Global Aseptic Packaging Market: Restricted Entry of New Vendors to Reflect Negatively on Market's Growth, Says TMR
With a clear dominance of Tetra Pak, the global market for aseptic packaging demonstrates a highly consolidated competitive landscape, finds a new study by Transparency Market Research (TMR). In 2015, Tetra Pak, alone, held a share of more than 65% in the overall market. The highly complex production process of aseptic packaging and the need for high initial investments has created an intense entry barrier for new players. However, companies looking to venture into this market can gain a foothold...
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