Global Sachet Packaging Market 2017-2021
About Sachet Packaging
Sachets are small sealed flexible bags containing a small amount of powder or liquid, such as tea, coffee, sauces, sugar, shampoo, oil, ketchup, cream, lubricant, and others. Sachets are universally convenient and are becoming popular for virtually any application. The demand for convenient and handy packaging, such as sachet packaging, has expanded the global sachet packaging market. The end-users are looking for a wide range of advanced packaging solutions and are likely to hold a positive impact on the market for sachet packaging during the forecast period.
Technavio’s analysts forecast the global sachet packaging market to grow at a CAGR of 6.46% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global sachet packaging market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Sachet Packaging Market 2017-2021
Technavio recognizes the following companies as the key players in the global sachet packaging market: Amcor, Bemis, Coveris, Mondi, and Sealed Air.
Other Prominent Vendors in the market are: Constantia Flexibles, Huhtamaki, Clondalkin, and Heinrich Ludwig Verpackungen.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Introduction of active packaging emitting sachets. Oxygen scavengers and desiccants were the most commonly used types of active packaging, with about 1,500-2,000 million units of the former, and 2,000-2,500 million units of the latter, per annum. The annual growth was about 15%-17%, from 2013 to 2016. The next most prevalent were drip control pads, with 800-850 million units per annum, and a growth of 42% during 2013-2016.”
According to the report, one of the major drivers for this market is Increased adoption of green packaging and sustainability options. In APAC, eco-packages are a growing trend, with an increasing focus on reducing the amount of packaging materials used. Sachets leave less of an environmental footprint by some sustainability metrics. Powdered drink sachets consume anywhere between 0.54 and 2.90 fewer megajoules of energy per 8 oz container than the manufacturing of comparable plastic bottles/caps, glass/metal bottles/caps, and aluminum cans. The less amount of packaging materials used is impacting the global sachet packaging market as wastage of packaging materials has been restricted by using sachets.
Further, the report states that one of the major factors hindering the growth of this market is Shortage and rising cost of raw materials. From the rising energy costs to sudden fluctuations in raw material price levels, unexpected obstacles are destabilizing supply chains and making it difficult for manufacturers to remain in the black. With supplies of many raw materials becoming difficult to secure, commodity price volatility impacts manufacturers who must either absorb additional costs, find new ways to alleviate the expenses or pass price increases to customers.
Amcor, Bemis, Coveris, Mondi, Sealed Air, Constantia Flexibles, Huhtamaki, Clondalkin, and Heinrich Ludwig Verpackungen.
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