Aseptic Paper Packaging Market Opportunities to reach US,611.0Mn by 2025 End,

Posted by Kishor on March 27th, 2019

Globally, the aseptic paper packaging market has been segmented as bleached and coated unbleached paperboard, by paper type. Coated unbleached paperboard segment for aseptic paper packaging dominates the market, by paper type, with an estimated share of a little over 60% by value.

By thickness type, the global market has been segmented into less than 240um, 240 to 260um, 260 to 280um, more than 280um. 240 to 260um segment accounts for highest market share of 32.4%, in 2017 by value. More than 280um segment is expected to register a healthy CAGR of 5.6% over the forecast period. Less than 240 um segment and 260 to 280um segment cumulatively to account for a market share of over 40%, in 2017, by value.

By packaging structure type, the global market has been segmented into 3 layer, 4 layer, 6 layer and others. 6 layer segment is estimated to account for a market share of 35.7%, in 2017 by value. 3 layer segment is anticipated to register highest CAGR of 5.9% over the forecast period. 4 layers and others segment to cumulatively account for over 40% of the market share, in 2017.

By packaging type, the global market has been segmented into flat top, gable top and others. Flat top segment is estimated to account for majority of market share of little less than 50%, in 2017. Gable top segment is anticipated to register highest CAGR of 5.7% over the forecast period.

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Over the recent decades consumption of dairy has allowed several ancillary industry to flourish. Their demand for right packaging materials has tremendously increased the consumption of aseptic paper packaging in dairy products, thereby propelling the global market. The global market is also likely to be driven by the eco-friendly nature of these packaging materials. According to the research report, the global aseptic paper packaging market is expected to be worth US,611.0 mn by the end of 2025 from about US,894.8 mn in 2017. During the forecast years of 2017 and 2025, the global market is estimated to surge at a CAGR of 5.5%.

Dairy Products to be Key End Users of Aseptic Paper Packaging Materials

By end-use industry, the aseptic paper packaging market has been segmented into dairy products and beverages type. Dairy products has been further segmented into milk and yogurt. Milk sub-segment is anticipated to account for majority of market share of little less than 90%. Yogurt sub-segment is expected to register CAGR of 4.6% over the forecast period. Beverages type is further segmented into fruit juices, carbonated and alcoholic beverages. Fruit juice sub-segment is expected to account for a market share of over 80%, in 2017. Carbonated sub-segment is anticipated to register healthy of 5.0% over the forecast period.

Asia Pacific to Soar as Food and Beverages Industry Gains Momentum

The global aseptic paper packaging market has been segmented into five regions such as North America, Latin America, Europe, Asia Pacific region (APAC), and Middle East & Africa (MEA). The APAC region is projected to register the highest CAGR of 6.2%, over the forecast period as the food and beverages in dire need of packaging shows steady growth. The region represents the highest absolute opportunity of an estimated US,247.6 mn by the end of 2025. North America and Europe region cumulatively is expected to account approximately half of the market share over the next decade.

Key players in the global aseptic paper packaging market include Tetra Pak International S.A., Refresco Gerber N.V., Nippon Paper Industries Co., Ltd., Nampak Ltd., SIG Combibloc Obeikan (South Africa) (Pty) Ltd., Mondi Ltd., Polyoak Packaging Group (Pty) Ltd., Amcor Limited, 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, Lami Packaging Co. Ltd.