Aseptic Packaging Market by Product Types (Pharmaceutical Industry [Vials and Ampoules, Prefillable Syringes, IV Bags, and Bottles], Beverage Industry [Milk and Other Dairy Beverages, Fruit Beverages, and Ready-to-drink Beverages], and Food Industry [Baby Food, Dairy Foods, Soups and Broths, Processed Foods, Fruits and Vegetables, and Others]) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global aseptic packaging market size was valued at USD 15,408.8 million in 2020 and is anticipated to surpass USD 32,301.4 million by 2028, expanding at a CAGR of 9.8% during the forecast period, 2021–2028. The growth of the market is attributed to the growing demand for ready-to-eat food products. Growth in the packaging industry is raising the demand for aseptic packaging across the globe.
Aseptic packaging is specialized manufacturing process, where pharmaceutical, food, and other contents are sterilized separately from packaging. It maintains the freshness of the products and also ensures that it is not contaminated with microorganism. The aseptic packaging is used in different food products and beverages such as soup, pudding, milk, tomatoes, and others. It is also used in pharmaceutical industry to make sure that medicines are not polluted with harmful bacteria.
Various materials are layered together for the protection required for aseptic packaging such as film foil and polyethylene. Film foil preserves the products by keeping oxygen and light away from products. Polyethylene is used on outer and inner sides of aseptic packaging to protect product against moisture entering or exiting the container.
Market Trends, Drivers, Restraints, and Opportunities
- Shifting consumer preference for the quality products is projected to drive the market growth during the forecast period.
- Growing number of rules and regulations by government against the use of food preservatives is estimated to propel the market expansion in the coming years.
- High cost of producing aseptic packaging and high initial investment is expected to hinder the market growth during the forecast period.
- Variations in environmental mandates globally regarding packaging industry act as major challenge that can impede the market expansion.
- R&D investment and technological advancement in aseptic packaging is anticipated to create immense opportunities for the market players.
Scope of the Report
The report on the global aseptic packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Aseptic Packaging Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Product Types (Pharmaceutical Industry [Vials and Ampoules, Prefillable Syringes, IV Bags, and Bottles], Beverage Industry [Milk and Other Dairy Beverages, Fruit Beverages, and Ready-to-drink Beverages], and Food Industry [Baby Food, Dairy Foods, Soups and Broths, Processed Foods, Fruits and Vegetables, and Others]) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
UFlex Limited; Amcor Plc; Tetra Laval International S.A.; DS Smith Plc.; Stora Enso Oyj; Mondi Plc.; Smurfit Kappa Group Plc.; Reynolds Group Holdings Limited; Sonoco Products Company; SIG Combibloc Group AG, Sealed Air Corporation; and Schott AG |
Market Segment Insights:
Beverage Industry segment is projected to account for a large market share
Based on product types, the global aseptic packaging market is divided into pharmaceutical industry, beverage industry, and food industry. The pharmaceutical industry is further classified into vials and ampoules, prefillable syringes, IV Bags, and bottles. The beverage industry is further bifurcated into milk and other dairy beverages, fruit beverages, and ready-to-drink beverages. The food industry is further segregated into baby food, dairy foods, soups and broths, processed foods, fruits and vegetables, and others. The bottles segment in pharmaceutical industry is expected to constitute a key share of the market during the forecast period owing to suitability for storing liquid and solid form of drugs in bottle and rising use of oral drug delivery mode due to patient convenience and compliance.
However, the milk and other dairy beverages segment in beverage industry is anticipated to expand at a rapid pace during the forecast period due to high usage of milk and milk products across the globe. The demand for excellent packaging in various products is increasing for safety and easy use. On the other hand, the processed foods, fruits and vegetables segment in food industry is anticipated to expand at a rapid pace during the forecast period due to growing demand for packed and processed foods by consumers attributed to their changing lifestyle.
Asia Pacific is anticipated to dominate the market
On the basis of regions, the global aseptic packaging market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to rising inclination towards convenient products packaging and increasing food industry as well as beverages industry. On the other hand, the market of Middle East & Africa is expected to exhibit a rapid growth rate in the coming years due to high usage of aseptic packaging in various food products.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aseptic Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Aseptic Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Aseptic Packaging Market - Supply Chain
4.5. Global Aseptic Packaging Market Forecast
4.5.1. Aseptic Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Aseptic Packaging Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Aseptic Packaging Market Absolute $ Opportunity
5. Global Aseptic Packaging Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Aseptic Packaging Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Aseptic Packaging Demand Share Forecast, 2019-2026
6. North America Aseptic Packaging Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Aseptic Packaging Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Aseptic Packaging Demand Share Forecast, 2019-2026
7. Latin America Aseptic Packaging Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Aseptic Packaging Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Aseptic Packaging Demand Share Forecast, 2019-2026
8. Europe Aseptic Packaging Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Aseptic Packaging Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Aseptic Packaging Demand Share Forecast, 2019-2026
9. Asia Pacific Aseptic Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Aseptic Packaging Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Aseptic Packaging Demand Share Forecast, 2019-2026
10. Middle East & Africa Aseptic Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Aseptic Packaging Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Aseptic Packaging Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Aseptic Packaging Market: Market Share Analysis
11.2. Aseptic Packaging Distributors and Customers
11.3. Aseptic Packaging Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. UFlex Limited
11.4.2. Amcor Plc
11.4.3. Tetra Laval International S.A.
11.4.4. DS Smith Plc.
11.4.5. Stora Enso Oyj
11.4.6. Mondi Plc.
11.4.7. Smurfit Kappa Group Plc.
11.4.8. Reynolds Group Holdings Limited
11.4.9. Sonoco Products Company
11.4.10. SIG Combibloc Group AG
Segments Covered in the Report
The global aseptic packaging market has been segmented on the basis of
Product Types
- Pharmaceutical Industry
- Vials and Ampoules
- Prefillable Syringes
- IV Bags
- Bottles
- Beverage Industry
- Milk and Other Dairy Beverages
- Fruit Beverages
- Ready-to-drink Beverages
- Food Industry
- Baby Food
- Dairy Foods
- Soups and Broths
- Processed Foods, Fruits and Vegetables
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- UFlex Limited
- Amcor Plc
- Tetra Laval International S.A.
- DS Smith Plc.
- Stora Enso Oyj
- Mondi Plc.
- Smurfit Kappa Group Plc.
- Reynolds Group Holdings Limited
- Sonoco Products Company
- SIG Combibloc Group AG
- Sealed Air Corporation
- Schott AG
Key players competing in the global aseptic packaging market include UFlex Limited; Amcor Plc; Tetra Laval International S.A.; DS Smith Plc.; Stora Enso Oyj; Mondi Plc.; Smurfit Kappa Group Plc.; Reynolds Group Holdings Limited; Sonoco Products Company; SIG Combibloc Group AG, Sealed Air Corporation; and Schott AG. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
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