Industry Background:
Fueling Demand For ready-to-drink products, significant demand from application industries such as food, beverages, and pharmaceuticals, and the eco-friendly nature of aseptic packaging will help to boost global aseptic paper packaging market in the forecasted year. Aseptic packaging is a substantial packaging system which permits products stored without freezing for a long period of time. It is used to store delicate foods such as milk, nectars, soy beverages, and juice. It helps in growing the shelf life of the products during the conservation of its original composition. It is light in weight, energy efficient, and a reliable solution for packaging. The global aseptic packaging market is developing enormously due to several innovations and growths that are delivered by manufacturers to endure the competition in the packaging field.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Tetra Pak International S.A. (Switzerland), Refresco Gerber N.V. (Netherlands), Nippon Paper Industries Co., Ltd. (Japan), Nampak Ltd. (South Africa), Mondi Ltd. (Austria), Polyoak Packaging Group (Pty) Ltd. (South Africa), Amcor Limited (Australia), Elopak SA (Norway), Uflex Ltd. (India) and Ducart Group (Israel) |
According to AMA, the market for Aseptic Paper Packaging is expected to register a CAGR of 5.5% during the forecast period to 2028. This growth is primarily driven by Rising Awareness about Preservative Free Food and Beverages and High Adoption Due To Decreasing the Cost and Make the Package Light In Weight.
Globally, a noticeable market trend is evident Growing Used For the Packaging of Medicines in the Pharmaceutical Industry
The Paper Packaging sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Tetra Pak International S.A. (Switzerland), Refresco Gerber N.V. (Netherlands), Nippon Paper Industries Co., Ltd. (Japan), Nampak Ltd. (South Africa), Mondi Ltd. (Austria), Polyoak Packaging Group (Pty) Ltd. (South Africa), Amcor Limited (Australia), Elopak SA (Norway), Uflex Ltd. (India) and Ducart Group (Israel), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Key Developments in the Market:
On 3rd April 2019, Tetra Pak has launched its connected packaging platform, which will transform milk and juice cartons into interactive information channels, full-scale data carriers, and digital tools.
On 7th March 2019, Tetra Pak has launched the Tetra Classic® Aseptic 65ml Cube package, presenting an efficient packaging solution for dairy, juice and liquid food.
Influencing Trend:
Growing Used For the Packaging of Medicines in the Pharmaceutical Industry and Escalating Demand for This Type of Hygienic Packaging
Market Growth Drivers:
Rising Awareness about Preservative Free Food and Beverages and High Adoption Due To Decreasing the Cost and Make the Package Light In Weight
Challenges:
Cost-To-Benefit Ratio A Concern to Small Manufacturers
Restraints:
Rising Threats of Substitutes Such As Plastics and Glass Packaging Products and High Research & Development Investment
Opportunities:
Huge Opportunity Due To Advent of Eco-Friendly and Sustainable Packaging and Up Surging Demand Due To Online Food Delivery Services
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Aseptic Paper Packaging Market
- Analysis about New Entrants in Aseptic Paper Packaging Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Aseptic Paper Packaging Study Sheds Light on
The Aseptic Paper Packaging Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Aseptic Paper Packaging industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Aseptic Paper Packaging industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.