The aseptic packaging market size was valued at USD 53.77 billion in 2020. The market is projected to rise from USD 59.06 billion in 2021 to USD 121.96 billion by 2028 at a 10.9% CAGR during the forecast period 2021-2028. Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled, “Aseptic Packaging Market, 2021-2028.”

According to the analysis, aseptic packaging solutions will gain traction to prevent contamination across the end-use sectors, including food & beverage and pharmaceuticals. Some of the factors, such as thermal stability, chemical resistance and lower level of contamination, are likely to augur well for the business outlook.

Drivers and Restraints

Trend for Natural Food & Beverage Products to Bolster Industry Forecast

Millennials and the Gen Z population are slated to exhibit traction for organic and natural food products in the ensuing period. The palpable shift towards natural food & beverage products has prompted the development of quality packaging that can keep food fresh. Stakeholders expect the solution to boost shelf life, fostering the aseptic packaging market growth. Moreover, soaring demand for pharmaceutical drugs has fared well for leading companies vying to bolster their footfall.

Meanwhile, potential environmental impact, as well as the high cost of packaging, could impact the adoption of the packaging materials.

Regional Insights

Stakeholders Tap Asia Pacific Market to Gain Strategic Hold from Pharmaceutical Sector

Leading companies are likely to explore potential growth opportunities across China, Japan, Australia and India, largely due to the demand from the pharmaceutical sector. Burgeoning population across the emerging economies could provide promising opportunities in the ensuing period. Besides, the growing footprint of bread & confectionary and cosmetics will trigger investments across Asia Pacific.

The North America aseptic packaging market share will witness a commendable gain during the forecast period, partly attributed to investments in the healthcare sector. At the time when the demand for better healthcare has peaked in the U.S. and Canada, packaging technologies will continue to receive impetus.

Stakeholders predict the Europe market outlook to be strong on the back of soaring demand for alcoholic and non-alcohol beverages. In a bid to prevent contamination, end-users are likely to seek aseptic packaging materials. Advanced packaging solutions will be sought-after across the U.K., France and Germany in the ensuing period.

Information Source:

https://www.fortunebusinessinsights.com/aseptic-packaging-market-106589