The sachet packaging market size is expected to increase during the forecast period due to the rising demand for convenient and economical packaging solutions. The global sachet packaging market size was valued at USD 7.89 billion in 2021. The market is projected to grow from USD 8.30 billion in 2022 to USD 11.97 billion by 2029, exhibiting a CAGR of 5.4% during the forecast period.
Regional Insights: Asia Pacific to Dominate Market by Forming Strategic Alliances Asia Pacific holds the highest sachet packaging market share by applying merger and acquisition strategy by the key players. Increasing application in various sectors such as cosmetics, consumer goods, food & beverage, and personal care products will likely bolster market expansion. North America owns the second-largest position in the global market. Key players collaborate with leading companies in the cosmetics and food & beverage sector to increase product supply. Europe holds high potential growth in the global market by supplying the packaging to emerging businesses in supporting industry. The increased presence of the cosmetics industry is an advantage for market growth in the region.