Market Size of APAC Aseptic Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 30.22 Billion |
Market Size (2029) | USD 50.73 Billion |
CAGR (2024 - 2029) | 10.91 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
APAC Aseptic Packaging Market Analysis
The APAC Aseptic Packaging Market size is estimated at USD 30.22 billion in 2024, and is expected to reach USD 50.73 billion by 2029, growing at a CAGR of 10.91% during the forecast period (2024-2029).
The Asian region has been one of the leading markets for aseptic packaging products and equipment, owing to the dominance of local companies in the aseptic packaging industry. Although the market volumes have been static in most of the areas in the region, however, growing innovations are expected to expand the industrial applications.
- The rapidly increasing demand from the pharmaceutical industry and the food and beverage industry are some of the factors expected to drive the demand for aseptic packaging in the region.
- In the case of the food and beverage industry, sustainable packaging and longer shelf life are of great importance to the consumer. As a result, most of the food and beverage vendors operating in the region are inclining towards aseptic packaging, along with cost and environmental benefits in considerations, especially in terms of ambient shipping and storage.
- Also, as aseptic packaging supports packaging through recyclable cartons and eco-friendly pouches and bags that often target consumers that prefer small quantity packaging and make purchases more frequently, the demand for such products is considerably high in the region.
- In the case of the food industry, increasing smart and active packaging initiatives that provide both shelf-stability and after-sale advantages are expected to become packaging standards in the region, especially in Asia. Also, the expanding applications in liquid, low particulate, and pumpable foods that are often replacing metal cans and glass jars are anticipated to drive the demand for lightweight, flexible and paper-based variants of the aseptic packaging in the region.
- Owing to the spread of COVID-19, the market is expected to witness significant growth. Due to the pandemic, customers have shifted towards online retail as well as panic stocking, which led to an increased demand for essential food items such as milk, baby food, and vegetables.
- Moreover, the concerns regarding food hygiene due to Covid-19 have been increasing the demand for aseptic packaging. In the coming years, the customers are expected to prefer better packaging to prevent themselves from such diseases, which would compel the vendors to think on the lines of sustainable aseptic packaging.
APAC Aseptic Packaging Industry Segmentation
Aseptic packaging is a technique that is being used for the preservation of liquid and other particulate foods. The sterilization of food packaging materials and food contact surfaces is very crucial in the aseptic packaging system. In this process, the food is sterilized outside the primary container and then is placed in a previously sterilized container which is then sealed in an aseptic environment.
Packaging Material | |
Metal | |
Glass | |
Paper | |
Plastics | |
Others |
Packaging Type | |
Carton Boxes | |
Bags and Pouches | |
Cups and Trays | |
Bottles and Jars | |
Metal Cans | |
Plastic Cans | |
Composite Cans | |
Others |
Geography | |
China | |
India | |
South Korea | |
Japan | |
Rest of Asia Pacific |
End-User Industry | |
Food | |
Beverage | |
Pharmaceutical & Medical | |
Others |
APAC Aseptic Packaging Market Size Summary
The Asia Pacific Aseptic Packaging Market is poised for significant growth, driven by the increasing demand from the pharmaceutical and food and beverage industries. The region's market is characterized by the presence of dominant local companies and a shift towards sustainable packaging solutions that offer longer shelf life and environmental benefits. The food and beverage sector, in particular, is leaning towards aseptic packaging to meet consumer demands for convenience and freshness, while also reducing reliance on preservatives. This trend is further supported by the growing popularity of smart and active packaging initiatives, which enhance product stability and appeal. The COVID-19 pandemic has also accelerated the demand for aseptic packaging, as consumers prioritize hygiene and safety, leading to a surge in online retail and panic buying of essential food items.
In the pharmaceutical sector, the adoption of prefillable syringes and innovative packaging solutions is on the rise, driven by the need for convenient and efficient drug delivery methods. The increasing prevalence of chronic diseases, such as diabetes, is further fueling the demand for aseptic packaging in this industry. The market is moderately concentrated, with key players like Schott AG, DS Smith Plc, and Tetra Pak International actively engaging in product innovation and strategic expansions to enhance their market presence. Recent developments, such as the establishment of new production plants and capacity expansions, underscore the competitive landscape and the ongoing efforts to meet the rising demand for aseptic packaging solutions in the region.
APAC Aseptic Packaging Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Buyers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 Opportunities in the Asia Pacific Aseptic packaging market
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1.5 Assessment of COVID-19 impact on the industry
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1.6 Technology Snapshot
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2. MARKET SEGMENTATION
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2.1 Packaging Material
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2.1.1 Metal
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2.1.2 Glass
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2.1.3 Paper
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2.1.4 Plastics
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2.1.5 Others
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2.2 Packaging Type
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2.2.1 Carton Boxes
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2.2.2 Bags and Pouches
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2.2.3 Cups and Trays
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2.2.4 Bottles and Jars
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2.2.5 Metal Cans
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2.2.6 Plastic Cans
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2.2.7 Composite Cans
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2.2.8 Others
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2.3 Geography
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2.3.1 China
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2.3.2 India
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2.3.3 South Korea
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2.3.4 Japan
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2.3.5 Rest of Asia Pacific
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2.4 End-User Industry
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2.4.1 Food
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2.4.2 Beverage
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2.4.3 Pharmaceutical & Medical
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2.4.4 Others
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APAC Aseptic Packaging Market Size FAQs
How big is the APAC Aseptic Packaging Market?
The APAC Aseptic Packaging Market size is expected to reach USD 30.22 billion in 2024 and grow at a CAGR of 10.91% to reach USD 50.73 billion by 2029.
What is the current APAC Aseptic Packaging Market size?
In 2024, the APAC Aseptic Packaging Market size is expected to reach USD 30.22 billion.