Aseptic Paper Packaging for Flat Top Carton Market
Aseptic Paper Packaging for Flat Top Carton Market (Paper Type – Bleached Paperboard, Coated Unbleached Kraft Paperboard; Thickness – Less than 240µm, 240 to 260µm, 260 to 280µm, More than 280µm; Packaging Structure Type – 5 Layer, 6 Layer, 7 Layer & Above; End Use – Dairy Products, Beverages) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027
According to Transparency Market Research’s latest report on the global aseptic paper for flat top carton market for the historical period of 2014-2018 and forecast period of 2019-2027, the market is anticipated to be driven by an increasing demand for enhanced and sustainable packaging solutions. The global aseptic paper for flat top carton market is expected to expand by 1.6x its current market value by 2027.
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Eco-Friendly Nature and Recyclability of Aseptic Paper for Flat Top Carton Solutions
- Release of hazardous industrial wastage and increasing carbon emission are serious concerns across the globe. Various governments have taken initiatives and imposed stringent rules and regulations to control and reduce environmental damage. Reducing industrial waste is one of the major economic and industrial challenges in for packaging manufacturers. Furthermore, the demand for eco-friendly packaging solutions is estimated to reach new heights in the foreseeable future.
- Liquid food products are usually packaged in plastic formats, which are derived from non-renewable resources and are difficult to recycle. However, raw material used for manufacturing aseptic paper for flat top carton is highly bio-degradable and can be recycled easily. All these factors are estimated to fuel the demand for aseptic paper for flat top carton solutions in the foreseeable future.
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Developments in Retail Sector to Support Growth of Aseptic Paper for Flat Top Carton Market
- The retail sector in several countries across the globe has experienced a massive transformation in the last few decades, with a noteworthy increase in the number of retail formats such as hypermarkets, supermarkets, convenience stores, and online retail.
- Multiple undersea cable connections and the rise in number of smartphone users has enabled steady growth in the number of consumers preferring to shop online. Increasing disposable incomes, fast lifestyles, and lesser time spent in kitchens have resulted in the rise in adoption of on-the-go food, thereby facilitating the increase in sales of packaged foods & beverages.
- In addition to this, online food retail is expected to emerge as a rapidly growing sales channel, and is anticipated to witness substantial growth during the forecast period. Rising need for packaged food influences consumer preference to shift toward the convenience food options, which boosts the demand for packaging formats such as liquid packaging cartons. All these factors are expected to propel growth of the aseptic paper for flat top carton market during the forecast period.
Rising Adoption of Aseptic Paper for Flat Top Carton for Convenience Packaging and Excellent Visual Product Presentation
- Millennials prefer products with convenience packaging and innovative features such as easier-to-open, smooth flow-control, and easy to dispose. High preference for such packaging over conventional packaging increases the application of aseptic paper for flat top carton solutions.
- Visual presentation of the packaging of any product is one of the vital factors that influences consumer purchasing decisions. The impact of good visual presentation of the product not only attracts consumers but also makes purchase decision easy. Thus, aseptic paper flat top cartons are anticipated to gain traction as a marketing tool for product differentiation. Enhanced packaging format also makes a product appear to have superior quality. This is expected to improve the adoption rate of aseptic paper for flat top carton over the forecast period.
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Manufacturers of Aseptic Paper for Flat Top Carton to Target China and India
- Aseptic paper for flat top carton is used predominantly in the beverage and dairy industry to efficiently package liquid products. Food & beverage, dairy, and retail industries are experiencing remarkable market growth in the highly potential markets such as China, India, and Mexico. This remarkable market growth is majorly driven by the rise of the middle-class group, increasing disposable incomes, and increasing expenditure on food consumption. This economic transformation of the food and beverage industry is likely to create a positive impact on the growth of the aseptic paper for flat top carton market during the forecast period.
- As per the food and agriculture organization of the United Nations report and survey (FAO), global milk production is anticipated to witness a notable rise in 2020. Leading countries such as India and China account for ~25% of the overall milk production in the world each year. The consistently rising consumption of dairy products in these countries boosts growth of the aseptic paper for flat top carton market and also provides gratifying opportunities to manufacturers that aim to expand their business footprints in these countries.
Aseptic Paper for Flat Top Carton Market - Competition Landscape
Some key players operating in the global aseptic paper for flat top carton market are
- Refresco Gerber N.V
- Nippon Paper Industries Co., Ltd.
- Amcor Limited
- Mondi Ltd.
- Weyerhaeuser Company
- Tetra Pak International S.A.
- Uflex Ltd
- Ducart Group
- Lami Packaging Co. Ltd.
- SIG Combibloc Obeikan (Pty) Ltd.
- IPI s.r.l
- Clearwater Paper Corporation
- Polyoak Packaging Group Ltd.,
Among these players, Tetra Pak International S.A. and SIG Combibloc Group AG hold a maximum market share in the global aseptic paper for flat top carton market. Owing to the presence of small- and medium-sized manufacturers, the intensity of competition is likely to be high in the global aseptic paper for flat top carton market.
Aseptic Paper for Flat Top Carton Market - Scope of the Report
Transparency Market Research (TMR) published a new report on the global aseptic paper for flat top carton market, providing forecast for the period of 2019-2027. In the report, growth opportunity for the aseptic paper for flat top carton market is analyzed. The report provides valuable insights, which enable readers to make winning business decisions for future growth of their businesses. The report highlights significant factors that are constantly determining the growth of the aseptic paper for flat top carton market, untapped opportunities for manufacturers, trends and developments, and other insights across various key segments. Macroeconomic factors that are directly or indirectly affecting market growth are also included in the report.
Key Questions Answered in TMR’s Aseptic Paper for Flat Top Carton Market Report
- What will be market size for aseptic paper for flat top carton by the end of 2027?
- Which packaging structure is expected to be most preferred for aseptic paper for flat top carton? What was its market size in 2018?
- Which is the most preferred paper type for aseptic paper for flat top carton in the global market?
- Which region will remain most lucrative for market growth?
- Who are the major key players in the aseptic paper for flat top carton market?
Key indicators associated with the aseptic paper for flat top carton market have been calculated thoroughly in the report. The study enumerates vital market dynamics such as key drivers, challenges, and trends, along with opportunities in the global aseptic paper for flat top carton market. A comprehensive study on the value chain, which includes component suppliers, manufacturers, distributors, and end users has been incorporated in the global market report. Other key aspects laid down in the market include strategy of leading market players and comparative analysis of packaging structure types. Furthermore, forecast factors and forecast scenarios of the aseptic paper for flat top carton market have been covered in this report to help readers understand future prospects of the market.
A comprehensive evaluation and forecast on the aseptic paper for flat top carton market are provided on the basis of paper type, thickness, packaging structure type, end-use, and region.
Y-o-Y growth comparison, volume and revenue comparison, and market share comparison of various market segments are provided in the report. The aseptic paper for flat top carton market is analyzed at both regional and country levels.
The report delivers an exhaustive assessment on the structure of the aseptic paper for flat top carton market, in tandem with a dashboard view of all leading company profiles in the report. Every company’s share analysis on market players have also been presented in the report, apart from the footprint matrix of profiled market players. The report depicts the presence of aseptic paper for flat top carton manufacturers by leveraging an intensity map. It also highlights key end users for aseptic paper for flat top carton.
The report further includes company overview of various key players. This includes detail analysis of aseptic paper for flat top carton manufacturers at the global level. Some key companies profiled in the aseptic paper for flat top carton market report include Refresco Gerber N.V., Clearwater Paper Corporation, Amcor Limited, Elopak SA, Mondi Ltd, Nippon Paper Industries Co., Ltd, Nampak Ltd., Tetra Pak International S.A, Ducart Group., Greatview Aseptic Packaging Co., Ltd, TidePak Aseptic Packaging Material Co. Ltd., SIG Combibloc Obeikan (Pty) Ltd, and Uflex Ltd.
A realistic methodology, along with a holistic approach makes the base for sharp insights, which are provided in the aseptic paper for flat top carton market report for the forecast period. The TMR report comprises of detailed information on growth prospects, along with riveting insights into the forecast assessment of the market.
Extensive primary and secondary researches have been employed to obtain keen insights into the forecast study of the aseptic paper for flat top carton market. The report has further gone through a cross-validation by in-house professionals to make the aseptic paper for flat top carton market report one-of-its-kind, with the highest credibility.
Aseptic Paper for Flat Top Carton Market: Segmentation
The global aseptic paper for flat top carton market has been bifurcated on the basis of paper type, thickness, packaging structure, end use, and region. Each of these segments are analyzed comprehensively to provide readers with a holistic view of the market.