The aseptic packaging market is projected to observe significant growth by 2027 due to the surging product demand in food and beverage applications and increasing focus of manufacturers on offering eco-friendly products. Moreover, the proliferating demand for sterile packaging of pharmaceuticals is set to bolster market growth through the forecast period.

The COVID-19 outbreak created an urgent need for effective treatment methods for the illness. Sterile packaging was pivotal for injectables therapeutics used in treating the disease as well as for the success of worldwide immunization efforts. Aseptic packaging is crucial for preserving, transporting, protecting, and distributing vaccines, which has significantly boosted market adoption across the globe.

Furthermore, industry players have been extending their presence in order to expand their consumer base by leveraging favorable marketplaces. For instance, in June 2021, Ecolean, the Swedish provider of lightweight packaging solutions, announced the opening of its first sales office in Germany to monetize the country’s booming aseptic packaging sector.

Recently, rising awareness pertaining to the potential environmental damage of packaging has shifted consumer inclination towards sustainable packaging solutions and has prompted industry players to adapt to meet their requirements. As a result, mounting availability of ???greener??? packaging has improved the global product landscape, thereby propelling market adoption.

To cite an instance, in June 2021, Element Nutritional Sciences, the Canada-based nutraceutical firm, signed a marketing support agreement with Swedish company Tetra Pak for marketing its Rejuvenate ready-to-drink organic plant protein beverage across the United States. Packaging giant Tetra Pak is a leading manufacturer of sustainable packaging.

For comprehensive assessment, the aseptic packaging market has been segmented on the basis of product, end-user, and region. In terms of product, the market has further been categorized into vials, prefilled syringes, & ampoules, cartons, bags & pouches, bottles (glass and plastic), and others (cups, etc.).

In 2020, the vials, prefilled syringes, & ampoules sub-segment accounted for around 8.47% of aseptic packaging market and is estimated to see considerable growth over 2021-2027. The aseptic packaging market size from the bags & pouches sub-segment is projected to grow at a CAGR of over 6.2% through the forecast period. The others sub-segment is likely to expand at a significant pace over the following years.

From the end-user perspective, the market has further been bifurcated into dairy, food, pharmaceutical, beverage, and others (personal care, etc.). The food sub-segment is projected to witness notable growth at a CAGR of nearly 6.6% over the assessment timeframe. The aseptic packaging market from the others sub-segment is expected to observe substantial growth by 2027, progressing at a moderate rate through the forecast period.

With respect to region, North America accounted for around 18% of the aseptic packaging market in 2020 and is speculated to register steady growth through the analysis period. In 2020, Latin America market held over 9.47% share in the aseptic packaging market and is calculated to grow at a CAGR of around 7.8% through the estimated timeline.

The Middle East & Africa aseptic packaging market is likely to showcase significant growth by 2027, expanding at a notable CAGR through the forecast timeframe. Growing product demand in food & beverage applications is projected to fuel regional market expansion over the estimated time period.