Global Aseptic Paper Packaging Market Trends, Applications, Analysis, Growth, and Forecast to 2028
“Global Aseptic Paper Packaging Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global aseptic paper packaging market report has been segmented on the basis of paper type, end-user, and region.
Global Aseptic Paper Packaging Market: Overview
Aseptic packaging is a process in which solid or liquid products are packed in sterilized containers and sealed in sterilized atmosphere. This packaging offers secure packaging to the product and also provides a viable alternative for hot-fill packaging solutions. In addition, it adds shelf life to a product and keep food and dairy products fresh without refrigeration or addition of preservatives. Also, such packaging make package light in weight and reduces the shipping cost. Aseptic paper is majorly used for the packaging of medicines in the pharmaceutical industry.
Global Aseptic Paper Packaging Market: Dynamics
Growing demand for ready-to-eat and ready-to-use products and increasing preference for online shopping among individuals are some of the factors expected to fuel growth of the target market. In addition, increasing expenditure on R&D activities to develop and introduce more advanced as well as lightweight products, is projected to provide significant growth opportunities for growth of the target market during the forecast period. Moreover, changing food habits among consumers regarding hygiene, safety, and nutrient content is also resulting into rising preference for aseptic paper packaging and drives growth of the global aseptic paper packaging market over the forecast period.
However, stringent rules and regulations by various governments on paper packaging in many countries is expected to hamper growth of the target market.
Global Aseptic Paper Packaging Market: Segment Analysis
Global aseptic paper packaging market has been segmented based on paper type, end-user, and region. Among paper type, the coated unbleached paperboard segment is projected to dominate the target market over the forecast period. Based on the end-user, the market has been segmented as food & beverages, dairy industry, and pharmaceuticals. The food & beverages segment is contributed the major revenue share to the target market.
Aseptic Paper Packaging Market: Region Analysis
The Asia Pacific aseptic paper packaging market is expected to account for major market share in terms of revenue and is expected to witness fastest growth over the forecast period. This can be attributed to growing food processing industries, product advancement in the type of packages use, coupled with increasing number of aseptic packing companies, are some of the other factors driving growth of the aseptic packaging market in the region. Furthermore, increasing demand for packaged products in the region owing to rising disposable income and changing living standards of consumers is expected to drive revenue growth of target market. In addition, factors such as increasing demand for convenience food and rising adoption of online shopping and e-tailing, also bolster demand for aseptic paper packaging.
The market in North America is expected to witness significant growth over the forecast period, owing to increasing demand for paper from packaging industry and growing retail, as well as e-commerce sector in the region. Aseptic paper packaging market in Europe is expected to witness moderate growth in terms of revenue in the near future, followed by Latin America and Middle East and Africa.
Global Aseptic Paper Packaging Market Segmentation:
Segmentation by Paper Type:
- Bleached paperboard
- Coated Unbleached Kraft Paperboard
Segmentation by End-user:
- Food & Beverages
- Dairy Industry
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Tetra Pak International S.A.
- Nampak Ltd.
- SIG Combibloc Obeikan (South Africa) (Pty) Ltd.
- Mondi Ltd
- Polyoak Packaging Group (Pty) Ltd.
- Amcor Limited
- Elopak SA
- IPI s.r.l.
- Uflex Ltd
- Ducart Group
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