The global aseptic packaging market size is expected to reach USD 82.91 Billion in 2028 and register a revenue CAGR of 7.0% over the forecast period, according to the latest report by Reports and Data. Rising demand for food and beverage products with extended shelf life is expected to drive market revenue growth to a significant extent during the forecast period. Aseptic packaging solution enables food and beverage companies to extend shelf of products without refrigeration for an estimated 6 to 12 months. This packaging solution helps in reducing the growing amount of food waste at retailer and consumer levels. Manufacturers gain the advantage of extended time to ship and sell products before expiry or loss of texture, flavor, or health benefits.
Aseptic Packaging Market: Market Participants
- Amcor
- I. du Pont de Nemours and Company
- Tetra Laval International
- Bemis
- Reynolds Group Holdings Limited
- Sealed Air Corporation
- Robert Bosch
- and Greatview Aseptic Packaging.
Some Key Highlights in the Report:
- Paper and paperboard segment is expected to register robust revenue CAGR over the forecast period owing to increasing growing use of recyclable paper cartons in aseptic packaging due to rising focus on environmental sustainability.
- Increasing use of cartons in packaging of milk and other dairy products owing to its numerous benefits such as convenience of use, availability of various shapes and sizes, longer shelf life, and excellent barrier properties are some key factors boosting revenue growth of the cartons segment.
- Food & beverage segment is expected to account for a significantly large revenue share over the forecast period owing to growing demand for convenience and on-the-go foods and increasing use of aseptic packaging for beverage packaging to maintain taste, quality, and nutritional content of the product.
- Asia Pacific is expected to register robust revenue CAGR over the forecast period owing to rapidly growing food and beverage industry, rising preference for convenient and eco-friendly packaging, and increasing presence of key manufacturers in APAC countries such as India, China, and South Korea.
Key Points of the Competitive Outlook:
- The latest Aseptic Packaging industry analysis report highlights the top companies operating in the industry and carefully assesses their current market standing, revenue growth trajectory, and product portfolios.
- The report highlights the company profiles of these industry players and discusses their pricing models, consumer demands, and gross profit margins.
- Furthermore, the report offers vital information on the product portfolios, new product additions, strategic developments, and annual revenues of these companies.
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