Aseptic packaging is a process in which products and containers are sterilized and packed in a sanitized atmosphere. Major factor driving growth of the global aseptic packaging market is increasing demand for ready-to-use and ready-to-eat food products among consumers. However, stringent government regulations in many countries against some type of aseptic packaging such as plastic may affect growth of the target market.
The global aseptic packaging market has been segmented on the basis of material, product type, application, and region. On the basis of material, the market is segmented into paper and cardboard, plastic, metal, glass, and wood. Paper segment is expected to witness fastest growth in terms of revenue, due to increasing preference for recyclable and eco-friendly packaging material.
On the basis of product type, the market is segmented into bottles, cans, pouches and bags, cartons, and others. Carton segment holds major share in terms of revenue and is expected maintain its dominance in the near future. On the basis of application, the market is segmented into beverages and food. Currently, beverages segment dominates the global market in terms of revenue, due to increasing consumption of juices, milk and dairy products.
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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Market in Asia Pacific is expected to dominate the global market in terms of revenue, owing to increasing aseptic packaging industries especially in emerging economies such as China and India. North America market is expected to account for second highest share in terms of revenue in the near future, owing to rising consumption of ready-to-eat food products among consumers. Market in Europe is expected to witness lucrative growth over the forecast period, followed by Latin America and Middle East and Africa.
Key players operating in the global aseptic packaging market include Robert Bosch GmbH, E. I. du Pont de Nemours and Company, Tetra Laval International S.A., Reynolds Group Holdings Limited (New Zealand), Amcor Limited, The Becton, Dickinson and Company, Bemis Company, Inc., Greatview Aseptic Packaging Company Limited, IMA SpA, and SCHOTT AG.