Aseptic Packaging Market Worth $46,793.2 Million By 2018 - New Report by MarketsandMarkets
(PRWEB) May 07, 2014 -- The report "Aseptic Packaging Market By Type (Cartons, Bottles, Bags & Pouches, Prefilled Syringes, Vials & Ampoules), By Application (Food, Beverage,& Pharmaceutical) - Global Trends & Forecast To 2018", defines and segments the aseptic packaging market with an analysis and forecast of the market value of the types of aseptic packaging and its applications.
The report also identifies the driving and restraining factors for the global market with an analysis of trends, opportunities, winning imperatives, and challenges. The market is segmented and values are forecasted on the basis of 4 major regions: North America, Europe, Asia-Pacific (APAC), and Rest of the World (ROW).
Browse 123 market data tables and 39 figures spread through 287 pages and in-depth TOC on “Aseptic Packaging Market - Global Trends & Forecast To 2018”
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The aseptic packaging market was valued at $27,396.2 million in 2012 and is estimated to grow at a healthy CAGR. In 2012, the Asia-Pacific region led the global market with the largest share, followed by Europe, in terms of market value.
Aseptic packaging refers to the process of filling sterile products in sterile packages or containers in a completely aseptic (sterile) environment. It is a modernized packaging system with the help of which manufacturers expand their products’ shelf-life and supply customers with fresh food and beverages. The beverage segment, along with the flourishing pharmaceutical industry is driving the market of aseptic packaging as a whole. The process of aseptic packaging is looked upon as a value-addition process rather than a manufacturing process.
The aseptic packaging market benefits from numerous underlying global consumer trends. Trends like the growing pharmaceutical industry, consumer preference towards safer food, and the growing dairy market influence the overall market. The growth in the emerging economies is attributed to the health and wellness trend among the people that has driven them to switch to better-quality and readily-available food. The shopping habits of people have also changed with the growth in disposable income, which is also responsible for the rise in demand.
The Asia-Pacific market is expected to show a steady growth trend, mainly due to the emerging economies in the region and the climatic conditions in the South-East Asian countries. The recent R&D activities taking place in the field of aseptic packaging are triggering the market in East Europe. Asia-Pacific is estimated to grow at the highest CAGR during the period under review. The countries with the most potential for the aseptic packaging market are India, China, and Brazil. They are poised to exhibit the fastest growth.
The aseptic packaging market consists of various stakeholders, such as raw material producers, suppliers, ingredient processors, distributors, and end-use manufacturers such as food and beverage industries. The companies that currently enjoy a substantial market share are Tetra Laval (Switzerland), Reynolds Group Holdings (New Zealand), Becton, Dickinson & Company (U.S.), Schott AG (Germany) and Robert Bosch GmBH (Germany). The major players hold the largest market share in the total aseptic packaging market and are focusing on investments and expansions to garner bigger market shares.
The report also touches on various other important aspects of the market. It includes an analysis of the competitive landscape and SWOT analysis. In addition, 10 key players of this market have been profiled.
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