Sachet Packaging Machines Market to Grow at Robust CAGR by 2029

 Future Market Insights delivers key insights on the sachet packaging machines market in its published report, titled “Global Sachet Packaging Machines Market: Industry Analysis and Opportunity Assessment, 2022–2029.” In terms of revenue, the global sachet packaging machines market is estimated to expand at a CAGR of 5.8% during the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecasts in this report.

The report includes a market research study on the global sachet packaging machines market, which includes market assessment and trend analysis of different capacities such as up to 100 sachets/min, 101-200 sachets/min, 201-350 sachets/min, and 350 sachets/min & above.

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Incorporation of Easy-to-use Features Trending among Key Manufacturers

Sachet packaging machines are basically form-fill-seal machines. The form fill seal machines market is expected to grow at a faster rate among other machineries such as bagging and filling machines. There are two types of sachet packaging machines- vertical form-fill-seal machines and horizontal form-fill-seal machines. Horizontal sachet packaging machines are generally used for the packaging of solid materials, whereas vertical sachet packaging machines are used for solid, liquid, and granulated products.

The market for vertical sachet packaging machines is expected to grow at a high CAGR owing to the smaller carbon foot-print as compared to horizontal sachet packaging machines, easy-to-use features such as improved film sealing technology and material handling techniques and reduced number of operations, and lower cost packaging solution. With the ability of handling both solid and liquid products, vertical sachet packaging machines are projected to grow in market size at a faster rate than horizontal sachet packaging machines.

Sachet Packaging Market Outlook

The global sachet packaging market is experiencing steady growth, and is expected to remain so throughout the long-term forecast period. As consumers shift towards economical packaging solutions, sachet packaging is becoming highly popular across the food, pharmaceutical, personal care and a host of other end-use applications.

With the coronavirus pandemic looming large, growth prospects are moderately hindered, as production shortfalls led to declining output. This is gradually easing across such domains as food & beverage, pharmaceuticals and personal care. Therefore, demand for sachet packaging across these domains is likely to prevail.

Small Packaging Trend Gathers Momentum across East Asian Market, Favoring Sales of Sachet Packaging Machines

In the developed regions such as North America and Europe, the needs and preferences of today’s consumers are changing. For instance, consumers in Europe tend to pay more for products that make their hectic, on-the-go life a bit easier. Consumers in Europe look for more diverse choices in terms of quality, price, and convenience. Stick packs and sachets are preferred than family-sized packages due to the affordability in emerging countries such as India, Mexico, Thailand, and Indonesia.

The number of small portion, individual packages has therefore grown in South Asia region, in the past few years. The trend for small packages to pack snacks has been influenced by millennial lifestyle, demographic changes, and urbanization in Europe, thereby increasing the demand for sachet packaging machines.

Sachet Packaging Market – Key Research Findings

·         The global sachet packaging market size estimated in 2021 – ~US$ 8.7 Bn

·         The sachet packaging market is expected to witness a CAGR of 5.8% during the forecast period of 2021-2031.

·         The rising trend of single serve/unit dose packaging among consumers for products such as shampoo, oil, tea, coffee, sauces, and mouth fresheners, is expected to drive the growth of the market of sachet packaging.

·         Collectively, Asia Pacific and North America are expected to account for more than 60% revenue share in the sachet packaging industry, by the end of 2031.

·         Demand for sachet packaging from the personal care & cosmetics industry is expected to propel the growth of the sachet packaging market in the United States, China, and India.

·         The personal care and cosmetics industry is expected to be the most lucrative end-use market for sachet packaging, followed by the pharmaceutical industry.

·         Packaging of shampoos and conditioners is a prominent application of single-use sachets, owing to price-sensitive consumers in the developing regions.