The Aseptic Packaging Market is projected to grow from USD 39.6 billion in 2017 to USD 66.5billion by 2022, at a CAGR of 10.89% during the forecast period. The aseptic packaging industry is witnessing high growth, owing to the rise in demand for ready-to-eat food products. Increased urbanization and growth of the packaging industry have led to an increase in demand for aseptic packaging, particularly in the emerging economies of Asia Pacific and South America.
The cartons segment is expected to be the largest segment by 2022. 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 E.I. du Pont de Nemours and Company (US), Robert Bosch GmbH (Germany), Tetra Laval International S.A. (Switzerland), Reynolds Group Holdings Limited (New Zealand), Amcor Limited (Australia), Becton, Dickinson and Company (US), Bemis Company, Inc. (US), Greatview Aseptic Packaging Co., Ltd. (China), IMA S.P.A (Italy), and Schott AG (Germany).
