Global Demand for Aseptic Packaging to Approach US$36 Billion in 2015
Year:2012 ISSUE:6
COLUMN:FINE & SPECIALTY
Click:202    DateTime:Feb.26,2013
Global Demand for Aseptic Packaging to Approach US$36 Billion in 2015
China Will Account for 28% of Global Market Value Gains   

World demand for aseptic packaging is projected to grow 9.1% per year to US$35.8 billion in 2015, according to a report by Freedonia Group, Inc. Advances will be driven by the increasing number of applications and the cost and convenience benefits associated with aseptic packaging. Strong growth is expected in developing countries, where the lack of a cold supply chain infrastructure will continue to fuel demand for shelf-stable products packaged aseptically.
   Beverages will continue to represent more than half of the global aseptic packaging market. Demand for aseptic packaging in beverage applications will benefit from output growth coupled with expanding applications resulting from cost and sustainability benefits of aseptic packaging, especially the ability for dairy and other perishable beverages to be moved via unrefrigerated trucks and stored at ambient temperatures. Gains in the food market will be driven by expanding applications with liquid, low-particulate and pumpable foods, often through the replacement of metal cans and glass jars. Demand for aseptic packaging in pharmaceutical applications will be fueled by preferences for unit-dose and other convenient drug delivery formats combined with the increasing availability and consumption of biotechnology-based drugs, which require the use of aseptic packaging to prevent contamination and assure product sterility.
   While the US accounted for only 15% of the world aseptic packaging market in 2010, the country represented one-third of the aseptic pharmaceutical packaging market.  Gains in the US will reflect the broadening aseptic filling requirements with liquid pharmaceuticals. Overall, the fastest growth in the aseptic packaging market will be seen in Asia, with India and China expected to experience the most rapid increases in the world. Between 2010 and 2015, China alone will account for 28% of global market value gains. Central and South America will also experience above-average advances.  Brazil in particular will continue to see double-digit annual growth through the forecast period and beyond, boosted by advances in the large beverage market and expanding food and pharmaceutical applications.

World Aseptic Packaging Demand  (million US$, %)
Item    2005    2010    2015    2005-2010 Annual growth    2010-2015 Annual growth
Aseptic Packaging Demand    14390    23200    35800    10.0    9.1
North America    2800    4570    6800    10.3    8.3
Western Europe    4180    5640    7430    6.2    5.7
Asia/Pacific    4230    7880    13420    13.2    11.2
Central & South America    1190    2000    3390    10.9    11.1
Eastern Europe    1060    1640    2510    9.1    8.9
Africa/Mideast    930    1470    2250    9.6    8.9