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Aseptic packaging is a system that allows products to be stored for extended periods without refrigeration. Aseptic paper for packaging exceeds the product's shelf life while preserving its original composition, driving the market growth. The aseptic paper packaging market is increasing due to the increased consumption of juice, milk, and meat that must be packed aseptically. Aseptic packaging is energy efficient, lightweight, and durable; due to this, it is widely used in the food and beverage and pharmaceutical industries. Aseptic paper packaging is majorly used for the packaging of medicines in the pharmaceutical industry, which is fuelling market growth.
Growing demand for ready-to-eat products and increasing online shopping trends are some of the factors expected to fuel the growth of the aseptic paper packaging market. In addition, increasing expenditure on R&D activities to develop more advanced and lightweight products is projected to provide growth opportunities for the market. Moreover, changing food habits regarding hygiene, safety, and nutrients also results in a rising global aseptic paper packaging market.
The environmental consequences of aseptic packaging with strict government regulations regarding the use of plastic as this type of component have long-term effects restraining market growth. Moreover, due to a more complicated production system, the costs rapidly increase, resulting in high consumer costs. Such increased costs also impede market growth worldwide. The investment required for the design and various processing stages also limits the market growth.
The rapid change in consumer preferences evolving towards sterile packaging products with longer shelf life will positively impact the aseptic paper packaging market. The e-commerce sector witnessed significant spikes due to safety and delivery options during the pandemic, which will increase the aseptic paper packaging market. The increase in consumption of UHT, medicines, milk, and juice products is resulting in the growth of the aseptic paper packaging market.
The report will cover the following key insights:
Based on the thickness, the market is segmented into up to 100 microns, 100 to 200 microns, 200 to 300 microns, and above 300 microns. 100 to 200 microns holds the largest share in the global aseptic paper packaging market because the food remains sterile and free from bacteria and other harmful microorganisms. The other segments, such as 100 microns and above 200 microns, are also driving the market growth.
Based on the end use, the market is segmented into food & beverage and pharmaceutical. Food & beverage holds the largest market share in the global aseptic paper packaging market due to transportation with food and beverage becoming more mainstream. The lightweight aseptic paper packaging is popular in the market as it is convenient to carry and use. Rapidly changing and hectic lifestyles due to rising urbanization have increased the global aseptic paper packaging market. The other segment, such as pharmaceutical, is also boosting the market growth.
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The aseptic paper packaging market has been studied across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is the leading region of the global aseptic paper packaging market. It can be attributed to product advancement and the growing food processing industry, which are the factors driving the market growth in the region. North America is expected to witness major growth over the forecast period owing to the growing retail demand for the paper packaging industry and an increase in the e-commerce sector in the region. Europe is expected to have steady growth due to the market for liquor and non-alcoholic drinks, which will contribute to the aseptic paper packaging. In the forecast period, Latin America, the Middle East & Africa will experience moderate growth due to both regions' growing pharmaceutical and food & beverage industries.
The report will include profiles of key players such as Tetra Pak, SIG Group, Refresco, Elopak, Mondi Group, IPI S.r.l., UFLEX Limited, Evergreen Packaging, Greatview Aseptic Packaging, and Lamipak, among others.
By Thickness | By End Use | By Geography |
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