Global Diary Product Packaging Market - 2021-2028
|出版日期||內容資訊||英文 180 Pages
|全球乳製品包裝市場：2021-2028 Global Diary Product Packaging Market - 2021-2028|
|出版日期: 2021年08月20日||內容資訊: 英文 180 Pages||
Diary Product Packaging Market Overview
The global diary product packaging market is estimated to reach US$ YY million by 2028 from the recorded market size of worth US$ YY million in 2020, growing at a CAGR of YY% during the forecast period (2021-2028).
Packaging provides protection, security, information and other benefits. The primary purpose of packaging is to offer products to users in perfect condition. At the same time, it also provides information about product content, ingredients information and procedure, among others. Moreover, packaging plays an essential role in the distribution of dairy products due to their short shelf-life. Proper and effective packaging limits contamination as well as is helpful in transportation and storage.
The dairy packaging industry has observed new packaging technologies as per the convenience and requirements of the users. In addition, the growing concern about food safety and quality results in a higher demand for safe and healthy products in the packaging market. Hence, companies in the dairy products packaging market bring innovative technologies to protect food for a long time. This technological advancement packaging system can speed up intelligent functions, including tracing, detecting, sensing, recording, and communicating, which can help to enhance quality and safety.
Diary Product Packaging Market Dynamics
The increasing inclination of consumers towards eco-friendly packaging due to stringent regulation is triggering the demand for diary product packaging in recent times. Growing demand for smaller multipacks creates a strong opportunity for the diary product packaging market growth.
Increasing demand for eco-friendly packaging is expected to increase the market size
With manufacturers and consumers in the dairy product manufacturers endeavoring eco-friendly solutions for packaging, biodegradable, sustainable materials are becoming frequently mainstream. While plastic widely continues as the dominant material, 100% recycled plastic has become a more popular option. Alternative bio-based materials are also gaining ground. For instance, Stanpac Inc. has revealed a bio-based polyethylene resin coating sourced from sugarcane as a vapor and moisture barrier, containing a large concentration of recycled fiber. Additionally, paperboard and cardboard packaging are also expected to gain ground for milk and ice-cream products. In addition, conventional formats will continue to compete with alternative materials to keep up with alterations in consumer demand.
Growing utilization of smaller multipacks in various end-user is expected to boost the market growth
The growing popularity of smaller multipacks and increasing consumer preference towards yogurt, ice cream, butter, and others raise the demand for packaging. In addition, the adoption of packaged food products is relatively higher, especially among the younger generation. Additionally, the growing adoption of packaged food products, increasing health issues due to malnutrition and rising demand for these products in the millennials act as the significant factors driving the dairy packaging market.
Moreover, the manufacturers focus on capturing a significant global market share by offering best-in-class international export and local production capabilities. The growing consumer preference towards fresh food and beverages products, adopting eco-friendly packaging to reduce their environmental impacts, and preserving natural resources and innovations in packaging such as modified atmosphere packaging with aseptic and antimicrobial properties influence the dairy packaging market.
Impose of strict regulation by government are expected to drive the market growth
The European Commission and the US EPA (Environmental Protection Agency) impose strict regulations towards limiting carbon gas emissions. That's why dairy product manufacturers are now shifting to eco-friendly packaging materials. Therefore, eco-friendly plastic packaging is a proper choice for manufacturers who do not want to compromise the product's shelf-life without preservation. The eco-friendly plastics are of the following three types-
Hazardous impacts of plastics & other non-biodegradable packaging are expected to hinder the market growth
However, the hazardous impacts of plastics and other non-biodegradable packaging materials have increased concerns among users and manufacturers. Therefore, companies are changing towards biodegradable and sustainable packaging materials. Manufacturers are utilizing green packaging solutions that focus on using thinner materials and promote recycling. Also, environmental law is expected to hinder the development of dairy products due to greenhouse-gas emissions from dairy activities, which account for a substantial share of the total emissions in some countries.
Diary Product Packaging Market Segment Analysis
By package type, the market is segmented into bags and wraps, bottles, cans, cartons & boxes, cups, films & wraps, pouches, tubes and others.
Glass bottles are the prime dairy packaging material for retail during the mid-17th century. Now, more than 75% of dairy packaging comprises plastic. The fast pace of changing food preferences and life justifies the consumer's demand for packaged food. Not only the area of dairy products has increased over time, but their shelf-life has also increased. Reason - Many improvements have been made in dairy packaging to preserve dairy products from internal and external conditions. Moreover, milk packaging is expected to witness significant growth due to the growing consumption of milk and milk-based drinks such as coffee, tea, hot chocolate, and a protein shake, among other products. Consumers prefer milk in natural form due to its key nutritional contribution to the diet, a significant calcium source and beneficial to improve bone health.
Diary Product Packaging Market Geographical Analysis
Based on the geography, the diary product packaging market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa. The demand for diary product packaging in the North American market is expected to remain at the dominant position in sales and value generation due to the growing volume of trade and e-commerce in countries such as the U.S.
North America holds the largest market share during the forecast period
North American holds the largest share in the global dairy packaging market due to the grown production and sale of dairy products, including cheese, yogurt and milk. Over the earlier few years, the consumption of dairy products in the U.S has grown, especially cheese, provolone, mozzarella and parmesan, which is expected to boost the dairy packaging market in the country. Moreover, the rapidly transforming consumer preferences towards packaged food and shifting economic scenarios significantly affect the US dairy packaging market. Significant expansion of dairy product portfolio, essentially into sports nutrition, and a growing number of casual users is expected to drive the market in this region. In addition, growing consumer preference for convenience foods such as pizza, cheese, packaged cheese slices and macaroni is expected to boost the regional demand for dairy packaging.
Europe holds the second-largest market share for the dairy packaging market and is expected to grow at a significant CAGR during the forecast period. From 2016-17, developed economies have observed an increment in the number of new non-GMO labeled dairy products by 14.85% year-on-year (YOY) basis. In November 2018, Germany-based Ekosem-Agrar AG launched EkoNiva Brand in Russia, especially for sour milk, kefir, butter, cheese, fresh milk, semi-hard cheese and yogurt. Such new suitable dairy products are predicted to expand the packaging industry in Germany and Russia during the next few years.
The Asia Pacific is expected to show the fastest growth in the global dairy packaging market and is expected to project the highest growth during the forecast period due to rising population and disposable incomes, which boost the demand for staple food in the region. Moreover, grown consumption of dairy products holds a prominent role in improving child nutrition and boosting the lives of farmers in the region. These trends are predicted to play a crucial role in the growth of the regional market. In addition, the grown standard of living and the aging population leads to the risen popularity of these markets. Hence, user dependence on processed, packed and pre-cooked food is expected to increase. Furthermore, India is the world's largest milk-producing country. In India, milk is an essential food, and the country produced 140 million tonnes in 2014, grown by around 3.9% over the previous year, which comprised about 16.85% of global production. It is anticipated to increase to 239.89 million tonnes in 2020. The market value for Indian milk products is estimated at approx. USD 10.9 billion.
Diary Product Packaging Market Competitive Landscape
The diary product packaging market is fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. Sealed Air Corporation, Huhtamaki Group, Berry Global Group Inc., Amcor plc, Ball Corporation, Mondi Group, WestRock Company, Bemis Company Inc., Saint-Gobain S.A., Saudi Basic Industries Corporation are the major player in the packaging market. The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the diary product packaging market globally.
Sealed Air Corporation
Overview: The company is in the business of protecting, solving critical packaging challenges, and making its world better than it found it. The company has approx. 16,500 employees with 106 manufacturing facilities in 117 countries/territories served and have more than 39 packaging design and application centers.
Easy-open, tab design
Straight or curved end seal or side seal available
Outstanding product visibility
No need for cutting tools reduces the risk of injury and cross-contamination
360-degree distortion-free graphics
Specific functions include cook-in, small portion, and bone-in protection
Maintains proper moisture levels and locks out oxygen
Available in roll stock shrink tubes and pre-made bags
Lock seal or easy-open choices
Bone guard bags, cook-in bags, and 40# cheese block gusseted bags available
It can be utilized as a primary or secondary packaging choice
Gauge and size versatility for a variety of products
The global diary product packaging market report would provide an access to an approx. 69 market data table, 76 figures and 180 pages.
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