ASIA PACIFIC ASEPTIC PACKAGING MARKET FORECAST 2021-2028

December 2020
133 pages
ID: 5996773
Format: PDF
Inkwood Research

Summary

Table of Contents

KEY FINDINGS
The Asia Pacific aseptic packaging market growth is set to evolve at a CAGR of 9.70% during the forecast period, 2021-2028. The surging adoption of aseptic packaging in the food & beverage industry is the prominent factor contributing to the market growth of the region.

MARKET INSIGHTS
The Asia Pacific aseptic packaging market growth assessment includes the analysis of Japan, India, Vietnam, Thailand, South Korea, Indonesia, Australia & New Zealand, China, and the rest of Asia Pacific.Japan ranks fourth with regard to the biggest import country in the world for dairy products.

The rising import and export of milk products in the region is a significant market driver.Also, Japanese consumers are inclined to buying groceries on a daily basis in local stores.

The country is also shifting towards dual-income households, with eating out becoming popular in Japan.With more women entering the labor market, there is a decline in cooking and eating together.

This further creates more demand for ready-to-eat meals and home delivery. Such factors are set to contribute to the market growth of Japan.
The surge in the consumption of beverages in Indonesia is attributed to economic growth and increasing population.Foods with liquid content like soups and juices have transitioned to flexible pouches from rigid packaging containers.

Also, the non-alcoholic beverage industry is set to contribute significantly to flexible packaging industry growth.The growth is also accredited to the hectic lifestyles of consumers, which further drive the easy to store/close packs and the on-the-go packaging in the country.

Such factors are expected to propel the market growth in Indonesia.

COMPETITIVE INSIGHTS
Some of the leading companies in the market are Sealed Air Corporation, Uflex Limited, Stora Enso OYJ, Tetra Laval International SA, Schott AG, etc.

Our report offerings include:
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Companies mentioned
1. AMCOR PLC
2. DS SMITH PLC
3. MONDI PLC
4. REYNOLD GROUP HOLDINGS PLC
5. SIG COMBIBLOC GROUP AG
6. SONOCO PRODUCTS COMPANY
7. SMURFIT KAPPA GROUP PLC
8. STORA ENSO OYJ
9. TETRA LAVAL INTERNATIONAL SA
10. UFLEX LIMITED
11. SEALED AIR CORPORATION
12. SCHOTT AG
13. ELOPAK AS
14. BEMIS COMPANY INC

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