What is Aseptic Cartons Market?
Every day, across the world billions of liters of water, milk, juice, and other liquid foods are consumed and the demand for good packaging has increased owing to that aseptic cartons demand has increased. Aseptic cartons made from multi-layer packaging that combines layers of paper, plastic, and metal to make food containers, especially for liquids such as orange juice and soups. This material is recyclable, once it is sorted to a pure stream and baled. According to research in Australia and New Zealand, the aseptic cartons for beverage industries are predicted to grow at around 3% CAGR over the next five years.
Highlights from Aseptic Cartons Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Reynolds Group Holdings Limited (New Zealand), Amcor Limited (Australia), E.I. du Pont de Nemours and Company (United States), Greatview Aseptic Packaging Co., Ltd. (China), Becton, Dickinson, and Company (United States), Bemis Company, Inc. (United States), Tetra Laval International S.A (Switzerland), IMA S.P.A (Italy) and Ipi SRL (Italy) |
The global Aseptic Cartons market is fragmented due to the presence of regional and global manufacturers. The level of competition among the companies in the Aseptic Cartons market is intense and manufacturers focus on developing new technologies and offering customized products to the customers. In the coming years, manufacturers will also develop new partnerships to spread their product reach to more customers globally. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Aseptic Cartons market throughout the forecasted period.
Reynolds Group Holdings Limited (New Zealand), Amcor Limited (Australia), E.I. du Pont de Nemours and Company (United States), Greatview Aseptic Packaging Co., Ltd. (China), Becton, Dickinson, and Company (United States), Bemis Company, Inc. (United States), Tetra Laval International S.A (Switzerland), IMA S.P.A (Italy) and Ipi SRL (Italy) are some of the key players profiled in the study. Aseptic Cartons Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Milk, Juice, Cream and Cheese, Soy and Grain Milk, Fruit and Vegetable Puree and Other |
Type | Standard, Slim, Square, super slim and Caliz packaging |
Capacity | 125ml,180ml,200ml,250 ml,Other |
Material | Polyethylene,Paperboard,Polyethylene,Others |
Opening Type | Straw Hole,Clip,Twist |
End Users | Food & Beverage,Pharmaceutical,Others |
On the basis of geography, the market of Aseptic Cartons has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Digitalization is changing the role of packaging The demand for Connected Package
Market Growth Drivers:
The growing need for an efficient packaging solution to maintain shelf life and freshness and Increase of The Dairy Beverage Market
Challenges:
Deviation In Environmental Mandates Across Regions
Restraints:
High Initial Capital Investment
Opportunities:
The growing use of aseptic cartons in the pharmaceutical industry is likely to create an opportunity for the aseptic carton packaging market over the forecast period
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Aseptic Cartons Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
Market Leaders & Development Strategies
For instance, in October 2019, SIG introduced the newly shaped carton pack combi style with a safe grip with more functionality and convenience as per the need of the consumers. It helps the end-user by offering future packaging concepts.
“Regulations, 2011 1.1.2: These regulations may be called the Food Safety and Standards (Packaging and labeling) These regulations shall come into force on or after 5th August 2011”