By Nick Gilbert
Research and Markets, a company providing market research solutions, has added a new report titled “Aseptic Packaging Market in China 2011-2015" to its report offering.
Analysts have forecast that the Chinese Aseptic Packaging Market is set to witness a Compound Annual Growth Rate (CAGR) of 11.7% in the period 2011 to 2015. A key factor driving this growth is the absence of cold chains in China to preserve the quality and aroma of food and extend its shelf life. Another major factor is the growing demand in China for dairy products like yoghurt and milk. These products are sensitive to microorganisms and hence require aseptic packaging. Vendors of aseptic packaging like Tralin Pak and Tetra Pak are already endeavoring to meet this growing demand by offering pet bottles and pouches for packing beverages.
While China is witnessing rapid increase in the number of entrants into the aseptic packaging market, a major limiting factor to market entry is the high capital cost necessary to install aseptic packaging equipment.
The report profiles major market players such as Tetra Pak, SIG Combibloc AG and Greatview (Tralin Pak) Aseptic Packaging. Some of the other vendors included in the report are Cangnan Longgang Tengxing Printing Factory, Capak Packaging, Shandong Bihai Packaging Materials, Golden Technology Printing, Dongguan Huifeng Plastic Bag, Jpak Group, Chaoan County Anbu Huiyang Plastic and Paper, Shanghai Skylong Packaging Machinery and Shikoku Kakoki.