APAC Aseptic Packaging Market Size

APAC Aseptic Packaging Market Analysis

The APAC Aseptic Packaging Market size is estimated at USD 30.22 billion in 2024, and is expected to reach USD 50.73 billion by 2029, growing at a CAGR of 10.91% during the forecast period (2024-2029).

The Asian region has been one of the leading markets for aseptic packaging products and equipment, owing to the dominance of local companies in the aseptic packaging industry. Although the market volumes have been static in most of the areas in the region, however, growing innovations are expected to expand the industrial applications.

• The rapidly increasing demand from the pharmaceutical industry and the food and beverage industry are some of the factors expected to drive the demand for aseptic packaging in the region.
• In the case of the food and beverage industry, sustainable packaging and longer shelf life are of great importance to the consumer. As a result, most of the food and beverage vendors operating in the region are inclining towards aseptic packaging, along with cost and environmental benefits in considerations, especially in terms of ambient shipping and storage.
• Also, as aseptic packaging supports packaging through recyclable cartons and eco-friendly pouches and bags that often target consumers that prefer small quantity packaging and make purchases more frequently, the demand for such products is considerably high in the region.
• In the case of the food industry, increasing smart and active packaging initiatives that provide both shelf-stability and after-sale advantages are expected to become packaging standards in the region, especially in Asia. Also, the expanding applications in liquid, low particulate, and pumpable foods that are often replacing metal cans and glass jars are anticipated to drive the demand for lightweight, flexible and paper-based variants of the aseptic packaging in the region.
• Owing to the spread of COVID-19, the market is expected to witness significant growth. Due to the pandemic, customers have shifted towards online retail as well as panic stocking, which led to an increased demand for essential food items such as milk, baby food, and vegetables.
• Moreover, the concerns regarding food hygiene due to Covid-19 have been increasing the demand for aseptic packaging. In the coming years, the customers are expected to prefer better packaging to prevent themselves from such diseases, which would compel the vendors to think on the lines of sustainable aseptic packaging.