Aseptic Packaging Market 2017 Driving Factors, Industry Growth, Key Vendors and Forecasts to 2024


(MENAFN- America News Hour) Market Study Report adds new research on Aseptic Packaging market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Aseptic Packaging market also includes an in-depth study of the industrys competitive scenario.

Aseptic Packaging will surpass USD 70 billion by 2024; according to a new research report.

Rising demand for dairy and other edible products is anticipated drive aseptic packaging market growth over the study timeframe. The main area of application includes food and beverages or dairy products segment. Milk output worldwide reached 843 million tons in 2018 up by 2.2% from previous year primarily driven by expansions in Turkey, India, EU, Pakistan and Argentina and USA with growing demand for processed and fresh dairy products.

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Plastic is the basic raw material for aseptic packaged products and the global initiatives for reducing the use of plastics for the sake of environment concerns will hamper the aseptic packaging market proliferation. The major plastic consuming nations including India, China, Indonesia, US are shifting towards other substitutes for polystyrene products to abide stringent government regulations. In the era of reducing consumption of plastics, packaging industry can face a setback in future.

Based on type of product, the aseptic packaging market is segregated into bottles, cartons, vials & prefilled syringes & ampoules, bags and pouches etc. Aseptic bags are produced by polyethylene by cutting, vacuum packaging and sterilizing in a hygienic environment. The bags find application for solid aseptic raw materials, auxiliary pharmaceutical materials and other areas attributed to their non-toxicity, sterility, excelled chemical stability and temperature resistant properties.

Aseptic packaging is used in ample number of industries including food, dairy, beverages, pharmaceutical among others for providing enhanced safety to products. The packaging is used for products including fruits & vegetables, puddings, meat, fisheries, sauces, desserts and in many other food items. Rising population, demographic shifts including migration, urbanization and increasing middle class population is increasing the demand for packaged food items. The increasing demand for food items is anticipated to augment market growth over the study timeframe.

Asia Pacific dominates the overall packaging industry and is expected to follow the trend in the study timeframe. The industry players are establishing their manufacturing base to emerging nations such as India & China as a result of availability of low labor costs and production costs in the countries. China is a major market for paper and board packs followed by Indonesia and India having the highest growth rates of approx. 4.5% and 4.3% respectively. The market is dominated by tobacco and its products and soft drinks accounting for almost 80% of the industry. Latin America packaging industry will foresee steady growth with Brazil predicted to account for the maximum growth attributed to economic recovery and strong growth from edible oil and dairy products.

The industry rivalry is quite high owing to presence of many large as well as small players. In the aseptic packaging market. The players are keen to adopt innovative strategies to strengthen their regional presence. For instance, in 2019, Tetra Pak inaugurated aseptic packaging plant in Vietnam with a capacity of over 20 billion packs annually. This will enable the company to serve larger consumer base and gain market share. Aseptic Packaging research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments:

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Aseptic Packaging Market, Product By End-user

   Bottles

      Food

      Dairy

      Beverages

      Pharmaceutical

      Others

   Cartons

      Food

      Dairy

      Beverages

      Pharmaceutical

      Others

   Vials & prefilled syringes & ampoules

      Food

      Dairy

      Beverages

      Pharmaceutical

      Others

   Bags & pouches

      Food

      Dairy

      Beverages

      Pharmaceutical

      Others

   Others

      Food

      Dairy

      Beverages

      Pharmaceutical

      Others

Aseptic Packaging Market By End-User

   Food

   Dairy

   Beverages

   Pharmaceutical

   Others

Report Content

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Aseptic Packaging Industry Insights

Chapter 4. Aseptic Packaging Market, Product by End-user

Chapter 5. Aseptic Packaging Market, By End-User

Chapter 6. Aseptic Packaging Market, By Region

Chapter 7. Company Profiles

7.1. Amcor Limited

7.2. E.I Du Pont De Numerous and Company

7.3. Tetra Laval International S.A

7.4. Krones AG

7.5. Scholle IPN

7.6. Lamican International Oy

7.7. Ecolean AB

7.8. Sealed Air Corporation

7.9. Goglio S.P.A

7.10.         Agropur Cooperative

7.11.    IPI SRL

7.12.    Printpack Inc.

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