The Latin America aseptic packaging market is expected to grow at a CAGR of 12.37% during the period 2017 - 2022. Brazil is the biggest market in terms of revenue with more than 40% of the market share followed by Argentina.
The economy of Latin America has grown from 2.9% in 2014 to 3.7% in 2016. The steady growth in this region for some years and stable economic policies has improved the lives of millions. The poverty rate has also declined from 42% in 2000 to 25% in 2012 and the middle class has increased from 22% to 34% in the same time. The FDI in this region received USD 173.36 billion in 2012 which is 6.7% more than 2011. This accounts for 12% of the global flows.
This increase in middle-class population and the growth in the economy mean higher income for the people and also increase in urbanization. As urbanization is increasing, people are getting farther away from the producers of food. This is where aseptic packaging will help to retain the freshness of the products.
The increasing demand for longer shelf life products from consumers and retail outlets coupled with environmental concerns and laws are forcing manufacturers are the core drivers to aseptic packaging as it helps in addressing these concerns while maintaining the required established quality standards.
The major problem with this market is the striking socio-economic differences. The regions close to the urban areas have high GDP per capita which is very much different from the other regions. Also, Brazil, Mexico and Argentina are the major driving forces of the region and the other countries are still not the major drivers in terms of economy and FDI. With this region getting a lot of investment and support from countries like the USA, the economic situation will improve and create more economic hubs across the region.
Some the major vendors in aseptic packaging are Amcor, Bemis, Krones, Bosch, CFT and DuPont. Some other companies with innovative products mentioned in the report are Evergreen Packaging, Lamican, Wild Flavours GmbH and Graham Packaging Company.
Demand for longer product shelf life, expansion of large multinational companies to emerging markets and new innovative packaging technologies are the major drivers for the high growth of the aseptic packaging market.
Concern about the environmental effects of aseptic packages; increased government regulations regarding the recycling of these materials. Further, rising raw materials cost will be a major challenge for the market growth over the coming years.
Reasons to Buy this Report
The report gives complete market insights, the driving forces of the market, the challenges market faces, about different aseptic packaging technologies and their applications.
It gives market trends by the type of aseptic packaging technology and by applications.
The report also gives information on major vendors of aseptic packaging products, their existing share in the market, strategies they adopt along with the major products, financials, recent developments and profile of these vendors.
Who is this report useful to?
Vendors who are into manufacturing of these products as they can get an overview of what competitors are doing and also which markets they can look forward to expanding their operations.
Processed food suppliers in need of better understanding of different technologies and products.
Investors who are willing to invest in this market.
Consultants who can have readymade analysis to guide their clients.
Anyone who wishes to know more about this market.
1.1 KEY FINDINGS
1.2 EXECUTIVE SUMMARY
2. RESEARCH METHODOLOGY
3. MARKET INSIGHTS
3.1 MARKET OVERVIEW
3.2 FACTORS DRIVING THE MARKET
3.2.1 LARGE MULTINATIONAL COMPANIES ARE EXPANDING THEIR
OPERATIONS TO EMERGING MARKETS
3.2.2 DEMAND FOR LONGER SHELF LIFE OF THE PRODUCTS
3.2.3 IMPROVED TECHNOLOGIES IN THE PACKAGING AND PROCESSING OF
3.3 FACTORS RESTRAINING THE MARKET
3.3.1 INITIAL COSTS ARE HIGH
3.4 INDUSTRY VALUE CHAIN ANALYSIS
3.5 INDUSTRY ATTRACTIVENESS – PORTER’S FIVE FORCES
3.5.1 BARGAINING POWER OF SUPPLIERS
3.5.2 BARGAINING POWER OF CONSUMERS
3.5.3 THREAT OF NEW ENTRANTS
3.5.4 THREAT OF SUBSTITUTE PRODUCTS OR SERVICES
3.5.5 COMPETITIVE RIVALRY AMONG EXISTING COMPETITORS
4. TECHNOLOGY OVERVIEW
4.1 TECHNOLOGY SNAPSHOT
4.2 INDUSTRY APPLICATIONS
5. ASEPTIC MARKET SEGMENTATION BY PACKAGING MATERIALS USED
6. ASEPTIC MARKET BY PACKAGING TYPE – SHARES AND FORECAST
6.1 CARTON BOXES
6.2 BAGS AND POUCHES
6.3 CUPS AND TRAYS
6.4 BOTTLES AND JARS
6.5 METAL CANS
6.6 PLASTIC CANS
6.7 COMPOSITE CANS
7. ASEPTIC MARKET BY END USER INDUSTRY
7.4 MEDICAL DEVICES
8. ASEPTIC PACKAGING MARKET FORECAST, TRENDS AND SHARE
BY GEOGRAPHICAL REGIONS
8.1 LATIN AMERICA
9. VENDOR MARKET SHARE
10. COMPANY PROFILES
10.2 BEMIS COMPANY
10.3 KRONES, INC.
10.5 CFT S.P.A
10.6 COESIA S.P.A
10.7 DS SMITH PLC
10.8 ASEPTIC SOLUTIONS USA
10.9 SCHOTT AG
10.10 GOGLIO S.P.A
10.12 TETRA LAVAL
10.13 GREATVIEW ASEPTIC PACKAGING
10.14 REYNOLDS GROUP HOLDINGS
10.15 INDUSTRIA MACCHINE AUTOMATICHE S.P.A.
11. INVESTMENT ANALYSIS
11.1RECENT MERGERS AND ACQUISITIONS
11.2 INVESTOR OUTLOOK
12. FUTURE ASEPTIC PACKAGING MARKET