According to Technavio’s latest market research study, the aseptic packaging market in Europe is expected to grow at a CAGR of more than 7% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the aseptic packaging market in Europe in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the product type
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The top three revenue contributing product segments are discussed below
Aseptic bottles packaging market in Europe: The aseptic bottles packaging market in Europe is anticipated to experience significant growth during the forecast period. The increased adoption of aseptically filled bottles is attributable to advantages such as ease of handling and shock resistance. Even though the market is being subjected to strong competition from other packaging materials that is cheaper to manufacture, technological innovations such as hot filling of products in PET bottles and aseptic cold filling in PET and high-density polyethylene (HDPE) boxes and bottles will facilitate further growth of the aseptic bottles packaging market in Europe over the next four years.
“The demand in the market is fueled by advances in techniques in the manufacture of polymer materials and the expansion of centralized retail distribution services. Products such as blow-molded bottles, dispensing caps, thin-wall packaging of boxes, and closures enhance the brand appeal of the products,” says Sharan Raj, a lead analyst at Technavio for research on packaging.
Aseptic vials and ampoules packaging market in Europe: Vials or ampoules are small hermetically sealed vessels or bottles made of glass or plastic that are used to store medicines in either liquid or powder form. Vials or ampoules can be further classified into two types – single dose and multi dose. The adoption of plastic over glass as the raw material for vials and ampoules is gaining traction in the aseptic vials and ampoules packaging market in Europe.
Aseptic prefilled syringes packaging market in Europe: Pharmaceutical companies consider prefilled syringes as the most appropriate way of injectable product. The growth of the market for aseptic prefilled syringes packaging in Europe is driven fundamentally by an uptake in the number of self-injecting patients and the development of biologic drugs. The market demand is concentrated in Europe that accounts for more than 70% of the global pre-fillable syringes market.
The top vendors operating in the global aseptic packaging market are:
- Amcor
- Bemis
- DuPont
- Reynolds Group Holdings
- Tetra Laval
Other prominent vendors in the market include Greatview Aseptic Packaging, Sealed Air, DS Smith, SIG Combibloc, Printpack, and Bosch.
A more detailed analysis is available in the Technavio report titled, ‘Aseptic Packaging Market in Europe 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global ESD Packaging Market 2017-2021
- Global Green Packaging Market 2017-2021
- Corrugated Box Market in the US 2017-2021
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