North America Bulk Aseptic Packaging Market Size, Share, CAGR & Forecast Report for 2033
According to Future Market Insights (FMI), the North American bulk aseptic packaging market is estimated to reach a valuation of US$ 305.2 million in 2023. Over the next ten years, demand for bulk aseptic packaging in North America is projected to increase at 3.7% CAGR. By 2032, the total market value is likely to reach US$ 424.3 million.
The escalating demand for aseptic packaging solutions from the food and pharmaceutical sectors is acting as a catalyst triggering growth in the bulk aseptic packaging market.
Aseptic packaging refers to the process of sterilizing the packaging material and the contents separately and then filling the sterilized contents into the sterile package under aseptic conditions. This process helps in increasing the shelf life of the product and maintaining its nutritional value, taste, and quality.
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The demand for aseptic packaging solutions has been increasing rapidly in recent years due to the rising applications in packaged food and beverages, such as dairy products, juices, etc.
Growing concerns about food safety and the need to reduce food waste will also drive demand for aseptic packaging solutions.
Materials used in aseptic packaging are lightweight compared to most traditional packaging types. Not only does this help businesses in transit, it eases handling for the user as well.
Aseptic packaging uses lightweight and protective materials to reduce the shipping weight and eliminate the need to refrigerate products that require a cooler temperature during distribution.
Adoption of lightweight materials allows companies to cut down shipping costs by reducing shipping weight and eliminating the need to refrigerate products that generally need cooler environments during distribution.
Key Takeaways from North America Bulk Aseptic Packaging Market
- Bulk aseptic packaging demand in North America market is expected to rise at 3.7% CAGR through 2032.
- Based on capacity, big bags for IBC segment is expected to be the most attractive segment, exhibiting a CAGR of 3.9% through 2032.
- Based on material, polyethylene segment is likely to create an incremental opportunity of US$ 55.7 million through 2032.
- By application, juices segment is expected to exhibit a growth rate of over 4.2% CAGR over the forecast period.
- By end use, food and beverage segments are together expected to account for more than 85% of the market share in 2023.
- The United States bulk aseptic packaging market is forecast to exceed a valuation of US$ 365.3 million by 2032.
- Canada market is anticipated to exhibit a CAGR of 4.8% from 2023 to 2032.
“The expansion of the food industry in North America is expected to amplify the overall sales of bulk aseptic packaging. This is due to the ability of this lightweight and eco-friendly packaging to extend shelf life of products and eliminate need for preservatives. Packaging companies that will offer bulk aseptic packaging solutions are likely to emerge as winners over the projection period.”– says a lead analyst at Future Market Insights (FMI)
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North America Bulk Aseptic Packaging Market by Category
By Capacity:
- Bulk Bags for Drums (220 liters/55gl)
- Big Bags for IBC (800 to 1600 liters/280-330 gl)
By Material:
- Polyethylene (PE)
- Ethylene Vinyl Acetate
- Metallized-PET
- Ethylene Vinyl Alcohol
- Nylon
- Foil
By Application:
- Milk
- Juices
- Cream
- Yogurt
- Bakery and Confectionery Products
- Cereals
- Processed Fruits & Vegetables
- Liquid Egg Products
- Ice cream Mixes
- Baby Foods
- Medicines
- Oil
- Beauty Creams & Lotion
By End Use:
- Food
- Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
By Country:
- United States
- Canada
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