Press release
Aseptic Packaging Market Securing Shelf Life, Protecting the Planet: The Future of Aseptic Packaging
Aseptic Packaging Market to reach over USD 155.42 billion by the year 2031 - Exclusive Report by InsightAce AnalyticInsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Aseptic Packaging Market Size, Share & Trends Analysis Report By Material (Plastic, Glass & Wood, Metal, Paper & Paperboard), Type (Cartons, Bottles & Cans, Bags & Pouches), Application (Food and Beverage, Pharmaceutical)- Market Outlook And Industry Analysis 2031"
The Global Aseptic Packaging Market is estimated to reach over USD 155.42 billion by 2024-2031, exhibiting a CAGR of 9.85% during the forecast period.
Get a free sample copy of the report: https://www.insightaceanalytic.com/request-sample/1741
Aseptic Packaging Market: Ensuring Food Safety and Sustainability
Aseptic packaging offers a powerful combination of safety, convenience, and environmental benefits, driving its growth in the global market.
The Aseptic Process: Protection and Preservation
Aseptic packaging involves:
• Ultra-high temperature (UHT) sterilization of the product.
• Separate sterilization of the packaging material.
• Aseptic sealing in a sterile environment.
This process eliminates harmful germs and viruses, while preserving the freshness of the contents without the need for preservatives.
Market Growth Drivers
Several factors are fueling the expansion of the aseptic packaging market:
• Demand for sustainable packaging: Food and beverage companies are increasingly seeking sustainable solutions with extended shelf life. Aseptic packaging offers an eco-friendly alternative with reduced environmental impact.
• Shifting consumer preferences: The growing popularity of ready-to-eat meals and convenient food options creates a demand for high-quality, shelf-stable packaging solutions. Aseptic packaging caters to this need perfectly.
• Rise of e-commerce: The booming e-commerce sector presents new opportunities for aseptic packaging, as it ensures safe and secure delivery of food and beverages.
• Development in emerging markets: Growing disposable incomes and rising urbanization in developing nations are expected to further propel the demand for aseptic packaging.
• Focus on innovation: Continuous research and development by market players lead to the introduction of new aseptic packaging solutions, attracting consumers.
• Growth in the pharmaceutical industry: The increasing use of aseptic packaging in the pharmaceutical sector for sterile drug delivery is another positive factor.
• Government investments in healthcare: Growing government investments in healthcare globally are expected to further support the growth of the aseptic packaging market.
Overall, the aseptic packaging market offers a compelling solution for food safety, convenience, and sustainability. With a combination of favorable market trends and continuous innovation, the aseptic packaging market is poised for significant growth.
List of Prominent Players in the Aseptic Packaging Market:
• Robert Bosch Gmb
• Schott AG
• Sealed Air Corporation (US)
• SIG Combibloc Group Ltd (Europe)
• Sonoco Products Company (US)
• Tetra Laval International S.
• Westrock Company (US)
• Amcor Limited
• Becton, Dickinson and Company
• Bemis Company, Inc
• Berry Global Inc (US)
• DS Smith (U.K.)
• E.I. du Pont de Nemours and Company
• ECOLEAN AB (Europe)
• Elopak Group (Norway)
• Goglio s.p.a (Europe)
• Greatview Aseptic Packaging Co., Ltd
• IMA S.P.A
• International Paper (US)
• Krones AG (Germany)
• LIQUIBOX (US)
• Printpack (U.S.)
• Reynolds Group Holdings Limite
Market Dynamics:
Drivers-
The fundamental cause driving the market growth rate is the growing urban population and altering favorability against food preservatives. Furthermore, evolving customer food habits are resulting in an increasing desire for handy food items, rising demand for convenience and quality food goods,
and growing adoption for ready-to-eat and ready-to-use products, all of which will pave the way for market expansion. However, the expensive R&D expenditure stifles the expansion of the aseptic packaging market. Adopting more advanced and novel packaging and automated logistics procedures is expected to create significant prospects for the market.
Challenges:
A market constraint is a major investment required for the design and at various stages of manufacture and distribution. Furthermore, geographical inconsistencies in plastic restrictions make shipping food and beverages more difficult. However, the bulk of this packaging is composed of plastic, which hurts the environment by contaminating soil and water.
These variables' long-term influence is reducing demand for this packaging product. Another barrier to market expansion is the technological know-how and expertise required to establish a factory for aseptically packing products. To create an aseptic packaging factory, extensive knowledge of this packaging product and the sector of end-use being catered to is required, as this necessitates careful management.
Regional Trends:
The North American aseptic packaging market is expected to register a major market share in the revenue. It is projected to grow at a high CAGR soon. Growing population, rapid urbanization, and increasing industrialization, coupled with increasing R&D activities by prominent players, are factors
expected to increase the growth of the aseptic packaging market in the region. Besides, the Asia Pacific region had a substantial share of the market. China has become an essential aseptic packaging user in the Asia-Pacific area. Increasing food and beverage consumption will promote market expansion during the forecast period. The rising popularity of pre-packaged meals, the growing number of eateries and supermarkets, and rising bottled water and beverage sales are all key drivers driving the country's market.
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Recent Developments:
• In February 2023-SIG will construct its first aseptic carton facility in India, the world's largest milk market and one of the top juice manufacturers, Ahmedabad, Gujarat, will be the plant's location. The investment will fund cutting-edge production capabilities for aseptic carton packs that meet stringent environmental printing and finishing specifications.
• In November 2022-Amcor PLC announced its goal of recyclable all of its aseptic products. Amcor has made strides toward making all products recyclable, reusable, or compostable by 2025, with 74% of the company's total manufacturing weight already designed to be recyclable and a growing variety of creative solutions with more eco-friendly features.
Segmentation of Aseptic Packaging Market-
By Type-
• Plastic
• Metal
• Glass & Wood,
• Paper & Paperboard
By Material-
• Cartons
• Bottles & Cans
• Bags & Pouches
• Vials, Prefilled Syringes & Ampoules
• IV bags
• Others
By Application-
• Dairy
• Beverage
• Pharmaceutical
• Food
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
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