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Dairy Packaging Market to Rise due to Growing Demand for Milk, Cheese due to Health BenefitsMarket Research Future (MRFR) has released a new market research report on the global dairy packaging market. The report provides detailed insights into the development prospects of the global dairy packaging market over the forecast period on the basis of a detailed analysis of the market’s historical development and the factors currently determining the market’s growth by either aiding or hindering it. The key players operating in the global dairy packaging market are also profiled in the report to provide readers with a clear picture of the competitive strategies being put to use in the dairy packaging market and the competitive hierarchy of the players operating in the market. Leading segments of the global dairy packaging market are also studied in the report to familiarize readers with the granular structure of the market.
The global dairy packaging market is expected to reach a value of more than USD 25 billion over the forecast period 2018-2023.
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Dairy packaging is a crucial component of the dairy industry’s product lifecycle, as dairy products are prone to spoiling and can be easily contaminated as well. Dairy packaging has thus been an integral part of the dairy industry since its inception. The dairy packaging market is expected to rise at a steady rate over the forecast period due to the growing demand for dairy products around the world. The increasing awareness about the benefits of dairy products and increasing marketing campaigns by dairy manufacturers are likely to remain the key drivers for the global dairy packaging market over the forecast period.
Innovation in dairy packaging is likely to be a key feature of the market in the coming years. Developing packaging that is easy to store, transport, as well as open and consume is the key motto for players operating in the dairy packaging market. Constant fluctuation in product design is likely to remain a key feature of the global dairy packaging market in the coming years.
Competitive Analysis:
Leading players in the global dairy packaging market include -
• Amcor Limited
• Ball Corporation
• Berry Plastics Inc.
• International Paper
• MeadWestvaco Corporation
• Nampack Plastics
• Ardagh Group
• Rexam plc
• Mondi plc
• Sealed Air Corporation
• TetraPak Ltd.
• Bemis Company Inc.
• E. I. DuPont de Nemours and Company
Industry Updates:
In January 2018, Amcor became the first packaging company to pledge to make all its products recyclable or reusable, setting itself a deadline of 2025 for the same.
In November 2017, Berry Group acquired Clopay Plastic Products Company.
Segmentation:
The global dairy packaging market is segmented by material, type, end use, and region.
By material, the global dairy packaging market is segmented into glass, paper and paperboard, plastic, and others. Plastic is likely to remain the most popular material in the dairy packaging industry in the coming years. Plastic presents several advantages over other packaging materials currently in use in the global dairy packaging market: it is lighter than glass and also doesn’t shatter if dropped. It is also highly moisture resistant, as opposed to paper and paperboard. The convenience of plastic in storing and transporting dairy products is likely to make it the material of choice in the global dairy packaging market over the forecast period.
By type, the global dairy packaging market is segmented into bottles, cans, pouches and boxes, and others.
By end use, the market is segmented into milk, cheese, butter, frozen dairy products, and others.
Regional Analysis:
Regionally, the global dairy packaging market is segmented into the Americas, Europe, Asia Pacific, and the Middle East and Africa. The Americas segment is likely to remain on top of the global dairy packaging market over the forecast period due to the growing demand for dairy products, including milk as well as various types of cheeses. The growing awareness about the health benefits of milk is likely to remain a key driver for the dairy packaging market in the Americas region over the forecast period.
Europe is also likely to be a major regional market for dairy packaging over the forecast period, due to the demand for not only milk, but various types of cheese. Europe is the cheesemaking capital of the world, with several popular and historic cheeses being produced in countries such as Italy, France, and the UK. The growing demand for cheeses, butter, and milk, in addition to other dairy products, is likely to be a major driver for the dairy packaging market in Europe over the forecast period.
Asia Pacific is also likely to play a key role in the development of the global dairy packaging market over the forecast period due to the increasing disposable income of consumers in countries such as India, China, Indonesia, Japan, Korea, and Thailand, which has driven the demand for packaged milk products. Milk has been a dietary staple in this region for centuries, which has been crucial in advancing the cause of the dairy packaging market.
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Table Of Contents:
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
Continued...........
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)
Table 7 Row Global Dairy Packaging Market: by Country, 2014-2022 (Usd Billion)
Table 8 Global Dairy Packaging Market: by Regions, 2014-2022 (Usd Billion)
Continued.........
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Contact Info:
Name: Abhishek Sawant
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Organization: Market Research Future
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Website: https://www.marketresearchfuture.com/reports/dairy-packaging-market-2033
Release ID: 470040
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