North America Sachet Packaging in Pharmaceuticals Market, By Material (Plastic and non-plastic), By Packaging Sizes (01ml-10ml, 11ml-20ml, 21ml-30ml, and Others), By Application (OTC Drugs, Health Beauty Products, and Others)

Published In : Oct 2024

Code : CMI4563

Pages :125

Formats :

Excel and PDF

Industry : Packaging

North America Sachet Packaging In Pharmaceuticals Market Size and Trends

North America sachet packaging in pharmaceuticals market is estimated to be valued at USD 530.2 Mn in 2024 and is expected to reach USD 840.2 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031. Sachet packaging offers advantages like single-dose usability and affordability for consumers with low incomes, driving its demand from pharmaceutical manufacturers in the region.

North America Sachet Packaging in Pharmaceuticals Market Key Factors

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The market is expected to witness positive growth over the forecast period owing to increasing preference for small dose packaging among consumers and focus of pharma companies on pricing strategies to make medicines affordable for all. Rising demand for convenient packaging and ability of sachets to target niche applications are factors contributing to the market expansion.

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Top Strategies Followed by North America Sachet Packaging in Pharmaceuticals Market Players

Established Players: Leading companies extensively focus on research and development to innovate high-performance products. Major players like Amcor, Bemis Company, and others invest up to 5% of annual revenue in R&D. This helps them launch advanced packaging solutions that increase drug stability, bioavailability and patient compliance.
Mid-Level Players: Companies focus on delivering cost-effective, quality solutions targeting price-sensitive consumers. American Packaging Corporation offers generic drugs packaging at competitive rates.
Small-Scale Players: Companies specialize in niche areas. For example, Sharp focus on child-resistant, senior-friendly blister packages for specific therapeutic segments. Adopting new technologies allows small entities to compete. Express Image is using digital printing for on-demand customization and variable data, allowing versioned manufacturing at low batches. Local partnerships provide market access. Anthropic partnered with several California-based manufacturers to supply sachets for local pharmacies, gaining traction.

Emerging Startups in the North America Sachet Packaging in Pharmaceuticals Market

Innovative Technologies: Startups are developing smart solutions - Medi Sentry uses printed electronics, sensors and AI to ensure medication adherence from manufacture to home. Their real-time tracking aims to reduce healthcare costs.

Sustainable Solutions: EcoPack makes biodegradable, plant-based blisters and pouches reducing plastic waste. Their products decompose fully with no toxic residues. This significantly cuts packaging's environmental impact.

Market Contribution: Startups address unique needs. OpenNature developed single-use sachets for vaccines needing no cold chain, improving access. Modjoul supplies digital therapeutics via smart sachets to enhance care for chronic diseases.

Collaborations spur innovation. IPACKMED partners with Purdue University to 3D print intelligent packaging integrating sensors for personalized medication.