Global Aseptic Packaging Market: Analyst’s Estimations

The radical manner in which urbanization has occurred in the emerging economies of China and India in the past decade has been a boon for the food, beverage, and dairy industries. These two countries house more than one-third of the world’s population and a significant part of them are now demanding packaged eatable and drinkable products, that too aseptically – ensuring preservation from environmental contamination while being preservative-free. According to the findings of this business intelligence study, the demand in the global aseptic packaging market will propagate at an impressive CAGR of 10.0% during the forecast period of 2017 to 2024. In terms of revenue, the global aseptic packaging market has been estimated to attain a valuation of 80.49 billion by 2024, mounting from the market’s evaluated worth of US$41.31 billion as of 2017.

Apart from the growing demand for adequately packaged food products from the Asian emerging economies, developed countries in the western parts of the world are also expected to sustain a consistent demand in the aseptic packaging market in the near future, which can be attributed to higher awareness levels regarding the benefits. Advent of eco-friendly aseptic packaging, decreasing cost, and ease in handling are some of the other drivers of this market.

global aseptic packaging market

Additionally, the pharmaceutical industry is also foreseen to emerge as an end-use segment that will increment the demand in the aseptic packaging market over the forecast period of this report, i.e. 2017 to 2024. On the other hand, complexity of the manufacturing process is anticipated to be a mild restraint over the progress of the aseptic packaging market going forward. This report also highlights and analyzes market opportunities such as rising awareness regarding the side-effects caused by alternate packaging methods that use preservatives.

Pharmaceutical and Dairy Industries Key End-users

Assessing the potential of demand coming from the end use industries of pharmaceutical, food, beverages, dairy, and others such as personal care – this report has identified pharmaceutical and dairy product manufacturers as the primary end users of the aseptic packaging market. By the end of 2024, the pharmaceutical aseptic packaging market is estimated to be worth US$28,110.3 million whereas dairy producers are projected to generate a demand of value US$24,616.6 million. Dairy products such as yogurt, milk, and cheese are highly prone to environmental-contamination and generally have low shelf-life. On the other hand, pharmaceuticals segment is expanding on the back of increasing demand for medical consumables in all regions.

The report also bifurcates the aseptic packaging market on the basis of product, into bottles including glass and plastic, cartons, bags and pouches, vials and prefilled syringes and ampoules, and others such as cups. The sub-segments of vials and prefilled syringes and ampoules constituted for a demand worth of US$13,972.1 million in 2017 and is forecasted to remain most prominent throughout the aforementioned forecast period.

Asia Pacific to Remain Most Lucrative Region until 2024

China dominated the global aseptic packaging market in 2017. The country is expected to maintain its dominance during the forecast period due to the increase in demand for aseptic packaging in various applications and allied end-user industries. Presence of domestic producers and low cost of manufacturing due to economies of scale are anticipated to boost the market in China. As a result, Asia Pacific is estimated to be the most lucrative regional market during the forecast period owing to the increasing demand for aseptic packaging in the food & beverages, personal care, and pharmaceuticals industries.

Countries such as India, Thailand, and Indonesia are projected to be the frontrunners in terms of usage of aseptic packaging. By 2024, the Asia Pacific aseptic packaging market is estimated to produce a revenue of US$31,488.9 million, generating 39.1% of the global demand. Europe and then North America are the next two profitable regions.

The report also contains a featured section on the competitive landscape of the global aseptic packaging market, which has been detected as a fairly consolidated one. Tetra Pak, SIG Combibloc, Elopak, Greatview Aseptic Packaging Company, and Schott AG have been identified as a few prominent players of this market.

Global Aseptic Packaging Market: Overview

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 2017 to 2024, considering 2016 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.

Global Aseptic Packaging Market: Key Research Aspects

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 2017 and forecast for the next seven 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.

Global Aseptic Packaging Market: Research Methodologies

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.

Global Aseptic Packaging Market: Competitive Landscape

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.

For this study, the market has been segmented 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
.