The aseptic packaging market was estimated at USD 40.63 billion in 2017, and is estimated to grow at a CAGR of over 8% from 2018 to 2025. Aseptic packaging involves ensuring and filling the sterile product into a sterile container. The developing countries in Asia-Pacific such as China and India comprise of more than one third of the world’s population, which is rapidly demanding for aseptically packaged food and beverages. This factor acts as a major growth driver for the global aseptic packaging market.
The aseptic packaging market is segmented on the basis of material, type, and application. There are four major material types such as - plastic, paper & paperboard, glass & wood, and metal. On the basis of type, the market is segmented as, cartons, bottles & cans, bags & pouches, and others. On the basis of applications, the market is segmented as, food, beverages, pharmaceuticals, and others.
On the basis of material, plastic is estimated to hold the largest share, owing to the excellent visibility offered by the material. In addition, plastic material also provides safe and attractive packaging options.