Global Aseptic Packaging Market – Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021
Sarasota, FL -- (SBWIRE) -- 01/05/2017 -- Global Aseptic Packaging (Bags & Pouches, Cartons, Vials & Ampoules, Pre-filled Syringes and Bottles & Cans) Market by Materials Used (Glass, Plastic, Paperboard and Metal) for Pharmaceutical, Food, Medical Applications, Beverages and other applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021.
The report covers forecast and analysis for the aseptic packaging market on a global and regional level. According to the report, global demand for aseptic packaging market was valued at over USD 38.25 billion in 2015, is expected to reach above USD 67.47 Billion in 2021 and is anticipated to grow at a CAGR of above 10.1% between 2016 and 2021. The study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period. Additionally, the report includes study of opportunities available in the aseptic packaging market on a global level.
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Aseptic packaging market is driven by expanding dairy industry in the Asia Pacific and Brazil. As dairy products are prone to spoilage, and posses low shelf life, highly aseptic environment is required to maintain. Growing demand from the pharmaceutical sector stimulates the growth of aseptic packaging market. Surging beverage industry in the developing countries results in increase demand for aseptic packaging triggers the demand for the market. However, high initial cost with low packaging equipments may impede the penetration of aseptic packaging market. Nonetheless, ongoing research for technological advancement and rising demand from the emerging economies is likely to open new avenue for the aseptic packaging market in the near future.
Based on type the aseptic packaging market can be segmented as bags & pouches, cartons, vials & ampoules, pre-filled syringes and bottles & cans. Bottle, cans, bags and pouches are the leading type segment due to easy handling, and availability with consumer preference towards cans and pouches. For the packaging, various materials are utilized some of those are glass, plastic, paperboard and metal. Mainly plastic and paperboard are used for packing of food and beverages. Increasing environmental concern the use of plastics and paper are restricted in some regions. Growing use of aseptic packaging in various end user industries is due to its numerous applications such as pharmaceutical, food, medical applications, beverages and other applications. Pharmaceutical is the dominating application segment owing to high aseptic conditions required for packaging of drugs and chemicals. Food and beverage emerged as the potential segment due to high demand for safe and healthy processed and packed food.
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Asia Pacific is considered to be the most prominent market for aseptic packaging owing to rising consumer preference for processed food. Factors such as growing beverage and dairy industry across India and China and increased spending capacity over fast and junk food contributes to the high growth of market. Escalating pharmaceutical sector in U.S. is expected to show sharp rise in aseptic packaging in North America. Europe is likely to witness faster growth in the estimated period due to stern rules led by European government over the packaging and high demand for packed food. Latin America is anticipated to show sustainable growth owing to expanding dairy industry in Brazil. Middle East and Africa is projected to experience decent growth over the period due to change in lifestyle and increasing demand for processed and packed food.
In order to give the users of this report a comprehensive view on the aseptic packaging market, we have included a detailed competitive scenario, strategic development and patent analysis and material portfolio of key vendors are included. To understand the competitive landscape in the market, an analysis of Porter's five forces model for the aseptic packaging market has also been included, strategic development along with patents analysis is included in this report. The study encompasses a market attractiveness analysis, whereintype segments are benchmarked based on their market size, growth rate and general attractiveness.
The aseptic packaging market can be segmented on the basis of types, materials used, applications and region. Types of aseptic packaging market are bags & pouches, cartons, vials & ampoules, pre-filled syringes and bottles & cans. Some of the materials used for packaging are glass, plastic, paperboard and metal. Aseptic packaging possess numerous applications that are used in the end user industries for several purpose are pharmaceutical, food, medical applications, beverages and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021.The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil.
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The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Dickinson & Company, Robert Bosch GmBH, Ecolean Packaging, Schott AG, Parish Manufacturing, Greatview Aseptic Packaging Co Ltd., Becton, Printpack, Tetra Laval, E.I. du Pont de Nemours and Company, Scholle Packaging, Amcor Limited and Reynolds Group Holdings among others.
This report segments the aseptic packaging market as follows:
Aseptic Packaging Market: Type Segment Analysis
Bags & pouches
Vials & ampoules
Bottles & cans
Aseptic Packaging Market: Material used Segment Analysis
Aseptic Packaging Market: Application Segment Analysis
Aseptic Packaging Market: Regional Segment Analysis
Middle East and Africa
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