Asia Pacific (APAC) Aseptic Packaging Market Size, Share, Opportunities, And Trends By Packaging Material (Paper, Plastic, Glass, Metal), By Product (Bottles, Cartons and Boxes, Bags, Pouches, Syringes, Vials & Ampoules, Cans, Others), By Application (Food, Beverage, Pharmaceutical and Healthcare, Others), And By Geography - Forecasts From 2024 To 2029

The Asia Pacific (APAC) aseptic packaging market is expected to grow at a CAGR of 10.27%, reaching a market size of US$65.933 billion in 2029 from US$40.171 billion in 2024.

The Asia Pacific aseptic packaging market is undergoing steady growth due to the high demand for food and beverage innovation and consumption witnessed by economies such as Japan, China, India, Australia, and South Korea. These nations are rapidly industrializing as well, and many established businesses, as well as startups, are choosing to locate their operations in these nations. This has further facilitated the sustenance of the food and beverage sector to meet the growing demand for exotic food and accommodate a variety of pallets and tastes.

This is also because most people in these nations now possess a high disposable income that is aiding them in diversifying their dietary patterns. In recent times, these incomes have been increasingly inclined to sample newer kinds of food and beverage production. Further, with the middle-income group gradually increasing, there is a steady increase in the Asia Pacific aseptic packaging market. Growing urbanization and gentrification of neighbourhoods are a few other factors contributing to the rise in demand for packaged food and beverages. Because of this steady alienation from local produce and the tendency toward convenience food brought on by a busy lifestyle, packaged food consumption is rising. In addition, the Asia Pacific aseptic packaging market’s growth is driven by the need to create plant-based dairy alternatives because a large lactose-intolerant community consumes them.

Asia Pacific Aseptic Packaging Market Drivers:

• Rising demand for packaged food and beverages

There have been negative environmental effects due to the prolonged use of one-time plastic in packaging. This has worsened the ecological balance of various nations of the APAC region. This has led to proactive efforts from the governments of these countries, leading to the legislation of policies that incentivize end-users to adopt eco-friendly means of packaging. To help with this, the major packaging companies are making significant investments in environmentally friendly packaging and are modernizing the Asia Pacific aseptic packaging product line. The rise in consumer awareness about health hazards caused by plastic usage is also orienting the producers and suppliers of Asia Pacific aseptic packaging to look toward more eco-friendly solutions.

• Health consciousness, along with environmentally conscious efforts, is projected to significantly provide an opportunity for the aseptic market

The healthcare industry is another area where Asia Pacific aseptic packaging also finds its application, especially regarding disposable instruments. The demand for ampoules, syringes, and vials is set to increase over the forecast period, so this market is also expected to be driven by the healthcare sector. This aids in sustaining the important properties of the various pharmaceutical products. The Asia Pacific aseptic packaging materials in these sectors guarantee resistance to high temperatures and physical and chemical deterioration. The temperatures that packaging of this sort can withstand are above hundred degrees Celsius. Thus, with the increasing concentration of pharmaceutical products in the APAC region, its aseptic packaging industry is set to witness high growth.

• Increasing demand for longer shelf-life

Products with longer shelf lives and simpler usage have been in high demand from consumers. As a result, businesses have been forced to create alternative packaging solutions. Packages with extended shelf lives are now essential for businesses hoping to grow their product lines while relying less on complex cold storage networks. The shelf life can be extended by shielding the products from potential deteriorators like oxygen, moisture, and microbes. Businesses require a cost-effective packaging solution to accomplish the same goals and safeguard their products. Additionally, a large lactose-intolerant population has necessitated the launch of various plant-based dairy alternatives that are driving the Asia Pacific aseptic packaging market’s growth. The prolonged use of single-use plastic for packaging has resulted in adverse environmental impacts

• The increased need for Asia Pacific aseptic packaging in the pharmaceutical sector

Refillable syringes fix the problems with parenteral drug delivery, such as inaccuracy, costliness, and impracticality for the patient, while maintaining sterility and safety. The growing number of diabetes patients and other long-term illnesses will fuel market needs for the next few years. Pharmaceutical companies are searching for novel techniques like pre-filled syringes, which are the rapidly increasing unit-dose drug delivery methods. Along with extending their product’s shelf life and reducing the wastage of the drugs produced, pharmaceutical enterprises also take care of drug waste among patients.

Asia Pacific Aseptic Packaging Market Restraint:

• High investment cost

The high investment needed for design and during various production and distribution stages is holding back the market. Transporting food and drink products is further complicated by regional variations in plastic regulations. Additionally, because of inadequate technology, it requires higher R&D and product development costs to keep the market safer. Furthermore, most packaging materials are plastic, which pollutes land and water.

Asia Pacific Aseptic Packaging Market Geographical Outlook

• China is expected to grow rapidly during the forecast period.

The penetration of online channels in countries like China drives the purchase of personal care products. To this end, the Asia Pacific aseptic packaging market is projected to grow significantly during the forecast period. Although some brands do not adhere to the packaging standards of the big names, the Asia Pacific aseptic packaging market will still witness good growth. It will not be subjected to the encroachment of such an unorganized market of spurious containers. Therefore, with premium home-grown brands along with exotic brands entering the APAC market, the personal product category is poised to drive the Asia Pacific aseptic packaging market.

Asia Pacific Aseptic Packaging Market Developments:

• In February 2023, India, the largest milk market and one of the world's leading juice-producing nations, was the site of SIG's first aseptic carton plant. The plant will be located in Gujarat's Ahmedabad. SIG is a top supplier of packaging solutions for a greener society.
• In November 2022, Minute Maid, the top nutrition brand owned by The Coca-Cola Company in India, now prefers Tetra Stelo® Aseptic, the newest addition to Tetra Pak's global packaging lineup. This is The Coca-Cola Company's first Tetra Stelo® Aseptic package ever, and Tetra Pak is introducing the package to the Asia Pacific market for the first time. The distinct new tall, rounded, seamless package is intended to make a noticeable difference in the market for the new, benefit-driven Minute Maid line, which includes the Vita Punch and Honey Infused varieties. WingCapTM 30, a one-step opening system with DIMC technology that guarantees a perfect grip and excellent pouring experience, is also included in the package.

Key Market Segmentation:

The Asia Pacific aseptic packaging market is segmented and analyzed as below:

• By Packaging Material
  • Paper
  • Plastic
  • Glass
  • Metal
• By Product
  • Bottles
  • Cartons and Boxes
  • Bags
  • Pouches
  • Syringes
  • Vials & Ampoules
  • Cans
  • Others
• By Application
  • Food
  • Beverage
  • Pharmaceutical and Healthcare
  • Others
• By Geography
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Thailand
  • Taiwan
  • Indonesia
  • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. ASIA PACIFIC ASEPTIC PACKAGING MARKET BY PACKAGING MATERIAL

5.1. Introduction

5.2. Paper

5.3. Plastic

5.4. Glass

5.5. Metal

6. ASIA PACIFIC ASEPTIC PACKAGING MARKET BY PRODUCT

6.1. Introduction

6.2. Bottles

6.3. Cartons and Boxes

6.4. Bags

6.5. Pouches

6.6. Syringes

6.7. Vials & Ampoules

6.8. Cans

6.9. Others

7. ASIA PACIFIC ASEPTIC PACKAGING MARKET BY APPLICATION

7.1. Introduction

7.2. Food

7.3. Beverage

7.4. Pharmaceutical and Healthcare

7.5. Others

8. ASIA PACIFIC ASEPTIC PACKAGING MARKET BY GEOGRAPHY

8.1. Introduction

8.2. Japan

8.3. China

8.4. India

8.5. Australia

8.6. South Korea

8.7. Thailand

8.8. Taiwan

8.9. Indonesia

8.10. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Amcor plc

10.2. Ecolean AB

10.3. Krones AG

10.4. Rank Group Limited (SIG)

10.5. Tetra Laval International S.A.

10.6. Sealed Air

10.7. Jet Technologies

Amcor plc

Ecolean AB

Krones AG

Rank Group Limited (SIG)

Tetra Laval International S.A.

Sealed Air

Jet Technologies