South America Aseptic Packaging Market Size, Share, Opportunities, And Trends By Packaging Material (Paper, Plastic, Glass, Metal), By Products (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, And By Country - Forecasts From 2024 To 2029

The South American aseptic packaging market is expected to grow at a CAGR of 6.37%, reaching a market size of US$6.254 billion in 2029 from US$4.593 billion in 2024.

The aseptic packaging market is witnessing steady growth due to the high demand for food and beverage imports from economies such as Argentina, Brazil, and Mexico. These countries also receive maximum foreign direct investments, which have further facilitated the sustenance of supply-side aspects of the food and beverage sector to meet the growing demand for exotic foods. This is also because the population in these nations now has a high disposable income, which has aided them in diversifying their dietary patterns from traditional ones to exotic kinds.

Moreover, the rising middle-class population has increased aseptic packaging usage, thereby leading to its market growth. Because of this increased urbanization or redevelopment efforts, which are leading to changes within neighbourhoods, people are demanding more ready-to-eat items. This gradual severance of local produce and the inclination towards convenience food due to the fast pace of life are resulting in an uptick in packaged food consumption.

South American Aseptic Packaging Market Drivers:

• Shifting trends toward packaged foods and beverages

the inclination towards consuming functional beverages like fortified plant-based milk drives the growth of aseptic packaging. As a result, emerging requests for local packaged products increase the need for the aseptic packing market to grow larger. Moreover, states worldwide are setting up policies encouraging makers and suppliers from many sectors to adopt green crates. This is in light of an array of environmental threats linked to throwaway polythene items that would have otherwise added pollution load, leading to massive deterioration in the surroundings.

• Rising health awareness among consumers

Increasing consumer knowledge regarding health challenges related to plastic material implies an expansion of aseptic package lines, which can be reused if sorted per regulations. Concomitantly, the health-conscious consumers of today’s world are in pursuit of a certain reflection of their values in the products they will eventually purchase.  Thus, this also poses a potential opportunity for the aseptic packaging market to capitalize on and add to the envisaged growth in the South American regions. Therefore, health consciousness and environmentally conscious efforts pose a significant opportunity for the aseptic market in South America.

• Aseptic cartons to witness increased demand in the market

Aseptic cartons are food containers made of multiple layers of packing, especially for soups and orange juice. Paper, plastic, and metal layers are used to construct these containers. The material can be recycled once it has been cleaned up into a stream.

Food and beverage suppliers are therefore moving toward aseptic packaging in light of the financial and environmental advantages, particularly regarding ambient shipping and storage. Additionally, there is a significant demand for these products because aseptic packaging promotes packaging with recyclable and environmentally friendly pouches, which frequently target customers who prefer small quantities and make purchases more frequently.

South American 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. Moreover, regional variances in plastic regulations complicate food and beverage product transportation. Additionally, inadequate technology requires higher R&D and product development costs to keep the market safer. Moreover, most packaging materials are plastic, which pollutes land and water.

South American Aseptic Packaging Market Geographical Outlook

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

Brazil is one of the leading markets in the South American region for personal care products, with leading brands available to consumers who are conscious about personal care.

Moreover, the increasing frequency of purchasing through online channels further drives the importance of personal care product packaging. To this end, the aseptic packaging market is estimated to witness significant growth during the forecast period. Despite the prevalence of spurious products, which do not adhere to any rules and regulations of packaging that may dampen the growth, the aseptic packaging market is still slated for healthy growth due to rising consumer awareness.

Further, the frequency of new product launches concerning colour cosmetics, fragrances, and hair-care concentrates will augment the aseptic packaging market’s growth during the forecast period. Thus, with the premium products segment gaining ground along with exotic brands, the personal product category is poised to drive this market.

South American Aseptic Packaging Market Developments:

• In March 2023, NotCo – a food tech unicorn located in Chile – announced its collaboration with SIG for the launch of NotCreme, a plant-based alternative to animal products that is packed in the carton from SIG. The alliance will help NotCo to further perfect her understanding and diversity of plant-based foods. Moreover, SIG will make available aseptic carton packs for Not Milk Originals, which include zero, semi-sweet and chocolate-sweet milk brands.
• In December 2022, SIG, a European aseptic packaging company, invested R$10 million ($1.9 million) in cutting-edge technology to raise the value of recycled aseptic cartons in Brazil. The technology will be used to recover polymers and aluminium from used aseptic carton packs, which will then be sold on an industrial scale. Before conducting a pilot project in which the technology was successful for the chemical recycling process, SIG spent more than five years developing the recycling technology with project partner ECS Consulting. By separating the polyethene from the aluminium in PolyAl, recycling technology can increase the market and demand for these materials.

Key Market Segmentation:

The South American 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
  • Brazil
  • Argentina
  • Columbia
  • 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. SOUTH AMERICA ASEPTIC PACKAGING MARKET BY PACKAGING MATERIAL

5.1. Introduction

5.2. Paper

5.3. Plastic

5.4. Glass

5.5. Metal

6. SOUTH AMERICA 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. SOUTH AMERICA ASEPTIC PACKAGING MARKET BY APPLICATION

7.1. Introduction

7.2. Food

7.3. Beverage

7.4. Pharmaceutical and Healthcare

7.5. Others

8. SOUTH AMERICA ASEPTIC PACKAGING MARKET BY GEOGRAPHY

8.1. Introduction

8.2. Brazil

8.3. Argentina

8.4. Colombia

8.5. 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

10.2. BAE Systems (Ball Corporation)

10.3. Tetra Laval

10.4. Reynolds Group

10.5. Greatview Aseptic Packaging

10.6. Ecolean Packaging

10.7. Sealed Air (SEE) (Liquibox)

10.8. Goglio SpA

Amcor

BAE Systems (Ball Corporation)

Tetra Laval

Reynolds Group

Greatview Aseptic Packaging

Ecolean Packaging

Sealed Air (SEE) (Liquibox)

 

Goglio SpA