Wilmington, Delaware, United States, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global aseptic packaging market was estimated to have acquired US$ 53.3 billion in 2022. It is anticipated to register a 5.2% CAGR from 2023 to 2031 and by 2031; the market is likely to gain US$ 83.4 billion.
Ongoing efforts by regulatory bodies to enhance food safety standards and guidelines can drive the adoption of aseptic packaging solutions, especially in industries where contamination risks are high.
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Continued investments in research and development by companies in the aseptic packaging sector can lead to the discovery of new and improved technologies, materials, and processes, further boosting market growth.
Global Aseptic Packaging Market: Key Players
The following companies are well known participants in the global aseptic packaging market:
- Tetra Pak International S.A.
- Sealed Air Corporation
- Mondi Plc
- Amcor Plc
- Schott IPN
- Combibloc Group AG
- Lami Packaging Co. Ltd.
- Nampak Ltd.
- Greatview Aseptic Packaging Co., Ltd
- Polyoak Packaging Group (Pty) Ltd.
- Elopak SA
- Uflex Ltd
- Weyerhaeuser Company
- Evergreen Packaging Inc.
Key Findings of Market Report
- Aseptic packaging is crucial in the optimization of cold chain logistics, ensuring that temperature sensitive products, such as vaccines, pharmaceuticals, and certain food items, reach consumers in optimal condition.
- Collaborations between aseptic packaging providers and other industries, such as technology and materials science, can lead to innovative solutions, improved packaging materials, and enhanced distribution systems.
- The increasing popularity of plant based and alternative products, including plant based beverages and dairy alternatives, creates opportunities for aseptic packaging solutions to cater to the unique storage and distribution needs of these products.
- Integration of blockchain technology in the supply chain can enhance traceability and transparency. Aseptic packaging, combined with blockchain, can provide consumers with detailed information about the journey of product from manufacturing to consumption.
Trends for Aseptic Packaging Market
- The growing global population and changing lifestyles have led to an increased demand for convenient and packaged food and beverages, driving the need for aseptic packaging solutions.
- Consumers are becoming more conscious of food safety and are seeking products with longer shelf life and minimal preservatives. Aseptic packaging helps in maintaining the freshness and nutritional value of products without the need for added preservatives.
- Ongoing advancements in aseptic processing technologies, such as improved sterilization methods and better packaging materials, contribute to the efficiency and effectiveness of aseptic packaging solutions.
- Aseptic packaging is widely used in the dairy industry for packaging milk and other dairy products. The expansion of the dairy industry, especially in emerging markets, has been a significant driver for the aseptic packaging market.
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Global Market for Aseptic Packaging: Regional Outlook
Various reasons are propelling the growth of the aseptic packaging market in different regions. The regions include,
North America
- The busy lifestyles of consumers in North America drive the demand for convenient, ready to eat, and on the go food and beverage products, creating opportunities for aseptic packaging solutions.
- Growing health consciousness and awareness of the importance of preservative free and minimally processed foods contribute to the demand for aseptic packaging, which helps maintain the freshness and nutritional value of products.
- Aseptic packaging is widely used in the packaging of dairy products, juices, and other beverages. The expansion of these industries, coupled with the need for longer shelf life, supports the growth of the aseptic packaging market.
Asia Pacific
- The increasing popularity of online grocery shopping and e-commerce platforms in Asia Pacific creates opportunities for aseptic packaging, which is well suited for the safe transport of products through online channels.
- Strict regulations and standards related to food safety and packaging materials in the region can drive the adoption of aseptic packaging solutions, especially in industries where maintaining product integrity is critical.
Recent Development:
In 2021, Nongfu Spring expanded its product portfolio by introducing a versatile and secure solution capable of handling both high and low acids in PET. The innovative line empowered the Chinese beverage company to launch new ready to drink products, packaged aseptically in PET bottles.
Global Aseptic Packaging Market Segmentation
Packaging Type
-
- Cartons
- Bottles
- Bags & Pouches
- Prefilled Syringes
- Vials & Ampoules
- Others (Bag in Box, etc.)
Material
-
- Paper & Paperboard
- Plastic
- Metal
- Glass
- Wood
End Use
-
- Food
- Beverages
- Pharmaceuticals
Region
-
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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