According to Goldstein Research, “Aseptic packaging is gaining immense popularity among manufacturers as aseptic packaging provides sterile environment to products which prevent the contamination by microorganisms. Major factors such as increasing demand for efficient supply chains in food and beverage industry and rising demand from the pharmaceutical and healthcare industry for effective and eco-friendly packaging are expected to encourage the adoption of aseptic packaging over the forecast period.”
Global aseptic packaging market is segmented on the basis of types of packaging, by application and by end user. End-user segment is further categorized into food and beverage industry and pharmaceutical and healthcare industry. Food and beverage industry occupied nearly 60% revenue share of global aseptic packaging market in 2016. Owing to the increasing demand for packaged food, this segment is likely to dominate the global aseptic packaging market during the forecast period.
Bottle aseptic packaging is the dominating segment of types of aseptic packaging in 2015. However, growing demand for lightweight and flexible packaging materials which reduces transportation costs is expected to increase the adoption of carton aseptic packaging during the forecast period.
North America aseptic packaging market valued USD 8.32 billion in 2016 and is projected to reach 17.83 billion in 2024, growing at a healthy CAGR during the forecast period. Increasing demand for packaged food in the region creates huge requirement for effective packaging to extend the shelf life of products. Pharmaceutical industry accounted for the largest share of North America aseptic packaging market in 2016.
Shifting from conventional packaging process to sustainable aseptic filling
Aseptic packaging not only extend shelf life of products while maintaining food safety but it also saves energy and provide monetary benefits to companies by reducing the need for refrigeration used for storage and deliverance of products. Companies are increasing R&D spending to provide sustainable aseptic packaging solutions for the consumers. Recent introduction of Tetra Brik Aseptic 1000 Edge with Bio-based LightCap 30 by a multinational food packaging and processing company Tetra Pak is an innovative development in aseptic packaging. This aseptic packaging solution by Tetra Pak claims 17% reduction in carbon footprint as compared to other packaging solutions.
“Global Aseptic Packaging Market Outlook 2024” contains detailed overview of the global aseptic packaging market in terms of market segmentation by types of packaging, by application and by end user
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global aseptic packaging market also provides competitive outlook of some of the major players of global aseptic packaging market which includes profiling of companies such as Tetra Pak International S.A., Robert Bosch GmbH, SIG Combiboc Obeikan, Reynolds Group Holdings Limited, Amcor Limited, Bemis Company, Inc., Becton, Dickinson and Company, Greatview Aseptic Packaging Co., Ltd., IMA S.P.A, DuPont, Krones, DS Smith, Elopak, Scholle Packaging, Parish Manufacturing, Goglio, Printpack, China Capak Packaging and Schott Pharmaceutical Packaging. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global aseptic packaging market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Backed up by reliable research and impactful statistics, our business solutions empower our clients to grow at a fast pace despite unsettling fluctuations in the market. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.