About This Report

Aseptic Liquid Packaging Market, by Type (Bags and Pouches, Bottles & Cans, Cartons, and Others), by Application (Food & Beverages, Personal Care & Cosmetics, Pharmaceutical, Household Care, and Others), and by Region (North America, South America, Europe, Asia Pacific, The Middle East, and Africa) - Size, Share, COVID Impact Analysis, Growth, Outlook, and Opportunity Analysis, 2020 - 2028

Aseptic liquid packing is a technique used for preserving the freshness of liquids such juices, milk, soups, and sauces without the need of refrigeration or contaminants. To form a tightly sealed container, the liquid and the packing must first be sterilised separately and then combined in a sterile environment. Aseptic packaging's key advantages are a longer shelf life, lower shipping costs, and less reliance on refrigeration. The product can be kept at room temperature for a long time without going damaging as it is sterilised before it is packaged. This makes distribution more effective and lessens the need for costly and energy-intensive refrigeration.

In 2020, the Aseptic Liquid Packaging market was valued at US$ YY million, and it is anticipated to be around US$ YY million by 2027. Over the forecast period, the market is expected to grow at a CAGR of Y%.

Increasing demand for convenience and portability, and a rising demand for packaged food and beverages are the drivers, while a limited availability of raw materials is a restraint.

The demand for aseptic liquid packaging has been fuelled by the rising popularity of comfort and flexibility because it allows people to conveniently travel and consume goods without the need for refrigerator. For instance, Aseptic liquid packaging is frequently used for single-serve dairy products and juices that are convenient to drink on the way to work or school. Moreover, Aseptic liquid packaging extends the shelf life of products, which is becoming more and more crucial for producers that want minimise wastage and boost profitability.

Furthermore, Aseptic liquid packaging is becoming an attractive choice for producers who wish to offer consumers with secure and efficient products as the demand for packaged food and beverages increases globally. The current trend has particular significance in emerging nations, where customers are increasingly seeking packaged goods that are safe and efficient. For instance, as per Tetra Pak poll, 75% of customers around the world say that food safety is their primary priority when making food product purchases. According to the poll, 80% of customers think that aseptic packing keeps food goods secure and of high quality.

However, Production and pricing may be affected by the restricted supply of raw materials used in aseptic liquid packaging, such as laminates, adhesives, and resins. Manufacturers who depend on an uninterrupted supply of raw materials to maintain production levels may find this challenging. For instance, a recent scarcity of plastic resin brought on by a winter storm in Texas in 2021 has resulted in manufacturing delays and higher aseptic liquid packaging costs.

Bottles and cans segment is expected to account for significant market share by Type segment

The global Aseptic Liquid Packaging market is mainly classified by Type, and Application. Type is segmented into bags and pouches, bottles & cans, cartons, and others. Based on application, the market is divided into food & beverage, personal care & cosmetics, pharmaceutical, household care and others.
Bottles and cans dominate the type segment market due to the growing need for drinks from the dairy and juice packaging industries. For instance, Bottles and cans are the most popular packaging type for dairy products, with a major market share according to a survey by Tetra Pak, a top producer of aseptic liquid packaging solutions. Consumers favour aseptic packaging because of its practicality, security, and environmental advantages, according to the report. Aseptic packaging continues to be the preferred form of packaging for the juice industry, according to a Food Processing Technology article. Based on the report, bottles and cans are among the most frequently utilized type of aseptic packaging since they are economical as well as practical.

Interesting Facts of Aseptic Liquid Packaging Market

• The growing demand for aseptic liquid packaging materials to fill injection and infusion solutions for medical and veterinary applications will result in a positive market share for the pharmaceutical sector. Technologies for pharmaceutical aseptic packaging which are extremely efficient and trustworthy will encourage market growth during the coming time period.
• The increased demand for products without preservatives and extended shelf lives in North America contribute significantly to the market share. More rapid market expansion will be influenced by the pharmaceutical business. The biopharmaceuticals market is mostly concentrated in the United States.
• According to a recent article in Food Engineering Magazine, it is noted that aseptic liquid packaging is particularly appreciated for goods sold in remote or underdeveloped areas where refrigeration might not always be accessible. Manufacturers can decrease waste and boost profitability by increasing the shelf life of these products.

Asia Pacific holds the largest market share of the Aseptic Liquid Packaging industry

The largest aseptic liquid packaging market is in Asia-Pacific, where China and India are the two biggest market growth drivers. The rising middle-class population, rising disposable incomes, and rising popularity of packaged foods and drinks are all contributing causes for the market expansion. For instance, the market for aseptic liquid packaging in India is being propelled by the country's expanding consumption of packaged milk and yoghurt as well as fruit juices. The packaged fruit juice industry in India is anticipated to expand between 2020 and 2025, according to a report by India Brand Equity Foundation (IBEF). Similar trends can be seen in China, where a growing middle class and higher optional incomes have fuelled a rise in the popularity of packaged foods and drinks. According to a USDA estimate, China's retail sales of packaged foods and drinks hit $443 billion in 2020, an increase of 4.4% from the year before.

Global Aseptic Liquid Packaging Market key Players:

Some of the major competitors in the global Aseptic Liquid Packaging market include Amcor Limited, Elopak, IPI srl, Greatview Aseptic Liquid Packaging Co., Ltd., Uflex Ltd., Reynolds Group Holding, Sidel, Smurfit Kappa, Tetra Laval International S.A., and The DOW Chemical Company.

• The Aseptic Liquid Packaging industry is extremely competitive with aggressive market strategies of global and regional companies looking to strengthen market position through new product launches and facility expansions. The following are some recent market developments:
• Tetra Pak revealed the release of Tetra Pak® E3/Speed Hyper, a new aseptic packaging material in March 2021. Tetra Pak E3/Speed Hyper is intended to boost clients' manufacturing capacities by up to 30%.
• Bemis Company Inc., a significant player in the aseptic liquid packaging sector, was acquired by Amcor plc in December 2020. Amcor's position in the market is anticipated to be strengthened by this acquisition, which will also broaden its product line.
• SIG Combibloc introduced a new carton pack dubbed "SIGNATURE PACK" in November 2020. This carton pack is built entirely of renewable resources and is meant to have a reduced carbon footprint than conventional aseptic packaging materials.
• Elopak announced the launch of a new aseptic carton production line in its Guangzhou, China, facility in October 2020. The company's manufacturing capacity in the Asia-Pacific area is anticipated to expand with the addition of the new production line.

Frequently asked questions about global Aseptic Liquid Packaging market

Q: What is the current size of the global Aseptic Liquid Packaging market?
Ans: The Aseptic Liquid Packaging market was valued at YY Million US$ in 2020 and is projected to reach YY Million US$ by 2027, at a CAGR of YY% during the forecast period.

Q: What are the major opportunities in Aseptic Liquid Packaging industry?
Ans: Increasing demand for environmentally friendly packaging options, expanding aseptic packaging use in the pharmaceutical industry, and rising interest in flexible packaging formats are few of the key prospects in the aseptic liquid packaging market.

Q: What is major growth driving factor for Aseptic Liquid Packaging industry?
Ans: The primary development-promoting factor for the aseptic liquid packaging market is the increased demand for portable and convenient packaging, together with packaged food and beverage consumption, particularly in emerging regions.

Q: Which region is expected to have the largest share of the Aseptic Liquid Packaging market?
Ans: The aseptic liquid packaging market is anticipated to be dominated by the Asia-Pacific region.

Q: Which end-user segment will dominate the Aseptic Liquid Packaging market?
Ans: The aseptic liquid packaging market is anticipated to be dominated by the beverage industry, notably the dairy and juice packaging sector.