Aseptic Packaging Market Synopsis:
The demand for packaging solutions that retain the quality of the product and prevents contamination has paved the way for the rise in demand for aseptic packaging. This analysis offered by Market Research Future (MRFR) suggests that the global aseptic packaging market is set to strike a significant CAGR during the review period 2017 to 2023. The valuation is set to increase substantially over the next couple of years.
Aseptic packaging is extensively used for increasing the shelf life of the products. It is expected to lead the growth of the market in the years to come. Also, the rising demand from the food & beverage industry is projected to drive the expansion of the aseptic packaging market over the next couple of years. The pharmaceutical industry is anticipated to expand exponentially in the coming years. It is projected to open growth avenues for the players in the market across the forecast period. Increasing expansion of the packaging facilities is projected to further catapult the market on its growth trajectory.
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Amcor Limited (Australia), Greatview Aseptic Packaging Co., Ltd. (China), Tetra Pak International S.A. (Switzerland), SIG Combiboc Obeikan (Switzerland), Molopak LLC (Russia), ELOPAK Group (Norway), Reynolds Group Holdings Limited (U.S.), Sealed Air Corporation (U.S.), and SIG Combibloc Group AG (Switzerland) are some of the major participants of the global aseptic packaging market. These players are emphasizing on the expansion of their production facilities to meet the unmet demands. It is anticipated to intensify competition among the players. Also, growth tactics such as mergers & acquisitions, strategic partnerships, collaborations, etc. are poised to be observed in the competitive landscape of the aseptic packaging market in the foreseeable future.
In October 2019, India’s largest multinational flexible packaging solutions provider, UFlex Limited, has announced the launch of a next-gen packaging solution, ‘Asepto Eye.’ It is claimed to revolutionize the aseptic packaging solutions with its excellence.
In October 2019, the leading provider of aseptic packaging solutions for food & beverages, SIG Combibloc Obeikan (SIG CBOB), has partnered with Fair Cape Dairies for the launch of the first combibloc EcoPlus in the Middle East & Africa region.
In July 2019, SIG, an aseptic carton supplier, has announced the investment of USD 200 Mn in its second production plant to be built in Suzhou, China, for catering to the rising demand for aseptic cartons in the Asia Pacific.
Based on material, the Aseptic Packaging Market has been segmented into plastic, glass, metal, and paperboard.
Type-based segmental; analysis of the aseptic packaging market has been segmented into cartons, bags & pouches, ampoules, bottles & cans, and others.
The segments of the global aseptic packaging market, on the basis of application, are food, beverages, pharmaceutical, and others.
This analysis covers an in-depth study of the global aseptic packaging market on the basis of regions. The regional segments identified in this analysis are – Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). These regions are then assessed on a country-level basis. Asia Pacific is prognosticated to dominate the growth pattern of the market in the forthcoming years. Increasing awareness about food hygiene is projected to boost the expansion pace of the aseptic packaging market in the foreseeable future. Also, the growth of the healthcare industry is projected to drive the growth of the market in the region in the years to come. In North America, too, the aseptic packaging market is anticipated to flourish over the next couple of years. Increasing mandates regarding hygiene are set to lead the growth of the regional market.
Scope of Report
The report for Global Aseptic Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Table of Content
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Bargaining Power of Suppliers
3.1.4 Threat of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
List of Tables
Table 1 Global Aseptic Packaging Market: by Region, 2017-2023
Table 2 Americas Aseptic Packaging Market: by Country, 2017-2023
Table 3 Europe Aseptic Packaging Market: by Country, 2017-2023
Table 4 Asia-pacific Aseptic Packaging Market: by Country, 2017-2023
Table 5 Row Aseptic Packaging Market: by Country, 2017-2023
Table 6 Global Aseptic Packaging Market, by Material, by Regions, 2017-2023
Table 7 Americas Aseptic Packaging Market, by Material, by Country, 2017-2023
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
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