According to a new market report by Lucintel, the future of the aseptic packaging market looks promising with opportunities in the pharmaceutical, food, and beverage industries. The aseptic packaging market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are increasing urbanization and growing demand for ready–to-eat food products.
In this market, plastics, glass & wood and metal, paper, & paperboard are the major material type of the aseptic packaging market. Within the aseptic packaging market, pharmaceutical, food, and beverage are the major end use industries.
Asia Pacific is expected to remain the largest market over the forecast period due to increasing demand for aseptic packaging in China and India, coupled with the growing food and beverage industries in these countries.
DuPont, Tetra Pak International SA, Reynolds Group Holdings Limited, Amcor Limited, Becton, Bemis Company, Inc., Greatview Aseptic Packaging Co., Ltd., Fujimori Kogyo, Bosch (Robert) GmbH, and Schott AG are among the major manufacturers of aseptic packaging.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the aseptic packaging market by end use industry, material, type, and region. Lucintel has prepared a comprehensive research report entitled " Aseptic Packaging Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the aseptic packaging market by end use industry, material, packaging type, and region as follows:
By Packaging Type [$M shipment analysis for 2013 – 2024]:
• Cartons
• Bottles & Cans
• Bags & Pouches
By Material [$M shipment analysis for 2013 – 2024]:
• Plastics
• Glass & Wood
• Metal, Paper, & Paperboard
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Pharmaceutical
• Food
• Beverage
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
• Asia-Pacific
o China
o Japan
o India
o South Korea
• ROW
o Middle East & Africa
o South America
More than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link …[email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1.What are some of the most promising potential, high-growth opportunities for the aseptic packaging market by packaging type (cartons, bottles & cans, and bags & pouches), material (plastics, glass & wood, and metal, paper, & paperboard), end use industry (pharmaceutical, food, and beverage), and region (North America, Europe, Asia-Pacific, and ROW)?
Q.2.Which segments will grow at a faster pace and why?
Q.3.Which regions will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges of the aseptic packaging market?
Q.5.What are the business risks and threats to the aseptic packaging market?
Q.6 What are emerging trends in this aseptic packaging market and the reasons behind them?
Q.7.What are some changing demands of customers in the aseptic packaging market?
Q.8.What are the new developments in the aseptic packaging market? Which companies are leading these developments?
Q.9.Who are the major players in this aseptic packaging market? What strategic initiatives are being implemented by key players for business growth?
Q.10.What are some of the competitive products and processes in this aseptic packaging market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11.What M & A activities took place in the last five years in this aseptic packaging market?