North America Aseptic Packaging Market Size & Outlook
North America aseptic packaging market, 2018-2030 (US$M)
Related Markets
North America aseptic packaging market highlights
- The North America aseptic packaging market generated a revenue of USD 7,246.7 million in 2023.
- The market is expected to grow at a CAGR of 7.6% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 7,246.7 million |
| Market revenue in 2030 | USD 12,096.8 million |
| Growth rate | 7.6% (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, North America region accounted for 30.2% 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 47.85% in 2023. Horizon Databook has segmented the North America aseptic packaging market based on paper & paperboard, plastics covering the revenue growth of each sub-segment from 2018 to 2030.
Aseptic packaging demand in North America is primarily driven by the pharmaceutical sector in the region. However, food & beverage segment is likely to grow at the highest rate owing to rising demand for packaged foods, beverages, dairy, and non- dairy products. Increasing adoption of aseptic lines at soft drinks, fruit juice, and various other food processing industries is expected to drive demand over the forecast period.
Elimination of stringent regulations that restricted establishment of new manufacturing units by the Government of Mexico has resulted in the development of new pharmaceutical manufacturing facilities of large-scale companies including Takeda, Daiichi Ranbaxy, and Astellas.
This governmental strategy has played an important role in driving domestic pharmaceutical industry growth, which is likely to fuel demand for aseptic packaging in the pharmaceutical application.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Aseptic Packaging Market Scope
Aseptic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America aseptic packaging market size, by country, 2018-2030 (US$M)
North America Aseptic Packaging Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
