According to the MarkNtel Advisors in their research report, "Global Aseptic Packaging Market Analysis, 2021," the market is likely to grow at a CAGR of 10.2% during 2021-26. The main factors behind the rise are the rapidly increasing popularity of adopting such type of packaging. Aseptic packaging is a kind of thermal sterilization in which commercially purified food items get packed in a sterilized container, followed by tough sealing under an aseptic environment. Such types of packaging are highly effective for preserving F&V slices, tomato paste, and fruit juices.
Key questions answered in the study
Cartons are likely to estimate more than 35% of the global demand.
Based on packaging, Cartons are likely to estimate more than 35% of the product demand in the coming years throughout the globe. It shall endure significant market growth, owing to its efficient handling, attractive design, damage-free approach, and recyclability. Aseptic cartons manufacture principally using paperboard and thin layers of aluminum & plastic. The growth of dairy & dairy alternatives and the beverage industry owes its expansion to factors like the booming population and changing user dietary habits. Hence, the segment shall have a positive impact on the industry growth in the forecast period.
"Global Aseptic Packaging Market Analysis, 2021" provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Aseptic Packaging providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies to formulate 'Go to Market' strategies and identify the blue ocean for their offerings.
North America to Witness the Fastest Growth
The North American Aseptic Packaging Market is likely to witness the fastest market growth in the forecast period and is one of the significant markets for aseptic packaging globally. It majorly owes to the progressing demand from the various end-user industries, especially the pharmaceutical and the food & beverage industry, with cost & environmental benefits as well, when it comes to ambient shipping & storage. These shall propel the demand for aseptic packaging widely in the region during the forecast period. Therefore, based on these factors, North America is very likely to contribute to the overall market growth in the forecast period, states MarkNtel Advisors in their research report, "Global Aseptic Packaging Market Analysis, 2021."
According to MarkNtel Advisors, the major leading players in the Global Aseptic Packaging Market are Tetra Pak International S.A., Robert Bosch GmbH, Greatview Aseptic Packaging Co., Ltd., Reynolds Group Holdings Limited, Schott AG, SIG Combibloc Obeikan, and Agropur Inc.