The global aluminium foil sachet market is anticipated to accumulate a market value of US$ 22.4 billion in 2023 and is expected to garner a market valuation of US$ 35.6 billion by exhibiting a CAGR of 4.7 % in the forecast period 2023 to 2033. The industry for aluminum sachet packaging solutions registered a CAGR of 3.8% in the historical period 2018 to 2022.
The growing demand for fast-moving consumer goods, coupled with the flourishing economy, is anticipated to drive the market of aluminium foil sachets. Aluminum pouches is increasingly being merged with flexible films to create lightweight packages. Packaging pet food, tuna, coffee, and soups alone produces over 13 billion packages across the globe, emerging as feasible alternatives for conventional plastic packaging, thereby fueling the market growth.
The expansion of the industry is also anticipated to be supported by technical developments such as the creation of modified atmosphere technology (MAP). This technology helps to lock in the freshness of food by regulating the mixture of gases such as oxygen, carbon dioxide, and nitrogen inside flexible packaging.
The hectic lifestyles, convenience of ordering through online platforms and the freedom to choose from several restaurants are the significant factors expected to propel market growth. Also, food, tobacco, cosmetics, and pharmaceuticals industries are further expected to spur growth in the market during the forecast period.
Surging demand for pouch aluminium foils in the food and pharmaceutical industries will fuel the market’s growth. Factors such as aluminium foil’s capability to offer enhanced shelf life and greater flexibility for stored products, will boost the sales of aluminium sachets.
Aluminium sachet packaging solutions are widely used for product protection and rapid serve purposes in supermarket and convenience stores, catering services, bakeries, and quick service restaurants. This is creating huge demand in the market.
On the other hand, government regulations to improve food safety and quality standards, is encouraging the manufacturers to innovate effective packaging solutions that prevent food contamination.
Region-Specific Outlook:
| Data Points | Key Statistics |
|---|---|
| Expected Market Value in 2023 | US$ 22.4 billion |
| Projected Market Value in 2033 | US$ 35.6 billion |
| Growth Rate (2023 to 2033) | 4.7 % CAGR |
Recent developments in technology, mergers, acquisitions, tie-ups, and partnerships within the companies involved in manufacturing aluminium foil sachets are expected to create lucrative opportunities for market growth during the forecast period.
Aluminium foil sachet are the most versatile and flexible packaging material in the packaging in market in today’s world. Aluminium is barrier to light and air, moisture and oxygen and is absolutely low in cost.
Aluminium foil sachets are often layered with plastic which is unreactive to the content inside it to protect it and provide it strength from breakage. Paper and plastic sachets are a direct competitors to aluminium foil sachets but paper sachets do not prevent moisture very well and plastic sachet are non-degradable which paves a way for aluminium sachets to be utilized.
Aluminium foil sachets are sturdy and offer maximum resistant to dust, oxygen, chemicals, water, moisture and other agents that tend to deteriorate the quality of stored product. Also aluminium foil sachets are light weight and this makes them travel friendly and handy for use. They take less storage space and protect the content inside from heat, dust and moisture.
The product is used in varied industrial applications due to its reflective ability, light weight, and robustness. These factors are likely to boost the market growth. Aluminium is primarily galvanized and beaten into sheets which are possible due to malleability of Aluminium and then it is made into various products like sachets, pouches and wraps.
Also, as Aluminium is recyclable, it provides manufacturers unlimited opportunities to create and innovate it. It has comparatively less production cost and improved profitability leaving lower carbon footprints than plastic.
An evolution from traditional packaging to sachet packaging has created several potential business opportunities for salespersons. As small-sized packs of quality products continue to gather popularity in developing countries, market consolidation in these countries is likely to be a key strategy for higher sales opportunities.
In addition to expanding their product portfolio for food industry, market players are tapping into opportunities in pharmaceuticals industry - which profit from aluminium foil sachet packages, as unit dose packaging allows for accurate dosage and thereby reduces product waste.
One factor which is assisting the growth of the household aluminium foil sachet market is government regulations toward food safety and quality standards, which influences the manufacturers to develop effective packaging solutions that prevent food contamination.
Growing consumer disposable income coupled with rapid expansion of online food delivery channels is driving the product demand for aluminium foil sachets in food & beverage packaging. The latest trend could be cosmetic industry trying to refurbish aluminium foil sachets to store beauty products on the go. This is a very innovate and new idea used by few cosmetic companies.
Aluminium foil sachet are being constantly getting popular in today’s world due to modernization and being convenient. It is mostly preferred by FMCG companies around the world to supply various handy products. Growing popularity of ‘functional packaging’, sachets are constantly becoming popular. Reduced pack sizes have enabled brands to penetrate more in the market. It holds the maximum market share in North America.
APAC countries like India and Bangladesh have low dispersing income and aluminium foil sachets are great for usage in these countries. Tobacco industry in India gave a major boost to aluminium sachet market in 2011 when Supreme Court banned plastic sachets for tobacco packaging.
A trend of small size packaging is gradually masking the traditional buy in bulk tendency, particularly in low-income countries of Asia Pacific and Middle East & Africa, will remain a key sales booster for sachet packaging market.
Key players in the Aluminium foil sachet market include
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on aluminium foil sachet market segments and geographies.
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Aluminium Foil Sachet Market
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