The report on global aseptic packaging market provides qualitative and quantitative analysis for the period of 2015 to 2023. According to the report the global aseptic packaging market is projected to grow with a CAGR between 9.5 % and 10.0 % from 2017 to 2023. According to the report the global aseptic packaging market was worth USD 34.55 billion in 2015.
Figure 1: Global Aseptic Packaging Market by Value 2017 - 2023
The report identified that the global aseptic packaging market is driven by factors such as, growing demand for aseptic packaging from the healthcare sector, easy distribution and storage for food and beverages, as well as drug sterility requirements. On the other hand, the restraining factors identified in the study include huge initial capital investment.
Increasing sales of medical consumables and emergence of the pharmaceutical industry in the Asia Pacific provide opportunity for major players in the emerging and developing economies. Lack of awareness about aseptic packaging for products among the physicians and public in non-developed markets is likely to be a primary challenge for the major players to expand in these markets during the forecast period.
The report segments the aseptic packaging market on the basis of material, type, application and region. The market size of each segment has been provided in terms of value (USD). On the basis of materials the global aseptic packaging market is segmented as paper and paperboard, plastics, metals and glass. The market segments by type include cartons, bottles & cans, bags & pouches, vials & ampoules, pre-filled syringes and others. Moreover, the market segments, by application include food & beverages, pharmaceutical & medical applications and others. The report provides highlights into the fastest growing and the largest segments in terms of dollar value.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023.
Figure 2: Global Aseptic Packaging Market by Region
Asia Pacific is the key consumer of the aseptic packaging products in the global market. In 2015, this region accounted for over 32% share in the global market. High demand from countries such as Japan, India and South Korea enhance the growth of the Asia-pacific aseptic packaging market. Moreover, emerging economies across APAC region expected to be a factor for growth during forecast period. Moreover, the developed markets such as North America and Europe accounted for more than 53% of the world aseptic packaging market in the year 2015
The companies covered in the report include Amcor Limited, Dickinson & Company, Robert Bosch GmBH, Ecolean Packaging, Schott AG, Parish Manufacturing, Greatview Aseptic Packaging Co Ltd., Becton, Printpack, Tetra Laval, I. du Pont de Nemours and Company, and Scholle Packaging among others.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of aseptic packaging globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider.
The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of aseptic packaging market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the aseptic packaging market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market strategies of the leading players.
This report will help
manufacturers, suppliers and distributors of the aseptic packaging market to understand the present and future trends in this market and
formulate their strategies accordingly.
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