The global aseptic packaging market will increase by 105 thousand metric tons between 2017-2022, reaching almost 1,577 thousand metric tons in market size by the end of the forecast period. We forecast global aseptic packaging market growth to accelerate at a CAGR of over 10% during the forecast period owing to numerous factors such as the increased need to enhance product shelf-life and preserve the quality of food products without the use of preservatives.
Geographically, the Asia-Pacific (APAC) dominates the regional aseptic packaging market share and will continue to do so through 2021. APAC's market dominance is attributed to the fact that major foreign investment banking companies are funding the operations of homebred corporations in APAC countries. Despite APAC's stranglehold on the market, the aseptic packaging market in Europe is also poised for strong growth over the next few years. The year-over-year growth rate in 2017 for the European aseptic packaging market was over 10% and between 2016-2021, the size of the market is expected to increase more than USD 12 billion. Other insights provided within our aseptic packaging market reports include:
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Within our aseptic packaging industry research, we provide deep insights into the aseptic packaging market landscape, its segments, and their market share. Our aseptic packaging market segmentation research offerings include:
In addition to our analysis of the types of aseptic packaging, our research portfolio also offers detailed insights into the several raw materials used in the aseptic packaging market:
We at Technavio, with our comprehensive understanding of the aseptic packaging market, have been monitoring the latest industry trends and developments to create an in-depth portfolio of aseptic packaging market reports. These reports help our clients identify opportunities within the market and develop effective strategies to optimize their market positions. Our aseptic packaging market reports offer the following insights:
Technavio’s coverage of the aseptic packaging market is part of our packaging report catalog. We also provide detailed coverage of related reports such as the global pharmaceutical packaging market, global on-the-go packaging market and more.