According to the estimations put forth by Inkwood Research, the Global Aseptic Packaging Market is set to project a CAGR of 9.17% in terms of revenue during the forecasting years of 2021-2028.
“Browse 43 Market Data Tables and 44 Figures
spread over 159 Pages, along with an in-depth TOC on the Global Aseptic Packaging
Market Forecast 2021-2028.”
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Aseptic packaging entails filling
sterilized perishable items in pre-sterilized packages mainly composed of
flexible and rigid plastics, metals, and other materials, in a sterile
environment. Moreover, aseptic packages ensure ESL for their contents, while maintaining
the original aroma, texture, as well as other functional characteristics.
Although packages are typically sterilized using methods of thermal processing,
including the application of steam-air mixture, hot water, and microwave
energy, they can also be sterilized through radiation treatment and chemical
reagents.
Low Cost of
Plastics Promotes Market Growth
Plastics play a crucial role in the
packaging industry for both economical and functional reasons. Besides, they
are relatively lower, in terms of weight and cost, when compared to other
packaging materials. In addition to their affordability, the versatility and
potential for performing exceptionally well, even in low temperatures, make
plastics an essential component of aseptic packaging. This includes the trend
of glass replacement by plastics in order to satiate the increased demand for
bottles. High barrier and heat resistant plastics are also replacing
conventional materials like metal and glass. Since aseptic packaging primarily
constitutes renewable resources, they utilize nearly 60% lesser plastic than
other packaging choices, and need reduced energy for production.
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Paper &
Paperboard to be the Fastest-Growing Material
Paper and paperboard are predominantly used
for manufacturing pouches and cartons. The two types of paperboard cartons used
in beverage packaging include gable-top cartons and non-gable top cartons. The
most common kind of paperboard utilized for aseptic packaging is the solid
bleached sulfate (SBS) paperboard, characterized by 80% virgin bleached wood
pulp. Since paperboard aseptic cartons comprise multi-layers, owing to the
effective light-blocking capabilities, they are suitable for organic beverages,
like juices, pulps, and dairy products.
Asia
Pacific to Lead & Dominate the Global Market by 2028
The global aseptic packaging market is
primarily fueled by developing countries in the Asia Pacific, such as, India,
South Korea, Indonesia, China, and Vietnam, among others. In terms of aseptic
packaging across the region, the level of consumption has continued to remain
optimistic and reliably robust. This is mainly accredited to the rising
consumer disposable income, rapid urbanization, and the increased consumption
of food products and beverages, given the extensive population base.
Vendors across the global market are
involved in industry alliances, including collaborations between aseptic
filling equipment as well as packaging solution providers. This facilitates the
differentiation in their market presence. The rising packaging requirements
further influence vendors to strategize and materialize strong approaches, to
gain competitive advantages. As a result, the global aseptic packaging market
is projected to observe moderate to increasing competitive rivalry, over the
forecast period.
Key enterprises operating in the market
are, DS Smith PLC, Amcor PLC, Mondi PLC, etc.
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studies with relevant fact-based research are customized across industry
verticals such as technology, automotive, chemicals, materials, healthcare, and
energy, with an objective comprehension that acknowledges the business
environments. Our geographical analysis comprises of North & South America,
CEE, CIS, Middle East, Europe, Asia, and Africa.
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