Press release
Aseptic Packaging Market 2021 Insights and Business Scenario- Tetra Pak International SA, Amcor Limited, Sealed Air Corporation, SIG Combibloc Group
The report presents an in-depth assessment of the Aseptic Packaging Market including enabling technologies, key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Aseptic Packaging investments from 2021 till 2025.The aseptic packaging market was valued at USD 46.12 billion in 2019 and is expected to reach USD 66.5 billion by 2025, at a CAGR of 6.65% over the forecast period 2020 - 2025.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Aseptic Packaging Market: Tetra Pak International SA, Amcor Limited, Sealed Air Corporation, SIG Combibloc Group, Bemis Company Inc., Schott AG, Coveris Holdings SA, DS Smith PLC, Elopak AS, Mondi PLC, Becton, Dickinson & Co
Key Developments:
- February 2019 - Sealed Air Corporation acquired MGMs flexible packaging business. MGM is a privately held company headquartered in Manila, the Philippines. Founded in 1982, MGM specializes in printing and laminating and provides flexible food packaging materials for consumer-packaged goods markets in Southeast Asia. The company also exports to and supports companies in Australia, Brunei Darussalam, and New Zealand. Sealed Air plans to leverage MGMs expertise to expand its printing and lamination capabilities and better serve customers throughout the Asia-Pacific region.
Market Overview:
Growth in the aseptic packaging market is driven by the packaging material's ability to respond to the need for high and uniform product quality, higher nutrient retention, and avoid the bisphenol A (BPA) controversy, which is commonly found in can liners. Aseptic packaging has been able to meet all these demands while increasing the shelf life of selected products by an estimated period of six to twelve months without refrigeration.
- Aseptic packaging is generally seen as a strong substitute for canning and the use of preservatives for increasing shelf life. Though there is a requirement for high initial investment for material and packaging machinery that is specific to this process, the ROI achieved due to the reduced cost of cold chain logistics and distribution as well as preservatives has allowed manufacturers to reap benefits within three to five years.
Regional Analysis:
For comprehensive understanding of market dynamics, the global Aseptic Packaging Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Key Market Trends
Milk and Other Dairy Beverages in Beverage to Drive the Market Growth
- The dairy sector has witnessed a strong growth, mainly driven by the consumer preference for protein-heavy diets compared to carbohydrates. Milk is the most consumed dairy product in the world. The milk available in a bottle, packed with the current processing technology, has a shelf-life between 10 and 21 days when stored at 4-8C. With the advent of processes like UP and UHT, the shelf life of packaged milk was extended up to a year without refrigeration. This has been a significant driver for aseptic packaging across the milk production sector.
- Also, Yogurts have witnessed increased usage, especially in Asian countries. For instance, according to a combined study by PMMI, Australian Packaging and Processing Machinery Association, Italian Manufacturers of Automatic Packing and Packaging Machinery, and the Processing Packaging Machinery Trade Association, the sales of plain yogurt in China are anticipated to witness a CAGR of 26% through 2020, followed by India, registering a CAGR of 16%. While PET bottles allow brands to differentiate themselves from competitors on store shelves, there is a significant focus on food safety due to contamination.
The report has 150 tables and figures browse the report description and TOC:
https://www.marketinsightsreports.com/reports/10192357857/aseptic-packaging-market-growth-trends-and-forecasts-2020-2025?Mode=48
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Aseptic Packaging Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Finally, Aseptic Packaging Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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