Global Aseptic Packaging Market - Overview
Aseptic packaging is defined as the packaging of commercially sterile products such as food and pharmaceuticals. Such applications demand sterilized containers under hygienic conditions so as to prevent reinfection. This ensures a long shelf-life, and be protected from micro-organism infestation.
The Aseptic Packaging market is a very dynamic market and is expected to witness high growth over the forecast period. The growth of such packaging is influenced by increased demand from beverage industry, growing demand from pharmaceutical industry, and increased government policies regarding food safety. However, high added cost of products is expected to hinder the growth.
On the basis of type, cartons are dominating the aseptic packaging market. The growth of beverage industry and the increase in adoption of sterilized dairy products packed in cartons made up of paperboard and a thin layer of aluminum, have positively impacted the cartons segment of the aseptic packaging market. On the basis of application, food products have the largest market share in aseptic packaging. The growing demand for packaged food products such as ready-to-eat meals, frozen meals and dairy products is driving the global aseptic packaging market. This packaging also eliminates the need for refrigeration the products.
There is seen an expanding role of government and other agencies to ensure food safety on a global platform. Government agencies are responsible for setting food safety standards, conducting inspections, ensuring that standards are met, and maintaining a strong enforcement program to deal with those who do not comply with standards. The Food Safety Modernization Act (FSMA), enables the Food and Drug Administration (FDA) to better protect public health by strengthening the food safety system. The government policies have become stringent in the emerging economies due to increased awareness about food safety. This acts as a driver for the growth of aseptic packaging market.
Key Players:
Robert Bosch GmbH (Germany), Amcor Limited (Australia), Tetra Pak International S.A. (Switzerland), Greatview Aseptic Packaging Co., Ltd.(China), SIG Combiboc Obeikan (Switzerland), Reynolds Group Holdings Limited (U.S.), ELOPAK Group (Norway), Sealed Air Corporation (U.S.), Molopak LLC (Russia), SIG Combibloc Group AG (Switzerland) are some of the prominent players at the forefront of competition in the global aseptic packaging market and are profiled in MRFR Analysis.
Global Aseptic Packaging Market - Competitive Analysis
Aseptic packaging industry has seen significant growth in last few years due to its application across industries, and supportive government policies on food safety. The market is expected to show similar growth in coming time due to various technological advancement along with increased awareness about packaging and its harmful effects.
Uflex announced its plans of acquiring Tetra Pak in Dec 2017. The move is expected to position the brand as one of the leading brands for aseptic packaging. This along with increased market share will be the motive behind the move. The company also introduced its new ASEPTO brand for aseptic liquid packaging material in India in 2017.
Cooperativas Lácteas Unidas (Spain), a dairy company launcyhed Elopak's Pure-Pak Sense Aseptic cartons in southern Europe and introduce UHT milk in gable top cartons in Spain.
In December 2017, Tetra Pak launched Tetra Evero aseptic carton bottle and filling machine in the US. These are recyclable aseptic carton bottle, which is made mainly from wood fiber.
Global Aseptic Packaging Market - Segments
Global Aseptic Packaging market size is segmented in to 4 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Material: Comprises – Plastic, Metal, Glass, and Paperboard
Segmentation By Type: Comprises – Cartons, Bottles & Cans, Bags & Pouches, Ampoules and others
Segmentation By Application: Comprises – Food, Beverages, Pharmaceutical, and others
Segmentation By Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World
Global Aseptic Packaging Market - Regional Analysis
APAC accounts for the largest market share in the aseptic packaging market. It is expected to experience the fastest growth during the forecasted period due to the economic growth of China and India. The region offers flourishing market for such technological advanced packaging solutions. The FDI in retail has further widened the scope of aseptic packaging and lures the foreign players to enter the market with new packaging solutions. This is backed by the increasing demand of packaged food and beverages in countries like China and India due to increasing disposable income.
Furthermore the growing awareness towards food safety and harmful effects of the packaging material used for food & beverages has induced the growth in aseptic type of packaging in Asia Pacific region. The governments have also seen promoting the food safety regulations.
North America has witnessed increased investment in the R&D and product innovation as far as packaging is concerned. Furthermore, the stringent food safety policies in the countries of the U.S. and Canada drives the demand of aseptic packaging in the food & beverage sector.
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