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Aseptic Paper Packaging Market to Garner Growth 7% by 2030

Press release from the issuing company

According to Vision Research Report, the global aseptic paper packaging market is expected to garner growth at a CAGR of 7% during the forecast period 2021 to 2030. Aseptic paper packaging is essential for consumable products such as packaging of fruit juices, carbonated drinks, alcoholic drinks, milk, and yogurt. Aseptic paper packaging offers complete protection from water vapors and bacteria making it suitable for liquid products packaging applications.

Most of the liquid food products packaging manufacturers prefer aseptic paper packaging, owing to its high barrier properties and flawless print finish on the cartons further lifting up the growth of aseptic paper packaging market across the globe.

The market is estimated to be propelled by growing demand of aseptic cartons in the food & beverage industries, which has paved by robust use of sustainable packaging products.

Traditionally, liquid food goods are packaged using plastics derived from non-renewable resources and with high CO2 emissions. The reducing carbon emission is a global initiative, and strict regulations to reduce carbon content in the environment have been introduced by governments of various countries. This has inspired suppliers of packaging solutions to move from traditional packaging types to eco-friendly packaging items. Aseptic packaging cartons are made of recyclable and biodegradable materials. This is expected to increase the uptake of such cartons across various industries.

For instance, Elopak Inc., a prominent manufacturer of liquid packaging cartons that focuses on the adoption of a future-proof packaging strategy. The company insists on 100% renewability and replaces all of its fossil-based raw materials with biodegradable resources.

Increasing Consumption of Preservative-free Food and Beverages Amplifying growth Opportunities for Aseptic Paper Packaging

Preservatives are artificial or naturally occurring chemical compounds with special characteristics that stop the growth of microorganisms in foods or beverages. They are also used to add appeal to the packaged food or beverage such as flavor and color. These preservatives help increase the shelf life of various products through different reactions, acting as antioxidants or decreasing the rate of reaction. These work well in preserving the food. However, they can cause side effects upon consumption.

The elimination of packaging preservatives offers a good incentive for the demand for aseptic packaging. As aseptic carton packaging preserves food and beverage composition without introducing any preservatives, it is projected that the packaging technology would help the food & beverages industry reduce the use of preservatives in the packaging of different items.

Gradual Shift toward Alternate Packaging Solutions Adding Challenges for Aseptic Paper Packaging Market Growth

Plastic and glass packaging products are involved in almost all aspects of life, and it simplifies the transport of a diverse range of drink, food, and other goods. There is a significant potential for new applications of plastics that are anticipated to offer various benefits such as cost-effectiveness, lightweight, corrosion-resistance insulate, and high electrical and thermal ion properties. The easy availability of plastic as alternative and high costs for aseptic packaging cartons manufacturing are likely to restraint the market.

Glass is a proven and trusted material for food packaging. The manufacturing process of glass requires fewer natural resources and less energy than any other packaging materials. Furthermore, there is no possibility for harmful chemicals to leak from glass packaging into the food. It is 100% recyclable as well as reusable in nature, and cannot lose its quality and purity if recycled into a new one. Therefore, these alternative packaging formats are expected to restrain market growth of aseptic paper packaging to a certain extent.

Consumer Preference toward Hygienically Packed Convenience Food Creating Exponential Demand for Aseptic Paper Packaging

Aseptic paper packaging is one of the advanced technologies embraced in the Americas, Europe, and Asia. Due to limited cold storage facilities for dairy products and challenges in shipping cold products in these regions, aseptic paper packaging is gaining significant popularity in these markets. This packaging solution offers more convenience, which results in gaining instant popularity almost in all regions.

Aseptic packaging helps to ensure quality and taste of ready-to-drink products and prevents bacterial growth. Besides this, spill proof design of aseptic paper carton for child-friendly drinks, juices, and nutraceuticals luring busy parents due to ease of use and convenient storage option.

Furthermore, during COVID-19 pandemic, consumers are more conscious about health and hygiene maintenance. Therefore, more preference for aseptic and hygienic packaging among consumers is witnessed this year.

Aseptic paper packaging reduces chances of contamination and ensures maximum shelf life of the product. Attributing to this benefit, end users, especially food & beverages and pharmaceutical industries are having more traction for aseptic paper packaging.

Additionally, online food retail is expected to expand during the forecast period at a healthy CAGR of above 7%. Demand for packaged food affects customer desire to move to convenience food choices, which drives demand for packaging formats such as liquid packaging cartons. This, in turn, is estimated to drive the aseptic paper packaging market during the forecast period.

Large Millennial Population Emphasizing on More Customized Packaging Cartons
Millennial is a generation, which guide trends. Brands in the food & beverages industry must prepare for millennial behavior and attitude regarding the way they research and consume before making purchase decisions. They like to interact with brands that are open and maintain transparency by addressing environmental and socioeconomic issues. Brands not aligning to these values are likely to be quickly replaced, owing to competition in the market.

For instance, shaped carton is considered as a prominent tool for advertising and promoting the product. The differentiating factor of shaped cartons is considered as a tool to stand apart from their competitors and create brand awareness. Tetra Pak launched the Tetra Evero Aseptic—the world’s first aseptic carton bottle for milk. The package intended for white milk combines the easy handling and pouring of a bottle with environmental and cost advantages of a carton.

Besides this, companies are also focusing toward the development of twist cap by adopting a strategy of modifying the shape of the carton to provide easy handling and a closure option in order to maintain freshness of the product

This provides brand owners a lucrative opportunity to adopt new packaging solutions, especially customized for millennial population. This will help the brand create sustainable businesses taking them a long way by enhancing brand value, customer loyalty, and growing market share.

Key Findings
Most manufacturers prefer to use coated unbleached paper to manufacture aseptic paper packaging products due to sturdy nature. The segment is estimated to capture more than 3/5th of the market share by the end of 2025.

Based on packaging structure type, 6 layers aseptic paper packaging is largely preferred by packaging providers due to highly promising barrier properties compared to others

Among packaging types, flat top segment is anticipated to dominate the market during the forecast period. The segment is projected to hold around half of the global aseptic paper packaging market share by the end of forecast period.

As per VRR analysis, dairy products end usage are expected to dominate the aseptic paper packaging market. Therefore, by the end of 2030, the segment is anticipated to account for nearly 64% market share.

In terms of market share, Asia Pacific is a prominent region in the global aseptic paper packaging market. Expansion of food & beverage industry is the key factor for the rapid growth of the aseptic paper packaging market in the region.

Get this Full Research Study, Click [email protected] https://www.visionresearchreports.com/report/cart/37691  

Competition Landscape
The global aseptic paper packaging market is expected to witness conflicts among key players as many bulk manufacturers from China and India are trying to grab the pie of market. Aseptic paper packaging market includes many well-established market participants and numerous other local players, attributing to major revenue creation with the raising demand from beverages and dairy products. Some of the key players operating in the global aseptic paper packaging market are Tetra Pak International S.A., Refresco Gerber N.V., Nippon Paper Industries Co., Ltd., Nampak Ltd., SIG Combibloc Obeikan Ltd., Mondi Plc, Polyoak Packaging Group (Pty) Ltd., Amcor Plc, Elopak SA, IPI s.r.l., Uflex Ltd., Ducart Group, Weyerhaeuser Company, Evergreen Packaging Inc., Clearwater Paper Corporation, TidePak Aseptic Packaging Material Co. Ltd., Greatview Aseptic Packaging Co., Ltd., Gammagroup Industriegüter Handelsges. mbH, and Lami Packaging Co. Ltd.

The Tier structure is formulated on the basis of segmental revenue and market share of the company. As per Tier structure, Tetra Pak International S.A., SIG Combibloc Obeikan Ltd., and Refresco Gerber N.V. are the Tier 1 players in the aseptic paper packaging market. These players are focusing on the development of more flexible and versatile aseptic paper packaging solutions. Tier 2 players includes Amcor Plc, Mondi Plc, Nampak Ltd. and Elopak SA.

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