May 6, 2021   SOURCE: BusinessWire

Outlook on the Aseptic Packaging Global Market to 2028 - Increasing Preference for Plastics Due to Low Costs Presents Opportunities - ResearchAndMarkets.com

The "Global Aseptic Packaging Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.

According to this report, the global market for aseptic packaging is likely to prosper at a CAGR of 9.24% through the projected period 2021-2028.

The market for aseptic packaging is primarily motivated by factors such as enhanced recycling rates, growing demand for products with extended shelf life, and rising demand for processed food. Globally, consumers are demanding products having a longer shelf life, along with easy usage. This has compelled companies to develop alternate packaging solutions, which are cost-effective and protect the products from deteriorating.

However, the volatile cost of raw materials and complications faced during manufacturing are negatively impacting the development of the aseptic packaging market.

The global aseptic packaging market comprises the Asia-Pacific, North America, Latin America, Europe, and the Middle East and Africa regions.

The Asia-Pacific is likely to observe the fastest growth rate in the aseptic packaging market over the estimated years. The region's market is primarily driven by countries like China, India, South Korea, Indonesia, and others. The increase in disposable income, urbanization, and rise in demand for F&B products due to growing populations, are majorly encouraging the adoption of aseptic packaging across the region.

Furthermore, there is substantial growth in the Chinese beverage industry over the past few years. This growth in the food and beverage industry is likely to augment the demand for aseptic packaging, thereby fueling the aseptic packaging market in the Asia-Pacific region.

Companies Mentioned

  • Amcor plc
  • Bemis Company Inc
  • DS Smith plc
  • Elopak As
  • Mondi plc
  • Reynold Group Holdings plc
  • Sonoco Products Company
  • Smurfit Kappa Group plc
  • SIG Combibloc Group AG
  • Stora Enso Oyj
  • Tetra Laval International Sa
  • Sealed Air Corporation
  • Schott AG
  • Uflex Limited

Key Topics Covered:

1. Global Aseptic Packaging Market - Summary

2. Industry Outlook

2.1. Impact of COVID-19 on Aseptic Packaging Market

2.2. Key Insights

2.2.1. Increase in Government Expenditure on Healthcare

2.2.2. Vials, Prefilled Syringes, and Ampoules is Anticipated to Grow at a Highest CAGR

2.2.3. Increased Adoption of Electrical Resistance Heating Techniques

2.3. Porter's Five Forces Analysis

2.3.1. Threat of New Entrants

2.3.2. Threat of Substitutes

2.3.3. Bargaining Power of Suppliers

2.3.4. Bargaining Power of Buyers

2.3.5. Threat of Competitive Rivalry

2.4. Market Attractiveness Index

2.5. Vendor Scorecard

2.6. Industry Components

2.7. Key Market Strategies

2.7.1. Product Launches

2.7.2. Partnerships & Agreements

2.8. Market Drivers

2.8.1. Enhanced Recycling Rates for Packaging

2.8.2. Reduced Rate of Cold Chain Logistics

2.8.3. Growing Demand for Products With Extended Shelf Life

2.8.4. Rising Demand for Processed Food

2.9. Market Restraints

2.9.1. Volatile Cost of Raw Materials

2.9.2. Complications in Manufacturing

2.10. Market Opportunities

2.10.1. Increasing Preference for Plastics Due to Low Costs

2.10.2. Adoption of Advanced Tools for Aseptic Packaging

3. Global Aseptic Packaging Market Outlook - by Type

3.1. Carton

3.2. Bags and Pouches

3.3. Bottles and Cans

3.4. Vials, Prefilled Syringes, and Ampoules

3.5. Other Types

4. Global Aseptic Packaging Market Outlook - by Material

4.1. Paper & Paperboard

4.2. Plastics

4.3. Metals

4.4. Glass

4.5. Other Materials

5. Global Aseptic Packaging Market Outlook - by Industry Vertical

5.1. Beverage

5.2. Healthcare

5.3. Food

5.4. Other Industry Verticals

6. Global Aseptic Packaging Market - Regional Outlook

6.1. North America

6.2. Europe

6.3. Asia-Pacific

6.4. Latin America

6.5. Middle East and Africa

7. Competitive Landscape

7.1. Amcor plc

7.2. Bemis Company Inc

7.3. Ds Smith plc

7.4. Elopak As

7.5. Mondi plc

7.6. Reynold Group Holdings plc

7.7. Sonoco Products Company

7.8. Smurfit Kappa Group plc

7.9. Sig Combibloc Group AG

7.10. Stora Enso Oyj

7.11. Tetra Laval International Sa

7.12. Sealed Air Corporation

7.13. Schott AG

7.14. Uflex Limited

8. Methodology & Scope

8.1. Research Scope & Deliverables

8.2. Sources of Data

8.3. Research Methodology

For more information about this report visit https://www.researchandmarkets.com/r/gkbw21