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Aseptic Packaging Market Growth Rate, Scope, Leading Players, Analysis, And Forecast To 2032
Aseptic Packaging Market Analysis
The Business Research Company's Aseptic Packaging Global Market Report 2023 identifies increase in demand for convenience food products with a longer shelf life and safe hygiene packaging as the major driver for the aseptic packaging market's growth in the forecast period. For instance, the global processed snacks market is expected to increase from $96.9 billion in 2020 to $142.0 billion by 2025. Therefore, the growing demand for convenience and processed food drives the growth of the aseptic packaging market
The global aseptic packaging market size grew from $64.07 billion in 2022 to $70.56 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aseptic packaging market size is expected to grow to $107.81 billion in 2027 at a CAGR of 11.2%.
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Major competitors in the aseptic packaging market are Reynolds Group Holdings Limited, Amcor Limited, Tetra Laval International S.A, Greatview Aseptic Packaging Co. Ltd., Tetra Pak International SA.
A key trend in the aseptic packaging market includes development of single-use passive for ensuring maximum safety and reducing wastage. Single-use passive refers to transferring the contained and sterile contents between manufacturing process steps and facilities. It also creates an agile manufacturing environment and lowers the toxicity when mixing to make a final product, thus saving time and cost associated with cleaning, maintenance and validation. For instance, in June 2022, Greatview Aseptic Packaging Company, a China-based aseptic processing company, introduced aseptic cartons. This aseptic carton is derived from a biobased polymer utilized to produce the aseptic carton pack and laminate paper boards to improve sustainability in product packaging.
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The aseptic packaging market is segmented -
1) By Type: Cartons, Bags And Pouches, Bottles And Cans, Ampoules, Other Types
2) By Material: Plastic, Paper And Paperboard, Metal, Glass, Wood
3) By Application: Food, Beverage, Pharmaceutical, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the aseptic packaging market.
The Business Research Company's "Global Aseptic Packaging Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Aseptic Packaging Market Include:
1. Executive Summary
2. Aseptic Packaging Market Characteristics
3. Aseptic Packaging Market Trends And Strategies
4. Aseptic Packaging Market - Macro Economic Scenario
5. Aseptic Packaging Market Size And Growth
………
26. Africa Aseptic Packaging Market
27. Aseptic Packaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aseptic Packaging Market
29. Aseptic Packaging Market Future Outlook and Potential Analysis
30. Appendix
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