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Aseptic packaging Market : New Revenue Pockets
Aseptic packaging refers to the filling of sterile containers with sterile food, beverage, or pharmaceutical products in a totally aseptic environment.The major purpose of aseptic packaging is to preserve the product from microorganisms and prolong its shelf-life. Since most of beverages are perishable in nature, considering the large volumes of products to be marketed, aseptic packaging is ideal for beverage packaging.Some key advantages of aseptic packaging are shelf-life extension, low cost of storage, among others. Aseptic packaging today is perceived as more of a value-addition process rather than a manufacturing process by manufacturers.
The key applications of aseptic packaging include food, beverage, and pharmaceutical packaging. The market for aseptic packaging is highly fragmented among its applications.The aseptic packaging industry is highly driven by government laws and regulations. The government in both,developed and developing nations, is equally concerned with the health and hygiene of the population. Therefore, manufacturers adopt aseptic packaging in order to enhance product safety and shelf-lifeofthe products.
The Asia-Pacific region presents tremendous opportunities for theaseptic packaging marketand its end-use applications.Factors such as rise in population levels and ascending disposable income levels position emerging economies to grow at a rapid pace. Another major factor that is propelling growth in this region is the climate in South-East Asian countries. Other emerging economies such as China, Brazil, and India exhibit rapid growth in this market.
The key companies operating in this market—Tetra Laval (Switzerland), Reynolds Group Holdings (New Zealand), Becton, Dickinson& Company (U.S.), Schott AG(Germany) and Robert Bosch GmBH (Germany)are focusing on investments and expansions to strengthen their foothold in the market. Through their organic growth strategies of investments and expansions and new product &technology launches and modifications, the companies are enhancing their penetration in the global market.
Aseptic Packaging Market By Type (Cartons, Bottles, Bags & Pouches, Prefilled Syringes, Vials & Ampoules), By Application (Food, Beverage,& Pharmaceutical) - Global Trends & Forecast To 2018
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