Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 62,852.80 Million | USD 114419.0395 Million | 10.50% | 2021 |
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It is also environmentally beneficial. Furthermore, it preserves the integrity of the contents packed inside and does not require preservatives, making it a boon to the worldwide aseptic packaging industry. Governments from all over the world have boosted their spending on healthcare.
According to the Market Research report, the global market was worth around USD 62,852.80 million in 2021 and is estimated to grow to about USD 114419.0395 million by 2028, with a compound annual growth rate (CAGR) of approximately 10.50 percent over the forecast period.
Due to huge pharmaceutical production base and ability to provide technological breakthroughs to pharmaceutical packaging, the North American area is also one of the largest for the pharmaceutical sector. In the pharmaceutical, healthcare, and biotechnology industries, the United States has been one of the top R&D spenders.
Some of the main competitors dominating the global Aseptic Packaging market include - Amcor Limited, Bemis Company, Inc., Robert Bosch Gmbh, E.I. Du Pont De Nemours And Company, Tetra Laval International S.A., Becton, Dickinson And Company, Greatview Aseptic Packaging Co., Ltd., Industria Macchine Automatiche S.P.A, Reynolds Group Holding, Schott Ag and Ds Smith Plc.
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