Sachet Packaging Market Size
Study Period | 2019 - 2029 |
Market Size (2024) | USD 8.85 Billion |
Market Size (2029) | USD 11.32 Billion |
CAGR (2024 - 2029) | 5.05 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Sachet Packaging Market Analysis
The Sachet Packaging Market size is estimated at USD 8.85 billion in 2024, and is expected to reach USD 11.32 billion by 2029, at a CAGR of 5.05% during the forecast period (2024-2029).
Sachet packaging refers to small, lightweight, single-use packages designed to hold a single product serving. Typically sealed on three or four sides, sachets can be crafted from materials such as plastic, paper, or aluminum.
- The burgeoning food and food service industry has spurred a heightened demand for sachet packaging. Sachets are primarily used in the food service and quick-service restaurant (QSR) sectors, where they are favored for condiments, sauces, and dressings. They offer an efficient solution for serving small portions while minimizing waste.
- A rising preference for lightweight and compact packaging across sectors, notably in food & beverages and pharmaceuticals, is poised to propel the growth of the sachet packaging market. Furthermore, as consumer lifestyles evolve, there's a burgeoning appetite for ready-to-eat meals, packaged foods, and instant drinks, further fueling market expansion.
- Moreover, manufacturers find sachet packaging economically advantageous, as it demands less material than larger formats. This cost-effectiveness appeals to businesses, particularly those aiming at low-income consumers or those keen on trimming packaging expenses. Priced lower than bulk or larger formats, sachets enhance product accessibility for price-sensitive consumers, especially in emerging markets, thereby amplifying demand.
- Manufacturers are channeling investments into research and development, crafting durable, sustainable, and functional products tailored for diverse end-use industries. A testament to this trend: In November 2024, Mespack, a machine industry player, collaborated with Amcor Group, a Switzerland-based packaging giant, to unveil a recycle-ready 2L stand-up pouch. This innovative design targets home care products, including soaps, cleaners, and laundry detergents.
- Yet, the sachet packaging industry grapples with challenges that jeopardize its sustainability, profitability, and overall efficacy. A significant hurdle is the prevalent use of multi-layered plastics in sachet production, which pose recycling challenges. Additionally, the diminutive size of sachets complicates their collection and processing, exacerbating plastic pollution concerns, particularly in developing nations.lly in developing countries.
Sachet Packaging Market Trends
Plastic Segment is Expected to Dominate the Market
- Several factors, including convenience, cost-efficiency, and consumer demand, are driving the rising popularity of plastic materials in sachet packaging. Sachets, which are small, single-use packets commonly used for food, beverages, cosmetics, and household products, are favored by consumers for their portability, ease of use, and disposability. This convenience significantly boosts the demand for such products.
- With growing concerns over the environmental impact of plastic waste, governments and global organizations are tightening regulations on single-use plastics. In response, companies are being pushed to innovate, explore alternative materials, and adopt more sustainable practices for sachet packaging. A notable example is Amcor Group's collaboration with Stonyfield Organic and Cheer Pack North America in February 2024, which resulted in the launch of the first all-polyethylene (PE) spouted pouch, marking a step towards sustainability.
- The malleability of plastic allows it to be shaped into diverse forms, catering to a wide range of product packaging needs. Manufacturers of sachet packaging are focusing on product customization and branding. This enables companies to craft eye-catching and informative packaging that resonates with consumers. For instance, Huhtamaki Oyj offers tailored solutions, providing both plastic and paper-based sachets for tea and coffee. These customized sachets not only help brands present exclusive products but also boost overall product demand. Additionally, instant coffee sachets come with an easy tear feature, enhancing convenience for on-the-go consumers.
- Global plastic production has seen a consistent upward trajectory from the past few years. This surge can be attributed to rising demands across various sectors, including consumer goods, industrial applications, packaging, construction, and the automotive industry. Additionally, the affordability and versatility of plastic materials play a pivotal role in this growth. As per Plastics Europe, in 2023, China emerged as the dominant player, accounting for 33% of global plastic production. They were trailed by other Asian nations at 20%, North America at 17%, and Europe at 14%.
Asia Pacific Expected to be the Fastest Growing Market
- Data from the United States Department of Agriculture (USDA) reveals that over 500 million Indians reside in urban areas, conveniently close to modern retailers in tier-1, tier-2, and tier-3 cities. Key drivers such as India's swift urbanization, a predominantly youthful demographic, and the prevalence of dual-income households are fueling consumer spending. This uptick propels the country's food industry and plays a pivotal role in bolstering the expanding packaging sector.
- Prominent e-commerce platforms such as Flipkart, Amazon, JioMart, Nature Basket, and Big Basket have grown substantially. This surge underscores a notable shift in consumer behavior, primarily driven by an appetite for speed and convenience. Such dynamics invigorate India's food, personal care, and cosmetics sectors. Furthermore, as retailers eye the burgeoning modern and e-retail landscape, their pursuit of innovative products further amplifies market growth.
- In response to evolving market demands, regional packaging manufacturers are prioritizing sustainability. They're actively working to minimize their carbon footprints and are innovating with 'recycle-ready' materials. For instance, In May 2024, Amcor Group, hailing from Switzerland, teamed up with cosmetics giant AVON. Together, they unveiled the AmPrima Plus refill pouch for AVON's Little Black Dress classic shower gels in China. This initiative, centered on sustainability, aims for an impressive 83% cut in carbon footprint and significant reductions of 88% in water consumption and 79% in renewable energy usage upon recycling.
- With urbanization on the rise and a burgeoning middle class, both India and China are witnessing a growing inclination towards branded, premium products. Despite vast rural populations in both nations having limited access to upscale retail, sachet packaging emerges as a game-changer. It enables companies to offer smaller, affordable quantities, ensuring even budget-conscious consumers can enjoy branded offerings.
Sachet Packaging Industry Overview
The Sachet Packaging Market exhibits moderate consolidation, with key players including ProAmpac Intermediate Inc., Amcor Group, Huhtamaki Oyj, Sealed Air Corporation, and Constantia Flexibles Holding GmbH. These companies are at the forefront of innovation, focusing on eco-friendly packaging solutions. To capture a larger global market share, these players actively engage in strategies such as research and development, launching new products, forming collaborations and partnerships, and pursuing mergers and acquisitions.
Sachet Packaging Market Leaders
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Amcor Group
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Huhtamaki Oyj
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Sealed Air Corporation
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ProAmpac Intermediate Inc.
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Constantia Flexibles Holding GmbH
*Disclaimer: Major Players sorted in no particular order
Sachet Packaging Market News
- September 2024: At the Fachpack trade fair in Nuremberg, Germany, Koehler Paper, a division of the Koehler Group, unveiled its latest premium product line tailored for tea packaging. The new offerings, Koehler NexPlus Tea Aroma and Koehler NexPlus Tea Flavor, feature two variants of heat-sealable sachet packaging. These sachets come equipped with both a grease and oil barrier, alongside a specialized aroma barrier, making them ideal for essential oils and aromatic tea varieties.
- January 2024: Constantia Flexibles Holding GmbH, an Austria-based company, clinched three WorldStar Packaging Awards, honoring its innovative strides in sustainable flexible packaging, notably with its EcoLamHighPlus and EcoLam technologies.
Sachet Packaging Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitutes products
4.3.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Preference for Lightweight and Convenient Packaging
5.1.2 New Product Development to Drive the Product Demand
5.2 Market Challenge
5.2.1 Environmental Concerns for Plastic Packaging to Hamper Market Growth
6. INDUSTRY REGULATION, POLICY AND STANDARDS
7. MARKET SEGMENTATION
7.1 By Material Type
7.1.1 Plastic
7.1.2 Paper
7.1.3 Aluminum
7.1.4 Other Materials
7.2 By Pack Size
7.2.1 1 Ml to 10 Ml
7.2.2 11 Ml to 20 Ml
7.2.3 21 Ml to 30 Ml
7.2.4 Above 30 Ml
7.3 By Application
7.3.1 Food
7.3.2 Pharmaceuticals
7.3.3 Personal Care & Cosmetics
7.3.4 Industrial
7.3.5 Other Applications
7.4 By Geography***
7.4.1 North America
7.4.1.1 United States
7.4.1.2 Canada
7.4.2 Europe
7.4.2.1 Germany
7.4.2.2 France
7.4.2.3 Italy
7.4.2.4 Spain
7.4.3 Asia
7.4.3.1 China
7.4.3.2 India
7.4.3.3 Japan
7.4.4 Australia and New Zealand
7.4.5 Latin America
7.4.5.1 Brazil
7.4.5.2 Mexico
7.4.6 Middle East and Africa
7.4.6.1 Saudi Arabia
7.4.6.2 United Arab Emirates
7.4.6.3 South Africa
8. COMPETITIVE LANDSCAPE
8.1 Company Profiles
8.1.1 Huhtamaki Oyj
8.1.2 Sealed Air Corporation
8.1.3 ProAmpac Intermediate Inc.
8.1.4 Amcor Group
8.1.5 Constantia Flexibles Holding GmbH
8.1.6 Mondi Group
8.1.7 Sonoco Products Company
8.1.8 Glenroy Inc.
- *List Not Exhaustive
8.2 Heat Map Analysis
8.3 Competitor Analysis - Emerging vs. Established Players
9. RECYCLING & SUSTAINABILITY LANDSCAPE
10. FUTURE OUTLOOK
Sachet Packaging Industry Segmentation
Sachets are small and portable, ideal for single-use servings or samples. Sachets are designed to protect the contents from moisture, light, and air, which helps maintain product quality, especially for food and pharmaceutical products. The research also examines underlying growth influencers and significant industry vendors, all of which help to support market estimates and growth rates throughout the anticipated period. The market estimates and projections are based on the base year factors and arrived at top-down and bottom-up approaches.
The sachet packaging market is segmented by material type (Plastic, Paper, Aluminum and Other Material Types), by pack size (1 Ml To 10 Ml, 11 Ml To 20 Ml, 21 Ml To 30 Ml and Above 30 Ml), by application (Food, Pharmaceuticals, Personal Care & Cosmetics, Industrial and Other Applications) and by geography (North America, Europe, Asia Pacific, South America and Middle East and Africa), The market sizing and forecasts are provided in terms of value (USD) for all the above segments.
By Material Type | |
Plastic | |
Paper | |
Aluminum | |
Other Materials |
By Pack Size | |
1 Ml to 10 Ml | |
11 Ml to 20 Ml | |
21 Ml to 30 Ml | |
Above 30 Ml |
By Application | |
Food | |
Pharmaceuticals | |
Personal Care & Cosmetics | |
Industrial | |
Other Applications |
By Geography*** | ||||||
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Australia and New Zealand | ||||||
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Sachet Packaging Market Research FAQs
How big is the Sachet Packaging Market?
The Sachet Packaging Market size is expected to reach USD 8.85 billion in 2024 and grow at a CAGR of 5.05% to reach USD 11.32 billion by 2029.
What is the current Sachet Packaging Market size?
In 2024, the Sachet Packaging Market size is expected to reach USD 8.85 billion.
Who are the key players in Sachet Packaging Market?
Amcor Group, Huhtamaki Oyj, Sealed Air Corporation, ProAmpac Intermediate Inc. and Constantia Flexibles Holding GmbH are the major companies operating in the Sachet Packaging Market.
Which is the fastest growing region in Sachet Packaging Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Sachet Packaging Market?
In 2024, the North America accounts for the largest market share in Sachet Packaging Market.
What years does this Sachet Packaging Market cover, and what was the market size in 2023?
In 2023, the Sachet Packaging Market size was estimated at USD 8.40 billion. The report covers the Sachet Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Sachet Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Sachet Packaging Industry Report
Statistics for the 2024 Sachet Packaging market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Sachet Packaging analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.