Global aseptic packaging market expected to generate revenue of around USD 79.48 billion by the end of 2024, growing at a CAGR of around 10.5% between 2018 and 2024. Growing demand for disposable equipment in the healthcare industry is expected to increase demand for aseptic packaging products which will positively impact the industry growth over the forecast period.
The report covers forecast and analysis for the aseptic packaging market on a global and regional level. The study provides historic data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the aseptic packaging market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the aseptic packaging market on a global level.
In order to give the users of this report a comprehensive view of the aseptic packaging market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein type segment, material segment, and application segment are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, the product portfolio of various companies according to the region.
The study provides a decisive view of the aseptic packaging market by segmenting the market based on type, material, application, and regions. All the segments have been analyzed based on present and the future trends and the market is estimated from 2017 to 2024. The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. This segmentation includes demand for aseptic packaging market based on all segments in all the regions and countries.
The report also includes detailed profiles of end players such as Robert Bosch GmbH, Becton Dickinson, and Company, E.I. Du Pont De Nemours and Company, Industria Macchine Automatiche S.P.A, Tetra Laval International S.A., Reynolds Group Holding, Greatview Aseptic Packaging Co., Ltd., Bemis Company, Inc., and Amcor Limited and Schott AG, among others.
This report segments the global aseptic packaging market as follows:
Global Aseptic Packaging Market: Type Segment Analysis
Global Aseptic Packaging Market: Material Segment Analysis
Global Aseptic Packaging Market: Application Segment Analysis
Global Aseptic Packaging Market: Regional Segment Analysis
Aseptic packaging is known as a filling of commercial sterile product into a sterile container under aseptic conditions and seals them in order to prevent contamination. Aseptic packaging is used for numerous food and beverage products such as soup, tomatoes, milk, pudding, etc. Materials that have been conventionally used in aseptic packaging include film foil and polyethylene. The aseptic packaging consists of renewable sources and uses nearly 60% less plastic as compared to other types of packaging. The precise selection of the packaging material type plays an important role in maintaining packaged quality and freshness of a product during distribution and storage. Developments in the aseptic packaging have contributed to increasing the shelf-life of products.
Aseptic packaging can be achieved in various forms. The processing and packaging equipment is heated at a temperature of 320ºF. The packaging can be sterilized by heat, steam, radiation, or hydrogen peroxide. Due to the recent developments, a broad range of containers and packages are filled aseptically. The application associated with the aseptic packaging technology includes packaging of sterile and pre-sterilized products and packaging of the non-sterile product in order to avoid infection of micro-organisms. Furthermore, the advantages in processing and increased availability of biotechnology-based injectable drugs necessitate aseptic filling and packaging.
Based on the type, the aseptic packaging market is segmented into bottles & cans, bags & pouches, cartons, and others. Based on material, the market is segmented into paperboard & paper, metal, glass, plastic, and wood. Based on application, the aseptic packaging market is segmented into beverage and food.
Asia Pacific aseptic packaging market accounted for significant revenue share in 2017. Rising demand for aseptic packaging in countries such as India and China, coupled with the growing food & beverage industry in these countries is expected to drive the aseptic packaging market growth over the forecast period. In developed countries such as the U.S. and Germany, strict government regulations and industry standards for pharmaceutical packaging encourage the growth of aseptic packaging.
Some of the key players operating in the aseptic packaging market include Robert Bosch GmbH, Becton Dickinson, and Company, E.I. Du Pont De Nemours and Company, Industria Macchine Automatiche S.P.A, Tetra Laval International S.A., Reynolds Group Holding, Greatview Aseptic Packaging Co., Ltd., Bemis Company, Inc., Amcor Limited, and Schott AG, among others. Industry players are mostly engaged in the manufacturing of packaging materials and invest in the R&D to introduce novel packaging designs and expand their business.
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