PET Packaging Market Trends, Size, Share Growth Insights, Industry Research and Business Forecast to 2029 The global PET packaging industry growth was valued at USD 37.85 billion in 2021. The market is projected to grow from USD 39.23 billion in 2022 to USD 55.46 billion by 2029, exhibiting a CAGR of 5.1% during the forecast period. This information is provided by Fortune Business Insights, in its report titled, “PET Packaging Market, 2022-2029.” Demand for PET Flexible Packaging as a Sustainable Solution to Gain Momentum Based on product type, the market is segmented into bottles & jars, caps & closures, trays & clamshells, bags & pouches, films & wraps, sachets & stick packs, and cans & containers. In terms of market share, the films & wraps segment holds a dominant share of the global market due to the rising usage of flexible packaging in online delivery. Demand for PET Containers in the Food & Beverage Industry to Gain Momentum Food & beverages segment is the dominant segment of the market. Prepared meals mainly lead the food & beverage packaging market due to easy portability, long shelf life, and easy preparation. Prepared food consists of frozen meals, snacks, drinks, and more. Report Coverage The report presents a holistic study of the market along with current trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, thorough regional analysis is offered. The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified, and their strategies to bolster the market growth are shared in the report. Driving Factors Food & Beverage Segment Expansion Along with Pharmaceutical Growth is Boosting Sales Leading companies in the pharmaceutical and food & beverage sectors have created innovative packaging solutions in response to consumer demand as a result of globalization. Due to rising preference for practical and portable options for transporting food in safety, PET packaging is predicted to see an increase in demand. In order to assure the safe handling of food and beverage goods, plastic packaging is being developed. Browse Detailed Summary of Research Report : https://www.fortunebusinessinsights.com/pet-packaging-market-104899

Aseptic Packaging Market Trends, Size, Share Growth Insights, Industry Research and Business Forecast to 2028 The aseptic packaging market growth was valued at USD 53.77 billion in 2020. The market is projected to rise from USD 59.06 billion in 2021 to USD 121.96 billion by 2028 at a 10.9% CAGR during the forecast period 2021-2028. Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled, “Aseptic Packaging Market, 2021-2028.” COVID-19 Impact Shutdown of Manufacturing Facilities to Dent Industry Outlook The COVID-19 pandemic had a massive toll on the expansion of aseptic packaging materials across developing and developed countries. The penetration of packaging technologies witnessed a dip, partly due to moderate demand from the food & beverage sector. That said, strong demand for sterilized packaged food products encouraged investments in the landscape. Industry players expect the healthcare industry to exhibit profound demand for packaging technology. Report Coverage The report highlights top-down and bottom-up approaches to offer a holistic view of product mapping of both emerging players and well-established companies. Besides, primary sources, including interviews with major stakeholders and opinion leaders, have also been used in the report-making. The report includes secondary sources, such as SEC filings, press releases and website reports, fostering the veracity of the report. The report includes qualitative and quantitative analysis to provide a comprehensive view of the global market. Drivers and Restraints Trend for Natural Food & Beverage Products to Bolster Industry Forecast Millennials and the Gen Z population are slated to exhibit traction for organic and natural food products in the ensuing period. The palpable shift towards natural food & beverage products has prompted the development of quality packaging that can keep food fresh. Stakeholders expect the solution to boost shelf life, fostering the aseptic packaging market growth. Moreover, soaring demand for pharmaceutical drugs has fared well for leading companies vying to bolster their footfall. Regional Insights Stakeholders Tap Asia Pacific Market to Gain Strategic Hold from Pharmaceutical Sector Leading companies are likely to explore potential growth opportunities across China, Japan, Australia and India, largely due to the demand from the pharmaceutical sector. Burgeoning population across the emerging economies could provide promising opportunities in the ensuing period. Besides, the growing footprint of bread & confectionary and cosmetics will trigger investments across Asia Pacific. The North America aseptic packaging market share will witness a commendable gain during the forecast period, partly attributed to investments in the healthcare sector. At the time when the demand for better healthcare has peaked in the U.S. and Canada, packaging technologies will continue to receive impetus. Information Source: https://www.fortunebusinessinsights.com/aseptic-packaging-market-106589

Aseptic Packaging Market Trends, Growth, Demand and Opportunities Analysis by 2028 The global aseptic packaging industry size was valued at USD 53.77 billion in 2020. The market is projected to rise from USD 59.06 billion in 2021 to USD 121.96 billion by 2028 at a Information Source: https://www.fortunebusinessinsights.com/aseptic-packaging-market-106589 https://www.globenewswire.com/en/news-release/2022/10/17/2535077/0/en/Aseptic-Packaging-Market-Expected-to-Hit-USD-121-96-Billion-by-2028-Exclusive-Research-Report-by-Fortune-Business-Insights.html