The process of sterilizing products like pharmaceuticals, food & beverages, etc., individually, and then packing these items for longer shelf life and freshness is called Aseptic Packaging. These contents then are supplied in the packaging container following the aseptic provisions. This Aseptic Packaging requires being out at high temperatures to sustain the products with freshness.
According to the MarkNtel Advisors’ research report, “Global Aseptic Packaging Market Analysis, 2021”, the market is likely to grow at a CAGR of around 10.2% during 2021-26. The main factors behind the rise are the rapid increase of the industries like pharmaceuticals, food & beverages, in massive economies such as India, China, South Africa, and Brazil, is foreseen towards the industry development in the forecast period.
|Study Period||Historical Data: 2016-19|
|Base Year: 2020|
|Forecast Period: 2021-26|
|Regions Covered||North America: USA, Canada, Mexico|
|Europe: Germany, UK, France, Italy, Spain, Switzerland, The Netherlands|
|Asia-Pacific: China, India, Japan, South Korea, Australia and Others|
|South America: Brazil, and Argentina|
|Middle East & Africa: UAE, Saudi Arabia, South Africa|
|Key Companies Profiled||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.|
|Unit Denominations||USD Million/Billion|
Impact of Covid-19
The outbreak of the COVID-19 pandemic has brought new challenges to various industries throughout the globe. However, it fueled the Global Aseptic Packaging Market growth. With the imposition of lockdown, there has been a paradigm shift of customers toward online shopping through various e-commerce platforms, especially for daily essentials. Furthermore, the increasing concerns regarding food sanitation due to the pandemic have also boomed the demand for aseptic packaging owing to its easy-to-dispose packaging.