The sachet packaging market size was valued at $9.0 billion in 2021, and is estimated to reach $15.5 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.
Sachet packaging refers to a line of pipes, or channel or method to carry something from one place to another. Pipelines are needed to transport raw materials from the areas of production, which are sometimes very remote, to the refineries and chemical plants. it moves the finished products to gasoline terminals, natural gas power plants and other end users.
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Competition Analysis
The key players profiled in the sachet packaging market report include Amcor Plc., ProAmpac Holdings LLC., Constantia Flexible, Huhtamaki Group, Sonoco Products Company, Mondi Group, Sealed Air, Coveris, Clondalkin Group, Syntegon Technology GmbH.
Segmentation Based On:
The global sachet packaging market is segmented based on material type, size, application, and region.
On the basis of material type, the market is segmented into plastic and non-plastic. In 2021, the plastic segment accounted for the largest share of 92.47% of the overall market.
On the basis of size, the market is categorized into 1ml-20ml, 21ml-30ml, and above 30ml. The 21ml-30ml segment held the largest market share of 50.41% of the sachet packaging market in 2021.
Based on application, the market is segmented into cosmetic and personal care, food and beverage, pharmaceuticals, and others. The cosmetic and personal care segment held the largest market share of 50.2% in 2021.
On the basis of region, the sachet packaging market share is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific region will dominate the market in 2021.
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Key Findings Of Study
- The report provides an extensive analysis of the current and emerging global sachet packaging market trends and dynamics.
- By material type, the plastic segment dominated the market in terms of revenue in 2021.
- By size, the 21ml-30ml segment registered the highest growth in terms of revenue in the global sachet packaging market in 2021.
- By application, the food and beverage segment is projected to register the highest growth rate in the coming years.
- The report provides an extensive analysis of the trends and emerging opportunities of the market.
- In depth, the global sachet packaging market analysis is conducted by constructing estimations for the key segments between 2021 and 2031.
- The global sachet packaging market forecast analysis from 2022 to 2031 is included in the report.
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