According to the latest report by IMARC Group, titled “Aseptic Packaging Market Size: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global aseptic packaging market growth reached US$ 54.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 96.6 Billion by 2028, exhibiting a growth rate (CAGR) of 9.97% during 2023-2028.
Aseptic packaging refers to a specialized manufacturing process wherein the contents are sterilized separately from the packaging. This method uses extremely high temperatures to maintain the freshness of the product. It involves the use of various materials, including film foil that prevents oxygen and light from getting in the packaging, and polyethylene, which protects the contents against moisture. Aseptic packaging offers various advantages, such as reduced distribution and shipping costs and extended product shelf life.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Aseptic Packaging Market Trends:
The escalating demand for ready-to-eat meals, dairy products, frozen meals, cake mixes, and snacks is primarily driving the global aseptic packaging market growth. Moreover, aseptic packaging is being widely utilized in the pharmaceutical industry as it protects the medicines from harmful bacteria. An enhanced focus on sustainable development is also acting as a major growth-inducing factor as aseptic packaging utilizes recyclable materials to manufacture products. Several technological advancements in the processing and packaging equipment are some of the other factors creating a positive outlook for the market further.
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Global Aseptic Packaging Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Amcor Plc, BD (Becton Dickinson and Company), E. I. Du Pont De Nemours and Co., Greatview Aseptic Packaging Co. Ltd., Industria Macchine Automatiche S.p.A. (SO.FI.M.A.), Reynolds Group Holdings Limited (Packaging Finance Limited), Robert Bosch GmbH, Schott AG (Carl-Zeiss-Stiftung), SIG Combibloc Group AG and Tetra Laval International SA.
The report has segmented the market on the basis on region, type, material and application.
Breakup by Type:
Cartons
Bags and Pouches
Bottles and Cans
Prefilled Syringes
Vials and Ampoules
Others
Breakup by Material:
Plastic
Paper and Paperboard
Metal
Glass
Others
Breakup by Application:
Food
Beverage
Pharmaceuticals
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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