Dairy Packaging Market Research Report - Forecast to 2030

Dairy Packaging Market Research Report Information By Material (Glass, Paper & Paperboard, Plastic and others), Type (Bottles, Cans, Pouches, Boxes and others), End-Use (Milk, Cheese, Butter, Frozen Products and others) and Region – Forecast till 2030

ID: MRFR/PNT/1501-HCR | 132 Pages | Author: Snehal Singh | March 2024         

Dairy Packaging Market Speak to Analyst Request a Free Sample

Global Dairy Packaging Market Overview


Dairy Packaging Market is expected to reach USD 97.63 billion by 2030, growing at a CAGR of 4.4% from 2022 to 2030.


Dairy packaging is the best-secured way of packing the products. This dairy packaging provides you the protection, security, information, and many more advantages. Delivering the product to the consumers in perfect condition is the main aim of the dairy packaging system. Along with this, it also provides information about product content, procedure, and ingredients information among others.


Due to their short shelf-life to dairy products, packaging plays an important role in distribution. The packaging should be done properly and effectively that prevents contamination and also becomes easy in storing and transporting. According to the requirements and convenience of consumers, the packaging industry witnessed the new packaging technologies. This packaging is specially designed to minimize the effect of variable temperature and protects from physical damage. This packaging industry is growing exponentially by increasing the demand for dairy products, processed foods, and beverages. During the forecast period (2022 to 2030), the dairy packaging market is expected to reach USD 97.63 billion at a 4.4% CAGR.


COVID-19 Analysis:


The COVID-19 outbreak causes huge revenue loss due to the shutdown of the packaging industry, disruptions of supply chains, and more. Safe processing, packaging, and transport of dairy products with constant monitoring and innovation is very important in this pandemic situation. Due to the partial or full lockdowns, the raw materials needed for production and delivery of the end products are halted, attract workers from quarantines. This increases the product prices and lowered the demand for dairy packaging.


Worldwide people have become more aware of the way of food packaging. People are interested in the aseptic package which protects from light, oxygen, moisture, air, and organisms. This technology rapidly increasing the demand for dairy packaging. Owing to the rising production activities, storing and distributing, the consumption of packaging materials is increased.


Competitive Landscape


List of the prominent key companies in the dairy packaging market are:



  • Ball Corporation (U.S)

  • Berry Plastics, Inc. (U.S)

  • Amcor Limited

  • E.I. du Pont de Nemours and Company (U.S)

  • Bemis Company Inc, (U.S)

  • Tetrapak Ltd (Switzerland)

  • International Paper (U.S)

  • MeadWestvaco Corporation (West Rock) (U.S)

  • Sealed Air Corporation (U.S)

  • Mondi PLC

  • Nampack Plastics

  • Ardagh Group (U.K) and

  • Rexam PLC (U.K)


One of the leading company Berry Global group acquired a subsidiary of Griffon corporation Clopay Plastic Products Company, Inc., for USD 475 million.


Dairy Packaging Market Dynamics:


Drivers:


Due to the growing population, the packaged dairy products are available through several retail channels which increases the demand for the dairy packaging market. Moreover, most of the consumers are preferring protein-based food with secured packaging which helps the adoption of dairy products across the globe. In addition, this packaging material avoids contamination and adulteration that increases the demand for the product.


For the convenience of packing items like ice cream, butter, yogurt, milk, etc, smaller packaging and PET bottles are available which increases the popularity of dairy packaging. Different types of flavored milk products are a very important aspect to rise the dairy packaging market growth. For better storage and transportation, proper and effective packaging is necessary. Rising awareness regarding fresh products along with inflating disposable income and urbanization results in the increase in demand for dairy packaging. Manufacturers are focussing on capturing the share in the global dairy trade through best-in-class international export and local production capabilities which rises the demand for better dairy-based packaging solutions.


Restraint:


Environmental legislation like the hazardous effects of plastics and non-biodegradable materials have raises concerns for both consumers and manufacturers. To overcome this problem, biodegradable, sustainable, and green packaging is preferred which focuses on thinner materials and is recycled after use.


Opportunities:


The rising population along with an increase in preferring protein-based products is the best opportunity to increase the demand over the dairy packaging market.


Challenges:


Different types of plastics are used in various applications which are hazardous to the environment. This problem should overcome by using biodegradable and sustainable packaging.


Study Objectives -



  • To provide detailed information about the dairy packaging market structure along with various forecast segments and subsegments for the next 10 years.

  • To provide the factors that are affecting the growth of the market value.

  • To analyze the market-based porter’s five force analysis, factors-price analysis, supply chain analysis, etc.

  • To provide history and forecast revenue segments and sub-segments of the market revenue for the five main geographies and their countries.

  • To provide the country-level analysis of the current dairy packaging market size and future prospective. 

  • To provide country-level analysis of the market growth by region, form, and application.

  • To provide a strategic profile of the key players in the market, analyze their core competencies, and draw a landscape of the global dairy packaging industry growth.

  • To track and analyze new product developments, strategic alliances, and global dairy packaging market research.


Dairy Packaging Market Segment Overview:


The global dairy packaging market research has been segmented based on the material, type, end-user, and region.


Based on Type


Based on the type, the global dairy packaging market is segmented into bottles, cans, pouches, boxes, and others. These are the different types of packaging that vary concerning the country, region, and convenience of the consumer’s product. These are packed in durable packaging for safety, easy storage, and handling and to avoid distribution damages.


Based on Material


Based on Material, the global market is segmented into glass, paper & paperboard, plastic, and others. The paperboard segment has high demand compared to others for its recyclable features. It provides extra protection to the stored product which increases the shelf life. Plastic is also used in various applications like healthcare, cosmetics, food & beverage, and others which has high demand in the market.


Based on End-user


The global market is based on the end-user segments into cheese, milk, butter, frozen products, and others. Among these, the milk packaging segment holds the largest share at a CAGR of 2.95% during the forecast period. This segment contributes nearly one-third of the global dairy packaging demand. Owing to the high content of moisture and minerals in milk, it is the most consumed dairy product around the world. So, it is challenging for vendors to store the milk for a long time. The demand for Cheese and frozen varieties of milk or milk products segments are followed after the milk segment.


Based on Region


The global market is based on the region segments into Europe, Americas, Asia-Pacific, and the Middle East & Africa. Out of these regions, the North American region holds the largest market share in the global market for the increased production and sale of dairy products like milk, cheese, yogurt, and so on.


Regional Analysis -


Based on the geography, the global dairy packaging market is segmented into the Americas, Asia-Pacific, Europe, and the Middle East & Africa. North America accounts for the largest and fastest-growing share in the market for its rise in production and sale of dairy products like milk, yogurt, and cheese. During the forecast period, the Asia-Pacific is expected to project the highest growth in the market for their increasing disposable income and population that has more demand for staple food. Developing countries like India, China, and Indonesia raise the purchasing power of customers for their high disposable income.


Recent Developments


April 2023: Tetra Pak, a leading provider of dairy packaging, announced a new plant-based aseptic packaging solution for dairy products. The new solution is designed to extend the shelf life of dairy products and make them more sustainable.

May 2023: Amcor, another leading provider of dairy packaging, launched a new range of recyclable paper-based dairy cartons. The new cartons are made from 95% paper and 5% plastic, and they are designed to be easily recycled.

June 2023: SIG Combibloc, a third leading provider of dairy packaging, announced a new partnership with the World Wildlife Fund (WWF) to develop more sustainable dairy packaging. The partnership aims to reduce the environmental impact of dairy packaging by 20% by 2025.


Report Overview:


This global dairy packaging research includes the Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent developments, Segmentation Table, and FAQs. The market dynamics include the market drivers, restraints, challenges, and opportunities. The dairy packaging market segments are type, material, end-user, and region.


Segmentation Table


The dairy packaging market outlook is segmented into type, material,end-user, and region.


By Type


Bottles, cans, pouches, boxes, and others


By Material


Glass, paper & paperboard, plastic, and others


By End-User


Cheese, milk, butter, frozen products, and others


By Region


Europe, Americas, Asia-Pacific, and the Middle East & Africa

Report Scope:

Report Attribute/Metric Details
  Market Size 2030 : USD 97.63 billion 
  CAGR  2030: 4.4% CAGR
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Material, Type, End-Use
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Amcor Limited , E. I. du Pont de Nemours and Company (U.S.), Ball Corporation (U.S.), Bemis Company Inc. (U.S.), Berry Plastics, Inc. (U.S.), TetraPak Ltd (Switzerland), International Paper (U.S.), Sealed Air Corporation (U.S.), MeadWestvaco Corporation (West Rock) (U.S.), Mondi PLC , Nampack Plastics, Rexam PLC (U.K.), and Ardagh Group (U.K.).
  Key Market Opportunities   Rising population with an increasing consumer preference towards protein-based products
  Key Market Drivers ·  Increasing disposable income ·  Increasing popularity of smaller multipacks




Frequently Asked Questions (FAQ) :

The market can record a significant growth rate in the years ahead.

The global market for dairy packaging can attain a valuation of more than USD 85.8 Billion by 2030.

The significant vendors in the global market are Berry Plastics, Inc. (U.S.), International Paper (U.S.), Mondi PLC, Nampack Plastics, Rexam PLC (U.K.), Amcor Limited, E. I. du Pont de Nemours and Company (U.S.), Sealed Air Corporation (U.S.), Ball Corporation (U.S.), Bemis Company Inc. (U.S.), TetraPak Ltd (Switzerland), Ardagh Group (U.K.), MeadWestvaco Corporation (West Rock) (U.S.), and others.

APAC is demonstrating the fastest growth in the global market.

Cosmetics, healthcare, food & beverage, and others like plastic packaging make extensive use of dairy packaging in the market.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Request Free Sample

Why Choose Market Research Future?

  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Speak to Analyst
Leading companies partner with us for data-driven Insights.
Client logo Client logo Client logo Client logo Client logo Client logo Client logo Client logo Client logo Client logo

Kindly complete the form below to receive a free sample of this Report

Please fill in Business Email for Quick Response
Invalid