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| Report Code: A17210 | Jun 2022 | Pages: 240 | ||
| Tables: 119 | Charts: 64 |
| |
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the North America Aseptic Packaging Market
Request Now !The North America aseptic packaging market size was $5,115.7 million in 2021, and is expected to reach $11,425.4 million by 2031, with a CAGR of 8.2% from 2022 to 2031. Aseptic packaging is the process of packaging beverages or foods at ultra-high temperature (UHT), sterilizing or disinfecting the packaging individually, and then fused and sealed under sterile atmosphere conditions to avoid contamination by viruses and bacteria. Cans, containers, cartons, and other sterile packaging are made of materials, such as plastic, glass, paperboard and metal. Aseptic packaging extends the shelf life of packaged products. Moreover, it is eco-friendly.
Increase in emphasis of government entities globally, on developing their own domestic healthcare infrastructure for R&D purposes, has boosted the demand for aseptic packaging systems. Furthermore, rise in number of pharmaceutical companies, diagnostic laboratories, clinics, and hospitals has boosted the demand for the aseptic packaging systems. Moreover, the demand for generic drugs has increased in recent times, owing to the rise in awareness among people for their health. This factor is anticipated to boost the demand for aseptic packaging systems.
However, the high cost of these machines and fluctuating prices of raw materials used by packaging companies, such as polymer, board, paper, glass, aluminum, and steel are restraining factors that hinder the growth of aseptic packaging systems market.
Furthermore, during the outbreak of the COVID-19 pandemic, construction, manufacturing, hotel, and tourism industries were majorly affected. Manufacturing activities were halted or restricted. Construction and transportation activities, along with their supply chains, were hampered on a global level. This led to decline in manufacturing of aseptic packaging as well as their demand in the market, thereby restraining the growth of the aseptic packaging market. Conversely, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of aseptic packaging companies at their full-scale capacities, which is likely to help the aseptic packaging market to recover by end of 2021.
Contrarily, technological developments in aseptic packaging systems products, such as adoption of remote operation and improvements in HEPA filters and automation, can boost the efficiency of the equipment and result in lower number of human errors caused due to mishandling of aseptic packaging systems. This is anticipated to create lucrative opportunities for the aseptic packaging systems market growth during the forecast period.
The aseptic packaging market is segmented on the basis of packaging type, material, application, end-user industry, and region. On the basis of packaging type, the market is divided into carton, bags & pouches, and bottles & cans. Depending on material, it is classified into glass, metal, plastic, and paper & paperboard. On the basis of application, the market is divided into beverage and food. On the basis of end-user industry, the market is divided into retail and food service. By region, it is analyzed across North America (the U.S., Canada, and Mexico).
On the basis of packaging type, in 2021, the cartons segment dominated the aseptic packaging market in terms of revenue, whereas the bags & pouches segment is expected to witness growth at the highest CAGR during the forecast period. As per material, the paper & paperboard segment led the aseptic packaging market in 2021, and is expected to exhibit highest CAGR in the near future. By application, the beverage segment led the market in 2021, in terms of revenue; however, the food segment is anticipated to register highest CAGR during the forecast period. By end-user industry, the retail segment led the market in 2021, in terms of revenue; however, the food service segment is anticipated to register highest CAGR during the forecast period. Country wise, the U.S. garnered the highest revenue in 2021; however, Mexico is anticipated to register highest CAGR during the forecast period.
The major players profiled in the aseptic packaging market include, Amcor plc, DS Smith plc, Mondi PLC, Greatview Aseptic Packaging Company Ltd., SIG, Sonoco, Smurfit Kappa Group plc, Stora Enso Oyj, Tetra Laval International, and UFlex Limited.
Major companies in the market have adopted product launch, business expansion and acquisition as their key developmental strategies to offer better products and services to customers in the aseptic packaging market.
Key Benefits For Stakeholders
North America Aseptic Packaging Market Report Highlights
| Aspects | Details |
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| By Packaging type |
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| By Material |
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| By Application |
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| By End-user Industry |
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| By Region | |
| By North America |
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| By KEY PLAYERS |
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CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.2.2.Market player positioning
3.3.Key forces shaping Aseptic packaging industry
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Increase in government expenditure on healthcare
3.4.1.2.Improved recycling rates for packaging
3.4.1.3.Low cost of plastics
3.4.1.4.Surge in adoption of automation in production of aseptic packaging
3.4.2.Restraints
3.4.2.1.Uncertain prices of raw materials
3.4.3.Opportunities
3.4.3.1.Rise in e-commerce sales globally
3.4.3.2.Growth opportunities in emerging markets
3.5.COVID-19 impact analysis
CHAPTER 4:NORTH AMERICA ASEPTIC PACKAGING MARKET, BY PACKAGING TYPE
4.1.Market overview
4.1.1.Market size and forecast, by packaging type
4.2.Carton
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, for carton
4.3.Bags & Pouches
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, for bags & pouches
4.4.Bottles & Cans
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, for bottles & cans
CHAPTER 5:NORTH AMERICA ASEPTIC PACKAGING MARKET, BY MATERIAL
5.1.Market overview
5.1.1.Market size and forecast, by material
5.2.Paper & Paperboard
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, for paper & paperboard
5.3.Plastics
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, for plastics
5.4.Metal
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, for metal
5.5.Glass
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, for glass
CHAPTER 6:NORTH AMERICA ASEPTIC PACKAGING MARKET, BY APPLICATION
6.1.Market overview
6.1.1.Market size and forecast, by application
6.2.Beverages
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, for beverage
6.3.Food
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, for food
CHAPTER 7:NORTH AMERICA ASEPTIC PACKAGING MARKET, BY END-USER INDUSTRY
7.1.Market overview
7.1.1.Market size and forecast, by end-user industry
7.2.Retail
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, for retail
7.3.Food Service
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, for food service
CHAPTER 8:NORTH AMERICA ASEPTIC PACKAGING MARKET, BY COUNTRY
8.1.Market overview
8.2.North America
8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by Packaging type
8.2.3.Market size and forecast, by material
8.2.4.Market size and forecast, by application
8.2.5.Market size and forecast, by end-user industry
8.2.6.Market size and forecast, by country
8.2.6.1.U.S.
8.2.6.1.1.Market size and forecast, by packaging type
8.2.6.1.2.Market size and forecast, by material
8.2.6.1.3.Market size and forecast, by application
8.2.6.1.4.Market size and forecast, by end-user industry
8.2.6.2.Canada
8.2.6.2.1.Market size and forecast, by packaging type
8.2.6.2.2.Market size and forecast, by material
8.2.6.2.3.Market size and forecast, by application
8.2.6.2.4.Market size and forecast, by end-user industry
8.2.6.3.Mexico
8.2.6.3.1.Market size and forecast, by packaging type
8.2.6.3.2.Market size and forecast, by material
8.2.6.3.3.Market size and forecast, by application
8.2.6.3.4.Market size and forecast, by end-user industry
CHAPTER 9:COMPANY PROFILES
9.1.AMCOR PLC
9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.Research and development expenses
9.1.7.Business performance
9.1.8.Key strategic moves and developments
9.2.DS SMITH PLC
9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.R&D Expenditure
9.2.7.Business performance
9.3.GREATVIEW ASEPTIC PACKAGING COMPANY LTD.
9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Product portfolio
9.3.5.R&D Expenditure
9.3.6.Business performance
9.3.7.Key strategic moves and developments
9.4.MONDI PLC
9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.R&D Expenditure
9.4.7.Business performance
9.4.8.Key strategic moves and developments
9.5.SIG
9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.5.5.Research and development expenses
9.5.6.Business performance
9.6.SONOCO
9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.Business performance
9.7.SMURFIT KAPPA GROUP PLC
9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.R&D Expenditure
9.7.7.Business performance
9.7.8.Key strategic moves and developments
9.8.STORA ENSO OYJ
9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.R&D Expenditure
9.8.7.Business performance
9.9.TETRA LAVAL INTERNATIONAL
9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Product portfolio
9.9.5.Business performance
9.10.UFLEX LIMITED
9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Product portfolio
9.10.5.Research and development expenses
9.10.6.Business performance
9.10.7.Key strategic moves and developments
LIST OF TABLES
TABLE 01.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, BY PACKAGING TYPE, 2021–2031 ($MILLION)
TABLE 02.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, BY MATERIAL, 2021–2031 ($MILLION)
TABLE 03.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, BY APPLICATION, 2021–2031 ($MILLION)
TABLE 04.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, BY END-USER INDUSTRY, 2021–2031 ($MILLION)
TABLE 05.NORTH AMERICA ASEPTIC PACKAGING MARKET, BY PACKAGING TYPE, 2021–2031 ($MILLION)
TABLE 06.NORTH AMERICA ASEPTIC PACKAGING MARKET, BY MATERIAL, 2021–2031 ($MILLION)
TABLE 07.NORTH AMERICA ASEPTIC PACKAGING MARKET, BY APPLICATION, 2021–2031 ($MILLION)
TABLE 08.NORTH AMERICA ASEPTIC PACKAGING MARKET, BY END-USER INDUSTRY, 2021–2031 ($MILLION)
TABLE 09.NORTH AMERICA ASEPTIC PACKAGING MARKET, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 10.U.S. ASEPTIC PACKAGING MARKET, BY PACKAGING TYPE, 2021–2031 ($MILLION)
TABLE 11.U.S. ASEPTIC PACKAGING MARKET, BY MATERIAL, 2021–2031 ($MILLION)
TABLE 12.U.S. ASEPTIC PACKAGING MARKET, BY APPLICATION, 2021–2031 ($MILLION)
TABLE 13.U.S. ASEPTIC PACKAGING MARKET, BY END-USER INDUSTRY, 2021–2031 ($MILLION)
TABLE 14.CANADA ASEPTIC PACKAGING MARKET, BY PACKAGING TYPE, 2021–2031 ($MILLION)
TABLE 15.CANADA ASEPTIC PACKAGING MARKET, BY MATERIAL 2021–2031 ($MILLION)
TABLE 16.CANADA ASEPTIC PACKAGING MARKET, BY APPLICATION, 2021–2031 ($MILLION)
TABLE 17.CANADA ASEPTIC PACKAGING MARKET, BY END-USER INDUSTRY, 2021–2031 ($MILLION)
TABLE 18.MEXICO ASEPTIC PACKAGING MARKET, BY PACKAGING TYPE, 2021–2031 ($MILLION)
TABLE 19.MEXICO ASEPTIC PACKAGING MARKET, BY MATERIAL, 2021–2031 ($MILLION)
TABLE 20.MEXICO ASEPTIC PACKAGING MARKET, BY APPLICATION, 2021–2031 ($MILLION)
TABLE 21.MEXICO ASEPTIC PACKAGING MARKET, BY END-USER INDUSTRY, 2021–2031 ($MILLION)
TABLE 22.AMCOR PLC: KEY EXECUTIVE
TABLE 23.AMCOR PLC: COMPANY SNAPSHOT
TABLE 24.AMCOR PLC: OPERATING SEGMENTS
TABLE 25.AMCOR PLC: PRODUCT PORTFOLIO
TABLE 26.DS SMITH PLC: KEY EXECUTIVE
TABLE 27.DS SMITH PLC: COMPANY SNAPSHOT
TABLE 28.DS SMITH PLC: OPERATING SEGMENTS
TABLE 29.DS SMITH PLC: PRODUCT PORTFOLIO
TABLE 30.GREATVIEW ASEPTIC PACKAGING COMPANY LTD.: KEY EXECUTIVES
TABLE 31.GREATVIEW ASEPTIC PACKAGING COMPANY LTD.: COMPANY SNAPSHOT
TABLE 32.GREATVIEW ASEPTIC PACKAGING COMPANY LTD.: PRODUCT PORTFOLIO
TABLE 33.MONDI PLC: KEY EXECUTIVE
TABLE 34.MONDI PLC: COMPANY SNAPSHOT
TABLE 35.MONDI PLC: OPERATING SEGMENTS
TABLE 36.MONDI PLC: PRODUCT PORTFOLIO
TABLE 37.SIG: KEY EXECUTIVE
TABLE 38.SIG: COMPANY SNAPSHOT
TABLE 39.SIG: PRODUCT PORTFOLIO
TABLE 40.SONOCO: KEY EXECUTIVE
TABLE 41.SONOCO: COMPANY SNAPSHOT
TABLE 42.SONOCO: OPERATING SEGMENTS
TABLE 43.SONOCO: PRODUCT PORTFOLIO
TABLE 44.SMURFIT KAPPA GROUP PLC: KEY EXECUTIVE
TABLE 45.SMURFIT KAPPA GROUP PLC: COMPANY SNAPSHOT
TABLE 46.SMURFIT KAPPA GROUP: OPERATING SEGMENTS
TABLE 47.SMURFIT KAPPA GROUP PLC: PRODUCT PORTFOLIO
TABLE 48.STORA ENSO: KEY EXECUTIVES
TABLE 49.STORA ENSO OYJ: COMPANY SNAPSHOT
TABLE 50.STORA ENSO: OPERATING SEGMENTS
TABLE 51.STORA ENSO OYJ : PRODUCT PORTFOLIO
TABLE 52.TETRA LAVAL INTERNATIONAL: KEY EXECUTIVE
TABLE 53.TETRA LAVAL INTERNATIONAL: COMPANY SNAPSHOT
TABLE 54.TETRA LAVAL INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 55.UFLEX LIMITED: KEY EXECUTIVE
TABLE 56.UFLEX LIMITED: COMPANY SNAPSHOT
TABLE 57.UFLEX LIMITED: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.NORTH AMERICA ASEPTIC PACKAGING MARKET SNAPSHOT, 2021–2031
FIGURE 03.NORTH AMERICA ASEPTIC PACKAGING MARKET SNAPSHOT, BY COUNTRY, 2021–2031
FIGURE 04.NORTH AMERICA ASEPTIC PACKAGING MARKET: KEY PLAYERS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MARKET PLAYER POSITIONING
FIGURE 07.LOW-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 08.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 09.LOW-TO-MODERATE THREAT OF SUBSTITUTES
FIGURE 10.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 11.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 12.MARKET DYNAMICS
FIGURE 13.NORTH AMERICA ASEPTIC PACKAGING MARKET, BY PACKAGING TYPE, 2021–2031
FIGURE 14.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, FOR CARTON, 2021–2031 ($MILLION)
FIGURE 15.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, FOR BAGS & POUCHES, 2021–2031 ($MILLION)
FIGURE 16.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, FOR BOTTLES & CANS, 2021–2031 ($MILLION)
FIGURE 17.NORTH AMERICA ASEPTIC PACKAGING MARKET, BY MATERIAL, 2021–2031
FIGURE 18.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, FOR PAPER & PAPERBOARD, 2021–2031 ($MILLION)
FIGURE 19.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, FOR PLASTICS, 2021–2031 ($MILLION)
FIGURE 20.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, FOR METAL, 2021–2031 ($MILLION)
FIGURE 21.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, FOR GLASS, 2021–2031 ($MILLION)
FIGURE 22.NORTH AMERICA ASEPTIC PACKAGING MARKET, BY APPLICATION, 2020–2030
FIGURE 23.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, FOR BEVERAGE, 2021–2031 ($MILLION)
FIGURE 24.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, FOR FOOD, 2021–2031 ($MILLION)
FIGURE 25.NORTH AMERICA ASEPTIC PACKAGING MARKET, BY END-USER INDUSTRY, 2021–2031
FIGURE 26.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, FOR RETAIL, 2021–2031 ($MILLION)
FIGURE 27.NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, FOR FOOD SERVICE, 2021–2031 ($MILLION)
FIGURE 28.NORTH AMERICA ASEPTIC PACKAGING MARKET, BY COUNTRY, 2021–2031
FIGURE 29.U.S. NORTH AMERICA ASEPTIC PACKAGING MARKET REVENUE, 2021–2031 ($MILLION)
FIGURE 30.CANADA ASEPTIC PACKAGING MARKET REVENUE, 2021–2031 ($MILLION)
FIGURE 31.MEXICO ASEPTIC PACKAGING MARKET REVENUE, 2021–2031 ($MILLION)
FIGURE 32.AMCOR PLC: RESEARCH AND DEVELOPMENT EXPENSES, 2020–2021($MILLION)
FIGURE 33.AMCOR PLC: REVENUE, 2020–2021 ($MILLION)
FIGURE 34.AMCOR PLC: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 35.AMCOR PLC: REVENUE SHARE, BY REGION, 2021 (%)
FIGURE 36.DS SMITH PLC: R&D EXPENDITURE, 2019–2021 ($MILLIONS)
FIGURE 37.DS SMITH PLC: REVENUE, 2020–2021 ($MILLION)
FIGURE 38.DS SMITH PLC: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 39.DS SMITH PLC: REVENUE SHARE, BY REGION, 2021 (%)
FIGURE 40.GREATVIEW ASEPTIC PACKAGING COMPANY LTD.: R&D EXPENDITURE, 2019–2021 ($MILLIONS)
FIGURE 41.GREATVIEW ASEPTIC PACKAGING COMPANY LTD.: NET SALES, 2019–2021 ($MILLION)
FIGURE 42.GREATVIEW ASEPTIC PACKAGING COMPANY LTD.: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 43.MONDI PLC: R&D EXPENDITURE, 2019–2021 ($MILLIONS)
FIGURE 44.MONDI PLC: NET SALES, 2019–2021 ($MILLION)
FIGURE 45.MONDI PLC: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 46.MONDI PLC: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 47.SIG: RESEARCH AND DEVELOPMENT EXPENSES, 2019–2021 ($MILLION)
FIGURE 48.SIG: REVENUE, 2019–2021 ($MILLION)
FIGURE 49.SIG: REVENUE SHARE, BY REGION, 2021 (%)
FIGURE 50.SONOCO: REVENUE, 2019–2021 ($MILLION)
FIGURE 51.SONOCO: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 52.SONOCO: REVENUE SHARE, BY REGION, 2021 (%)
FIGURE 53.SMURFIT KAPPA GROUP: R&D EXPENDITURE, 2019–2021 ($MILLIONS)
FIGURE 54.SMURFIT KAPPA GROUP: NET SALES, 2019–2021 ($MILLION)
FIGURE 55.SMURFIT KAPPA GROUP: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 56.SMURFIT KAPPA GROUP: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 57.STORA ENSO: R&D EXPENDITURE, 2019–2021 ($MILLIONS)
FIGURE 58.STORA ENSO: NET SALES, 2019–2021 ($MILLION)
FIGURE 59.STORA ENSO: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 60.STORA ENSO: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 61.TETRA LAVAL INTERNATIONAL: REVENUE, 2019–2021 ($MILLION)
FIGURE 62.TETRA LAVAL INTERNATIONAL: REVENUE SHARE, BY REGION, 2021 (%)
FIGURE 63.UFLEX LIMITED: RESEARCH AND DEVELOPMENT EXPENSES, 2019–2021($MILLION)
FIGURE 64.UFLEX LIMITED : REVENUE, 2018–2020 ($MILLION)
The aseptic packaging is widely utilized in beverages or foods in medical and food products at ultra-high temperatures (UHT), sterilizing or disinfecting the packaging individually, and then fused and sealed under sterile atmosphere conditions to avoid contamination by viruses and bacteria. Aseptic packaging is commonly utilized for packing in the e-commerce industry. Aseptic packaging systems are in higher demand due to the expansion of domestic healthcare infrastructure for R&D objectives. The high cost of these equipment, as well as variable raw material costs employed by packaging firms, are restricting factors in the aseptic packaging systems market's growth. Technological advancements in aseptic packaging systems goods, such as remote operation, HEPA filter enhancements, and automation, can improve the equipment efficiency, which is expected to generate profitable prospects for the aseptic packaging systems market during the forecast period.
Major companies in the market have adopted product launch, business expansion and acquisition as their key developmental strategies to offer better products and services to customers in the North America aseptic packaging market.
A. The North America aseptic packaging market size was valued at $5,115.7 billion in 2020, and is expected to reach $11,425.4 billion by 2030, with a CAGR of 8.2% from 2021 to 2030.
A. The forecast period considered for the North America aseptic packaging market is 2022 to 2031, wherein, 2021 is the base year, 2022 is the estimated year, and 20310 is the forecast year.
A. To get latest version of North America aseptic packaging market report can be obtained on demand from the website.
A. The base year considered in the North America aseptic packaging market report is 2021.
A. The top companies holding the market share in the North America aseptic packaging market report include Amcor plc, DS Smith plc, Mondi PLC, Greatview Aseptic Packaging Company Ltd., SIG, Sonoco, Smurfit Kappa Group plc, Stora Enso Oyj, Tetra Laval International, and UFlex Limited.
A. The top ten market players are selected based on two key attributes - competitive strength and market positioning
A. By material, the paper & paperboard segment dominated the North America aseptic packaging market, in terms of revenue and is expected to maintain this trend during the forecast period.
A. By packaging type, the carton segment is the highest share holder of North America aseptic packaging market.
A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.
A. The market value of the North America aseptic packaging market is $5,601.7 billion in 2022.
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