Dairy Packaging Market Forecasts to 2028 – Global Analysis By Product (Cartons, Pouches, Bags, Bottles, Jars, Cans), Application (Milk, Cheese, Butter and Ghee, Frozen Foods (Ice Cream)) and By Geography
According to Stratistics MRC, the Global Dairy Packaging Market is accounted for $67.93 billion in 2020 and is expected to reach $109.91 billion by 2028 growing at a CAGR of 6.2% during the forecast period. Factors such as growth in population, high spending on food and beverages, and inflating disposable income are driving the growth of the market. However, hazardous effects of plastics and other non-biodegradable packaging materials are hampering the growth of the market.
Packaging plays an important factor in the distribution of dairy products as they are known to provide protection, information as product content, procedure and ingredient information. The packaging is done to provide the food to the consumer in good condition. It assists in protecting food against chemical and biological damages.
Based on the type, the flexible segment is anticipated to expand at a rapid pace during the forecast period owing to the ability of the product to offer thinner, lighter, and compact packing along with its superior performance. By geography, North America is going to have high growth during the forecast period which can be attributed to the rapidly changing consumer preferences towards packaged food coupled with the increased consumption of dairy products.
Some of the key players profiled in the Dairy Packaging Market include Berry Global Group, Inc, Amcor PLC, Mondi, Huhtamaki Group, Ball Corporation, Winpak Ltd, Saudi Basic Industries Corporation, Sealed Air Corporation, Bemis Company, Inc.,Rexam, Stora Enso Oyj, Consolidated Container Company LLC, RPC Group, Greiner Packaging international GmbH, and International Paper Company.
Estimated Market Size in 2020:
USD 67.93 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 109.91 billion
Tables, Graphs& Figures
Raw Material, Type, Product, Category, Application and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Raw Materials Covered:
• Paper & Paperboard
• Cartons and Boxes
• Bags and Wraps
• Bottles, Jars, and Cans
• Tubs & Cups
• Butter and Ghee
• Cultured Products
• Frozen Foods (Ice Cream)
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Dairy Packaging Market is majorly driven by growth in population, high spending on food and beverages, and inflating disposable income.
The flexible segment is growing at a highest CAGR owing to the ability of the product to offer thinner, lighter, and compact packing.
North America dominated with a significant market share due to the factors such as rapidly changing consumer preferences towards packaged food and increased consumption of dairy products.
Asia Pacific market is growing at a highest CAGR owing to the increasing consumption of milk and dairy products in the region.
Key players in Dairy Packaging Market include Berry Global Group, Inc, Amcor PLC, Mondi, Huhtamaki Group, Ball Corporation, Winpak Ltd, Saudi Basic Industries Corporation, Sealed Air Corporation, Bemis Company, Inc.,Rexam, Stora Enso Oyj, Consolidated Container Company LLC, RPC Group, Greiner Packaging international GmbH, and International Paper Company.
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