Market Share of APAC Aseptic Packaging Industry
The Asia Pacific Aseptic Packaging Market is highly competitive as there are multiple vendors operating in the domestic and international markets. The market appears to be moderately concentrated, with the players adopting various strategies such as product innovation, mergers, and acquisitions, among others, primarily to expand their reach and stay competitive in the market. Some of the major players in the market are Schott AG, DS Smith Plc, Tetra Pak International, among others.
- August 2021- SIG announced the completion of the second production plant of aseptic packaging in china. The plant is expected to reach an annual production capacity of eight billion aseptic carton packs by 2024. Further, the plant includes printing, creasing, cutting, extrusion, and sealing capabilities to customize products according to preference.
- November 2021 - Greatview Aseptic Packaging Operations in china was fully certified by ASI for their Aluminium stewardship. This enables the company to attract more customers in the Asian region and grow in the market, attracting a lot of food and beverage vendors in the region.
APAC Aseptic Packaging Market Leaders
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Amcor plc
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Schott AG
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DS SMITH PLC
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Mondi PLC
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Tetra Pak International SA
*Disclaimer: Major Players sorted in no particular order
