Aseptic Packaging Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Packaging Material (Paper, Plastic, Glass, Metal), By Products (Bottles, Cartons And Boxes, Bags, Pouches, Syringes, Vials & Ampoules, Cans, Others), By Application (Food, Beverage, Pharmaceutical And Healthcare, Others), And By Geography - Forecasts From 2022 To 2027

  • Published : Nov 2022
  • Report Code : KSI061610038
  • Pages : 135

The aseptic Packaging Market was worth US$55.596 billion in 2020 and is estimated to reach US$99.097 billion by 2027, at a CAGR of 8.61%.

Aseptic packaging is the process of filling sterile products into sterile containers, within the aseptic chambers or environment. Packaging advantages offered by this process have led to an increased usage of aseptic packaging products across the food, beverage, and healthcare industries. The growing food and beverage industry, coupled with a shifting trend toward food and beverages without preservatives, is expected to be the prime driver for the growth of the market during the forecast period.

Shifting trends toward foods and beverages without preservatives

Preservatives have been widely used to extend the shelf life of products. However, many of the preservatives (200 series), which are approved by various food standard associations around the globe, are capable of causing multiple health hazards. This has led to people avoiding the adoption of products that use them. For an alternative, there are thermal sterilization techniques such as Ultra High Temperature (UHT) processing, which eliminates the use of preservatives. However, it requires pre-sterilized packaging solutions in the form of aseptic packaging, thus posing as a driver for the aseptic packaging market. Furthermore, multiple food preservatives, such as sodium nitrate and sodium nitrite, have also been linked to cancer, but are allowed in smaller quantities in many parts of the world. This has further increased the demand for the avoidance of any form of preservatives in foods and beverages and is snowballing the demand for other forms of treatment and aseptic packaging solutions for their packaging. However, the high initial investment is expected to restrain market growth opportunities during the forecast period.

The paper form of the packaging material holds a significant share in the global aseptic packaging market.

By packaging material, the aseptic packaging market is segmented as paper, plastic, glass, and metal. Paper will hold a significant share of the market and is also projected to grow at the fastest rate owing to the heavy government regulations regarding the promotion of renewable and sustainable packaging. Furthermore, the growing trend toward adoption of the renewable or easily disposable packaging materials is also projected to drive the demand for paper-based packaging. For instance, Australia has recently committed to creating 100% renewable, compostable and recyclable packaging by 2025, positively impacting the demand for paper-based aseptic packaging. Plastic and glass will also hold a substantial share in the market due to their various applications in multiple industry verticals such as food and beverage, pharmaceuticals and healthcare, cosmetics, and more. Metals are projected to hold a nominal share of the market and are also seen to grow at the slowest rate.

The bottling segment is anticipated to hold a significant share

By-products, the aseptic packaging market is segmented into bottles, cartons, boxes, bags, pouches, ampoules, syringes, vials, cans, and others. The Bottle holds a significant market share owing to the increasing demand for convenience and quality products coupled with the increasing urban population in developing countries. Also, aseptically filled bottles are easy to handle, resalable, and shock-resistant and are also a good way of standing out from the competition on the shelf with a new way of expanding the refrigerated milk and milk beverage market. Cartons and boxes are available in many different forms and they fulfill different purposes in the packaging industry. One of the benefits associated with aseptic packaging is that it makes the product shelf-stable under ambient conditions, and that's the reason that it’s considered the modern progressive packaging medium. Ampoules, syringes, and vials are widely used in the pharmaceutical and healthcare industries and are expected to grow at a significant rate as a result of increasing healthcare awareness and growing investment in the pharmaceutical sector during the forecast period.

Key developments

  • In April 2022, Elopak and GLS announced a joint venture named ‘GLS Elopak’. Both companies have 50% ownership in this newly formed joint venture. The newly formed joint venture will cater to fresh and aseptic packaging solutions in the beverage packaging segment. This collaboration between GLS and Elopak is built on the shared commitment to innovation and sustainability.
  • Amcor Plc., a leader in developing and producing responsible packaging expanded its capabilities for sterile packaging in Ireland. The expansion through investment in healthcare packaging faculty in Ireland was announced in April 2022. This expansion will enable the company to provide more efficient solutions to meet the healthcare packaging needs of its customers.

COVID-19 Impact on Aseptic Packaging Market

Globally, the manufacturing sector suffered due to the temporary shutdowns, which negatively impacted the aseptic packaging market at the beginning of the pandemic. Furthermore, the disruptions in the supply chain due to lockdowns intensified the negative impact on the manufacturing facilities. However, the major users of aseptic packaging such as the food and beverage industry, healthcare, and pharmaceuticals industry increased the demand for aseptic packaging during the pandemic. Further, the increased consumer awareness regarding sterilized packed food products and their benefits propelled the aseptic packaging market during the pandemic.

Aseptic Packaging Market Scope:

 

Report Metric Details
 Market Size Value in 2020  US$55.596 billion
 Market Size Value in 2027  US$99.097 billion
 Growth Rate  CAGR of 8.61% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Packaging material, Product, Application, And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered Greatview Aseptic Packaging, Tetra Laval, Amcor, Ecolean AB, Sealed Air Corporation, Jet Technologies, SIG, DS Smith, SCHOTT, Elopak
 Customization Scope  Free report customization with purchase

 

Segmentation:

  • By Packaging material
    • Paper
    • Plastic
    • Glass
    • Metal
  • By Product
    • Bottles
    • Cartons and Boxes
    • Bags
    • Pouches
    • Syringes
    • Vials & Ampoules
    • Cans
    • Others
  • By Application
    • Food
    • Beverage
    • Pharmaceutical and Healthcare
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • UAE
      • Saudi Arabia
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

Aseptic Packaging Market was valued at US$55.596 billion in 2020.
The aseptic packaging market is estimated to reach a market size of US$99.097 billion by 2027.
The global aseptic packaging market is estimated to grow at a CAGR of 8.61% over the forecast period.
The growing food and beverage industry, coupled with a shifting trend toward food and beverages without preservatives, is expected to be the prime driver for the aseptic packaging market growth.
The aseptic packaging market has been segmented by packaging material, product, application, and geography.

1. Introduction

1.1. Market Introduction

1.2. COVID-19 Scenario

1.3. Market Definition

1.4. Market Segmentation

 

2. Research Methodology

2.1. Research Data

2.2. Assumptions

 

3. Executive Summary

3.1. Research Highlights

 

4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

 

5. Aseptic Packaging Market Analysis, By Packaging Material

5.1. Paper

5.2. Plastic

5.3. Glass

5.4. Metal

 

6. Aseptic Packaging Market Analysis, By Product

6.1. Bottles

6.2. Cartons and Boxes

6.3. Bags

6.4. Pouches

6.5. Syringes

6.6. Vials & Ampoules

6.7. Cans

6.8. Others

 

7. Aseptic Packaging Market Analysis, By Application

7.1. Food 

7.2. Beverage 

7.3. Pharmaceutical and Healthcare 

7.4. Others

 

8. Aseptic Packaging Market Analysis, By Geography

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America 

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe 

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa 

8.5.1. UAE

8.5.2. Saudi Arabia

8.5.3. Others

8.6. Asia Pacific 

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Others

 

9. Competitive Environment and Analysis

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

 

10. Company Profiles

10.1. Greatview Aseptic Packaging

10.2. Tetra Laval Group

10.3. Amcor

10.4. Ecolean AB

10.5. Sealed Air Corporation

10.6. Jet Technologies

10.7. SIG 

10.8. DS Smith

10.9. SCHOTT

10.10. Elopak


Greatview Aseptic Packaging

Tetra Laval

Amcor

Ecolean AB

Sealed Air Corporation

Jet Technologies

SIG

DS Smith

SCHOTT

Elopak