The Global Aseptic Packaging Market Estimated to Gain $73.71 Billion in Revenue by 2028

According to Triton’s report, the global aseptic packaging market, which garnered $37.70 billion in 2020, is probable to experience growth at 9.24% of CAGR by 2028.

A recent study by Triton Market Research titled ‘Global Aseptic Packaging Market’ entails the Global Analysis and Forecasts by Material (Paper & Paperboard; Glass; Plastics; Metals; Other Materials), Industry Vertical (Food; Beverage; Healthcare; Other Industry Verticals), Type (Vials, Prefilled Syringes, and Ampoules; Bags and Pouches; Carton; Bottles and Cans; Other Types), and by Geography (Asia-Pacific, North America, Europe, Middle East and Africa, Latin America).

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Triton’s report estimates the global aseptic packaging market to progress based on revenue at a CAGR of 9.24% during the reviewed phase 2021-2028. It is predicted to obtain revenue worth $73.81 billion by 2028.

Aseptic packaging has gained significant traction in numerous end-user industries, such as healthcare and food & beverage. It is used to sterilize packages and their contents in a distinct environment.

The enhanced recycling rates for packaging, reduced rate of cold chain logistics, rising demand for products with extended shelf life, and surging demand for processed foods, are a major set of factors driving the growth of the aseptic packaging market. For instance, some food and beverage products can degrade if stored for a longer period. In such a case, aseptic packaging offers longer shelf life than traditional hot-fill packaging. Moreover, it eliminates the need for refrigeration, catering to the growing demand for processed food globally.

However, the fluctuating prices of raw materials such as polymer, paper, glass, and steel, have put packaging companies in a vulnerable position across the value chain. Thus, the volatile cost of raw materials is negatively impacting the studied market’s future growth.

The market for aseptic packaging is categorized into material, industrial vertical, and type. The material section is divided into paper & paperboard; glass; plastics; metals; and other materials. In terms of industry vertical, the market is subdivided into food; beverage; healthcare; and other industry verticals. Lastly, the type section is branched into vials, prefilled syringes, and ampoules; bags and pouches; carton; bottles and cans; and other types.

Globally, the Asia-Pacific is expected to observe the fastest growth rate in the aseptic packaging market over the forecast period. Among the countries, companies in the Indian food industry are planning to surge the use of sterilized products in transport packaging, which is creating new opportunities for the considered market. Aseptic packaging assists in sustaining the products for longer periods. This has increased the demand for aseptic packaging solutions in the pharmaceutical sector in South Korea. Therefore, the growing demand for aseptic packaging in multiple end-user industries is set to generate new growth opportunities for the aseptic packaging market.

Reynold Group Holdings Plc, Uflex Limited, Bemis Company Inc, SIG Combibloc Group AG, Sealed Air Corporation, Tetra Laval International SA, Elopak AS, Stora Enso Oyj, Sonoco Products Company, Smurfit Kappa Group Plc, Mondi Plc, Schott AG, DS Smith Plc, and Amcor Plc are major enterprises in the aseptic packaging market.

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Question & Answer: Aseptic Packaging Market

Question 1: What major set of factors are driving the growth of the aseptic packaging market?

Answer: The enhanced recycling rates for packaging, reduced rate of cold chain logistics, rising demand for products with extended shelf life, and surging demand for processed foods, are a major set of factors driving the growth of the aseptic packaging market. For instance, some food and beverage products can degrade if stored for a longer period. In such a case, aseptic packaging offers longer shelf life than traditional hot-fill packaging. Moreover, it eliminates the need for refrigeration, catering to the growing demand for processed food globally.

Question 2: What factor is negatively impacting the aseptic packaging market’s future growth?

Answer: The fluctuating prices of raw materials such as polymer, paper, glass, and steel, have put packaging companies in a vulnerable position across the value chain. Thus, the volatile cost of raw materials is negatively impacting the studied market’s future growth.

Question 3: Which region is expected to observe the fastest growth rate in the aseptic packaging market?

Answer: Globally, the Asia-Pacific is expected to observe the fastest growth rate in the aseptic packaging market over the forecast period. Among the countries, companies in the Indian food industry are planning to surge the use of sterilized products in transport packaging, which is creating new opportunities for the considered market. Aseptic packaging assists in sustaining the products for longer periods. This has increased the demand for aseptic packaging solutions in the pharmaceutical sector in South Korea. Therefore, the growing demand for aseptic packaging in multiple end-user industries is set to generate new growth opportunities for the aseptic packaging market.

Question 4: Which are the major enterprises in the aseptic packaging market?

Answer: Reynold Group Holdings Plc, Uflex Limited, Bemis Company Inc, SIG Combibloc Group AG, Sealed Air Corporation, Tetra Laval International SA, Elopak AS, Stora Enso Oyj, Sonoco Products Company, Smurfit Kappa Group Plc, Mondi Plc, Schott AG, DS Smith Plc, and Amcor Plc are major enterprises in the aseptic packaging market.


Related Report:

Global Flexible Packaging

The global flexible packaging market is estimated to display growth in its revenue and volume during 2019-2027 at a CAGR of 4.22% and 3.68%. Moreover, It is expected to reap revenue worth $300.60 million by 2028.

Plastic materials are flexible in nature and are widely used for flexible packaging. They are made of multiple synthetic or semi-synthetic substances, making them ideal for use in the packaging sector.

The surging demand for flexible packaging from end-users and the increase in the shelf life of products are driving the flexible packaging market on a growth path. Further, the advancements in manufacturing activities are creating new growth opportunities for the global market over the forecast period.

However, stringent environmental regulations, coupled with issues regarding recyclability, is hampering the growth of the flexible packaging market in the global market.

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