DUBLIN, September 21, 2017 /PRNewswire/ --
The "Global Sachet Packaging Market 2017-2021" report has been added to Research and Markets' offering.
The global sachet packaging market to grow at a CAGR of 6.46% during the period 2017-2021.
Global Sachet Packaging Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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.
Key vendors
- Amcor
- Bemis
- Coveris
- Mondi
- Sealed Air
Other prominent vendors
- Constantia Flexibles
- Huhtamaki
- Clondalkin
- Heinrich Ludwig Verpackungen
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Application
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/fghz8g/global_sachet
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SOURCE Research and Markets
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