Dairy Packaging Market Overview | Packaging Supplies, Sustainability, Industries, Manufacturers
Market Overview
In its research report, Market Research Future (MRFR),
emphasizes that over the review period, the global market 2020 is poised to
grow exponentially, securing a substantial market valuation and a healthy
CAGR.
Drivers and restraints
Because of their short shelf life, packaging plays
an important role in the distribution of dairy products. Proper and efficient
packaging both avoids contamination and is useful for storage and transport.
The Dairy Packaging
Overview has seen new packaging innovations according to the
consumer's requirements and convenience. The increasing availability of
packaged dairy products across various retail channels due to the rising population
with a growing customer demand for protein-based products are some of the
factors that lead to the worldwide adoption of dairy-based packaging.
Increasing popularity of smaller multipacks and growing customer preference for
yoghurt, ice cream, butter and others that are raising packaging demands. In
addition, manufacturers concentrate on gaining a substantial share of the
global market by offering the best-in-class foreign export and local
manufacturing capabilities. However, environmental regulation is expected to
hamper dairy product development due to greenhouse gas emissions from dairy
activities account for a large portion of total emissions in some countries,
and any changes in related policies may impact dairy production. The major
factors fueling the global dairy packaging market are rising disposable income
and rising customer preference for dairy product. Latest trend shows
manufacturers are concentrating on selling limited quantities of the goods. On
the market, various types of flavoured milk products play an significant role
in the development of the global market for milk packagingGrowing use of
packaging through industries such as food & beverage, healthcare, cosmetics
and so on, plastic packaging has become an integral part of usage. In addition,
it is generally recognized thanks to well-known properties such as high-cost
advantages, lightweight design and rubber. In addition, the need for increased
shelf-life and consumer preferences towards convenient packaging solutions is
increasing, with plastic packaging growing positively. Raising consciousness of
safety, rising urbanization, consumption of various dairy products resulting
from increased demand for fresh foods as part of a balanced diet are major
trends in the global market for dairy food packaging.
Segmental
Analysis
The global Dairy Milk Packaging market overview
is segmented based on type, material, end-use, and geography. On the basis of the
material, it is classified into glass, paper & paperboard, plastic, and
others. By the type, it is divided into bottles, pouches, cans, boxes, and
others. The end-user segment includes cheese, milk, frozen products, butter,
and others.
Regional Analysis
The global business regional analysis was conducted in
four major regions including Asia Pacific, North America, Europe and the rest
of the world.
Americas is the largest & fastest-growing dairy
packaging market, followed by Europe & Asia Pacific due to increased demand
for dairy products in all the region's forms. In addition, Asia Pacific shows
the fastest growth on the global dairy packaging market and is predicted to
project the highest growth over the forecast period. Rising disposable incomes
and population boosting the region's demand for staple food. In addition, the
growing standard of living and aging population further adds to the increasing
growth of these markets. In addition, higher disposable income raises the
buying power of consumers in developing countries such as India, China and
Indonesia. Consumer reliance on frozen, precooked, and packaged foods is
therefore likely to increase.
Competitive research
MRFR describes the major market players operating on the
global market Amcor Limited , E. I. du Pont de Nemours and Company (U.S.),
Ball Corporation (U.S.), Bemis Company Inc. (U.S.), Berry Plastics, Inc.
(U.S.), TetraPak Ltd (Switzerland), Sealed Air Corporation (U.S.),
MeadWestvaco Corporation (West Rock) (U.S.), International Paper (U.S.), Mondi
PLC , Nampack Plastics, Rexam PLC (U.K.), and Ardagh Group (U.K.).
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