Bharat Book Bureau Provides the Treding Market Research Report on "Global Aseptic Packaging Market 2021-2028" under Chemical & Materials Category. The report offers a collection of superior market researach, market analysis, competitive intelligence and Market reports.

MARKET OUTLOOK

According to Research’s report, the Global Market For Aseptic Packaging is likely to prosper at a CAGR of 9.24% through the projected period 2021-2028.

The market for aseptic packaging is primarily motivated by factors such as enhanced recycling rates, growing demand for products with extended shelf life, and rising demand for processed food. Globally, consumers are demanding products having a longer shelf life, along with easy usage. This has compelled companies to develop alternate packaging solutions, which are cost-effective and protect the products from deteriorating.

However, the volatile cost of raw materials and complications faced during manufacturing are negatively impacting the development of the aseptic packaging market.

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REGIONAL OUTLOOK

The global aseptic packaging market comprises the Asia-Pacific, North America, Latin America, Europe, and the Middle East and Africa regions.

The Asia-Pacific is likely to observe the fastest growth rate in the aseptic packaging market over the estimated years. The region’s market is primarily driven by countries like China, India, South Korea, Indonesia, and others. The increase in disposable income, urbanization, and rise in demand for F&B products due to growing populations, are majorly encouraging the adoption of aseptic packaging across the region.

Furthermore, there is substantial growth in the Chinese beverage industry over the past few years. This growth in the food and beverage industry is likely to augment the demand for aseptic packaging, thereby fueling the aseptic packaging market in the Asia-Pacific region.

COMPETITIVE OUTLOOK

The companies that have gained popularity in the aseptic packaging market include Uflex Limited, Stora Enso Oyj, Sonoco Products Company, SIG Combibloc Group AG, Smurfit Kappa Group Plc, Tetra Laval International SA, Reynold Group Holdings Plc, Mondi Plc, DS Smith Plc, Elopak AS, Bemis Company Inc, Amcor Plc, Schott AG, and Sealed Air Corporation.

Mondi Plc is a global paper and packaging company supplying pulp, packaging paper, and paper products. It primarily manufactures consumer packaging products, uncoated fine paper, and specialty products, including release liner. The company’s products are used for applications in multiple industries, such as automotive, hygiene, chemicals, and agriculture. Its product portfolio includes various types of cartons, including aseptic carton packaging. It has operations globally, with headquarters based out in Addlestone, the United Kingdom.



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