Asia Pacific Sachet Packaging Machines Market set to cross US$ 915.9 Million amid Burgeoning Demand for Single

NEWARK, DE / ACCESSWIRE / July 6, 2023 / Market growth for sachet packaging machines in Asia Pacific is anticipated to soar between 2023 and 2033 at a CAGR of 5.5%. Market value is anticipated to have increased from US$ 536.5 million in 2023 to US$ 915.9 million in 2033. It had a worth of US$ 509.8 million at the end of 2022, and in 2023, it's expected to rise by 5.3% year over year.

In the next 10 years, the Asia Pacific sachet packaging machines market is expected to have an absolute dollar growth opportunity of US$ 406.1 million. During the projected period, it is anticipated to expand by 1.8 times the value of the existing market.

Machinery manufacturers might focus on innovating existing packaging systems in order to leverage opportunities generated through increasing demand for process automation. Numerous companies are already working on developing packaging automation products to gain an early-mover advantage in the market.

Few of multinational machinery manufacturers are planning to enter into joint ventures or partnerships with well-established automation companies to develop their presence in the market. They are also aiming to gain a competitive edge and grow rapidly in the market.

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Automation of existing packaging systems is set to create tremendous growth opportunities in the market for new entrants and established players. A few of the most desired characteristics in automated machinery are information-enabled, real-time diagnostics, safety features, easy integration, and quick change-overs.

Key Takeaways from this Market Study:

Asia Pacific's sachet packaging machines industry exhibited moderate growth at a CAGR of 1.4% during the historical period.

India's sachet packaging machines industry is anticipated to offer an incremental opportunity of US$ 103.8 million over the next ten years.

China is expected to account for around 39.2% of Asia Pacific sachet packaging machines' market share in 2023.

Based on machine type, the vertical form fill seal (VFFS) machine segment is anticipated to advance at a CAGR of 5.2% in the estimated time frame.

By operating speed, the multi-lane machines segment is anticipated to create an incremental opportunity worth US$ 218 million during the forecast period.

"Takeout culture and individual meal sizes are common in nations such as China and India. As a result, sachets can offer the ideal quantity size for single servings, cutting down on both product waste and expenses. Key players are likely to enter the emerging nations of India and China to open new manufacturing facilities," - says a lead analyst at Future Market Insights (FMI).

Demand for Sachets to Rise in Emerging Nations Owing to Their Accessibility and Affordability

Single-serve sachets are the perfect fit for demands for convenience and choice. Yet, they also come with significant benefits from a production point of view.

Sachets are noticeably more cost-effective, in terms of both packaging and distribution, when compared to larger packs. For instance, sachet packs do not require any kind of design process.

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The cost per unit has decreased as a result of efficient distribution tactics, point-of-sale turnover, and packaging advancements. As a result, sachets are less expensive than huge packs of the same substance. In undeveloped or underdeveloped nations, single-use sachets of ketchup, detergent, and shampoo can be purchased for a few cents apiece.

Sachet marketing involves the process of redesigning, packaging, and selling a product in a small package, and making it available at an affordable price. Factors favoring sachets are affordability or minimal cash-out for consumers.

The setting of dosage that facilitates control over consumption and portability or convenience of smaller packs is also set to aid sales. Demand for sachets is projected to expand in Asia Pacific countries owing to their affordability in the next ten years.

Competitive Landscape:

Manufacturers of sachet packing equipment in Asia Pacific are investing in research & development to improve the technological capabilities of their equipment. This entails implementing sophisticated automation elements, as well as intelligent controls and sensors.

They are also increasing their machines' productivity, versatility, and flexibility. Manufacturers can address various packaging needs of multiple sectors with the aid of technological breakthroughs, which also enhance machine performance.

A few additional manufacturers provide tailored solutions to meet the unique requirements of their clients. They are implementing modular architectures that give machine setup options.

They would make it simple for manufacturers to modify the equipment to fit a variety of product types, sizes, and packaging forms. Businesses can handle specific packaging difficulties they experience using this customized strategy. It can also help them match this equipment to their production needs.

For instance,

In January 2023, Seven Spring, a tea company based in Gujarat, was the first to market with entirely recyclable tea bag sachets that contain neither plastic or aluminum foil. In keeping with the government's G20 initiative, this program will do its part to help create a nation free of pollution.

Sauces & Dips

Salt & sugar

Spices & Condiments

Tea & Coffee

Bakery & Confectionery

Dairy Products

Other Food Products (Snacks, Edible Oil)

Shampoo & Conditioner

Hair Oil

Skin Care Products

Creams & Ointments

Probiotics

Vitamin Supplements

Sealants & Adhesives

Lubricants & Solvents

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Market Outlook by Categorization:

By Machine Type:

Vertical Form Fill Seal (VFFS) Machine

Horizontal Form Fill (HFFS) Machine

By Operating Speed:

Single-lane Machine (Up to 100 sachets per minute)

Multi-lane Machine (100 to 350 sachets per minute)

High-speed Machine (350 & above sachets per minute)

By Product Form:

Granules

Powder

Liquid

Semi Solid (Viscous)

By End Use:

Food

Personal Care & Cosmetics

Pharmaceuticals

Other Industrial

By Country:

China

India

Japan

Association of Southeast Asian Nations Countries

South Korea

Australia & New Zealand

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About the Packaging Division at Future Market Insights (FMI):

The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, and packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.

Explore Research-Related Reports of Packaging:

Asia Pacific Sachet Packaging Market Size: The Asia Pacific sachet packaging market is expected to account for a valuation of US$ 3.7 billion in 2023. The market is estimated to further escalate at a CAGR of 8.0% between 2023 and 2033.

Sachet Packaging Machines Market Share: Sales of sachet packaging machines are currently valued at US$ 563.8 Million in 2022. The global sachet packaging machines market is projected to progress at a steady CAGR of 5.8% and attain a valuation of US$ 867.4 Million by the end of 2029.

Sachet Packaging Market Trends: The global sachet packaging market is expected to attain a valuation of US$ 9,814.3 million in 2023. From 2023 to 2033, this demand is further projected to reach US$ 17,381.9 million, registering a CAGR of 5.9%.

Sachet and Pouch Handling Systems Market Analysis: Due to economic powerhouses such as China and India, Asia Pacific except Japan will drive the sachet and pouch handling systems market.

Snap Sachets Market Outlook: US market dominates the Snap Sachets market as a result of increased investment in R&D to provide manufacturers with sustainable packaging options.

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

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SOURCE: Future Market Insights Inc.

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