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Stick and Sachet Packing Machine Market overview by recent opportunities, growth size, regional analysis and forecasts to 2031

01-19-2023 05:42 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Global Insight Services

Stick and Sachet Packing Machine Market overview by recent

The global stick and sachet packing machine market was valued at US$ 7.2 billion in 2021 and it is anticipated to grow up to US$ 12.4 billion by 2031, at a CAGR of 5.5% during the forecast period.

New York, Global Stick and Sachet Packing Machine Market report from Global Insight Services is the single authoritative source of intelligence on Stick and Sachet Packing Machine Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Read more about Stick and Sachet Packing Machine Market here: https://www.globalinsightservices.com/reports/stick-and-sachet-packing-machine-market/

Sachet packaging is extensively used in the cosmetics & personal care, food & beverages, and pharmaceutical industries. Sachets are small, sealed, flexible pouches manufactured from paper, plastic, aluminum foil, and cellulosic and contain liquid, powder, or capsule products. As they are cheaper than large-size packets, sachets are generally used either for promotional trial packs or to cater to low-income or price-sensitive customers who prefer economical packs.

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Market Drivers and Trends

Sugar sachet packing machines, milk sachet filling machines, sachet stick packs, and tea sachet packing machines are some examples of sachet packaging machines that are increasing in demand, and the demand for small sachet packing machines is expected to drive the market's revenue growth due to the presence of many food and beverage manufacturers.

Sachet packing machine is most extensively used in medicine packaging. Sachet packing machines can easily produce blister foils, slip packs, and easy-open pouches at high speed which has increased manifold due to the growing demand for pharmaceutical products are expected to drive the growth of the sachet packaging machine market.

Therefore, increasing demand in food and pharmaceutical sectors are boosting the global stick and sachet packing machine market growth.

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Global Stick and Sachet Packing Machine Market Segmentation

By Type

Stick Pack Packing Machine
Sachet Packing Machine

By Product Type

Powder and Granule
Liquid Products
Others

By End User

Food and Beverages
Pharmaceuticals
Chemicals
Cosmetics
Others

By Region

North America
The U.S.
Canada
Mexico

Europe
UK
Germany
France
Spain

Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East
Africa

Major Players in the Global Stick and Sachet Packing Machine Market

The key players studied in the global stick and sachet packing machine market are ARANOW Packaging Machinery, S.L. (Spain), Duravant LLC (Spain), Ilapak International SA (Switzerland), Körber AG (Germany), Matrix Packaging Machinery, LLC (US), Nichrome Packaging Solutions (India), OMAG Srl (Italy), SmartPac Verpackungsmaschinen GmbH (Germany), Syntegon Technology GmbH (Germany), and Universal Pack S.r.l. (Italy).

Purchase This Market Research Report -https://www.globalinsightservices.com/checkout/single_user/GIS10460/

With Global Insight Services, you receive:

• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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