Sachet packaging is a form of flexible packaging. It is created using multiple layers of plastic, aluminum, and other materials. Moreover, sachet packaging helps to secure the product from physical or environmental hazards. In addition, this type of packaging helps in locking the product’s freshness for a long period of time.
Market Dynamics
The increasing demand of OTC drugs is expected to augment the target market growth in the U.S. In addition, OTC (over-the-counter) drugs are easily available. Moreover, they offer solutions for allergies, body pain, upper and lower gastrointestinal (GI) tract issues, and others. Furthermore, OTC drugs are available in various retail outlets.
Benefits associated with sachet packaging include offering of pre-measured single-dose packages that offer right amount of product inside, which helps in reduction of product waste. Furthermore, the aluminum foil present in sachets creates a protective barrier. This keeps contaminants such as oxygen, moisture, and light away from the medical products. This helps in the extension of shelf life of pharmaceuticals. These factors have been fueling the target market growth as well.
Moreover, key players are focusing on various strategies such as contracts and collaborations. For instance, in 2018, Innovation Pharmaceuticals Inc. (a U.S.-based clinical stage biopharmaceutical company) entered into a drug product manufacturing contract with CoreRx, a leading Contract Development Manufacturing Organization (CDMO), for formulating Brilacidin into granular form in unit dose sachets. Brilacidin is used to reduce the incidence of severe oral mucositis (SOM) in head and neck cancer (HNC) patients receiving chemo radiation therapy. Such drug product packaging in the form of sachets will offer patients with a convenient, portable, quick-mixing Brilacidin oral rinse therapy.
Key features of the study:
- This report provides in-depth analysis of North America sachet packaging in pharmaceuticals market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, country wise outlook, and competitive strategies adopted by key players
- It profiles key players in the North America sachet packaging in pharmaceuticals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Ahlstrom-Munksjo, Amcor plc, American Flexpack, Constantia Flexibles, Glenroy Inc., Multi-Pack Solutions LLC, Ropack, Inc., Sharp, Synchpack, and Tripak Pharmaceuticals
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
- The North America sachet packaging in pharmaceuticals market report caters to various stakeholders in this industry including investors, suppliers, sachet packaging in pharmaceuticals manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the North America sachet packaging in pharmaceuticals market
Detailed Segmentation:
- North America Sachet Packaging in Pharmaceuticals Market, By Material Type:
- Plastic
- Polyethylene (PE)
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
- Ethylene Vinyl Alcohol (EVOH)
- Others
- Aluminum Foils
- Paper
- Others
- North America Sachet Packaging in Pharmaceuticals Market, By Packaging Sizes:
- 01ml-10ml
- 11ml-20ml
- 21ml-30ml
- Others
- North America Sachet Packaging in Pharmaceuticals Market, By Application:
- OTC Drugs
- Health Beauty Products
- Others
- North America Sachet Packaging in Pharmaceuticals Market, By Country:
- North America
- U.S.
- By Material Type:
- Plastic
- Polyethylene (PE)
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
- Ethylene Vinyl Alcohol (EVOH)
- Others
- Aluminum Foils
- Paper
- Others
- By Packaging Sizes:
- 01ml-10ml
- 11ml-20ml
- 21ml-30ml
- Other
- By Application:
- OTC Drugs
- Health Beauty Products
- Others
- Canada
- By Material Type:
- Plastic
- Polyethylene (PE)
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
- Ethylene Vinyl Alcohol (EVOH)
- Others
- Aluminum Foils
- Paper
- Others
- By Packaging Sizes:
- 01ml-10ml
- 11ml-20ml
- 21ml-30ml
- Other
- By Application:
- OTC Drugs
- Health Beauty Products
- Others
- Company Profiles
- Ahlstrom-Munksjo*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Amcor plc
- American Flexpack
- Constantia Flexibles
- Glenroy Inc.
- Multi-Pack Solutions LLC
- Ropack, Inc.
- Sharp
- Synchpack
- Tripak Pharmaceuticals
“*” marked represents similar segmentation in other categories in the respective section.