Title: Global Dairy Packaging Market Share, Size, Research Report And Forecast 2018-2023
1Global Dairy Packaging Market Fuelled by
Consumption of Packaged Food
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3Report Description and Highlights
Report Description
Global Dairy Packaging Market Fuelled by
Consumption of Packaged Food The global dairy
packaging market is currently experiencing a
healthy growth. This can be attributed to various
factors such as changing dietary habits,
increasing consumption of packaged food and
innovative packaging by manufacturers. Packaging
plays an important role in the distribution of
dairy products as they are perishable in nature.
Manufacturers have to make sure that these
products reach the end-consumer in proper
condition. Moreover, dairy packaging acts as a
barrier to protect the products against
distribution, chemical and biological damages.
Over the years, various packaging technologies
have been developed according to the requirements
and convenience of customers, ranging from tetra
packs and sachets to glass bottles. A new
research report by IMARC Group, titled Dairy
Packaging Market Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast
2018-2023, estimates that the global dairy
packaging market was worth US 21 Billion in
2017. The report further anticipates the market
to cross US 26 Billion by 2023, at a projected
CAGR of 3.5 over the forecast period.
4Report Description and Highlights
Report Description
- Global Dairy Packaging Market Drivers/Constraints
- There has been a rapid rise in the demand for
informational and convenient packaging which
provides details about usage, features, benefits
and ingredients added in the product. This is one
of the major factors which is driving the growth
of the global dairy packaging market. - Consumers have also become aware about the high
nutritional value of dairy products which has
resulted in a surge in their consumption,
particularly among health-conscious consumers.
This is, in turn, contributing towards an
augmented demand for high quality dairy packaging
across the globe. - Some of the factors which are positively
influencing the growth of the market include
adoption of biodegradable plastic by
manufacturers, improved standards of living,
rising disposable incomes as well as rapid
urbanisation. - However, ensuring compliance of sanitation and
product safety along with the rising prices of
raw materials acts as a hindrance towards the
growth of the market - Read more here https//www.imarcgroup.com/dair
y-packaging-market
5Report Description and Highlights
Report Description
Packaging Material Insights Dairy packaging is
performed by using various materials some of
which include flexible plastics, rigid plastic,
paper and paper board, glass and metal. Amongst
these, flexible plastics represent the largest
segment. Packaging Type Insights The
market has been further segregated on the basis
of packaging type which include single pack and
multi pack. Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
870flagB
6Report Description and Highlights
Report Description
- Application Insights
- Dairy packaging currently finds myriad
applications which include milk, cheese, frozen
product and cultured product. Milk dominates the
market, accounting for the majority of the share.
This is due to the rising consumption of
different varieties of cheese as well as
flavoured and UHT milk. - Regional Insights
- On a geographical front, North America represents
the largest market for dairy packaging. This can
be accredited to a significant rise in the
consumption of packaged food across the region.
North America is followed by Europe, Asia
Pacific, Middle East and Africa, and Latin
America. - Competitive Landscape
- The global dairy packaging market is highly
fragmented with the presence of numerous small
and large manufacturers who compete in terms of
prices and quality. Some of the leading players
operating in the market are - Ball Corporation
- Mondi
- Bemis Company, Inc.
- Rexam
- RPC Group
7Report Description and Highlights
Browse more related reports Food Packaging
Market https//www.imarcgroup.com/food-packaging-
market PET Bottle Market https//www.imarcgro
up.com/PET-bottle-manufacturing-plant
8Report Description and Highlights
Report Description
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