The South American aseptic packaging market is expected to grow at a CAGR of 6.37%, reaching a market size of US$6.254 billion in 2029 from US$4.593 billion in 2024.
The aseptic packaging market is witnessing steady growth due to the high demand for food and beverage imports from economies such as Argentina, Brazil, and Mexico. These countries also receive maximum foreign direct investments, which have further facilitated the sustenance of supply-side aspects of the food and beverage sector to meet the growing demand for exotic foods. This is also because the population in these nations now has a high disposable income, which has aided them in diversifying their dietary patterns from traditional ones to exotic kinds.
Moreover, the rising middle-class population has increased aseptic packaging usage, thereby leading to its market growth. Because of this increased urbanization or redevelopment efforts, which are leading to changes within neighbourhoods, people are demanding more ready-to-eat items. This gradual severance of local produce and the inclination towards convenience food due to the fast pace of life are resulting in an uptick in packaged food consumption.
Moreover, the increasing frequency of purchasing through online channels further drives the importance of personal care product packaging. To this end, the aseptic packaging market is estimated to witness significant growth during the forecast period. Despite the prevalence of spurious products, which do not adhere to any rules and regulations of packaging that may dampen the growth, the aseptic packaging market is still slated for healthy growth due to rising consumer awareness.
Further, the frequency of new product launches concerning colour cosmetics, fragrances, and hair-care concentrates will augment the aseptic packaging market’s growth during the forecast period. Thus, with the premium products segment gaining ground along with exotic brands, the personal product category is poised to drive this market.
The aseptic packaging market is witnessing steady growth due to the high demand for food and beverage imports from economies such as Argentina, Brazil, and Mexico. These countries also receive maximum foreign direct investments, which have further facilitated the sustenance of supply-side aspects of the food and beverage sector to meet the growing demand for exotic foods. This is also because the population in these nations now has a high disposable income, which has aided them in diversifying their dietary patterns from traditional ones to exotic kinds.
Moreover, the rising middle-class population has increased aseptic packaging usage, thereby leading to its market growth. Because of this increased urbanization or redevelopment efforts, which are leading to changes within neighbourhoods, people are demanding more ready-to-eat items. This gradual severance of local produce and the inclination towards convenience food due to the fast pace of life are resulting in an uptick in packaged food consumption.
South American Aseptic Packaging Market Drivers:
- Shifting trends toward packaged foods and beverages
South American Aseptic Packaging Market Geographical Outlook
- Brazil is expected to grow rapidly during the forecast period.
Moreover, the increasing frequency of purchasing through online channels further drives the importance of personal care product packaging. To this end, the aseptic packaging market is estimated to witness significant growth during the forecast period. Despite the prevalence of spurious products, which do not adhere to any rules and regulations of packaging that may dampen the growth, the aseptic packaging market is still slated for healthy growth due to rising consumer awareness.
Further, the frequency of new product launches concerning colour cosmetics, fragrances, and hair-care concentrates will augment the aseptic packaging market’s growth during the forecast period. Thus, with the premium products segment gaining ground along with exotic brands, the personal product category is poised to drive this market.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive IntelligenceReport Coverage:
- Historical data & forecasts from 2022 to 2029
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
Key Market Segmentation:
The South American aseptic packaging market is segmented and analyzed as below:- By Packaging Material
- Paper
- Plastic
- Glass
- Metal
- By Product
- Bottles
- Cartons and Boxes
- Bags
- Pouches
- Syringes
- Vials & Ampoules
- Cans
- Others
- By Application
- Food
- Beverage
- Pharmaceutical and Healthcare
- Others
- By Geography
- Brazil
- Argentina
- Columbia
- Others
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. SOUTH AMERICA ASEPTIC PACKAGING MARKET BY PACKAGING MATERIAL
6. SOUTH AMERICA ASEPTIC PACKAGING MARKET BY PRODUCT
7. SOUTH AMERICA ASEPTIC PACKAGING MARKET BY APPLICATION
8. SOUTH AMERICA ASEPTIC PACKAGING MARKET BY GEOGRAPHY
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
10. COMPANY PROFILES
Companies Mentioned
Some of the key companies profiled in this South America Aseptic Packaging Market report include:- Amcor
- BAE Systems (Ball Corporation)
- Tetra Laval
- Reynolds Group
- Greatview Aseptic Packaging
- Ecolean Packaging
- Sealed Air (SEE) (Liquibox)
- Goglio SpA
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 120 |
Published | September 2024 |
Forecast Period | 2024 - 2029 |
Estimated Market Value ( USD | $ 4.59 billion |
Forecasted Market Value ( USD | $ 6.25 billion |
Compound Annual Growth Rate | 6.3% |
No. of Companies Mentioned | 9 |