Global Dairy Product Packaging Market Analysis 2015 - 2025

 

According to a report published this past week by Future Market Insights, Valley Cottage, N.Y., USA, titled Dairy Products Packaging Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025, demand for dairy packaging is expected to rise during the forecast period primarily due to growth in offerings of dairy items in smaller packs, increasing disposable income. Also, the demand for packaging is surging because of growing popularity of smaller packs and rising consumer preference for dairy products such as yogurt.

However, some of the major restraining factor of the dairy food packaging market are rising cost of raw material, ensuring compliance for product safety, sanitation, and worker safety. Growing awareness about health, increasing urbanization, and consumption of various dairy products resulting from rising demand for fresh foods as part of a healthy diet are major trends of the dairy food packaging market.

The global dairy packaging market is segmented on the basis of type, material, application, and region. On the basis of type, the dairy food packaging market is segmented into tubsand cups, bottles, cans, pouches, carton and boxes and others.

Carton and boxes (paperboard) are sub-segmented into tabletop cartons, folding cartons, and aseptic packages.

On the material the market material the market is segmented into glass, plastic, metal, paperboard, and others. On the basis of region, the market is segmented into North America, Latin America, Western Europe, Asia-Pacific, Japan and Middle East, and Africa.

Asia-Pacific is expected to exhibit highest CAGR in the global dairy packaging market during the forecast period due to growing R&D facility. In emerging economies China and India are anticipated to lead this growth trend in Asia-Pacific while Brazil is expected to drive the dairy packaging market by 2015 in Latin America due increasing consumer consciousness regarding benefits of health drinks and their packaging types and material used. North America and Western Europe are major market for dairy packaging but are expected to witness slower growth rate by 2025.

Some of the prominent players in the global dairy product packaging market are Ball Corp., DuPont (EI) de Nemours, Reynolds Group Holdings, Crown Holdings, Amcor, Alcoa, Saint-Gobain S.A., and Tetra Laval International S.A., to name a few. Key players have adopted a strategy of partnership, merger, and acquisition to expand the company’s product portfolio and maintain a good supply chain of the products worldwide. Companies are also launching new products to cater the growing demand for unique and portable packaging.

Vendors in the dairy products packaging market are constantly upgrading their technologies and packaging materials to prevent the dairy products from impurity. More information about this report is available online.