Aseptic Packaging Market: Increasing Consumption of Packaged Meals Ups Demand, Says TMR

The competitive landscape in the global aseptic packaging market is quite consolidated. Transparency Market Research states that Tetra Pak alone held a dominant share of about 65% in the global market in 2015. However, several players are focusing on the potential of emerging economies that offer cheap labor and low cost of raw materials to set up manufacturing units.

According to the research report, the global aseptic packaging market is expected to reach a valuation of US$80.49 bn by the end of 2024 as compared to US$34.42 bn in 2015. Between the forecast years of 2016 and 2024, the global market is projected to expand at a CAGR of 9.9%. The steady growth of the global aseptic packaging market will be attributable to the emergence of pharmaceutical industry that is focusing on the need better packaging methods of products.

Browse Market Research Report @ http://www.transparencymarketresearch.com/aseptic-packaging-market.html

Asia Pacific Emerges as Key Regional Segment as Food and Beverages Industry Flourishes

In terms of end user, the global aseptic packaging market is segmented into pharmaceutical, beverages, dairy, food, and others such as personal care. Analysts expect that the pharmaceutical industry will be the key user of the aseptic packaging in the coming years as the sales of medical consumables continues to be on the rise. The emergence of the pharmaceutical industry in Asia Pacific is also expected to fuel the soaring sales of aseptic packaging products in the coming years. Analysts believe that the dairy industry is also likely to be a key end user segment in the global aseptic packaging market.

Geographically, the market is fragmented into Europe, Asia Pacific, North America, and the Middle East and Africa. Presently, Asia Pacific is the key consumer of the aseptic packaging products in the global market. As of 2015, this region accounted for about 32% share in the global market. The regional market is predominantly being driven by the booming food and beverages industry in the region along with the flourishing pharmaceutical industry. Analysts expect that China will lead the regional market to newer heights in the coming years as the emerging economy is focused on production and manufacturing of various products.

Fill the form to gain deeper insights on this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=129

Improved Shelf-life of Products Augments Demand for Aseptic Packaging Products

The growing awareness amongst consumers about the benefits of aseptic packaging is the primary growth driver for the global market. Aseptic packaging primarily allows consumers to maintain the quality of food items for a longer period of time. The ability of this packaging method to enhance the shelf-life of the items has boosted the market’s growth in the past few years. Analysts predict that the increasing consumption of ready-to-eat meals and other packaged food items will drive the global market in the coming years, especially amongst the urban population.

The market will also be fueled by the increasing sales of cartons, which are being preferred over glass packaging materials as they are easy to dispose. The report estimates that the demand for cartons is estimated to escalate as their production releases lesser amount of emissions in the environment as compared to production of PET products.

Capital-intensive Nature of Manufacturing Setups to Restrain Market Growth

Despite the steady growth drivers, the global aseptic packaging market is likely to be challenged by a few factors. The complicated process of manufacturing aseptic packaging products is the key restraint in the global market. The high capital investment required to setup production plants and manufacturing units is expected to act a major restraint in the global market.

For this study, the market has been segmented as follows:

Aseptic Packaging Market - Product Analysis

· Bottles (Glass, Plastic)

· Cartons

· Vials, Prefilled Syringes & Ampoules

· Bags & Pouches

· Others (Cups)

Aseptic Packaging Market - End-user Analysis

· Food

· Dairy

· Beverages

· Pharmaceutical

· Others (Personal Care, etc.)

This review is based on Transparency Market Research’s report, titled “Aseptic Packaging Market (Product - Bottles (Glass, Plastic), Cartons, Vials, Prefilled Syringes & Ampoules, Bags & Pouches; End-user - Food, Dairy, Beverages, Pharmaceutical) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @ http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry Had

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @ http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi

Market Research Reports

Search This Blog