South America Aseptic Packaging Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Material Type (Glass, Metal, Paperboard, Plastic) By Product-Type (Ampoules, Bags, Bottles, Boxes, Cans, Cartons, Pouches, Syringes, Vials, Others), By Application (Food And Beverage, Personal Care, Pharmaceuticals, Others), And By Country - Forecasts From 2022 To 2027

The South American aseptic packaging market is estimated to grow from US$3.669 billion in 2020 to US$5.814 billion by 2027, at a CAGR of 6.08% over the forecast period.

The Aseptic packaging market is witnessing steady growth due to the high demand for food and beverage imports witnessed by economies such as Argentina, Brazil, and Mexico. These countries are also recipients of maximum foreign direct investments that have further facilitated the sustenance of supply-side aspects of the food and beverage sector to meet the growing demand for exotic foods. This is also due to the fact that the population in these nations now has a high disposable income that has aided them to diversify their dietary patterns from traditional ones to exotic kinds.

Further, with the middle-income group gradually increasing, there is a steady increase in the aseptic packaging market. The other reason for the rise in demand for packaged food and beverage is because of the growing urbanization and gentrification of neighbourhoods. This gradual severance of local produce and the inclination towards convenience food due to the fast pace of life are resulting in an uptick in packaged food consumption.

Additionally, the inclination towards the consumption of functional beverages like fortified plant-based milk is driving the growth of aseptic packaging. Hence, the expansion of the aseptic packaging market in the region is being fueled by growing demand for packaged food and beverages.

Furthermore, in response to growing environmental concerns about single-use plastic products, which would otherwise cause environmental pollution and worsen an already dire situation in our environment, global governments are instituting policies that incentivize manufacturers and suppliers in various industries to use eco-friendly packaging. The packaging companies are leaving no stone unturned when it comes to upgrading their packaging products.

Additionally, the rise in consumer awareness about the health implications of using plastic will further create opportunities for aseptic packaging markets, whose products are mostly recyclable when collected properly. Concomitantly, the health-conscious consumers of today’s world are in pursuit of a certain reflection of their values in the products that they are going to eventually purchase.  Thus, this also poses a potential opportunity for the aseptic packaging market to capitalize on and add to envisaged growth, in the South American regions. Therefore, health consciousness, along with environmentally conscious efforts pose a significant opportunity for the aseptic market.

Thereafter, Brazil is one of the leading markets in the South American region with regard to personal care products, with leading brands available to consumers who are conscious about personal care.

Moreover, the increasing frequency of purchasing through online channels further drives the importance of personal care product packaging. To this end, the aseptic packaging market is estimated to witness significant growth during the forecast period. Despite the prevalence of spurious products, which do not adhere to any rules and regulations of packaging that may dampen the growth, the aseptic packaging market is still slated for healthy growth due to rising consumer awareness.

Further, the frequency of new product launches with regard to colour cosmetics, fragrances, and hair-care concentrates is going to augment the growth of the aseptic packaging market, during the forecast period. Thus, with the premium products segment gaining ground along with the exotic brands, the personal product category is poised to drive the aseptic packaging market.

Recent development and expansions

• SIG, a Swiss aseptic packaging supplier, collaborated with Frimesa, a Brazilian meat and dairy supplier, to launch the Americas' first combi style carton packaging in March 2022.
• SIG, a systems and solutions provider for aseptic packaging, began supplying advanced aseptic filling technology and packaging solutions to Brazilian dairy companies Shefa and Líder Alimentos in October 2020.
• Itambé Alimentos S/A, one of Brazil's largest dairy companies, expanded production capacity at the company's factory in Pará de Minas in the federal state of Minas Gerais in April 2020. Itambé has been using a filling machine from SIG Combibloc. Itambé's fourth SIG filling machine, a CFA 712 for filling combibloc-Small and combifit-Small, is aseptically packaging innovative milkshakes. This filling machine is capable of filling 12,000 carton packs per hour.
• Heineken invested BRS 865 million to expand its presence in Ponta Grossa in March 2020. This increased the demand for flash pasteurization or aseptic filters prior to the bottling or canning of alcoholic beverages.

COVID-19 impact on South America Aseptic Packaging Market

The market grew significantly as a result of the widespread adoption of COVID-19. Customers have shifted to online retail as a result of the pandemic, resulting in an increase in demand for essential food items. Furthermore, concerns about food hygiene as a result of Covid-19 did increase demand for aseptic packaging. Customers are expected to prefer better packaging in the coming years to protect themselves from such diseases, forcing vendors to consider sustainable aseptic packaging.

South America Aseptic Packaging Market Scope:

Market Segmentation:

• By Material-Type
  • Glass
  • Metal
  • Paperboard
  • Plastic
• By Product-Type
  • Ampoules
  • Bags
  • Bottles
  • Boxes
  • Cans
  • Cartons
  • Pouches
  • Syringes
  • Vials
  • Others
• By Application
  • Food and Beverage
  • Personal Care
  • Pharmaceuticals
  • Others
• By Country
  • Brazil
  • Argentina
  • Colombia
  • Others