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Aseptic Packaging Market 2024-2033 | Size, Share Trends, And Insights
Aseptic Packaging Market
Aseptic Packaging Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $129.17 billion In 2028 At A CAGR Of 12.7% :
The aseptic packaging market size has grown rapidly in recent years. It will grow from $71.88 billion in 2023 to $80.13 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to consumer demand for convenience, extended shelf life, reduced need for preservatives, globalization of food supply chains, increased focus on food safety, market expansion in developing regions.
The aseptic packaging market size is expected to see rapid growth in the next few years. It will grow to $129.17 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%. The growth in the forecast period can be attributed to e-commerce growth, rising urbanization, stringent regulations, focus on sustainable packaging, increasing demand for dairy alternatives, changing consumer lifestyles. Major trends in the forecast period include technological advancements, single-serve packaging, smart packaging integration, collaborations and partnerships, investments in R&D.
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Aseptic Packaging Market Major Segments
The aseptic packaging market covered in this report 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
Key Driver - Rising Demand For Convenience Foods Propels Growth In Aseptic Packaging Market
The increase in demand for convenience food products with a longer shelf life and safe hygiene packaging is expected to drive the growth of the aseptic packaging market 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
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Prominent Trend - Focus On Advancement In Aseptic Packaging Market For Enhanced Safety And Efficiency
Companies in the aseptic packaging market are focusing on the 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.
Aseptic Packaging Market Players
Major companies operating in the aseptic packaging market report are Tetra Laval International S.A, Amcor Limited, DS Smith PLC., Nippon Paper Industries, Refresco Group N.V., Sealed Air Corporation, Reynolds Group Holdings Limited, Sidel Group, Visy Industries, SIG Combibloc AG, UFlex Limited, RPC Group, IPI S.r.l., ELOPAK Group, Shibuya Kogyo Co. Ltd., JBT Corporation, Coesia S.p.A., Greatview Aseptic Packaging Co. Ltd., Scholle IPN, Bemis Company Inc., Bemis Company Inc, Printpack Inc., Waldner, Ecolean AB, Aseptic Solutions USA, Comar LLC, Packaging World Co. Ltd., Molins PLC, Trepko Group, Evergreen Packaging LLC
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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the aseptic packaging market in 2023. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the aseptic packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Aseptic Packaging Market Report Structure
3. Aseptic Packaging Market Trends And Strategies
4. Aseptic Packaging Market - Macro Economic Scenario
5. Aseptic Packaging Market Size And Growth
…..
27. Aseptic Packaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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