- Widespread preference of aseptic paper packaging materials in packing beverages, flavoured milk, and juices reinforcing revenue potential; Ultra heat treatment of milk presents massive promising opportunity to companies in aseptic paper packaging market
- Advances in food preservation techniques and inclination toward recyclable packaging solutions catalyzing market expansion; Asia Pacific and Europe are lucrative markets
ALBANY, N.Y., June 29, 2022 /PRNewswire/ -- The aseptic paper packaging market size is projected to reach US$ 16.8 Bn by 2032, pivoting on the massive demand for sterile packaging for food and beverages industry. Several food products are packaged with aseptic paper to improve their shelf-life notably of milk, juices, and dairy products. The global aseptic paper packaging market is projected to witness steady uptake from rise in demand for convenience food products with increased shelf-life.
Stakeholders in the aseptic packaging industry harp on the benefits of recyclability, product quality, and sustainability to galvanize customer demand. Beverage manufacturers in particular are widely adopting aseptic paper cartons, offering packaging material suppliers massive profitable avenue. In recent years, aseptic packaging companies have unveiled new techniques and processes in sterilization to expand revenue streams in aseptic paper packaging market.
Aseptic paper packaging is also emerging as a popular sustainable packaging material for brands in end-use industries in that it helps in reducing waste of perishable products. Of note, newer products in aseptic paper packaging market are gaining popularity among food & beverage manufacturers to reduce their environmental footprint. Growing number of aseptic paper manufacturers are attracted toward the benefits of reduced energy use and transportation costs.
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Key Findings of Aseptic Paper Packaging Market Study
- Advancements in Sterilization Processes Expand Canvas for Market Players: Packaging companies are leveraging advanced sterilization processes for increasing the shelf life of food products considerably. A variety of food products need packaging that will ensure long shelf-life without refrigeration. The widespread use in UHT (Ultra Heat Treatment) milk and several of the dairy and beverages products has steered the revenue growth for players in the aseptic paper packaging market.
- Eco-friendly and Recyclable Smart Packaging Products Underpin Abundant Opportunities: Aseptic paper packaging market is expected to witness incredible opportunities from the worldwide emphasis on adopting sustainable packaging products. Brands are keen on promoting eco-friendly and recyclable packaging materials to boost the sustainability credentials of both the packaging companies as well as businesses in end-use industries.
- Preference of Convenience Food Products Results in Uptick in Demand: The changing consumer taste and preferences have spurred the demand for convenience food. Ready-to-consume beverage products have catalyzed the prospects for aseptic packaging. Especially for liquid food products, the study on the aseptic paper packaging market has found a massive demand, which will open up some new revenue streams in the coming years.
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Aseptic Paper Packaging Market: Key Drivers
- Globally packaging companies and brands in end-use industries are increasingly leaning toward adopting sustainable packaging and eco-friendly materials. This is a key driving force for expansion of avenues for companies in the aseptic paper packaging market.
- Rise in consumption of convenience, ready-to-eat food products is a key driver of advancements in sterilization processes. This is also boosting the aseptic paper packaging market prospects.
Aseptic Paper Packaging Market: Regional Growth Dynamics
- The authors of the TMR study estimate that Asia Pacific is estimated to hold a major share of the global aseptic paper packaging market by 2022. Abundant uptake of the packaging types for dairy products and rising consumption of these food products have created the revenue streams.
- Europe has emerged as another lucrative market. In recent times, due to rise in online retailing of food products in the region, there have been incredible opportunities for companies in the aseptic paper packaging market.
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Aseptic Paper Packaging Market: Key Players
Some of the prominent players in the aseptic paper packaging market are Lami Packaging (Kunshan) Co., Ltd., Greatview Aseptic Packaging Co., Ltd., Evergreen Packaging Inc., UFlex Limited, IPI s.r.l., Mondi Plc, SIG Combibloc Group AG, Nippon Paper Industries Co., Ltd., Refresco Group B.V., and Tetra Pak International SA.
Aseptic Paper Packaging Market Segmentation
- Paper Type
- Bleached Paperboard
- Coated Unbleached Kraft Paperboard
- Thickness
- Less than 240µm
- 240 to 260µm
- 260 to 280µm
- More than 280µm
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- Packaging Structure
- 3 Layer
- 4 Layer
- 6 Layer
- Others
- Packaging Type
- Flat Top Cartons
- Gable Top Cartons
- Others
- End Use
- Dairy Products
- Milk
- Yogurt & Butter Milk
- Beverages
- Fruit Juice
- Carbonated Soft Drinks
- Alcoholic Beverages
Regions Covered
- North America
- Europe
- Asia Pacific
- Rest of the World
Countries Covered
- U.S.
- Canada
- Germany
- U.K.
- France
- Italy
- Spain
- China
- India
- Japan
- Australia & New Zealand
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