Infinium Global Research recent report on the Aseptic Packaging Market (By Material (Paper & Paperboard, Glass, Metal, Plastic and Others); By Type (Cartons, Bottles & Cans, Bags & Pouches); By Application (Food and Beverage, and Pharmaceutical)): Global Industry Analysis, Trends, Size, Share and Forecasts up to 2028 provides a comprehensive outline of the factors responsible for the growth of the market. The global aseptic packaging market is projected to grow at a CAGR of About 10% over the forecast period of 2022-2028.
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Aseptic packaging is the process that refers to the sterilization of food packaging materials and food contact surfaces. It is the most common process used in various industries by different methods of sterilization including radiation methods, chemical methods, and thermal methods. The aseptic packaging process is widely used in food production, beverage manufacturing, and the pharmaceutical industry to prevent food items and medication from contamination. It is a specially designed procedure for manufacturing in which food or other contents are first sterilized outside the container, and later the contents are placed in containers in an aseptic environment. The aseptic packaging market is rapidly expanding as a result of rising demand for ready-to-eat food products in both developed and developing countries. Along with this, rising urbanization and development, as well as new packaging innovations, will drive the aseptic packaging market over the forecast period. New opportunities are expected to arise with the development in R&D of new cost-effective packaging materials and instruments.
Pharmaceutical to Dominate the Application Segment of the Aseptic Packaging Market
The pharmaceutical sub-segment is expected to dominate the material segment of the market. Aseptic packaging refers to practices or procedures that are carried out to prevent contamination from pathogens. It involves applying strict regulations to minimize the risk of infection. There is a vast use of aseptic packaging in the healthcare industry, workers use aseptic techniques in surgery rooms, clinics, and other healthcare practices. The pharmaceutical sector is expected to grow due to the expansion of the industry all over the world. The continuously increasing population with chronic disorders is the main reason behind the advancement of the pharmaceutical sector.
Additionally, heat-sensitive advanced implantable and infusion therapies and trends toward self-administration of injectable drugs for chronic conditions are providing high growth opportunities to the pharmaceutical segment in the aseptic packaging market. Thus, the pharmaceutical industry is the ultimate user of aseptic packaging, and the growing use of this process is expected to ensure a significant share of the pharmaceutical segment.
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Asia-pacific to Be the Dominant Region in the Aseptic Packaging Market
Asia-Pacific generated a significant share of revenue in the medical packaging market in 2021 and is expected to continue its dominance over the forecast years. India and China, two developing nations, are among the world's top producers of different food products, and the presence of top manufacturers of pharmaceutical products in the region propels the growth of the aseptic packaging market in the region. The Asia-Pacific region includes well-known exporters of pharmaceutical products, and North America and Europe receive pharmaceutical exports from the developing countries in the region, like India and China. The drug approval processes in North America and Europe are becoming more stringent, and this includes the packaging of the drugs. As a result, Asia-Pacific nations are moving toward more advanced and acceptable packaging to meet export standards.
Major Players Operating in the Aseptic Packaging Market are Focusing on Developing New Innovative Products
The development of new Aseptic Packaging solutions has evolved with the invention of new products. For instance, in March 2022, SIG Combibloc Inc. comes with a new innovation in the market, full barrier, aluminum-free aseptic carton pack solution (SIGNATURE EVO). It is available in the market for plain white dairy milk, SIGNATURE EVO usage extends to a wider portfolio of oxygen-sensitive products such as fruit juices, and flavored milk and plant-based beverages. Additionally, in the same year, Amcor Plc launched a 100% recyclable bottle for the Villavicencio water brand exclusively for the Argentinean market.
The major players in the market include Tetra Laval International S.A., E.I. du Pont de Nemours and Company, Amcor Limited, Schott AG, Robert Bosch GmbH, Reynolds Group Holdings Limited, Greatview Aseptic Packaging Co, Bemis Company, IMA S.P.A. Becton, Dickinson, and Others. Infinium Global Research recent report on the Global Aseptic Packaging Market is an encompassment of such recent developments in the global marketplace. The report delivers insights into the recent developments by leading players that have contributed to the growth of the market and also estimates the impact of recent developments on the global market.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of aseptic packaging.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2028.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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