Market Analysis
The Aseptic Packaging Market is projected to grow at a notable CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Aseptic packaging, simply put, is a specialized manufacturing process where pharmaceutical, food, or other contents are separately sterilized from packaging. The contents are then inserted into a container in an environment that is sterile. It uses a very high temperature to maintain the contents’ freshness and also at the same time ensure that the same is not contaminated with microorganisms. This packaging process is used for different beverages and food products such as pudding, tomatoes, soup, and milk and also at the same time is used in the pharmaceutical industry to make sure that medications are not polluted with harmful bacteria. It is generally made of paperboard, glass, metal, and plastic and its different types include ampoules, bags and pouches, bottles and cans, cartons, and others. Owing to its alluring features and benefits, aseptic packaging has wide applications in pharmaceutical, beverages, food, and others.
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Various factors are propelling the global aseptic packaging market share. According to the recent MRFR report, such factors include growing demand for transportation for longer distances, growth in dairy and milk products, need for uniform and high-quality product, down-gauging of packaging, call for higher nutrient retention, avoid BPA controversy, demand for ready-to-eat food products, rising urbanization, booming packaging industry, and increased shelf life & safety offered. Besides, the market has witnessed ample growth during the on-going COVID-19 pandemic, where customers have shifted to panic stocking and online retail that has led to a growing demand for essential food items like vegetables, baby food, and milk.
On the contrary, stringent government regulations on plastic packaging and the presence of alternative processes like pasteurization, ESL, and hot fill technology may limit the global aseptic packaging market growth over the forecast period.
Segmentation
The global aseptic packaging market is segmented based on material, type, and application.
On the basis of the material, it is segmented into glass, plastic, metal, and paperboard.
By the type, the market is classified into ampoules, cartons, bags & pouches, bottles & cans, and others.
Major applications include pharmaceutical, food, beverages, and others. Food and beverages segments can trigger massive demand for aseptic packaging due to technological advances. This is exemplified by the new design of cans with additional functional and storage capabilities. The shift of popular brands to this technology owing to storage efficiency and food safety can bode well for the global market.
Regional Overview
North America, Europe, Asia Pacific and the rest of the world regional market for aseptic packaging are predominantly covered in the global aseptic packaging market research report. Country-level aseptic packaging markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level aseptic packaging markets are covered in the report. In Asia-Pacific (APAC) region, the country-level aseptic packaging markets covered are Japan, India, China, and others. The aseptic packaging market research report also explores the regional market for aseptic packaging present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The aseptic packaging market research report also covers regional markets from the rest of the world alongside aseptic packaging markets of Africa and the Middle East.
Competitive Landscape
Milk and dairy products market growth and high preference for sustainable packaging and manufacturing practices are presumed to drive the aseptic packaging market growth worldwide. The global aseptic packaging market could be challenged by lack of R&D, nevertheless, organizations in the aseptic packaging market will carry the growth rate forward. The aseptic packaging market research report presents company profiles of major companies active in the aseptic packaging market globally. Furthermore, the global aseptic packaging market report offers an all-inclusive analysis of the market collected from the aseptic packaging market’s primary and secondary sources covering both decision makers and thought leaders. The aseptic packaging market research report highlights such key areas assisting businesses operating in the aseptic packaging market to build better growth strategies.
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Industry News
UFlex Limited has announced that the production capacity of its aseptic plant in Sanand (Gujarat) would increase from 3.5 to 7 billion packs per year. In the next 10 months the capacity expansion will be done. The expansion reflects new contracts and the increased demand for aseptic laminates of the firm. This initiative, powered by a strong and healthy order book and continuous market growth, doubles the capacity of production and enables the company's expanding operating team to be formed through the recruitment of additional staff to improve its Expansion Plan.
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