Deerfield Beach, FL, July 25, 2016 (GLOBE NEWSWIRE) -- Zion Research has published a new report titled “Aseptic Packaging (Bags & Pouches, Cartons, Vials & Ampoules, Pre-filled Syringes and Bottles & Cans) Market by Materials Used (Glass, Plastic, Paperboard and Metal) for Pharmaceutical, Food, Medical Applications, Beverages and other applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”. According to the report, global demand for aseptic packaging market was valued at over USD 38.25 billion in 2015 and is expected to reach above USD 67.47 Billion in 2021, growing at a CAGR of above 10.1% between 2016 and 2021.
Aseptic packaging market can be defined as the packing the products into the sterile packs under the aseptic conditions and instantly sealing the products to prevent contamination. The product can be either sterilized or pre sterile. Aseptic packaging is mainly used for juices, dessert, drugs, puddings, dairy products, chemicals etc. The air present inside the packs are removed completely using vacuum machines as air can cause oxidation reactions which can lead to the spoilage of food.
Browse 46 Market Tables and 28 Figures spread through 110 Pages and an in-depth TOC on "Aseptic packaging Market - Global Size, Shares, Trends, Segment & Forecast to 2020”
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Aseptic packaging market is driven by expanding dairy industry in the Asia Pacific and Brazil. As dairy products are prone to spoilage, and posses low shelf life, highly aseptic environment is required to maintain. Growing demand from the pharmaceutical sector stimulates the growth of aseptic packaging market. Surging beverage industry in the developing countries results in increase demand for aseptic packaging triggers the demand for the market. However, high initial cost with low packaging equipments may impede the penetration of aseptic packaging market. Nonetheless, ongoing research for technological advancement and rising demand from the emerging economies is likely to open new avenue for the aseptic packaging market in the near future.
Asia Pacific is witnessing an unprecedented boom in recent times and is expected to gain traction in the forecast period. This mainly contributes to expanding beverage and diary industry along with rising disposable income with rapid industrialization. Increasing demand for beverages in India and China is likely to grow the market for beverage industry. Growing demand for processed and packed food in India and China surges the aseptic packaging market in these regions. Increasing dual income and rising attraction towards the junk and fast food stimulates the growth of market. Presence of major players in food and beverage industries along with growing pharmaceutical sector bolsters the growth of aseptic packaging in Asia Pacific.
Browse the full "Aseptic Packaging (Bags & Pouches, Cartons, Vials & Ampoules, Pre-filled Syringes and Bottles & Cans) Market by Materials Used (Glass, Plastic, Paperboard and Metal) for Pharmaceutical, Food, Medical Applications, Beverages and other applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at http://www.marketresearchstore.com/report/aseptic-packaging-market-z67404
North America exhibit high growth in aseptic packaging owing to increasing pharmaceutical sector in U.S. North America dominated the beverage market in 2015 due to high consumption of alcoholic beverage. This factor is expected to trigger the growth for aseptic packaging market. Increase in demand for packed food due to reluctance from the consumers for cooking fresh food on daily basis.
Europe is expected to grow at the faster pace due to stringent packaging regulations led by the government for aseptic packaging. Rise in demand for the processed food from consumers owing to increasing disposable income further support the market growth. High demand from the beverage industry for aseptic packaging is likely to uphold the growth of aseptic packaging in Europe.
Latin America is anticipated to experience sustainable growth for the aseptic packaging market. Factors attributing to the growth are escalating dairy industry in Brazil and rising living standards coupled with increasing demand for packed food in these regions. Middle East and Africa is projected to witness robust growth in the coming years due to radical transformation in living standards. For sustaining longer shelf life to the packed food aseptic packaging is done. This factor fuels the growth for aseptic packaging in this region.
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Dickinson & Company, Robert Bosch GmBH, Ecolean Packaging, Schott AG, Parish Manufacturing, Greatview Aseptic Packaging Co Ltd., Becton, Printpack, Tetra Laval, E.I. du Pont de Nemours and Company, Scholle Packaging, Amcor Limited and Reynolds Group Holdings among others are some of the key players in the aseptic packaging market.
This report segments the aseptic packaging market as follows:
Aseptic Packaging Market: Type Segment Analysis
- Bags & pouches
- Vials & ampoules
- Pre-filled syringes
- Bottles & cans
Aseptic Packaging Market: Material used Segment Analysis
Aseptic Packaging Market: Application Segment Analysis
- Medical applications
Aseptic Packaging Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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