The global Sachet Packaging Market is estimated to be valued at US$ 10475.75 Mn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Sachet packaging refers to small pre-measured polymeric pouches used for containing products like ketchup, shampoo, sauce etc. Sachet packaging is lightweight and compact, occupies less space and provides product differentiation. It ensures accurate filling and dosing of products and extends shelf life.

Market key trends:
Rising demand for on-the-go food products is driving the growth of sachet packaging market. Consumers prefer smaller packages and single-serve pouches for breakfast, snacks, sauces etc owing to busy lifestyles. Sachet packaging is ideal for sampling new products which opens new opportunities for brands. Also, increasing penetration of smartphones and e-commerce has boosted the consumption of smaller packs. Advancements in pouch design, materials and filling technologies have further increased the application of sachets across industries.
Market Trends
Sachet packaging market is witnessing high growth due to increasing demand for smaller quantities of products across various sectors such as food, beverage, cosmetics, etc. Sachets or small packets provide products in affordable packaging sizes suitable for single or few use. Growth in urbanization and rise of young population is driving the need for convenient on-the-go products packaged in sachets.

SWOT Analysis
Strengths: Sachets provide ideal solution for sample distribution and affordability. They allow flexible packaging of small volumes for products.
Weaknesses: Fragile in nature, require elaborate distribution planning. Have environmental concerns due to non-recyclable plastics.
Opportunities: Large emerging markets offer scope to penetrate rural regions. Growth in FMCG sector increases scope for wider product applications.
Threats: Stringent regulations on plastic packaging pose challenges. Alternative packaging types can replace sachets.

Key Takeaways
The global Sachet Packaging Market Size  is expected to witness high growth, exhibiting CAGR of 6.1% over the forecast period, due to increasing consumption of packaged food and beverages among working population.

Regional analysis: Asia Pacific dominates the sachet packaging market and is expected to continue its dominance over the forecast period. Countries such as India, China, Indonesia offer high growth potential for sachet packaging due to rising disposable incomes, increasing populations.

Key players operating in the sachet packaging market are Amcor Limited, Bemis Company, Inc., Constantia, Sonoco Products Company, Huhtamaki Group, Mondi, Sealed Air Corporation, RCP Ranstadt GmbH, and Clondalkin Group. Amcor captured significant market share due to strong global presence and wide product portfolio. Sonoco products provides innovative and sustainable packaging solutions.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it