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The Global Aseptic Market is expected to grow to a staggering $81.32 billion by 2022.

A thought provoking report has recently been published by The Market Research Store, which has analysed the current aseptic packaging market and valued it £21.35 billion in today’s climate. What’s more interesting is that it’s predicted to grow by an incredible 18.20% (Compound Annual Growth Rate) by 2022.

The ever increasing global population and availability of previously geographically limited items has intensified the need for innovative packaging solutions. Consumer demand for previously exotic and hard to get consumables has been satisfied by easier air travel and merging export markets. Put simply, more products (food/medicinal) are more available than ever before.

This is certainly the case in point for NewWave Packaging as the owners of the most cutting-edge, patented technology, which allows for packaging of liquid into a Stix™ format: a flexible, single-serve, portion pack which is aseptically filled and sealed. Historically, liquids like milk have been difficult to transport whereas it will now be possible to transport fluid substances to regions with hotter climates without the need for refrigerated transport .  The removal of these additional charges reduces costs throughout the supply chain and makes these products more available to the masses.

The report covers most aspects of aseptic packaging including cartons, bag in box, cans, bottles etc and focuses on some of the more recognisable names and major players in the industry. However, more difficult to quantify is how innovations such as NewWave’s offering will revolutionise the packaging industry and what opportunities it will open up for the Aseptic Market in flexible packaging technology.

Watch this space!