NEW YORK, Oct. 21, 2022 (GLOBE NEWSWIRE) — Research Nester has published an in-depth market report on “Global market for aseptic packaging‘ for the forecast period, i.e. 2023 – 2033, which includes the following factors:
- Market growth over the forecast period
- Detailed regional summary
- market segmentation
- growth accelerator
- challenges
- Key market players and their detailed profiling
Worldwide aseptic packaging Market size:
It is estimated that the global aseptic packaging market will reach ~$35 billion in revenue by the end of 2033, growing at a CAGR of ~10% over the forecast period. Additionally, the market generated ~$16 billion in revenue in 2022. The growth of the market is attributed to the increasing demand for aseptic packaging for the prevention of infectious diseases. It has been established that nearly 1 million deaths are caused by antimicrobial resistance each year.
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Furthermore, trends in the global aseptic packaging market, including the rapidly growing demand for aseptic packaging in the pharmaceutical and chemical industries, are expected to favorably impact the market expansion over the forecast period. For example, it has been forecast that the global chemicals sector will generate total sales of around US$5 trillion by 2021. Increasing need for aseptic packaging to keep drugs effective for a long time is also expected to boost market expansion during the planned period.
Global Aseptic Packaging Market: The central theses
- The Asia-Pacific region accounts for the majority of sales
- Plastics segment dominates the sales chart
- The Food & Beverage sub-segment remains prominent in the Applications segment
Growing demand in the food and beverage industry and increasing investment in R&D to fuel market growth
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