China Aseptic Packaging Market Size & Outlook, 2023-2030
China aseptic packaging market, 2018-2030 (US$M)
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China aseptic packaging market highlights
- The China aseptic packaging market generated a revenue of USD 2,211.7 million in 2023 and is expected to reach USD 4,186.2 million by 2030.
- The China market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, paper & paperboard was the largest revenue generating material in 2023.
- Paper & Paperboard is the most lucrative material segment registering the fastest growth during the forecast period.
Aseptic packaging market data book summary
| Market revenue in 2023 | USD 2,211.7 million |
| Market revenue in 2030 | USD 4,186.2 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Paper & paperboard |
| Fastest growing segment | Paper & Paperboard |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paper & Paperboard, Plastics |
Other key industry trends
- In terms of revenue, China accounted for 9.2% of the global aseptic packaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China aseptic packaging market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,186.2 million by 2030.
Paper & paperboard was the largest segment with a revenue share of 46.78% in 2023. Horizon Databook has segmented the China aseptic packaging market based on paper & paperboard, plastics covering the revenue growth of each sub-segment from 2018 to 2030.
The rapid growth of end-use industries in China such as pharmaceuticals, food & beverage and chemicals is anticipated to drive demand over the forecast period.
Increasing population coupled with rising average household incomes in the country are likely to drive demand for packaged and frozen food and beverage products, which in turn is anticipated to have a positive impact on the aseptic packaging market over the forecast period.
Increasing consumer concern about food associated with its quality, reliability, and safety is anticipated to propel packaging manufacturers to adopt more reliable technologies such as aseptic packaging. Growing demand advanced packaging technologies to replace traditional hotfill and pasteurization techniques to offer extended shelf life to the food and beverage products is expected to have a positive impact on the industry growth over the forecast period.
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Aseptic Packaging Market Scope
Aseptic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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China aseptic packaging market size, by material, 2018-2030 (US$M)
China Aseptic Packaging Market Outlook Share, 2023 & 2030 (US$M)
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