North America Aseptic Packaging Market Size, Share, Opportunities, And Trends By Packaging Material (Paper, Plastic, Glass, Metal), By Products (Bottles, Cartons And Boxes, Bags, Pouches, Ampoules, Syringes, Vials, Cans, Others), By Application (Food Packaging, Beverage Packaging, Pharmaceutical And Healthcare Packaging, Others), And By Geography - Forecasts From 2025 To 2030

  • Published : Nov 2024
  • Report Code : KSI061610216
  • Pages : 92
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The North American aseptic packaging market is projected to grow at a CAGR of 6.38% during the forecast period.

The North American aseptic packaging market is expected to be significantly fuelled by the rapidly increasing healthcare and pharmaceuticals sector in the region. The market growth in the region is substantially impacted by the growth of the market in the United States. This is due to the rising number of chronic diseases in the region and moreover, with the emergence of the COVID-19 pandemic in the year 2020, the market witnessed an exponential rise during the year. High-income levels and improving the standard of living, along with the new trend of packaged and readymade foods is also boosting the demand for aseptic packaging solutions. However, rising concerns over environmental sustainability will hamper the market growth during the forecast period. 

The rising awareness about aseptic packaging in several industries has given rise to several applications. The demand for aseptic packaging in considerably high in the pharmaceutical sector of the region, led by the United States. Broadening availability and consumption of biotechnology-based drugs, and aseptic filling requirements with other liquid pharmaceuticals are expected to create additional demand for aseptic demand for aseptic packaging in the sector. The demand for aseptic packaging is considerably high in the pharmaceutical sector of the region, led by the United States. Broadening availability and consumption of biotechnology-based drugs, and aseptic filling requirements with other liquid pharmaceuticals are expected to create additional demand for aseptic demand for aseptic packaging in the sector.

Many regional governments have abolished or are in the process of banning the use of single-use plastic products in order to curb ecological damages caused by them. For instance, in Boston, the authorities have banned the use of non-biodegradable plastic bags and implemented 5 cent tax for the use of single-use bags. Product manufacturers will need to comply with these regulations strictly in order to avoid any legal issues in the future. Rising consumer awareness about the health and environmental impact of food and beverage products sold in plastic packages may also hinder the aseptic packaging market growth over the coming years. Rising practices of precision and personalized medicine in the healthcare industry are another great sources of demand for aseptic packaging in the region. Increasing perception of unit-dose delivery formats, such as vials, ampuls, pre-fillable syringes, and premixed IV solutions, for increased dosing accuracy is expected to boost the demand for these aseptic packaging formats in the region

The advent of COVID-19 had a positive impact on the North American aseptic packaging market. This is due to the rise in the COVID-19 cases which exponentially increased the cases and in turn the demand for aseptic packaging materials. As of March 2020, FPA and its members have kept the industry’s manufacturing facilities to stay open and functioning, since being crucial to the supply chain while catering to the needs of the country’s consumers in responding to the COVID-19 crisis. This is in order to keep the supply steady and is necessary for packaging consumer product companies and retailers to supply goods the public needs through such a health crisis. The demand for aseptic packaging in several industries has risen owing to the pandemic as the concerns about the risk of the pandemic have increased during the period. The supply chain during the period got severely disrupted owing to the lockdowns prevailing in several countries in the region.

The segmentation of the North American aseptic packaging market has been done into packaging material, products, application, and geography. By packaging material, the classification of the market has been done into Paper, Plastic, Glass, Metal. By-products, the classification of the market has been done into Bottles, Cartons And Boxes, Bags, Pouches, Ampoules, Syringes, Vials, Cans, Others. By application, the classification of the market has been done into Food Packaging, Beverage Packaging, Pharmaceutical And Healthcare Packaging, Others. Furthermore, on the basis of geography, the North American market has been distributed as the United States, Canada, and Mexico.

The rising beverage sector in the region will drive the market during the forecast period.

The market growth in the region is attributed to the exponential growth of the beverage sector in the region. According to the Association for Packaging and Processing Technologies (PMMI) 2018 Beverage Report, the North American beverage industry is expected to register a growth of 4.5% during the period 2018-2028. The rising production of different package sizes with the increasing demand for bottled water, soft drinks, alcoholic beverages, ready-to-drink beverage, and milk is expected to drive the demand for aseptic packaging for these types of beverages.

Moreover, liquid refreshment beverages, such as carbonated soft drinks (CSDs), bottled water, ready-to-drink (RTD) coffee, and tea are also increasing. The North American region, owing to increasingly improved lifestyles and demand for beverages, is witnessing a higher demand for these products.

There has been a considerable drop in milk consumption in this region in recent years. The Canadian Dairy Information Centre in 2019 published that the per capita milk consumption came down to 65.5 liters in 2018 from 85.6 liters in 2000. The trend has been similar in the United States as well; the US Department of Agriculture in 2019 published that the per capita milk consumption came down to 147 gallons in 2018 from 197 gallons in 2000.

Competitive Insights.

The players in the North America aseptic packaging market are implementing various growth strategies to gain a competitive advantage over their competitors in this market. Major market players in the market have been covered along with their relative competitive strategies and the report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the market.

Segmentation

  • By Packaging material
    • Paper
    • Plastic
    • Glass
    • Metal
  • By Product     
    • Bottles
    • Cartons and Boxes
    • Bags
    • Pouches
    • Ampoules
    • Syringes
    • Vials
    • Cans
    • Other
  • By Application
    • Food Packaging
    • Beverage Packaging
    • Pharmaceutical and Healthcare Packaging
    • Others
  • By Geography
    • United States
    • Canada
    • Mexico
1. Introduction
1.1. Market Definition
1.2. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of End-Users
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

5. Aseptic Packaging Market Analysis, by Packaging material 
5.1. Introduction
5.2. Paper
5.3. Plastic
5.4. Glass
5.5. Metal

6. Aseptic Packaging Market Analysis, by Product 
6.1. Introduction
6.2. Bottles
6.3. Cartons and Boxes
6.4. Bags
6.5. Pouches
6.6. Ampoules
6.7. Syringes
6.8. Vials
6.9. Cans
6.10. Other 

7. Aseptic Packaging Market Analysis, by Application 
7.1. Introduction
7.2. Food Packaging
7.3. Beverage Packaging
7.4. Pharmaceutical and Healthcare Packaging
7.5. Others

8. Aseptic Packaging Market Analysis, by Geography
8.1. Introduction
8.2. United States
8.3. Canada
8.4. Mexico

9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix

10. Company Profiles 
10.1. Glanbia plc
10.2. Schott AG
10.3. DS Smith Plc
10.4. Goglio S.P.A.
10.5. Tetra Pak International S.A.
10.6. Greatview Aseptic Packaging
10.7. Ecolean Packaging
10.8. Sealed Air corporation
10.9. Amcor Plc

Glanbia plc

Schott AG

DS Smith Plc

Goglio S.P.A.

Tetra Pak International S.A.

Greatview Aseptic Packaging

Ecolean Packaging

Sealed Air corporation

Amcor Plc