An emerging market analysis titled “Anticipated Trends, Drivers of Growth, and Obstacles in the Aseptic Packaging Market” has been showcased on Report Ocean.
The “Global Aseptic Packaging Market” report offers comprehensive insights into factors affecting demand, growth, opportunities, challenges, and limitations. It covers global and regional industry dynamics, including research & development, new product launches, and responses from leading players in both global and local markets. The report provides visual representations and regional breakdowns of the Aseptic Packaging Market.
Obtain a comprehensive report on the Aseptic Packaging Market, which includes a full table of contents, over 200 tables and figures, and charts. The report provides precise information on the market before and after the COVID-19 outbreak, segmented by region.
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What’s the extent of the Global Aseptic Packaging Market in terms of size?
Global Aseptic Packaging Market is valued at approximately USD 6.19 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 10.89% over the forecast period 2022-2029.
What is Aseptic Packaging?
Aseptic packaging involves packing a beverage or food product at an ultra-high temperature (UHT), sterilizing or disinfecting it covertly, and then fusing and sealing it under sterilized atmospheres to prevent bacterial and virus contamination. Plastic, glass, paperboard, or metal are used to make cans, containers, cartons, and other aseptic packages. The shelf life of packed goods is increased by aseptic packaging. It is also environmentally friendly. The key factors driving the market growth are rising consumption of dairy beverages, increasing demand for convenience and quality food products, growing urban population, and growing e-commerce sales.
According to the India Brand Equity Foundation (IBEF), in 2020, Indian e-commerce valued at USD 46.2 billion and is anticipated to reach USD 188 billion by 2025. Also, rise in adoption of automation in the production of aseptic packaging would create lucrative opportunities for the market during forecast period. However, the uncertain prices of raw materials and high initial capital investment stifle market growth throughout the forecast period of 2022-2029.
Which regions are considered in the Global Aseptic Packaging Market study?
The key regions considered for the Global Aseptic Packaging Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the rising demand in food and beverages industry in the region. North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising demand in pharmaceutical and food & beverages industries.
Major market players included in this report are:
- Amcor plc
- DS Smith Plc
- Mondi plc
- Reynolds Group Holdings Limited
- SIG Combibloc Group AG
- Sonoco Products Company
- Smurfit Kappa Group plc
- Stora Enso Oyj
- Tetra Laval International S.A.
- UFlex Limited
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Recent Developments in the Market:
In 2021, Nongfu Spring expanded its product line with the addition of a new product. This product can process both high and low acids in PET and is a very flexible and secure solution. The Chinese beverage manufacturer used this line to allow them to release new Ready-to-Drink (RTD) beverages that were aseptically packaged in PET bottles.
In 2020, The India-based company, Varun Beverages Ltd, a part of the RJ Corp group and a global franchisee of PepsiCo Inc., installed Sidel’s Aseptic Combi Predis. The objective of this initiative is to increase PET bottling capacity and give private label manufacturers more production flexibility. RJ Corp is introducing liquid dairy products (LDP) in PET for commercial use in India by using new aseptic dry preform sterilisation technology.
Global Aseptic Packaging Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Packaging Type, Material, End-User Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Packaging Type offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
By Packaging Type:
Carton
Bags & Pouches
Bottles & Cans
By Material:
Paper & Paperboard
Plastics
Metal
Glass
By End-User Industry:
Food
Beverages
By Region:
North America: U.S., Canada
Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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Report Overview:
This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the Aseptic Packaging market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.
Market Dynamics:
Encompassing a global perspective, this study presents insights into the influential entities within the worldwide Aseptic Packaging market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global Aseptic Packaging market.
Marketing Insights:
The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global Aseptic Packaging market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global Aseptic Packaging market. It encapsulates indispensable insights extracted from the Aseptic Packaging Market domain, facilitating informed decision-making processes.
This report covers several key questions related to the global Aseptic Packaging market, including:
- What can be expected for the Aseptic Packaging market in the next decade?
- What are the primary drivers of growth in the global Aseptic Packaging market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Aseptic Packaging market vary based on the size of the end market?
- What is the breakdown of Aseptic Packaging by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Aseptic Packaging market?
Our most recent research report showcases the thriving expansion of the global Aseptic Packaging Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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