The Aseptic Packaging Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Aseptic Packaging Global Market Report 2024, The aseptic packaging market size has grown rapidly in recent years. It will grow from $71.88 billion in 2023 to $80.13 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to consumer demand for convenience, extended shelf life, reduced need for preservatives, globalization of food supply chains, increased focus on food safety, market expansion in developing regions.
The aseptic packaging market size is expected to see rapid growth in the next few years. It will grow to $129.17 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%. The growth in the forecast period can be attributed to e-commerce growth, rising urbanization, stringent regulations, focus on sustainable packaging, increasing demand for dairy alternatives, changing consumer lifestyles. Major trends in the forecast period include technological advancements, single-serve packaging, smart packaging integration, collaborations and partnerships, investments in R&D.
The increase in demand for convenience food products with a longer shelf life and safe hygiene packaging is expected to drive the growth of the aseptic packaging market in the forecast period. For instance, the global processed snacks market is expected to increase from $96.9 billion in 2020 to $142.0 billion by 2025. Therefore, the growing demand for convenience and processed food drives the growth of the aseptic packaging market
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The aseptic packaging market covered in this report is segmented –
1) By Type: Cartons, Bags And Pouches, Bottles And Cans, Ampoules, Other Types
2) By Material: Plastic, Paper And Paperboard, Metal, Glass, Wood
3) By Application: Food, Beverage, Pharmaceutical, Other Applications
Major companies operating in the aseptic packaging market are focusing on developing innovative packaging solutions to meet the growing demand for extended shelf life and convenience in preserving perishable goods. An innovative packaging solution refers to a novel, efficient, and often technologically advanced method of packaging that enhances product safety, sustainability, convenience, or appeal. For instance, in June 2021, Tetra Pak, a US-based food processing and packaging solutions company, launched Tetra Stelo Aseptic packaging, now adopted by Minute Maid, a key brand in The Coca-Cola Company’s lineup in India. The distinct, tall, rounded, seamless design of the package aims to set apart Minute Maid’s new Honey Infused and Vita Punch variants. Featuring the WingCap 30 for effortless opening with DIMC technology, ensuring a secure grip and optimal pouring, Tetra Pak not only provided innovative packaging but also processing and filling equipment, reflecting a comprehensive partnership for this range.
The aseptic packaging market report table of contents includes:
1. Executive Summary
2. Aseptic Packaging Market Characteristics
3. Aseptic Packaging Market Trends And Strategies
4. Aseptic Packaging Market – Macro Economic Scenario
5. Global Aseptic Packaging Market Size and Growth
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26. South America Aseptic Packaging Market
27. Brazil Aseptic Packaging Market
28. Middle East Aseptic Packaging Market
29. Africa Aseptic Packaging Market
30. Aseptic Packaging Market Competitive Landscape And Company Profiles
Top Major Players:
- Tetra Laval International S.A]
- Amcor Limited
- DS Smith PLC
- Nippon Paper Industries
- Refresco Group N.V
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