Press release
Aseptic Packaging Market is estimated to grow at a CAGR of 8% during 2018 to 2025 | Vital Players as Amcor Limited, Tetra Pak International SA, Greatview Aseptic Packaging Co., Ltd., SIG Combiboc Obeikan, ELOPAK Group and Reynolds Group Holdings Limited
Aseptic Packaging Market
The radical form in which urbanization occurred in the emerging economies of China and India in the last decade has been beneficial for the food, beverage and dairy industries. These two countries are home to more than a third of the world's population, and many of them now require packaged products ready for consumption and drinkable, which avoids environmental contamination without containing any of them. According to the findings of this business intelligence study, the demand in the aseptic packaging market will extend to an impressive average annual growth rate of 8.0% during the forecast period 2017-2025.
The aseptic packaging market was valued at USD 40 billion in 2017 and is projected to grow at a CAGR of over 8% from 2018 to 2025.
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Drivers and restrictions:
In addition to the growing demand for suitably packaged food products from emerging economies in Asia, western developed countries are also expected to maintain a steady demand in the aseptic packaging market in the near future, which can be attributed to a larger awareness regarding the benefits. The advent of ecological aseptic packaging, cost reduction and ease of handling are some of the other drivers of this market. In addition, the pharmaceutical industry is also expected to become an end-user segment that will increase market demand during the forecast period of this report, from 2017 to 2024. On the other hand, complexity of the manufacturing process is anticipated to be a mild restraint over the progress of the market going forward. This report also highlights and analyzes market opportunities, such as the growing awareness of the side effects caused by alternative packaging methods that use preservatives.
Geographical segmentation:
The Aseptic packaging market has been divided into five regions, such as Asia-Pacific, North America, Europe, the Middle East and Africa. The increasing need for packaging to extend the shelf life of the products in the food and beverages industry will promote the market boom in all the regions of the world.
Key Players:
The main players in the Aseptic Packaging Market are Amcor Limited (Australia), Tetra Pak International SA (Switzerland), Greatview Aseptic Packaging Co., Ltd. (China), SIG Combiboc Obeikan (Switzerland), Reynolds Group Holdings Limited (United States) and ELOPAK Group. (Norway), Sealed Air Corporation (United States), Molopak LLC (Russia) and SIG Combibloc Group AG (Switzerland).
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Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.
The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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