Aseptic Paper Packaging Market Scope
Fueling Demand For ready-to-drink products, significant demand from application industries such as food, beverages, and pharmaceuticals, and the eco-friendly nature of aseptic packaging will help to boost global aseptic paper packaging market in the forecasted year. Aseptic packaging is a substantial packaging system which permits products stored without freezing for a long period of time. It is used to store delicate foods such as milk, nectars, soy beverages, and juice. It helps in growing the shelf life of the products during the conservation of its original composition. It is light in weight, energy efficient, and a reliable solution for packaging. The global aseptic packaging market is developing enormously due to several innovations and growths that are delivered by manufacturers to endure the competition in the packaging field.
The market study is being classified, by Application (Dairy Products [Milk, Yogurt] and Beverages [Fruit Juice, Carbonated, Alcoholic]) and major geographies with country level break-up. According to AMA, the Global Aseptic Paper Packaging market is expected to see growth rate of 5.5%
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Aseptic Paper Packaging market throughout the predicted period.
Tetra Pak International S.A. (Switzerland), Refresco Gerber N.V. (Netherlands), Nippon Paper Industries Co., Ltd. (Japan), Nampak Ltd. (South Africa), Mondi Ltd. (Austria), Polyoak Packaging Group (Pty) Ltd. (South Africa), Amcor Limited (Australia), Elopak SA (Norway), Uflex Ltd. (India) and Ducart Group (Israel) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Weyerhaeuser Company (United States), Evergreen Packaging Inc. (United States) and Clearwater Paper Corporation (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Aseptic Paper Packaging market by Type, Application and Region.
On the basis of geography, the market of Aseptic Paper Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2017. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Thickness Type, the sub-segment i.e. Less than 240um will boost the Aseptic Paper Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Paper Type, the sub-segment i.e. Bleached will boost the Aseptic Paper Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. Flat Top will boost the Aseptic Paper Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Structure Type, the sub-segment i.e. 3 Layer will boost the Aseptic Paper Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 3rd April 2019, Tetra Pak has launched its connected packaging platform, which will transform milk and juice cartons into interactive information channels, full-scale data carriers, and digital tools.
On 7th March 2019, Tetra Pak has launched the Tetra Classic® Aseptic 65ml Cube package, presenting an efficient packaging solution for dairy, juice and liquid food.
Market Trend
- Growing Used For the Packaging of Medicines in the Pharmaceutical Industry
- Escalating Demand for This Type of Hygienic Packaging
Market Drivers
- Rising Awareness about Preservative Free Food and Beverages
- High Adoption Due To Decreasing the Cost and Make the Package Light In Weight
Opportunities
- Huge Opportunity Due To Advent of Eco-Friendly and Sustainable Packaging
- Up Surging Demand Due To Online Food Delivery Services
Restraints
- Rising Threats of Substitutes Such As Plastics and Glass Packaging Products
- High Research & Development Investment
Challenges
- Cost-To-Benefit Ratio A Concern to Small Manufacturers
Key Target Audience
Suppliers and Distributors, Industry Association, Regulatory Bodies, Government and Private Research Organizations and Others
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