Aseptic Packaging Market will have Net Revenues of 665 billion by 2022 MarketsandMarkets™ Report

The aseptic packaging market is growing rapidly in accordance with the growth in the packaging market, globally. Factors such as growth in demand for convenience and quality food products, growth in the dairy beverage market, and an increase in urban population have largely contributed to the growth of the aseptic packaging market. The aseptic packaging market is segmented on the basis of type, material, application, and region. It has experienced continuous progress with regard to acquisitions and mergers and expanding its geographical reach in the packaging industry. According to MarketsandMarkets, the global market for aseptic packaging, in terms of value, is projected to grow from USD 39.62 Billion in 2017 to reach USD 66.45 Billion by 2022, at a CAGR of 10.89%.

The cartons segment is estimated to account for the largest share in the aseptic packaging market by 2022. Increasing consumption of food & dairy products is expected to drive the segment growth. Cartons are made using polyethylene, aluminum foil, and paperboard. They are used widely for packaging a wide variety of liquid processed food such as juices, white & flavored milk, soups, sauces, broths, fruit toppings, syrups, and tomato purees.

The major players include companies such as Robert Bosch GmbH (Germany), E. I. du Pont de Nemours and Company (U.S.), Tetra Laval International S.A. (Switzerland), Reynolds Group Holdings Limited (New Zealand), Amcor Limited (Australia), Becton, Dickinson and Company (U.S.), Bemis Company, Inc. (U.S.), Greatview Aseptic Packaging Co., Ltd. (China), IMA S.P.A (Italy), and Schott AG (Germany).


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