Global Dairy Products Packaging Market is valued approximately USD 31.14 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.40 % over the forecast period 2020-2027. Dairy Products packaging provides protection, identification, carrying and merchandising of products by using containers, cups, bottles and other related components. Increasing awareness among consumers for minimally processed food, healthy lifestyle and environmental friendly products have influenced the product demand positively. Developments in protected packaging formats, strict food safety regulations and various uses of milk and its derivatives highly influence the dairy products packaging market. The continuing demand for dairy products is driven by the following major trends – increase in disposable income, urbanization, rising demand for fresh foods as part of healthy diet.
Packaging manufacturers are introducing innovative products along with innovative packaging such as Modified Atmosphere Packaging (MAP) with antimicrobial properties. Manufacturers are intensively adopting eco-friendly packaging to contribute in sustainable development. For instance, according to the Nestle company source, in December 2019 Nestle committed to reduce its carbon footprints by 2025 through 100% recyclable packaging. . However, environmental legislation may hamper development of dairy products due to greenhouse-gas emissions from dairy activities and can impede the growth of the market over the forecast period of 2020-2027. Also, opportunity with the dairy product packaging has been driven by the extensive use of bioplastics and active packaging to achieve sustainable business.
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The regional analysis of global Dairy Products Packaging Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to widespread consumption of yogurt and flavored milk, and a massive dairy industry in the US contribute to demand.. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, population, increasing standard of living and ageing poplualtion would create lucrative growth prospects for the Dairy Products Packaging Market across Asia-Pacific region.
Major market player included in this report are:
Mondi
RPC Group
Ball Corporation
Bemis Company Inc.
Rexam
Amcor Limited,
Tetra Pack
Evergreen Packaging
Indevco
Berry Plastics
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type
Cartons & Boxes
Bottles
Jars
Pouches
Others.
By Application
Milk
Cheese
Frozen Products
Others
By Material
Glass
Metal
Paperboard & Paper
Plastic
Others
By Distribution Channel
E-Commerce
Specialty Retailers
Supermarkets & Hypermarkets
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
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