Aseptic Packaging Market Size is Surge at USD 178.74 Billion by 2031 | Rising Demand Due to Growing Pharmaceutical & Food Industries

"According to SNS Insider, the Aseptic packaging market size was valued at USD 79.19 billion in 2023 and is expected to reach USD 178.74 billion by 2031. The CAGR estimated by SNS Insider is 10.68%"

The aseptic packaging market is growing due to a several of consumer and industry key trends.

The growth is encouraged by rapid urbanization, a 2023 UN report projects that 61% of the global population will reside in cities by 2030. This translates to a growing demand for convenient, shelf-stable food and beverages, perfectly aligned with aseptic packaging's strengths. Furthermore, the rise of the health-conscious consumer is driving a surge in demand for minimally processed, natural ingredients.
Aseptic packaging excels in this area, as it safeguards products from contamination and extends shelf life without compromising quality, a key factor for a 2022 recent expert study revealed 72% of global consumers prioritize fresh ingredients.

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Major Players Listed in this Report are:
- Sealed Air Corporation
- DS Smith
- IMA Group
- Amcor Limited
- Tetra Pak International SA
- Berry Global Inc
- Krones AG
- International Paper
- Great View Aseptic Packaging Company Ltd
- LiquiBox

Setting up aseptic processing lines requires significant upfront investment, with estimates reaching over $20 million.

This can be prohibitive for smaller manufacturers, limiting their ability to compete with larger players who can leverage economies of scale. Additionally, the aseptic packaging itself can be more expensive than traditional options, impacting price points for consumers. Furthermore, concerns regarding the environmental impact of aseptic materials, particularly those containing multiple layers of plastic and aluminum, are on the rise. Consumers are increasingly eco-conscious, and stricter regulations on plastic waste management could affect the market's growth.

The global demand for aseptic packaging in the pharmaceutical sector is expected to witness a significant rise, with a growth rate of 6.7% by 2031.

This growth is driven by the increasing need for aseptic packaging of biologics and vaccines, which require stringent protection from contamination. Furthermore, the flourishing e-commerce landscape is creating a boon for aseptic packaging, particularly for single-serve beverages and portion-controlled food items. Aseptic packaging's lightweight design and efficient transportation capabilities make it ideal for online retail, contributing to a projected growth of 4.8% in the food and beverage segment by 2025.
Aseptic Packaging Market Key Segments:

By Raw Material
- Plastic
- Paper & Paperboard
- Wood
- Glass
- Metal
- Others

By Product Type
- Bags & Pouches
- Cartons
- Ampoules
- Prefilled Syringes
- Others

By End use
- Food & Beverages
- Pharmaceutical
- Others

Aseptic packaging provides to a diverse range of end-use industries, with food and beverages leading the charge.
Food & Beverages sub-segment accounts for roughly 53% of the market share, driven by the need for extended shelf life and convenient packaging for milk, juice, and other liquid products. Following closely behind is the pharmaceutical sector, anticipated to grow at a significant 9% CAGR due to the increasing demand for sterile packaging for sensitive drugs and biologics. The "Others" segment, encompassing personal care products and nutraceuticals, is expected to witness healthy growth as well, but currently holds a smaller market share of approximately 18%.

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According to SNS Insider APAC will be holding the maximum share during the forecasted period.

Government initiatives promoting hygiene and food safety regulations in countries like India and China are promoting demand for aseptic packaging solutions. The expanding food and beverage industry, particularly for products like milk, juice, and yogurt, finds aseptic packaging's extended shelf life and lightweight properties highly attractive. This is further amplified by a growing emphasis on convenience and on-the-go consumption among young consumers.
The dominance of local players in the region forces cost-competitiveness, making aseptic packaging an even more appealing option. Interestingly, sustainability concerns are also driving innovation. Governments like that of South Korea are increasingly implementing regulations to encourage eco-friendly packaging materials. This, in turn, is leading to the development of recyclable cartons and bio-based aseptic packaging solutions, ensuring responsible growth within the APAC market.

Recent Developments:
- In February 2023, SIG Combibloc partnered with NotCo, a plant-based food company, to offer NotMilk High Protein beverages in their aseptic carton boxes. This collaboration broadens the reach of plant-based options while leveraging SIG's expertise.
- Tetra Pak is focusing on sustainable solutions. Their emphasis on eco-friendly materials and reduced packaging weight aligns with the growing focus on minimizing environmental impact.

Key Takeaways:
- Consumers are demanding healthy, preservative-free beverages and food, perfectly aligned with aseptic packaging's ability to extend shelf life without compromising quality.
- This is particularly exciting for the beverage industry, with aseptic cartons dominating the market for milk, juices, and even emerging categories like plant-based drinks. Interestingly, sustainability is also playing a major role.
- Paper and paperboard, the most popular materials, are increasingly sought after due to their eco-friendly nature. While plastic still holds a significant share, innovation in sustainable plastic formulations is on the rise.
- The future of aseptic packaging is bright, with a growing market, evolving consumer preferences, and a focus on environmentally friendly solutions.

Table of Contents - Key Points
1 Introduction
2 Research Methodology
3 Market Dynamics
4 Impact Analysis
5 Value Chain Analysis
6 Porter's 5 forces model
7 PEST Analysis
8 Aseptic Packaging Market Segmentation By Raw Material
9 Aseptic Packaging Market Segmentation By Product Type
10 Aseptic Packaging Market Segmentation By End Use
11 Regional Analysis
12 Company profile
13 Competitive Landscape
14 Use Case and Best Practices
15 Conclusion
Continued…

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This release was published on openPR.