The vast rise in consumer demand for packaging techniques capable of preserving the longevity and quality of food, beverages, dairy products, and medicines without the need for adding preservatives in the past few years has fueled the global market for aseptic packaging. The market is also benefitting from the fact that aseptic packaging products such as cartons are environmentally safer when compared to conventional packaging products made from glass and PET.

The flourishing food, diary, beverage, and pharmaceutical industries and the rising preference of these industries to aseptic packaging is expected to result in excellent growth prospects for the global aseptic packaging market in the next few years. Transparency Market Research estimates that the market, which held an opportunity of US$34.42 bn in 2015, is expected to rise at a CAGR of 9.9% over the period between 2016 and 2024, rising to a valuation of US$80.49 bn by 2024.

Applications across Pharmaceutical Industry Gain Prominence

Revenue-wise, applications across the pharmaceutical industry emerged as the most lucrative for the global aseptic packaging market, accounting for a share of nearly 36% in 2015. Demand for a variety of aseptic packaging products is expected to rise at a steady pace in the next few years as well, driven chiefly by the rising consumption of medical consumables across the globe. The demand for aseptic packaging is expected to remain the largest in the Asia Pacific pharmaceutical industry over the forecasting horizon.

The dairy industry is presently the second-largest revenue contributor to the global aseptic packaging market and is expected to exhibit steady rise in the consumption of a variety of aseptic packaging products in the next few years as well. However, the beverages industry is expected to emerge as the most promising end-use segment of the global aseptic packaging market from 2016 through 2024. Over the said period the demand for aseptic packaging in the beverages segment is expected to rise at a 10.6% CAGR. The high attractiveness of this end-use segment will be as a result of the rising product portfolio of beverages as well as vast rise in demand for a vast variety of packaged beverages in the global market.



Developing Regions Represent Opportunities Ready to be Tapped Into

Asia Pacific is presently the largest regional market, accounting for a share of over 32% of the global aseptic packaging market in 2015. The region is also expected to expand at the fastest pace over the period between 2016 and 2024, led chiefly by the rising demand across flourishing industries such as pharmaceutical, food, and beverages. China will be a key contributor to the region’s commanding position in the global market, retaining its position as the largest country-wise market for aseptic packaging.

Apart from a vast rise in the demand for aseptic packaging across key application areas, China also holds a prominent position in the global market owing to the presence of domestic producers and capability of producing low-cost product varieties.

The market for aseptic packaging is also expected to gain high returns in countries such as Brazil, Chile, Argentina, Thailand, Vietnam, India, and Pakistan in the next few years. The vast rise in key end-use industries in the countries will be lead to the lucrative market for aseptic packaging in these countries. On a whole, the global market will witness the most prominent growth across developing nations, with stagnant growth across developed regions such as North America and Europe.

The competitive landscape of the global aseptic packaging market features high consolidation. Tetra Pak, the dominant company with supply chains spread across the globe, accounted for a share of over 65% in the market in 2015. Other key vendors in the market are Greatview Aseptic Packaging Co., Ltd., ELOPAK Group, Sealed Air Corporation, Ecolean AB, SIG Combibloc Group AG, Schott AG, and Molopak.

Aseptic packaging was introduced in the 1940s. The process was subsequently improvised to suit the needs of end-user industries. Aseptic packaging primarily includes paperboard, aluminum, polypropylene, calcium carbonate (by few manufacturers), borosilicate glass (for pharmaceutical packaging), and ethylene vinyl alcohol. The packages primarily consist of six to seven layers of the materials mentioned above. They are arranged in orderly fashion. Currently, food, beverages, and dairy are the key industries that employ aseptic packaging; however, the pharmaceutical industry leads the end-user segment. The aseptic packaging market is primarily dominated by Asia Pacific; it is followed by Europe and North America, due to the high growth of downstream industries in these regions.  

This report analyzes and forecasts the market for aseptic packaging at the global and regional level. The market has been forecast based on revenue (US$ Mn) from 2016 to 2024, considering 2015 as the base year. The study includes drivers and restraints of the global aseptic packaging market. It also covers impact of these drivers and restraints on demand for aseptic packaging during the forecast period. The report also highlights opportunities in the aseptic packaging market at the global and regional level.

The report includes detailed value chain analysis, which provides a comprehensive view of the global aseptic packaging market. Porter’s Five Forces model for the aseptic packaging market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-user industries are benchmarked based on their market revenue, growth rate, and general attractiveness.

The study provides a decisive view of the global aseptic packaging market by segmenting it in terms of products such as carton; bags & pouches; bottles; vials; prefilled syringes & ampoules, and others. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for aseptic packaging in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for individual products and end-user industries in all regions.

The report provides the estimated market size of aseptic packaging for 2016 and forecast for the next eight years. The global market size of aseptic packaging has been provided in terms of revenue. Market revenue has been defined in US$ Mn. Market numbers have been estimated based on key products and end-user industries of aseptic packaging. Market size and forecast for products and end-user industries have been provided in terms of global, regional, and country level markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, Plastemart magazine, TPE magazine, internal and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover’s, oneSOURCE, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.

We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

The report comprises profiles of major companies operating in the global aseptic packaging market. Key players in the aseptic packaging market include Tetra Pak, Sealed Air Corporation, Greatview Aseptic Packaging Co., Ltd., ELOPAK Group, Ecolean AB, Molopak, Schott AG, IPI, SIG Combibloc Group AG, and Dizaynpak Baski Ve Ambalaj Teknolojileri A.S. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. 

The report segments the global aseptic packaging market as follows:

Aseptic Packaging Market - Product Analysis

  • Bottles (Glass, Plastic)
  • Cartons
  • Vials, Prefilled Syringes & Ampoules
  • Bags & Pouches
  • Others (Cups)

Aseptic Packaging Market - End-user Analysis

  • Food
  • Dairy
  • Beverages
  • Pharmaceutical
  • Others (Personal Care, etc.)

Aseptic Packaging Market - Regional Analysis

  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • France
    • U.K.
    • Spain
    • Germany
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • ASEAN
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA