Growth of the aseptic packaging market is majorly driven by urbanization in developing countries and increasing adoption of sustainable products.
PORTLAND, OR, UNITED STATES, September 22, 2021 /EINPresswire.com/ — The global aseptic packaging market is expected to be driven by growth in adoption of aseptic packaging in the beverage industry and rise in demand from healthcare industry. Key market players aim to discover new technologies and products to cater to growing customer demands. Business expansion and product launch are anticipated to allow them to enhance their product portfolios and enter into various regions.
The global aseptic packaging market size was valued at $15.4 billion in 2020, and is projected to reach $32.3 million by 2028, growing at a CAGR of 9.8% from 2021 to 2028.
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Emerging countries offer remunerative opportunities to the global aseptic packaging market players for development and expansion. For instance, in July 2019, Stora Enso in collaboration with EloPak developed a range of aseptic cartons and launched Pure-Pak. Pure-Pak is made from natural brown board wood fiber, which is a renewable material. Use of natural brown board wood fiber reduces carbon footprint during production and reduces weight of cartons.
Top 10 Leading Players
DS Smith Plc
Reynolds Group Holdings Limited
SIG Combibloc Group AG
Sonoco Products Company
Smurfit Kappa Group plc
Stora Enso Oyj
Tetra Laval International S.A.
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Key Market Segments
By Packaging Type
Bags & Pouches
Bottles & Cans
Paper & Paperboard
By End-User Industry
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