2020 and is estimated to be 16203.6 Million by 2029 and is anticipated to register a CAGR of 6.6%.
Sachet packaging is the flat three- or four layer pack, which is made of various materials such as plastic, paper, and aluminum. Sachet packaging needs less storage space and less packaging material thereby, decreasing the transportation cost. As compared to bulk packaged products, sachet packaged products are available at lower costs which in turn makes them affordable to consumers of any income. They can be utilized for packaging of powders, liquids, capsules, wipes, among others. Products such as hair oil, shampoos, detergents, sauces, lubricants, tea, coffee, cream, and mouth fresheners are packed using sachet packaging.
Global Sachet Packaging Market Drivers & Restraints
While the growing consumer demand for ‘on-the-go’ and convenience compatibility of products has been influencing the ‘miniaturization’ trend in packaging. Rising inclination of healthcare industry concerning unit dosage packaging is still being touted as a promising opportunity to expand the application scope. With a rising sense of individualism, users are moving away from bulk purchasing at weekly shops, hence offering huge demand for sachet packaging. Sachet packaging market enables consumers to purchase products in limited quantities to suit their needs in order to reduce the overall price of products. Moreover, increasing availability of alternative packaging solutions, such as stick pouches or packs, which are comparatively inexpensive, is fascinating manufacturers to implement innovative differentiating strategies. Sachets have gained significant traction over large-size packs that are more prone to spillage and hence, are comparatively inconvenient. As users are becoming more familiar with sustainability, motivation various end-use industries to decrease the use of single-use plastics for packaging, market stakeholders are favoring towards environmentally sound alternatives. The development of seaweed sachets, which are totally biodegradable in soil and water, facts to a new breakthrough development in the sachet packaging market.
Global Sachet Packaging Market Segmentations & Regional Insights
The global sachet packaging market is segmented based on size, material, application, and region.
On the basis of size, the global sachet packaging market is segmented into 1 ml-10 ml, 11 ml – 20 ml, 21 ml – 30 ml, and others. On the basis of material, the target market is classified into plastic, paper, aluminum foil, and others. On the basis of application, the target market is classified into food & beverage, pharmaceuticals, cosmetic & personal care, industrial, consumer goods, and others.
Regional Insights:
On region the global sachet packaging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific estimates for highest market for sachet packaging, due to increased demand for sachet packaging in various applications such as personal care products, cosmetics, food and beverages, pharmaceuticals, and consumer goods. As per India Brand Equity Foundation (IBEF), an initiative by Ministry of Commerce & Industry, Government of India, fast-moving consumer goods (FMCG) market in India is projected to witness a CAGR of 20.6% to reach approximately US$ 103.7 billion by 2020, from US$ 49 billion in 2016. Major segments of FMCG in India include about 31% healthcare, 19% food and beverages, and 50% household and personal care. Rise in FMCG segments is in turn, projected to boost growth of the sachet packaging market. Second-largest market for sachet packaging is North America owing to rising demand from end-use industries including cosmetics, food and beverages, pharmaceuticals, personal care products, and presence of large retail sector. Europe is a lucrative market for sachet packaging, due to availability of highest cosmetic industry in the region. Cosmetics being the biggest application for sachet packaging, the region is anticipated to register lucrative growth in the coming years.
Report Scope:
Attribute |
Details |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 – 2034 |
Market Segmentation |
By Size - 1 ml-10 ml, 11 ml – 20 ml, 21 ml – 30 ml, and Others By Material- Plastic, Paper, Aluminum foil, and Others By Application- Food & Beverage, Pharmaceuticals, Cosmetic & Personal Care, Industrial, Consumer Goods, and Others |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the global sachet packaging market report based on size, material, application, and region.
Global Sachet Packaging Market, By Size:
- 1 ml-10 ml
- 11 ml – 20 ml
- 21 ml – 30 ml
- Others
Global Sachet Packaging Market, By Material:
- Plastic
- Paper
- Aluminum foil
- Others
Global Sachet Packaging Market, By Application:
- Food & Beverage
- Pharmaceuticals
- Cosmetic & Personal Care
- Industrial
- Consumer Goods
- Others
Global Sachet Packaging Market, By Region:
- North America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- U.S.
- Canada
- Middle East & Africa
Global Sachet Packaging Market Competitive Landscape & Key Players
The key players operating the global sachet packaging market includes Bosch GmbH, Bemis Company, Inc., Amcor Limited, Reynolds Group, Sonoco Products, Huhtamaki Group, Sealed Air Corporation, Mondi Group, Clondalkin Group Holdings B.V., and Coveris Holdings S.A. Several companies are launching new technologies that are donating to growth of the sachet packaging market. For instances, in May 2017, Unilever launched new technology called CreaSolv Process to reuse sachet waste, in which sachets would be converted to plastics and reused. This will reduce the waste generated by plastic sachets.
Global Sachet Packaging Market Company Profile
- Bosch GmbH
- Bemis Company, Inc.
- Amcor Limited
- Reynolds Group
- Sonoco Products
- Huhtamaki Group
- Sealed Air Corporation
- Mondi Group
- Clondalkin Group Holdings B.V.
- Coveris Holdings S.A.
Global Sachet Packaging Market Highlights
FAQs
The sachet packaging market is segmented into size, material, application, and region.
Factors driving market growth include the convenience of single-use packaging, demand for on-the-go consumer products, and applications in the food, pharmaceutical, and personal care industries.
Global restraints may involve limited space for product information, challenges in maintaining product freshness, and environmental concerns related to single-use packaging.
The report covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is estimated to witness a significantly high revenue share over the forecast period.
The key players operating in the packaging and paper industry include Bemis Company, Inc., Amcor Limited, Reynolds Group, Sonoco Products, Huhtamaki Group, Sealed Air Corporation, Mondi Group, Clondalkin Group Holdings B.V., Coveris Holdings S.A., and Bosch GmbH.