Europe Aseptic Packaging Market Size & Outlook, 2023-2030
Europe aseptic packaging market, 2018-2030 (US$M)
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Europe aseptic packaging market highlights
- The Europe aseptic packaging market generated a revenue of USD 6,459.0 million in 2023.
- The market is expected to grow at a CAGR of 7.2% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 6,459.0 million |
| Market revenue in 2030 | USD 10,541.6 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Paper & paperboard |
| Fastest growing segment | Paper & Paperboard |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paper & Paperboard, Plastics |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.9% of the global aseptic packaging market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,377.1 million by 2030.
Paper & paperboard was the largest segment with a revenue share of 49.77% in 2023. Horizon Databook has segmented the Europe aseptic packaging market based on paper & paperboard, plastics covering the revenue growth of each sub-segment from 2018 to 2030.
Economic crisis in the region has resulted in decline of the pharmaceutical industry in France, Germany and Italy, which is expected to affect pharmaceutical market in the region. However, the region is adoptive for new technologies and the government in the region has put strict regulations to maintain food safety and standards, which is anticipated to drive demand for aseptic packaging over the forecast period.
Growing consumer demand for plant-based products with high nutritional values is expected to drive the dairy alternatives market growth over the forecast period. The consumers in the European region are more concern about the nutritional values associated with the food and beverage products.
Aseptic packaging extended shelf life for this food and beverages without the addition of preservatives and additives. As a result, demand for aseptic packaging in Europe is expected to grow at a significant rate over the next eight years.
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Aseptic Packaging Market Scope
Aseptic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe aseptic packaging market size, by country, 2018-2030 (US$M)
Europe Aseptic Packaging Market Outlook Share, 2023 & 2030 (US$M)
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