October 24, 2019
According to the latest study titled ‘Global Aseptic Carton Packaging Market: Analysis By Packaging Type (Standard, Slim, Square, Caliz), Opening Type (Twist, Clip, Straw Hole), End Users (Beverage, Food, Others), By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024), By Region (N. America, Europe, APAC, ROW), By Country (U.S., Canada, Germany, U.K., France, Spain, India, China, Japan, Australia)’ available with Market Study Report LLC, the global aseptic carton packaging market is projected to grow with a CAGR of 10% by the year 2024.
Aseptic carton packaging is an advanced packaging method allowing product distribution and storage for six to twelve months without refrigeration. This process involves sterilization of products to prolong their natural aroma and texture.
Factors that propel the growth of aseptic carton packaging industry are the increasing demand for heathy and nutritious food, coupled with burgeoning food and beverage sector. Furthermore, rapid urbanization, increasing working population, surging disposable income, hectic lifestyle, and rising demand for on-the-go meals are expected to drive the market growth through forecast period.
The study analyzes aseptic carton packaging market for sales patterns and revenue shares for each segment and manufacturer. It also provides a detailed synopsis of opportunities & challenges, drivers, and trends influencing the market growth.
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Based on packaging type, the aseptic carton packaging market is segmented into slim, standard or base shape, square, and caliz. While based on opening type, the industry is bifurcated into clip, strawhole, and twist. In terms of end users, the market is divided into food, beverages, and others.
Considering the geographical landscape, the global aseptic carton packaging market is fragmented into regions, namely, North America, Asia Pacific, Europe, and rest of world. Though, the countries studied in the report for market analysis are Germany, Canada, United States, France, U.K, Spain, Japan, India, China, and Australia. Europe dominated the aseptic carton packaging market in 2018, cites the report.
Some of the vendors that operate in the aseptic carton packaging market profiled in the study are WestRock, Amcor Ltd., Tetra Pak, SIG Combibloc Group AG, Mondi Group, Reynolds Group Holdings Limited, and Greatview.
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