Aseptic Packaging Market Estimated to Reach Us$ 80.49 Bn by 2024: Transparency Market Research

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Aseptic Packaging Market - Global Industry Analysis,

Size, Share, Growth, Trends, and Forecast 2016 - 2024

Published Date

18-Aug-2016

149 Page Report

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Pharmaceutical Industry to Remain Most Valuable End-use

Industry for Global Aseptic Packaging Market, reports TMR

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Aseptic Packaging Market

REPORT DESCRIPTION

Aseptic Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 2024

With Tetra Pak alone accounting for a share of over 65%, the competitive landscape of the global aseptic

packaging market features a markedly high level of consolidation and intense entry barriers for new vendors,

reports Transparency Market Research in a recent report. The highly complex manufacturing process and

requisition of high initial investments have also refrained many companies from venturing into the market for

aseptic packaging so far.

However, even though intense entry barriers exist on the global level, new vendors could make a mark by

introducing cost-effective product varieties as their entry strategy, especially in the highly lucrative emerging

markets. In the next few years, the vast growth opportunities in the global aseptic packaging market are likely

to attract new companies. Low cost of raw material and relatively cheaper labor in developing regions will

naturally be the most promising locations for establishing manufacturing units. Other key vendors operating in

the global aseptic packaging market include SIG Combibloc, Schott AG, Greatview Aseptic Packaging

Company, and Elopak.

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