Sachet Packaging Market Is Anticipated To Witness High Growth Owing To Growing FMCG Industry

Sachet Packaging Market

The sachet packaging market involves small pre-packaged individual packets or sachets made of aluminum foil or plastic films that are ideal for distributing small doses of products like packets of ketchup, shampoo, and other daily consumption items. Sachet packaging provides affordable consumption and accessibility to customers and allow companies to penetrate markets by providing the right unit sizes to customers. The growth of the fast-moving consumer goods (FMCG) industry worldwide along with urbanization have triggered the demand for flexible and portable packaging formats like sachets. Sachet packages help FMCG companies launch new products at affordable prices in underpenetrated markets and rural areas to expand their consumer base.

The Global sachet packaging market is estimated to be valued at US$12068.07 million in 2024 and is expected to exhibit a CAGR of 4.6%  over the forecast period 2024 to 2030.

Key Takeaways
Key players operating in the sachet packaging market are Fluorsid (British Fluorspar), Canada Fluorspar, China Kings Resources Group Co. Ltd, Kenya Fluorspar, Koura, Masan Resources, MINCHEM IMPEX India Private Limited, Minersa Group, Mongolrostsvetmet LLC, RUSAL, Sallies Ltd, Steyuan Mineral Resources Group Ltd, and Seaforth Mineral & Ore Co. These players are engaged in expansions, mergers, and acquisitions to enhance their market presence.

The key opportunities in the Sachet Packaging Market Demand include introducing sustainable and eco-friendly packaging formats to cater to the rising demand for sustainable products. Companies are investing in research & development to develop innovative packaging designs, materials, shapes and sizes.

Globally, the sachet packaging market is expanding driven by the surging FMCG sector across developing Asian countries like India, China, Indonesia etc. Rapid urbanization and changing lifestyles in these regions are fueling the demand for packaged food and personal care products available in affordable small sachet packaging. Manufacturers are focusing their production facilities in these high growth potential markets to tap into new revenue streams.

Market Drivers:
Growth of FMCG Industry
The robust expansion of the fast-moving consumer goods industry particularly in developing economies is a major factor driving the sachet packaging market. FMCG goods like cosmetics, dairy, food, and beverages are becoming increasingly popular among consumers owing to rapid urbanization and changing lifestyles which is augmenting the need for small and portable sachet packs.

Market Restrains:
Stringent Environmental Regulations
Growing environmental concerns around plastic pollution and non-biodegradability of conventionally used plastic films hinder the market growth. Stringent regulations banning single-use plastic packaging may restrict the adoption of plastic sachets in some countries.
Segment Analysis

The dominating segment in the sachet packaging market is the plastic segment which accounted for over 40% of the total market share in 2024. This is because plastics are inexpensive, easy to mold, flexible and lightweight materials which are ideal for single-serve sachet packaging. They provide good barrier protection against moisture, gas, and light while being easily disposable. The aluminum segment ranks second in market share as aluminum foil provides excellent barrier against oxygen, moisture and light. This makes it suitable for packaging of foods and cosmetics requiring extended shelf-life.

Global Analysis

Asia Pacific dominates the global sachet packaging market, accounting for more than 40% share. This is attributed to high consumption of packaged food and personal care products in sachet or small-volume formats in countries like India, Indonesia and Philippines. The APAC region is expected to maintain its lead through 2030 as well, driven by expanding middle-class population and their rising disposable incomes in the emerging economies. North America ranks second with a share of over 20% in 2024 owing to high demand for convenience packaging from food chains and QSR sectors in the US and Canada. Europe holds the third position with over 15% share on account of growing trend of food-on-the-go consumption pattern among consumers.

For More Details On The Report, Read: https://www.newswirestats.com/sachet-packaging-market-is-poised-to-cater-convenience-and-sustainability-trends-by-2030/

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