Australia Aseptic Packaging Market Size, Share, Opportunities, And Trends By Packaging Material (Paper, Plastic, Glass, Metal, Wood), By Products (Bottles, Cartons And Boxes, Bags And Pouches, Cans, Others), And By Application (Food Packaging, Beverage Packaging, Pharmaceutical And Healthcare Packaging, Others) - Forecasts From 2024 To 2029

The Australian aseptic packaging market is expected to grow at a CAGR of 7.95%, reaching a market size of US$2,256.052 million in 2029 from US$1,527.369 million in 2024.

During the forecast period, the food industry in Australia is set to grow positively due to the increasing need for packed foods, including cake mixes, dairy products, fast foods, frozen meals, and ready-to-eat meals. Notably, this packaging category attracts busy consumers because it does not need cold storage. Further, due to the growth of the milk and dairy products industry, there has been a gradual increase in demand for packaged food products driven by urbanization, particularly in developing countries such as Australia. The momentum of the aseptic packaging market in Australia has been motivated by the milk and dairy products industry’s expansion.

Australia Aseptic Packaging Market Drivers:

• High demand from the pharmaceutical industry

Anticipated market expansion deterrence from strict government regulations on health and safety is also expected during this period. Strict packaging regulations by Food Standards Australia New Zealand (FSANZ) have led to a rise in the use of aseptic packaging in the beverage industry. Sustainable packaging is rising due to the increasing number of consumers aware of its advantages. The country is expected to witness profitable market opportunities due to the rise in product launches and the emergence of market players. For instance, Messel, a plant-based food and beverage company, introduced a line of liquid Stock in SIG's aseptic carton packs with distinctive full-barrier packaging material. Messel was the first business in Australia to accomplish this. Nevertheless, the high setup costs for aseptic packaging equipment will impede market expansion in the upcoming years.

• High demand for aseptic bottles

The bottle holds a significant market share due to the increasing demand for convenience and quality products and the increasing urban population in developing countries. Aseptically filled bottles are easy to handle, resalable, and shock-resistant. They are also a good way of standing out from the competition on the shelf with a new way of expanding the refrigerated milk and milk beverage market. Cartons and boxes are available in many forms and fulfil different purposes in the packaging industry. A key advantage of Australia's modern progressive packaging medium is that it improves the product's shelf-life at room temperature. This packaging medium has made the product environment-friendly.

• High demand for paper form of packaging material

By packaging material, the aseptic packaging market is segmented as paper, plastic, glass, and metal. The paper will hold a significant market share and is projected to grow fastest, owing to the heavy government regulations regarding promoting renewable and sustainable packaging. Furthermore, the growing trend toward adopting renewable or easily disposable packaging materials is projected to drive the demand for paper-based packaging. For instance, in 2025, Australia will create packaging that is entirely made from renewable materials, including paper, that can be thrown away, recycled, or converted into compost, and this decision will have a positive impact on the need for paper-based aseptic packing. Plastics and glass are also used in many industries, which will still hold significant market share. These substances perform different roles in the production of foodstuffs and drinks as well as drugs, healthcare goods, and beauty products, among others. Metals are projected to hold a nominal market share and are also seen to grow the slowest.

Australia Aseptic Packaging Market Restraint:

• High investment cost

The high investment needed for design and various production and distribution stages is holding back the market. Moreover, regional variances in plastic regulations complicate food and beverage product transportation. In addition, underdeveloped technology puts the market at further risk since it necessitates higher R&D and product development expenditures. Moreover, most of this packaging is composed of plastic, which negatively affects the environment by contaminating the soil and water. These factors' cumulative effect limits the market for this kind of packaging.

Australia Aseptic Packaging Market Developments:

• In April 2022, Massel introduced products in SIG's aseptic carton packs using SIGNATURE FULL BARRIER packaging material. This packaging features a mass-balance system that links the small amount of polymers used to certified, renewable materials derived from forests. In Australia, Massel's well-liked liquid plant-based stock line will employ the novel packaging material for the first time. Massel is steadfastly dedicated to enhancing the sustainability of its premium, all-natural products, which are manufactured in Australia.
• In February 2020, Bickford's Australia, one of Australia's oldest beverage brands, chose aseptic PET bottling with dry preform sterilization to handle sensitive beverages and carbonated soft drinks.
• In February 2020, Bickford launched a very flexible manufacturing line that could handle both still and sparkling products, as well as low—and high-acid product lines. The line had two distinct short bottlenecks and two distinct decoration options to cater to those potentials, grow their proportion, and broaden their portfolio.

Australia Aseptic Packaging Market Scope:

Australia Aseptic Packaging Key Market Segmentation:

The Australian aseptic packaging market is segmented and analyzed as below:

• By Packaging Material
  • Paper
  • Plastic
  • Glass
  • Metal
• By Product Type
  • Bottles
  • Cartons and Boxes
  • Bags
  • Pouches
  • Syringes
  • Vials & Ampoules
  • Cans
  • Others
• By Application
  • Food
  • Beverage
  • Pharmaceutical & Healthcare Packaging
  • 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. AUSTRALIA ASEPTIC PACKAGING MARKET BY PACKAGING MATERIAL

5.1. Introduction

5.2. Paper

5.3. Plastic

5.4. Glass

5.5. Metal

6. AUSTRALIA ASEPTIC PACKAGING MARKET BY PRODUCT TYPE

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. AUSTRALIA ASEPTIC PACKAGING MARKET BY APPLICATION

7.1. Introduction

7.2. Food

7.3. Beverage

7.4. Pharmaceutical & Healthcare Packaging

7.5. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Amcor Limited

9.2. Ecolean AB

9.3. Tetra Laval International S.A

9.4. Sealed Air Corporation

9.5. Jet Technologies

9.6. SIG Combibloc Group Holdings S.À R.L.

Amcor Limited

Ecolean AB

Tetra Laval International S.A

Sealed Air Corporation

Jet Technologies

SIG Combibloc Group Holdings S.À R.L.