Global Aseptic Packaging Market Size study & Forecast, by Packaging Type (Carton, Bags & Pouches, Bottles & Cans), by Material (Paper & Paperboard, Plastics, Metal, Glass), by End-User (Beverage, Food) and Regional Analysis, 2022-2029
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. 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.
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
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
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. 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
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
Companies Mentioned
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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