Global Aseptic Packaging Market Information: by Material (Plastic, Metal, Glass, and Paperboard), Type (Cartons, Bottles & Cans, Bags & Pouches, Ampoules and others), Application (Food, Beverages, Pharmaceutical, and others) and Region– Forecast Till 2023
Leading players in the global aseptic packaging market include Amcor Limited, Greatview Aseptic Packaging Co. Ltd., Reynolds Group Holdings Limited, Sealed Air Corporation, SIG Combibloc Group AG, Molopak LLC, ELOPAK Group, SIG Combiboc Obeikan, and Tetra Pak International SA.
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Market Research Future (MRFR) has announced a new release on the global aseptic packaging market. The report delves into historical and present statistics about the global aseptic packaging market in order to present a clear timeline of the market’s likely growth trajectory in the forecast period. The major macroeconomic and microeconomic factors affecting the aseptic packaging market’s movement are analyzed in detail in the report, focusing on the major drivers and restraints affecting the market. The segmentation of the global aseptic packaging market is also elaborated upon in detail in the report in order to provide readers with a clear view of the market’s inner workings.
Aseptic packaging is used to isolate perishable items from a contaminated environment and protect their integrity during transportation and storage. The purpose of aseptic packaging is to produce a package that will allow the item to remain untarnished without refrigeration for long periods of time. As a result, the aseptic packaging market has witnessed increasing demand from the food and beverages and pharmaceuticals industries in recent years.
The growth of the food and beverage industry, particularly the rising demand for packaged food and beverages, is likely to be a major driver for the global aseptic packaging market. The demand for packaged food and beverages has grown in the urban sector due to the convenience they present to busy urban users who often don’t have the time to prepare elaborate meals in the traditional manner. The growing demand for packaged beverages, including healthy beverages such as probiotics and green tea, is likely to be a major driver for the aseptic packaging market over the forecast period, as such beverages are highly popular among the urban demographic and are likely to comprise a major share of the global food and beverages market over the coming years.
The global aseptic packaging market is segmented on the basis of material, type, application, and geography.
On the basis of material, the global aseptic packaging market is segmented into plastic, metal, glass, and paperboard.
On the basis of type, the global aseptic packaging market is segmented into cartons, bottles and cans, bags and pouches, ampoules, and others.
By application, the global aseptic packaging market is segmented into food, beverages, pharmaceuticals, and others.
The global aseptic packaging market is segmented geographically into the Americas, Europe, Asia Pacific, and the Middle East and Africa.
Asia Pacific is expected to witness the highest growth in the global aseptic packaging market over the forecast period, having dominated the market in 2017. The food and beverage industry in Asia Pacific has grown at a strong rate over the last few years due to the growing demand from urban consumers in countries such as China, India, Indonesia, Australia, Japan, Korea, and Thailand. The packaged food and beverage segment in the region is likely to grow further over the forecast period due to widespread industrialization and urbanization. The growing demand for packaged dairy beverages and ready-to-eat food is also likely to be a major driver for the aseptic packaging market in Asia Pacific.
The pharmaceutical industry in Asia Pacific has also grown by leaps and bounds over the last few years and is likely to be a major contributor to the aseptic packaging market in the region. Increasing investment in the healthcare sector, increasing interest among foreign players about the burgeoning Asia Pacific market, and the increasing awareness about early diagnosis and timely medication in the region’s underdeveloped parts are likely to drive the pharmaceutical industry in the region at a rapid pace over the forecast period, driving the demand for aseptic packaging in the process.
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