Aseptic packaging is a type of packaging in which the contents are sterilized separately from the package to prevent microbial contamination. It maintains the freshness of the content by using extremely high temperatures. Aseptic packaging may be required due to the high consumption of beverages and processed foods. Market Research Future’s (MRFR) worldwide aseptic packaging market study provides forecasts for the years 2017 to 2023 (forecast period), based on historical data, current economic conditions, and sustainable packaging trends. The impact of the COVID-19 epidemic on the market’s prospects is examined.
Market Scope
The global aseptic packaging market is expected to grow at a steady growth rate over the forecast period.
The preservation of processed goods without losing their aroma and taste, the absence of preservatives, and the market’s lengthy shelf life are all key market drivers. Market demand for these meals may be driven by urban populations in metropolitan areas. The trend may be aided by a hurried lifestyle and job schedule. Sustainable packaging techniques can help steer the market in the right direction. The large demand for dairy products, as well as the requirement to travel long distances, are expected to propel the industry forward through 2023. Consumption of green tea, juices, and smoothies are further examples.
Because the pharmaceutical sector requires sterile packaging solutions, the COVID-19 pandemic has had little effect on the market. Due to high demand for PPE kits, ventilators, diagnostic kits, and other items, packaging makers are seeing an increase in demand from the healthcare sector during the crisis. Due to a boom in demand for sterile packaging and mergers and alliances formed to meet the need, the worldwide aseptic packaging industry may benefit from adherence to ISO policies.
But high investment capital can restrain the market growth.
Segmentation
The global aseptic packaging definition is segmented based on material, type, and application.
On the basis of the material, it is segmented into glass, plastic, metal, and paperboard.
By the type, the market is classified into ampoules, cartons, bags & pouches, bottles & cans, and others.
Pharmaceutical, food, and beverage applications are among the most common. Technological advancements in the food and beverage segments may result in a surge in demand for aseptic packaging. The innovative design of cans with increased functional and storage capacities exemplifies this. The global market may benefit from popular brands switching to this technology due to storage efficiency and food safety.
Regional Analysis
The market is analyzed across the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The APAC region dominated the worldwide aseptic packaging market and is expected to develop at the fastest rate over the next few years. The market is growing due to rising demand for packaged foods, increased attention on product safety, and changes in the food manufacturing industry. Other factors boosting demand for aseptic packaging include rising population, changing eating choices, and product shelf-life extensions. Aseptic food packaging is becoming more popular as liquid food and dairy beverage consumption rises, as does spending on ready-to-eat items.
Competitive Outlook
ELOPAK Group, Greatview Aseptic Packaging Co., Ltd., Amcor Limited, Reynolds Group Holdings Limited, SIG Combiboc Obeikan, Sealed Air Corporation, Tetra Pak International S.A., Molopak LLC, and SIG Combibloc Group AG are key players of the global aseptic packaging market. Acquisitions and investments in R&D are to be the prime strategies of the players in the market.
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