The Asia Pacific sachet packaging machine market is expected to grow at a 5.5% CAGR between 2023 and 2033. The market value is expected to expand from USD 536.5 million in 2023 to USD 915.9 million in 2033. It was valued at USD 509.8 million at the end of 2022, and it is predicted to increase by 5.3% year on year in 2023.
In the next 10 years, the Asia Pacific sachet packaging machines market is expected to have an absolute dollar growth opportunity of USD 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.
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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.
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 USD 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 USD 218 million during the forecast period.
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.
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.
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.
Key Players
Spack Machine; Honor Packaging Machinery Co., Ltd; BSP Packaging Co Ltd.; JDA-Progress; Guangzhou Xuguang Packing Machinery Equipment Co., Ltd.; Beijing Hengrunxin Import and Export Co., Ltd.; Shanghai Joygoal Food Machinery Co., Ltd.; Wenzhou Kedi Machinery Co., Ltd.; Guangzhou Rifu Packaging Machinery Co., Ltd.; Wenzhou Echo Machinery Co., Ltd.; Aranow Packaging Machinery; Wraptech Machines Pvt. Ltd.; Unitek Packaging Systems Private Limited; Blenzor India; Star Pack Machineries; Innomation Equipments Pvt. Ltd.; Fuji Machinery Co., Ltd.
Asia Pacific Sachet Packaging Machines Market Outlook by Category
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 minutes)
- High-speed Machine (350 & above sachets per minute)
By Product Form:
- Granules
- Powder
- Liquid
- Semi Solid (Viscous)
By End Use:
- Food
- Sauces & Dips
- Salt & sugar
- Spices & Condiments
- Tea & Coffee
- Bakery & Confectionery
- Dairy Products
- Other Food Products (Snacks, Edible Oil)
- Personal Care & Cosmetics
- Shampoo & Conditioner
- Hair Oil
- Skin Care Products
- Pharmaceuticals
- Creams & Ointments
- Probiotics
- Vitamin Supplements
- Other Industrial
- Sealants & Adhesives
- Lubricants & Solvents
By Country:
- China
- India
- Japan
- Association of Southeast Asian Nations Countries
- South Korea
- Australia & New Zealand
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