Dairy Packaging Market Overview
Packaging provides protection, information, security, and other benefits. The main purpose of packaging is to provide products to the consumers in perfect condition. At the same time, it also provides information about product content, procedure, and ingredients information among others. Packaging plays an important role in the distribution of dairy products due to their short shelf-life. Proper and effective packaging prevents contamination as well as it is helpful in storage and transportation.
The dairy packaging industry has witnessed new packaging technologies as per the requirements and convenience of the consumers, According to MRFR analysis dairy packaging market reached a value of over USD 25 billion in the forecasted period.
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The rising availability of packaged dairy products through various retailing channels owing to the rising population with an increasing consumer preference towards protein-based products are some of the factors helping the adoption of dairy-based packaging across the globe. Increasing popularity of smaller multipacks and rising consumer preference towards yoghurt, ice cream, butter and others surging the demand for packaging.
Some of the key players in the global dairy packaging market report include
- 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)
- International Paper (U.S.)
- Sealed Air Corporation (U.S.)
- MeadWestvaco Corporation (West Rock) (U.S.)
- Mondi PLC
- Nampack Plastics
- Rexam PLC (U.K.)
- Ardagh Group (U.K.).
Regional Analysis of Global Dairy Packaging Market
Americas is the largest & fastest growing market for dairy packaging, followed by Europe & Asia Pacific due to increased demand for produce dairy products in all the forms in the region. Moreover, Asia Pacific is showing the fastest growth in the global dairy packaging market and is anticipated to project the highest growth during the forecast period. Increasing disposable incomes and population, which fuels the demand for staple food in the region. Furthermore, the increased standard of living, ageing population leads the increased popularity of these market further. Moreover, higher disposable income in developing countries such as India, China, and Indonesia increases the purchasing power of customers. Hence, consumer dependence on processed, pre-cooked, and packed foods is likely to increase.
Dairy Packaging Market Segmentation
The global Dairy Packaging Market is segmented based on material, type, 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, cans, pouches, boxes, and others. The end-user segment includes milk, cheese, butter, frozen products, and others. Based on the geography, the global market segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa.
The dairy packaging market has witnessed a prospective growth over the last few years. As per the MRFR analysis, the market is likely to retain the similar growth rate during the forecast period. In the report, the market is catogorized into the material which includes glass, paper & paperboard, plastics, and others.
Increasing usage of packaging across industries such as food & beverage, healthcare, cosmetics, and others, plastic packaging has become an essential part of usage. Moreover, owing to well-known properties such as high-cost benefits, lightweight nature, and plastic is widely accepted. Additionally, rising need for increased shelf life and consumer preferences towards convenient packing solutions, plastic packaging growing positively.
January 2018 –has pledged to develop all its packaging to be recyclable or reusable by 2025 and has also planned to focus on significantly increasing its use of recycled materials.
November 2017 – Berry Global Group acquired Clopay Plastic Products Company, Inc., a subsidiary of Griffon Corporation for USD 475 million.
Table Of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain Of Global Dairy Packaging Market
5 Industry Overview Of Global Dairy Packaging Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
5.5 Impact Analysis
LIST OF TABLES
Table 1 World Population By Major Regions (2015 To 2030) (Billion)
Table 2 Global Dairy Packaging Market: By Region, 2014-2022 (USD Billion)
Table 3 Global Dairy Packaging Market: By Region, 2014-2022 (Kt)
Table 4 North America Global Dairy Packaging Market: By Country, 2014-2022 (USD Billion)
Table 5 Europe Global Dairy Packaging Market: By Country, 2014-2022 (USD Billion)
Table 6 Asia-Pacific Global Dairy Packaging Market: By Country, 2014-2022 (USD Billion)
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