North America Aseptic Packaging Market - Growth, Trends, Forecasts (2020 - 2025)

The North America Aseptic Packaging Market is segmented by Pharmaceutical Industry, Beverage Industry and Food Industry.

Market Snapshot

Study Period:

2019-2025

Base Year:

2019

CAGR:

6.5 %

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Market Overview

The North America Aseptic Packaging Market is expected to register a CAGR of 6.5% during the forecast period (2020 -2025). The region has been one of the significant markets for aseptic packaging globally. The increasing demand form the pharmaceutical industry and the food and beverage industry are expected to spearhead 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.
  • 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.
  • Rising practices of precision and personalized medicine in the healthcare industry is another great source of demand for aseptic packaging in the region. Increasing perception of unit-dose delivery formats, such as vials, ampuls, prefillable syringes, and premixed IV solutions, for increased dosing accuracy is expected to boost the demand for these aseptic packaging formats in the region.
  • 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 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.

Scope of the report

Aseptic packaging is a specific manufacturing process in which products such as food, pharmaceutical, or other products are sterilized separately apart from the packaging. The sterilized contents are then inserted into the container in a sterile environment. This method primarily makes use of extremely high temperatures in order to maintain the freshness of the contents while ensuring that it is not contaminated with microorganisms.

Segmentation by Pharmaceutical Industry
Pharmaceutical Industry Outlook
Segmentation by Product
Prefillable Syringes
Bottles
Vials and Ampoules
IV Bag
Segmentation by Beverage Industry
Beverage Industry Outlook
Segmentation by Product
Fruit Beverages
Milk and Other Dairy Beverages
Ready-to-drink Beverages
Segmentation by Food Industry
Food Industry Outlook
Segmentation by Product
Dairy Foods
Processed Foods, Fruits and Vegetables
Baby Food
Other Products

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Key Market Trends

Beverages Segment is Expected to Hold a Significant Market Share

  • The beverage segment of the market is expected to hold a significant market share during the forecast period. 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, the 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.
  • The soda consumption is decreasing in the U.S. However, water consumption has been increasing. Both products are predominately packaged in plastic bottles. In fact, plastic bottle usage skyrocketed from carbonated soft drinks (CSD) have reached their saturation in the North American region, and companies like Coca-Cola, Pepsi, and Keurig Dr pepper have reported flat sales from their carbonated software division in North America.
  • 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 liter in 2018 from 85.6 liter 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.

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Food Segment is Expected to Witness Significant Growth

  • 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 the US. Also, expanding applications in liquid, low particulate, and pumpable foods, that often replace metal cans and glass jars are expected to boost the demand for lightweight, flexible and paper-based variants of aseptic packaging in the region.
  • This increasing demand for transportation across long distances is creating a need to prolong shelf life to unprecedented levels. The increasing distances between manufacturing sites and end-users require packaging to increase its levels of endurance and protective abilities. The culture of packaged and readymade foods across prevalent across North America is responsible for the increasing adoption of aseptic packaging.
  • Moreover, the FDA has announced that there have been no reports to suggest that COVID-19 can be transmitted by food or food packaging. This has further aided in the increased usage of plastic packaging industry in North America.
  • Furthermore, the COVID-19 impact on the food industry has been favorable. According to the monthly sales data from the US Census Bureau reported that unadjusted retail sales at food and beverage stores posted a 30% increase from February to March of 2020 and a 26% increase over comparable sales in March 2019.

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Competitive Landscape

The North America Aseptic Packaging Market is highly competitive owing to the presence of multiple vendors in the market supplying their products in domestic and international markets. The market appears to be moderately concentrated with major players adopting various strategies in order to expand their reach and stay competitive. Some of the major players in the market are Amcor Plc, DS Smith Plc, Schott AG, Goglio S.P.A., among others.

  • Aug 2019 - Amcor successfully completed its previously announced acquisition of Bemis company Inc. The acquisition of Bemis brings additional scale, capabilities, and footprint that may strengthen Amcor’s industry-leading value proposition and generate significant value for shareholders
  • Jul 2020 - Nutpods, a coffee creamer company, recently introduced its new product line: zero sugar oat creamer. The new oat creamers are available in combidome, the carton bottles from SIG, and will hit shelves in the coming months at the three largest natural retailers: Sprouts, Whole Foods, and Fresh Thyme.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Demand for Longer Product Shelf Life

      2. 4.2.2 Improved Technologies in Packaging and Processing of Aseptic Products

    3. 4.3 Market Restraints

      1. 4.3.1 Concerns over Environment and Recycling

    4. 4.4 Industry Value Chain Analysis

    5. 4.5 Porters 5 Force Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Segmentation by Pharmaceutical Industry

      1. 5.1.1 Pharmaceutical Industry Outlook

      2. 5.1.2 Segmentation by Product

        1. 5.1.2.1 Prefillable Syringes

        2. 5.1.2.2 Bottles

        3. 5.1.2.3 Vials and Ampoules

        4. 5.1.2.4 IV Bag

    2. 5.2 Segmentation by Beverage Industry

      1. 5.2.1 Beverage Industry Outlook

      2. 5.2.2 Segmentation by Product

        1. 5.2.2.1 Fruit Beverages

        2. 5.2.2.2 Milk and Other Dairy Beverages

        3. 5.2.2.3 Ready-to-drink Beverages

    3. 5.3 Segmentation by Food Industry

      1. 5.3.1 Food Industry Outlook

      2. 5.3.2 Segmentation by Product

        1. 5.3.2.1 Dairy Foods

        2. 5.3.2.2 Processed Foods, Fruits and Vegetables

        3. 5.3.2.3 Baby Food

        4. 5.3.2.4 Other Products

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Glanbia plc

      2. 6.1.2 Schott AG

      3. 6.1.3 DS Smith Plc

      4. 6.1.4 Goglio S.P.A.

      5. 6.1.5 Tetra Pak International S.A.

      6. 6.1.6 Greatview Aseptic Packaging

      7. 6.1.7 Ecolean Packaging

      8. 6.1.8 Sealed Air corporation

      9. 6.1.9 Amcor Plc

      10. 6.1.10 SIG Combibloc Group

  7. *List Not Exhaustive
  8. 7. INVESTMENT ANALYSIS

  9. 8. MARKET OPPORTUNITIES AND FUTURE TRENDS

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