The North America aseptic packaging market is evaluated to project a CAGR of 8.81%, over the forecast period of 2021 to 2028. The market growth is facilitated by factors, such as, increased investments, the rising exports of dairy products, the consumers’ shift to environmentally sustainable packaging, and the surging growth in niche beverage categories. The North America aseptic packaging market growth is assessed by analyzing the United States and Canada.
NORTH AMERICA ASEPTIC PACKAGING MARKET FORECAST 2021-2028
North America Aseptic Packaging Market by Type (Carton, Bags and Pouches, Bottles and Cans, Vials, Prefilled Syringes, and Ampoules) by Material (Paper & Paperboard, Plastics, Metals, Glass) by End-user (Beverage, Healthcare, Food) and by Geography.
The North America aseptic packaging market is evaluated to project a CAGR of 8.81%, over the forecast period of 2021 to 2028. The market growth is facilitated by factors, such as, increased investments, the rising exports of dairy products, the consumers’ shift to environmentally sustainable packaging, and the surging growth in niche beverage categories.
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The North America aseptic packaging market growth is assessed by analyzing the United States and Canada. As per the United States Department of Agriculture (USDA), emerging markets and diversified consumer needs across the Asia Pacific offer lucrative opportunities for the United States’ exports, in international markets. Numerous food packaging enterprises have endeavored with the country’s brands, such as, Gossner Foods, Kahlua Coffee Creamers, and Healthy Living, in order to develop products like, carton bottles, thereby enabling market expansion.
On the other hand, the United States’ pharmaceuticals segment is an essential sector, observing significant growth in terms of aseptic packaging. For instance, in 2017, North America accounted for over 48% of the global pharmaceutical sales, compared to Europe, at 22.2%. Moreover, according to the IQVIA, more than 64% of new medicines’ sales, introduced from 2012 to 2017, were recorded in the United States’ market. As a result, these factors are anticipated to drive the aseptic packaging market growth, during the forecast years.
Sonoco Products Company, headquartered in the United States, is an international provider of a varied range of industrial products, consumer packaging, protective packaging, as well as displays, and packaging supply chain services. It comprises plastic bottles and jars, rigid containers and trays, and metal and composite wires, among others. The company majorly operates in the United States, Canada, and Europe.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- MARKET DEFINITION
- KEY DRIVERS
- IMPROVED RECYCLING RATES FOR PACKAGING
- LOW COST OF PLASTICS
- SURGE IN ADOPTION OF AUTOMATION IN THE PRODUCTION OF ASEPTIC PACKAGING
- DEMAND TO REDUCE THE COST OF COLD CHAIN LOGISTICS
- INCREASING DEMAND FOR A LONGER SHELF LIFE OF PRODUCTS
- RISING DEMAND FOR PACKAGED FOOD
- KEY RESTRAINTS
- UNCERTAINTY IN PRICES OF RAW MATERIALS
- MANUFACTURING COMPLICATIONS & LOWER ROI
- KEY ANALYTICS
- IMPACT OF COVID-19 ON ASEPTIC PACKAGING MARKET
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- BUYER POWER
- SUPPLIER POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- VALUE CHAIN ANALYSIS
- MARKET BY TYPE
- CARTON
- BAGS AND POUCHES
- BOTTLES AND CANS
- VIALS, PREFILLED SYRINGES, AND AMPOULES
- MARKET BY MATERIAL
- PAPER & PAPERBOARD
- PLASTICS
- METALS
- GLASS
- MARKET BY END-USER
- BEVERAGE
- HEALTHCARE
- FOOD
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED STATES
- CANADA
- NORTH AMERICA
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGER & ACQUISITIONS
- PRODUCT LAUNCH & DEVELOPMENTS
- PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
- COMPANY PROFILES
- AMCOR PLC
- DS SMITH PLC
- MONDI PLC
- REYNOLD GROUP HOLDINGS PLC
- SIG COMBIBLOC GROUP AG
- SONOCO PRODUCTS COMPANY
- SMURFIT KAPPA GROUP PLC
- STORA ENSO OYJ
- TETRA LAVAL INTERNATIONAL SA
- UFLEX LIMITED
- SEALED AIR CORPORATION
- SCHOTT AG
- ELOPAK AS
- BEMIS COMPANY INC
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – ASEPTIC PACKAGING
TABLE 2: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 3: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 4: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY MATERIAL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY MATERIAL, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 6: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 7: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 9: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 10: LEADING PLAYERS OPERATING IN NORTH AMERICA ASEPTIC PACKAGING MARKET
LIST OF FIGURES
FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: NORTH AMERICA ASEPTIC PACKAGING MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020
FIGURE 7: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY CARTON, 2021-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY BAGS AND POUCHES, 2021-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY BOTTLES AND CANS, 2021-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY VIALS, PREFILLED SYRINGES, AND AMPOULES, 2021-2028 (IN $ MILLION)
FIGURE 11: NORTH AMERICA ASEPTIC PACKAGING MARKET, GROWTH POTENTIAL, BY MATERIAL, IN 2020
FIGURE 12: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY PAPER & PAPERBOARD, 2021-2028 (IN $ MILLION)
FIGURE 13: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY PLASTICS, 2021-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY METALS, 2021-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY GLASS, 2021-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA ASEPTIC PACKAGING MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020
FIGURE 17: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY BEVERAGE, 2021-2028 (IN $ MILLION)
FIGURE 18: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY HEALTHCARE, 2021-2028 (IN $ MILLION)
FIGURE 19: NORTH AMERICA ASEPTIC PACKAGING MARKET, BY FOOD, 2021-2028 (IN $ MILLION)
FIGURE 20: NORTH AMERICA ASEPTIC PACKAGING MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 21: UNITED STATES ASEPTIC PACKAGING MARKET, 2021-2028 (IN $ MILLION)
FIGURE 22: CANADA ASEPTIC PACKAGING MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED STATES
- CANADA
- NORTH AMERICA
- MARKET BY TYPE
- CARTON
- BAGS AND POUCHES
- BOTTLES AND CANS
- VIALS, PREFILLED SYRINGES, AND AMPOULES
- MARKET BY MATERIAL
- PAPER & PAPERBOARD
- PLASTICS
- METALS
- GLASS
- MARKET BY END-USER
- BEVERAGE
- HEALTHCARE
- FOOD
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