30 likes | 39 Views
Global Aseptic Packaging Market Size, Trends & Analysis u2013 Forecasts To 2026 By Material (Plastic, Metal, Glass & Wood, Paper & Paperboard), By Type (Cartons, Bottles & Cans, Bags & Pouches, Others), By Application (Food, Beverage), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis.<br><br>
E N D
Global Aseptic Packaging Market Size, Trends & Analysis – Forecasts To 2026 By Material (Plastic, Metal, Glass & Wood, Paper & Paperboard), By Type (Cartons, Bottles & Cans, Bags & Pouches, Others), By Application (Food, Beverage), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis Global Aseptic Packaging Market: Insights The global aseptic packaging market is estimated to witness a significant CAGR during the forecast period (2019-2026). The growth of the aseptic packaging market is anticipated to increase with the growing packaging industry. Aseptic packaging is a process which increases the shelf life of the product and minimalize the loss of aroma from the packed edible products. It keeps dairy products pure and protects it from the exposure to contaminants, preserving freshness and quality with extended shelf life. It enables to cut down costs by eliminating costly cold chain logistics. Volatile raw material cost, availability of cheaper substitute and strict government laws and regulations are some of the factors expected to hamper the growth of aseptic packaging market. Aseptic Packaging Market: By Material On the basis of material, the global aseptic packaging market is segmented into plastic, metal, glass & wood, and paper & paperboard. The plastic segment is expected to grow during the forecast period. The growth of the segment is due to its low cost, easy availability, and versatility. Plastic packaging is used in various applications. It is generally used in packaging of food & beverages as it protects them from oxidation and also provides longer shelf life. The paper & paperboard segment is also expected to grow during the forecast period owing to greater demand for natural biodegradable material.
Aseptic Packaging Market: By Type On the basis of type, the global aseptic packaging market is segmented into cartons, bottles & cans, bags & pouches, and others. The cartons segment is expected grow during the forecast period. The high demand for cartons packaging from milk & dairy industry is expected to boost the segment growth over the forecast period. Cartons offer benefits such as easy stacking of products and is also available in various shapes and sizes and has a longer shelf life. It also offers excellent barrier protection properties for the product. Aseptic Packaging Market: By Application On the basis of application, the global aseptic packaging market is classified into food and beverage. The beverage segment is expected to hold the largest market share in the application segment owing to high consumption of milk, dairy, and ready to drink beverages. The aseptic packaging also provides protection for the product and offers extended shelf life of energy drinks, including sports nutrients, high-nutrient, and flavored water, alcopops, and ready-made alcohol cocktails. The consumption of these beverage has increased drastically over the few years. Also, other beverages, such as vegetable juices, wine, smoothies, and bar mixes are experiencing increased demand. Aseptic Packaging Market: By Region Asia-Pacific is expected to hold the largest market share during the forecast period. Increasing demand for packaged food, more emphasis on product safety and changes in food manufacturing industry are driving the market growth of aseptic packaging market in the region. Moreover, rising population and changing food habits are also some of the factors for high demand of aseptic packaging in the region. North America is expected to witness considerable growth in the aseptic packaging market. The growth of the market in the region can be attributed to consumption of sports and nutrition drinks. Aseptic Packaging Market: End Use Landscape The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase aseptic packaging. The key end-users of the markets are Nestle, JBB and Smithfield Foods among others. Aseptic Packaging Market: Vendor Landscape The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies. Aseptic Packaging Market: Share & Competitor Analysis Some of the key players operating in the aseptic packaging market include: E.I. du Pont de Nemours and Company, Robert Bosch GmbH, Tetra Laval International S.A, Reynolds Group Holdings Limited, Amcor Limited, Becton, Dickinson and Company, Bemis Company, Inc., Greatview Aseptic Packaging Co., Ltd, IMA S.P.A, and Schott AG among others.
In November 2019, Schott AG inaugurated its new facility in Jambusar, Gujarat for high quality glass material in the pharma industry In September 2019, Amcor Limited designed lightweight PET bottles for pasteurized beer in Brazil