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Global Aseptic Packaging Market 2018-2023 - Analysis by Material (Paper, Plastic, Glass, and Metal), Product, End-User Industry, and Region - ResearchAndMarkets.com

May 17, 2018 GMT

DUBLIN--(BUSINESS WIRE)--May 17, 2018--The “Global Aseptic Packaging Market - Segmented by Material (Paper, Plastic, Glass, and Metal), Product, End-user Industry, and Region - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The aseptic packaging market was valued at USD 39.38 billion in 2017, and is expected to reach a value of USD 69.68 billion by 2023 at a CAGR of 9.56%, over the forecast period (2018-2023).

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Evolving consumer preference for packaged and processed food and increasing acceptance for various beverages are expected to drive the market, over the forecast period. Thus, the growing application of aseptic packaging in the food & beverage and dairy industries will positively impact the market, as it prevents the deterioration of products and increases their shelf life. This is primarily because of its excellent properties, such as resistance to physical and chemical deterioration, and resistance to high temperature.

Moreover, increasing demand for disposable instruments in the healthcare industry is expected to increase the demand for vials and pre-filled syringes and ampoules, which will positively affect the aseptic packaging market, over the projected time frame. Furthermore, shifting the focus toward processed and packaged food, increases the demand for cartons, propelling the growth of the market over the forecast period.

However, high research and development and high initial investment cost are expected to restrain the market growth, owing to the cost of installing new packaging equipment and innovative packaging technology.

Key Highlights

Key Developments in the Market

Companies Mentioned

Key Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Market Insights

4. Technology Snapshot

5. Global Aseptic Packaging Market Segmentation

6. Competitive Intelligence - Company Profiles

7. Investment Analysis

8. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/7qj8kh/global_aseptic?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180517006399/en/

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Related Topics:Glass,Plastic Packaging,Paper and Board Packaging,Metal Packaging

KEYWORD:

INDUSTRY KEYWORD: HEALTH MANUFACTURING PACKAGING MEDICAL SUPPLIES

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 05/17/2018 04:42 PM/DISC: 05/17/2018 04:41 PM

http://www.businesswire.com/news/home/20180517006399/en