Aseptic Packaging Market Worth $32,301.4 Million by 2028 | Global Industry Analysis by AMR

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Aseptic Packaging Market by Packaging Type (Carton, Bags & Pouches, and Bottles & Cans), Material (Paper & Paperboard, Plastics, Metal, and Glass) and End-User Industry (Beverage and Food)

According to a recent report published by Allied Market Research, titled, “aseptic packaging market by packaging type, material, end-user industry and region: global opportunity analysis and industry forecast, 2021–2028,” the global aseptic packaging market size was valued at $15.4 billion in 2020, and is projected to reach $32.3 million by 2028, growing at a CAGR of 9.8% from 2021 to 2028.

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The global aseptic packaging market is expected to be driven by growth in adoption of aseptic packaging in the beverage industry and rise in demand from healthcare industry. Key market players aim to discover new technologies and products to cater to growing customer demands. Business expansion and product launch are anticipated to allow them to enhance their product portfolios and enter into various regions.

Emerging countries offer remunerative opportunities to the global aseptic packaging market players for development and expansion. For instance, in July 2019, Stora Enso in collaboration with EloPak developed a range of aseptic cartons and launched Pure-Pak. Pure-Pak is made from natural brown board wood fiber, which is a renewable material. Use of natural brown board wood fiber reduces carbon footprint during production and reduces weight of cartons.

Covid-19 Impact Analysis

In addition, outbreak of COVID-19 has led to halt in construction and manufacturing activities across the globe. Halt in logistics services has led to halt in the packaging industry, which, in turn, hindered the aseptic packaging market growth for a very small period. However, industries are gradually back on track and vaccine discovery has led to recovery of the aseptic packaging market by mid-2021.

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Key Players

The major players profiled in the aseptic packaging market include Amcor plc, DS Smith Plc, Mondi plc, Reynolds Group Holdings Limited, SIG Combibloc Group AG, Sonoco Products Company, Smurfit Kappa Group plc, Stora Enso Oyj, Tetra Laval International S.A., and UFlex Limited.

Key Benefits For Stakeholders

The report provides an extensive analysis of the current and emerging aseptic packaging market trends and dynamics.

In-depth aseptic packaging market analysis is conducted by estimations for the key segments between 2021 and 2028.

Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.

A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.

The aseptic packaging market forecast analysis from 2021 to 2028 is included in the report.

The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the market industry.

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Name: David Correa
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Organization: Allied Market Research
Address: 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States
Phone: 18007925285

Release ID: 89029602

Name: David Correa
Email: Send Email
Organization: Allied Market Research
Address: 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States