Press release
Aseptic Paper Packaging Market - Demand for Hygienic Packaging Boosts Market Growth
Transparency Market Research observes that the competitive landscape in the global aseptic paper packaging market is highly fragmented. Strong presence of several players in the global market and lack of entry barrier is expected to intensify the competition further. Some of the key players in the global market are Tetra Pak International S.A., Nippon Paper Industries Co., Ltd., Nampak Ltd., Refresco Gerber N.V., SIG Combibloc Obeikan (South Africa) (Pty) Ltd., Polyoak Packaging Group (Pty) Ltd., and Mondi Ltd. Most of the companies operating in the global market are expected to focus on industrial sectors to win contracts for supplying accepting paper packaging materials on a long-term basis. In the coming years, players are expected to deliver products that have a higher capacity for storage.Get an exclusive sample of this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=36527
According to the research report, the global aseptic paper packaging market is expected to be worth US$13,611.0 mn by the end of 2025 as it makes a steady climb from about US$8,894.8 mn in 2017. Between 2017 and 2025, the global market is estimated to surge at a CAGR of 5.5%. In terms of paper, the coated unbleached paper is expected to make significant impression on the global market as it rises at a CAGR of 5.8% during the forecast period. In terms of geography, Asia Pacific is slated to emerge as the leading market as the food and beverages industry shows an accelerated growth rate. During the forecast period of 2017and 2025, the Asia Pacific aseptic paper packaging market is slated to exhibit a CAGR of 6.2%.
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Aseptic paper packaging is gaining preferences among consumers as the product inside does not need to be refrigerated. Aseptic paper packaging provides convenience for “on-the-go” consumers as the product can be consumed in hygienic manner. Also, aseptic paper packaging solution provides convenience to the consumers as frequent consumption of the products from the packaging can be done. Furthermore, Aseptic paper packaging provides a viable alternative for hot-fill packaging solutions owing to the longer shelf-life of the product.
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About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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