USD 57.31 billion
Aseptic Packaging Market Size, Share, Growth Analysis, By Type(Cartons, Bottles and Cans, Bags and Pouches, Ampoules), By Material(Plastic, Paper & Paperboard, Metal, Glass), By Application(Food (Dairy Foods, Processed Foods, Fruits & Vegetables, Soups and Broths), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30I2231 |
Region:
Global |
Published Date: August, 2024
Pages:
198
|Tables:
61
|Figures:
75
Aseptic Packaging Market Insights
Global Aseptic Packaging Market size was valued at USD 65.00 billion in 2022 and is poised to grow from USD 72.22 billion in 2023 to USD 185.89 billion by 2031, growing at a CAGR of 11.10% in the forecast period (2024-2031).
The global aseptic packaging market is poised for significant growth in the coming years, driven by the rapid expansion of end-use industries like food, beverages, and pharmaceuticals in key economies such as China, India, Brazil, and South Africa. Aseptic packaging involves sterilizing food, beverages, pharmaceuticals, and other products separately from the packaging material, and then filling them into containers under sterile conditions. This process helps maintain the freshness and quality of the contents by subjecting them to high temperatures. The increasing demand for packaged foods, including ready-to-eat meals, dairy products, frozen meals, cake mixes, and snacks, is expected to fuel the market growth, particularly due to the convenience it offers to on-the-go consumers who do not require refrigeration. Although the initial cost of aseptic packaging technology is higher compared to conventional methods, the rising urbanization in countries like China and India, coupled with the growth of the milk and dairy products market, is creating a favorable environment for the aseptic packaging market.
However, the industry is highly consolidated, with a few dominant players such as Tetra Pak International S.A., SIG, and Greatview Aseptic Packaging Co., Ltd., posing intense competition for domestic and new entrants. Furthermore, increasing consumer concerns about the environment are expected to drive demand for bio-based, recyclable aseptic packaging, leading to product innovation, development, and cost competitiveness becoming key factors influencing buyer decisions. Although the market faces competition from alternative processes such as hot fill technology, ESL (Extended Shelf Life), and pasteurization, the aseptic packaging technology offers advantages in terms of increased shelf life and safety, which can provide a competitive edge over the forecast period. Overall, the global aseptic packaging market is projected to experience substantial growth due to the expanding end-use industries, urbanization, consumer preferences, and environmental considerations.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Cartons
Fastest Growth
Cartons
Growth Rate
11.75% CAGR
Global Aseptic Packaging Market ($ Bn)
Country Share for North America Region (%)
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Aseptic Packaging Market Segmental Analysis
The Global Aseptic Packaging Market is segmented by type, material, application and region. Based on type, the market is segmented into Cartons, Bottles and Cans, Bags and Pouches, Ampoules, Others (Bag-in- Box packaging, Trays and Containers). Based on Material, the market is segmented into Plastic, Paper & Paperboard, Metal, Glass, Wood. Based on the application the market is segmented into Food (Dairy Foods, Processed Foods, Fruits & Vegetables, Soups and Broths, Baby Food, Rest of Food Industry, Meat & Sea Food, Fruits & Vegetables), Beverages (Milk and Other Dairy Beverages, Ready-To-Drink Beverages, Fruit Beverages), Pharmaceutical (Prefillable Syringes, Bottles, Vials And Ampoules, Iv Bags), Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Aseptic Packaging Market Aseptic Analysis by Type
By type, the market can be segmented into Cartons, Bottles and Cans, Bags and Pouches, Ampoules, Others (Bag-in- Box packaging, Trays and Containers). Cartons hold a significant share in the aseptic packaging market due to their versatility and widespread use across various industries. They are commonly used for packaging dairy products, juices, and other beverages, as well as liquid foods like soups and sauces. The dominance of cartons is attributed to their eco-friendly nature, cost-effectiveness, and ability to provide longer shelf life for perishable products.
The bottles segment is experiencing rapid growth, driven by increasing consumer preference for on-the-go and single-serve beverages, rising health consciousness, and the growing demand for functional beverages. Additionally, the expansion of the pharmaceutical industry and the need for aseptic packaging of liquid medications contribute to the growth of the bottles segment.
Aseptic Packaging Market Aseptic Analysis by Material
By Material, the market can be segmented into Plastic, Paper & Paperboard, Metal, Glass, Wood. Paper and paperboard materials have a significant presence in the aseptic packaging market. They are widely used in carton packaging solutions, such as brick-shaped cartons and gable-top cartons. The dominance of paper and paperboard is attributed to their eco-friendly nature, recyclability, and ability to provide excellent printability for branding and product information.
The plastics segment is experiencing rapid growth, driven by factors such as the increasing demand for lightweight and convenient packaging, the expansion of the food and beverage industry, and advancements in plastic technologies. Moreover, the rising popularity of single-serve beverages, on-the-go consumption, and the need for extended shelf life contribute to the growth of the plastics segment.
Global Aseptic Packaging Market By Type
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Aseptic Packaging Market Regional Insights
North America dominated the global market due to its well-established food and beverage industry and advanced packaging technologies. The region has a high demand for packaged foods and beverages, driven by factors such as busy lifestyles, convenience, and increasing consumer preference for on-the-go consumption. Additionally, the presence of major players like Tetra Pak International S.A. and SIG in North America contributes to its dominance. These companies have a strong market presence and offer a wide range of aseptic packaging solutions, giving them a competitive advantage.
On the other hand, the APAC region is considered the fastest growing market. The rapid economic development in countries like China and India has led to increased disposable income and urbanization, resulting in a higher demand for packaged food products. Also, the growing population in the APAC region presents a large consumer base for packaged goods. Furthermore, the rising awareness of food safety and hygiene among consumers is driving the adoption of aseptic packaging in the region. The presence of emerging economies and the expansion of end-use industries like food, beverages, and pharmaceuticals in APAC contribute to its fast-paced growth in the aseptic packaging market.
Global Aseptic Packaging Market By Region
- Largest
- Fastest
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Aseptic Packaging Market Dynamics
Aseptic Packaging Market Drivers
Increasing demand for packaged foods and beverages
- One significant driver for the growth of the aseptic packaging market is the increasing demand for packaged foods and beverages, especially in urbanized regions. Factors such as busy lifestyles, convenience, and the rise in on-the-go consumption patterns have fueled the need for aseptic packaging solutions. Additionally, the growing awareness among consumers regarding food safety and hygiene has further propelled the adoption of aseptic packaging technology. As a result, the industry is experiencing a surge in demand, driving its overall expansion.
Aseptic Packaging Market Restraints
Higher initial cost associated with the technology
- A key restraint for the aseptic packaging market is the higher initial cost associated with the technology compared to conventional packaging processes. This cost factor can limit the adoption of aseptic packaging, particularly among small and medium-sized businesses with limited budgets. Additionally, the presence of alternative processes such as hot fill technology, extended shelf life (ESL), and pasteurization poses a challenge to the market growth. Despite the advantages offered by aseptic packaging in terms of increased shelf life and product safety, these alternatives remain viable options for some companies, hindering the market's expansion.
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Aseptic Packaging Market Competitive Landscape
Global aseptic packaging market is characterized by intense competition among a range of players, including both multinational and domestic companies. The market is highly consolidated, with several players vying for market share. To gain a competitive edge, companies focus on factors such as product innovation, development, and cost competitiveness. Additionally, increasing consumer concerns about the environment have led to a growing demand for product-specific, bio-based, and recyclable aseptic packaging solutions. These factors shape the competitive dynamics of the market, driving companies to differentiate themselves and cater to evolving customer preferences.
Aseptic Packaging Market Top Player’s Company Profiles
- Tetra Pak International S.A. (Switzerland)
- SIG (Switzerland)
- Greatview Aseptic Packaging Co., Ltd. (China)
- Amcor plc (Australia)
- Elopak (Norway)
- Coesia S.p.A. (Italy)
- Scholle IPN (US)
- IPI s.r.l. (Italy)
- Sealed Air Corporation (US)
- Goglio S.p.A. (Italy)
- Printpack (US)
- DS Smith Plc (UK)
- Reynolds Group Holdings (New Zealand)
- Sonoco Products Company (US)
- Uflex Limited (India)
- Ecolean AB (Sweden)
- Printec Group (Italy)
- Comar, LLC (US)
- Mondi Group (UK)
- Krones AG (Germany)
- Nippon Paper Industries Co., Ltd. (Japan)
- Multivac Sepp Haggenmuller SE & Co. KG (Germany)
Aseptic Packaging Market Recent Developments
- In February 2023, Ecolean launched its latest aseptic packaging solution, Air Aseptic Clear, which combines transparency, lightweight design, and sustainability to meet the growing demand for eco-friendly packaging.
- In November 2022, SIG Combibloc Group introduced the SIGnature Pack 100, a fully recyclable aseptic carton packaging solution made from plant-based materials, offering enhanced sustainability to customers.
- In July 2022, Bosch Packaging Technology launched the ALF 5000, an advanced aseptic liquid filling and closing machine capable of high-speed processing, catering to the pharmaceutical and beverage industries.
Aseptic Packaging Key Market Trends
- One key market trend in the aseptic packaging industry is the growing demand for sustainable and eco-friendly packaging solutions. Consumers are increasingly conscious about the environmental impact of packaging materials, leading to a shift towards bio-based and recyclable packaging options. Market players are investing in research and development to develop innovative, sustainable packaging materials that maintain product integrity while minimizing environmental footprint. This trend aligns with the global movement towards sustainability and presents opportunities for companies to differentiate themselves by offering environmentally friendly aseptic packaging solutions.
Aseptic Packaging Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global aseptic packaging market analysis, the market is projected to experience significant growth due to rising demand for packaged foods and beverages, driven by busy lifestyles and the convenience of on-the-go consumption, is a major driver for the market. Additionally, the increasing awareness of food safety and hygiene among consumers further fuels the adoption of aseptic packaging technology. However, the market faces challenges such as the higher initial cost compared to conventional packaging processes and competition from alternative technologies like hot fill and pasteurization. Despite these challenges, the market presents opportunities for innovation, product development, and cost competitiveness. Furthermore, the focus on sustainability and eco-friendly packaging solutions is an emerging trend in the industry. As a result, the market is poised for growth, with North America currently dominating and the Asia-Pacific region showing the fastest growth potential.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 65.00 billion |
| Market size value in 2031 | USD 185.89 billion |
| Growth Rate | 11.10% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Aseptic Packaging Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Aseptic Packaging Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Aseptic Packaging Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Aseptic Packaging Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Aseptic Packaging Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Aseptic Packaging Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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