Aseptic Packaging Market Size, Share & Trends Analysis, By Packaging Type (Cartons, Bags and Pouches, Bottles and Cans, and Others), Material Type (Plastic, Paper and Paperboard, Glass, Aluminum, and Metal), End-Use (Food & Beverage, Pharmaceuticals, and Others), By Region, Forecast Period 2023 – 2030 (Updated Version Available)

Report ID - MRC_1236 | Pages - 265 | Category - Specialty Polymers

Key Market Overview:

Aseptic Packaging Market size was valued at USD 55.28 Billion in 2022, registering a CAGR growth of 8.6% during the forecast period (2023-2030), and the market is projected to be valued at USD 116.15 Billion by 2030.

Aseptic packaging is a type of packaging process that involves sterilizing both the product and the packaging material separately, then filling the sterile product into the sterile packaging material in a sterile environment. This is done to ensure that the product remains free from any microorganisms or pathogens that could cause spoilage or contamination. Aseptic packaging includes different types of packaging, such as cartons, bags, pouches, bottles, and cans, which are made from materials like plastic, paper and paperboard, glass, and metal. Furthermore, this packaging is used primarily for perishable products that need to be stored for extended periods, without the need for refrigeration. This includes food & beverages, pharmaceuticals, and other products that are sensitive to contamination and require a long shelf life.

Many companies aim to provide a differentiated packaging solution that stands out on retail shelves and meets the evolving needs and preferences of consumers. For instance, in November 2022, Tetra Pak introduced its first-ever Tetra Stelo Aseptic package in India in collaboration with The Minute Maid Juice Range of Coca-Cola. The new packaging solution features a sleek, slim shape with a distinctive sloping top and curved edges.

Geographically, North America is expected to be the fastest-growing region in the aseptic packaging market owing to the increasing demand for packaged food and beverages and growing awareness about food safety.

Market Dynamics:

Driver:

  • Consumers are concerned about the environmental impact of packaging waste which resulted in their inclination towards more sustainable packaging solutions such as aseptic packaging. Aseptic packaging is often made from renewable materials, can be recycled or reused, and are more environmentally-friendly alternative to traditional packaging materials such as glass and metal. This growing demand for sustainable packaging is driving the aseptic packaging market.
  • Aseptic packaging technology is widely used in the food & beverage industry, as well as in the pharmaceutical industry for packaging of sterile drugs and medical supplies. This is because aseptic packaging offers several benefits, such as a longer shelf life for the product, reduced transportation costs, and reduced environmental impact due to the elimination of refrigeration. All these above-mentioned factors drive the market growth.

Restraint:

  • Aseptic packaging requires strict control over the sterilization process and further, any deviation from the strict process requirements results in contamination and spoilage of the packaged products, which is very costly and time-consuming to rectify. Hence, the market growth is restricted by the complexity of the aseptic packaging process.
  • Aseptic packaging is not suitable for all types of products, as it requires liquid or semi-liquid products to be sterilized at high temperatures, which affects the quality of certain food & beverage products. This limits the scope of the market to certain types of products. Hence, the market growth of aseptic packaging is restricted.

Opportunities:

With the growing trend towards convenience and on-the-go products, there is an increasing demand for aseptic packaging solutions that can provide extended shelf life without the need for refrigeration. This presents a significant opportunity for manufacturers to develop new products and packaging formats to meet this demand.

Aseptic Packaging Report Coverage

Report Attributes Report Details
Study Timeline 2017-2030
Market Size in 2030 (USD Billion) 116.15 Billion
CAGR (2023-2030) 8.6%
By Packaging Type Cartons, Bags and Pouches, Bottles and Cans, and Others.
By Material Type Plastic, Paper and Paperboard, Glass, Aluminum, and Metal
By End-Use Food & Beverage, Pharmaceuticals, Cosmetics, Personal Care, and Others.
By Geography North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Players Syntegon Technology GmbH, Tetra Laval International, Amcor plc, SIG Combibloc Group AG, Elopak AS, Sealed Air Corporation, DS Smith Plc, Goglio S.p.A., Krones AG, and Liqui-Box Holdings, Inc.

Market Segmentation:

By Packaging Type

The packaging type segment is categorized into cartons, bags and pouches, bottles and cans, and others. In 2022, the cartons segment accounted for the highest market share due to factors such as eco-friendly, aseptic properties, lightweight, and cost-effectiveness. Furthermore, they offer longer shelf life and are available in various shapes and sizes. These above-mentioned factors increase their use in the packaging of liquid foods such as milk, juice, and other beverages. Hence, results in driving the growth of the segment.

However, the bags and pouches segment is expected to be the fastest-growing segment in the aseptic packaging market. This is due to the increasing demand for convenience and on-the-go products, which require packaging solutions that are lightweight, easy to transport, and have a longer shelf life. Bags and pouches are well-suited for these requirements, making them an attractive option for manufacturers looking to meet this growing demand.

By Material Type

The material type segment is divided into plastic, paper and paperboard, glass, aluminum, and metal. The paper and paperboard segment accounted for the highest share in the aseptic packaging market due to their eco-friendly nature, excellent barrier properties, lightweight, and cost-effectiveness. They are made from renewable resources, offer protection against microorganisms, and are easy to handle and transport. All these above-mentioned factors are contributing to the dominance of the segment.

However, the plastic segment is expected to be the fastest-growing segment in the market during the forecast period. This is due to the increasing demand for lightweight, flexible, and easy-to-handle packaging solutions that can be customized to meet different product and branding requirements. Further, plastics offer several advantages in terms of durability, cost-effectiveness, and convenience, making them a popular choice for manufacturers looking to cater to this increasing demand which is further expected to drive the segment growth.

By End-Use

The end-user segment is categorized into food & beverage, pharmaceuticals, cosmetics, personal care, and others. The food & beverage dominated the market with the highest market in 2022. This is due to the increasing demand for processed and packaged food products, which require aseptic packaging solutions to maintain their freshness and extend their shelf life. Further, aseptic packaging also ensures food safety by preventing contamination and maintaining the nutritional value of the food products. Thus, the segment generated maximum revenue in 2022.

Moreover, the pharmaceutical segment is expected to be the fastest-growing segment in the aseptic packaging market driven by the increasing demand for aseptic packaging solutions in the pharmaceutical industry to ensure drug safety and efficacy.

By Region

By region, the market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.  Asia Pacific accounted for the highest market share in 2022. This is due to the growing demand for processed and packaged food products in the region. Further, the expansion of the pharmaceutical industry and the increasing adoption of aseptic packaging by manufacturers is also contributing to the dominance of the region.

North America is expected to be the fastest-growing region in the aseptic packaging market during the forecast period. This is due to the increasing demand for convenience and packaged food products, coupled with the growing trend of sustainable packaging. Moreover, the presence of key market players in the region such as Tetra Pak Inc., Graphic Packaging International LLC, and International Paper Company are also expected to contribute to the growth of the market.

Aseptic Packaging Market Competitive Landscape:

The aseptic packaging market is highly competitive with numerous companies in the market. These companies have strong research and development capabilities and a strong presence in the market through their extensive product portfolios and distribution networks. These companies are focusing on product innovation and development, strategic partnerships, and acquisitions to gain a competitive edge in the market. The key players in the market include-

Recent Developments:

  • In February 2023, Karomi Technology, a provider of packaging artwork management solutions, launched a new product, MA One. MA One is an automated packaging artwork proofing solution that uses artificial intelligence and machine learning to help brands and packaging manufacturers streamline the packaging artwork proofing process.
  • In September 2022, Amcor plc announced an investment of up to USD 45.0 million in ePac Flexible Packaging. The investment is aim to increase Amcor’s minority shareholding in ePac, which specializes in short-run digitally-based flexible packaging.

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Aseptic Packaging Market Size, Share & Trends Analysis, By Packaging Type (Cartons, Bags and Pouches, Bottles and Cans, and Others), Material Type (Plastic, Paper and Paperboard, Glass, Aluminum, and Metal), End-Use (Food & Beverage, Pharmaceuticals, and Others), By Region, Forecast Period 2023 – 2030 (Updated Version Available)
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