Dairy Packaging Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Dairy Packaging Market, By Application (Cheese, Milk, Butter, Frozen Products), by Type (Cans, Bottles, Pouches Boxes), Raw Material (Paper, Glass, and Paperboard, Plastic), Packaging Product (Flexible, Rigid,), By Region (Canada, U.S., Germany, Mexico, Argentina, Brazil, Indonesia, Turkey, Rest of South America, France, Italy, U.K., Belgium, Switzerland, Spain, Russia, South Africa, Philippines, Malaysia, Israel, Netherlands, Rest of Asia-Pacific, Egypt, South Korea, Rest of Europe, Japan, China, India, Australia, Saudi Arabia, Singapore, Thailand, U.A.E, Rest of Middle East and Africa) and Forecast to 2026

 

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Description

Dairy packaging market was valued at USD at 59.43 billion in the year 2018 and is anticipated to grow at USD 81.61 Billion till 2026 witness a CAGR of 4.02% during the forecaster period 2020-2026.

Global Dairy Packaging Market Overview:

Packaging plays significant role in the delivery of dairy products which are fresh and delicate in nature. Packaging protects any product from getting damaged. Packaging not only protects products from biological, chemical and physical sources but also attract the consumers simultaneously. Packaging works as an efficient marketing tool for building brand. It is not just the source of protecting products but also provide useful information like product ingredient, content and procedure information. Proper packaging always prevents contents from contagion and helps in proper transportation. Growing distribution of dairy products via organized retail channels increased the demand for dairy packaging around the world.  Packaging augments the marketability of the product.

 

Global Dairy Packaging Market Dynamics:

 

With increasing environmental concerns, the foremost dairy industries are adopting environmental packaging for lessening their environmental effect and for preserving natural resources. If we take an example, Nestle is working for making its packaging 100% recyclable till the year 2026 to help reducing the carbon footprints of the company. Foremost dairy industries are bringing products in suitable and pioneering packaging formats like clear tubs, tetra packs, glass bottles and squeezable pouches. Packaging manufacturers are bringing innovative products into the market like modified atmosphere packaging with aseptic and antimicrobial properties. Such kind of packaging helps in expanding the shelf-life of products under refrigeration storage preventing products from fungal contagion. All these factors will drive the market growth. The growing implementation of packaged food products, growing health problems because of malnutrition and increasing fame of such products lead to the booming of dairy packaging market growth.

 

Global Dairy Packaging Market Segmentation:

 

Breakup by Packaging Type:

 

  • Single-pack
  • Multi-pack

 

Based on packaging type, single-pack is dominating the market currently, obtaining huge market share.  Single packing is getting more popularity due to its features like portability, affordability and convenience.

 

Breakup by Packaging Material:

 

  • Flexible plastic
  • Glass
  • Paper and paper board
  • Rigid plastic
  • Metal
  • Others

 

Flexible plastic is the most well-liked kind of packaging material, based on packaging material as it is light-weight and is easy to store, carry and open.

Breakup by Product Type:

  • Liquid cartons
  • Bottles and jars
  • Pouches
  • Cups
  • Cans
  • Tubes
  • Others

Liquid cartons obtained the huge market share as packing of milk and other fluid dairy products is done in liquid paperboard (LPB) which is build from paperboard and plastic layers.

Breakup by Application:

  • Milk
  • Butter and ghee
  • Cheese
  • Cream
  • Yogurt
  • Ice-cream
  • Others

 

Milk dominated the market among other ones as it is taken extensively around the globe.

Regional Insights:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

 

According to region type, North America got the leading place in the market as substantial demand is there for packaged dairy products in the region.

Competitive Landscape:

There are many small and large manufacturers compete to make place in the market. A few of the prominent key industry players operating in the market include:

  • Mondi
  • Ball Corporation
  • Rexam
  • Bemis Company, Inc.
  • RPC Group
  • Amcor Limited
  • Tetra Pak International S.A
  • International Paper
  • Sealed Air
  • Nampak Ltd
  • Rexam plc
  • Ardagh Group
  • RPC Group Plc
  • Evergreen Packaging LLC
  • Industrial Development Company sal
  • Essel Propack Limited
  • Fabri-Kal
  • Coveries
  • Exopack Holdings
  • Global Closure Systems.

 


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