The Global Dairy Packaging Market Size Was Estimated At USD 62.56 Billion In 2018 And Is Expected To Grow At A CAGR Of 4.19% Over The Forecast Period.

Dairy Package Market Overview:

Dairy packaging is the safest way to package products. This dairy packaging provides protection, security, information and many more benefits. The primary goal of a dairy packaging system is to deliver the product to the consumer in perfect condition. In addition, information on product content, procedures, and ingredient information is provided.

Due to the short shelf life of dairy products, packaging plays an important role in distribution. Packaging must be adequate and effective to prevent contamination and facilitate storage and transportation. Driven by consumer demand and convenience, the packaging industry has witnessed new packaging technologies. This packaging is specifically designed to minimize the effects of varying temperatures and protect against physical damage. This packaging industry is growing exponentially with increasing demand for dairy, processed foods and beverages. During the forecast period (2022-2030)

Dairy Package Market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Dairy Package Market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• In June 2018, India's Ajanta Packaging was acquired by Huhutamaki Group for $15.5 million in cash. This acquisition helped him strengthen his position in the pressure sensitive label business.
• In June 2019, Amcor acquired Bemis Company Inc. called Amcor PLC (Amcor). This enhances Amcor's industry-leading value proposition and helps create significant value for shareholders by providing additional scale, functionality and space.

Major Market Segments Covered in Dairy Package Market Industry Research:

Market Key Players:
Amcor, Tetra Laval, SIG Combibloc, Elopak, Berry Global Group, Sealed Air Corporation, Berry Plastics Inc., DS Smith, Smurfit Kappa, Stora Enso, Ball Corporation, Mondi, Rexam, RPC Group, MeadWestvaco Corporation, Ardagh Group, Rexam Plc, AptarGroup, Sonoco, Silgan Holdings, CAN-PACK S.A.., And Others.

By Type:

• Bottles, Pouches, Cartons and Boxes, Bags and Wraps, Others

By Application:

• Milk, Cheese, Frozen Foods, Yogurt, Cultured Products

By Region:

North America accounted for the largest market share of 33.79% in 2018. The region is expected to increase consumption of dairy products such as flavored milk and flavored low-fat yogurt. The United States, the largest producer of milk, has seen a surge in cheese consumption; especially Italian varieties such as mozzarella, Parmesan, and provolone. Rising consumer preference for convenience foods such as pizza, macaroni and cheese, and packaged cheese slices is expected to drive the demand for dairy packaging in the region.

Asia Pacific is expected to witness growth due to rising consumption of milk due to its nutritional value, especially for children in major markets such as China and India. Increased dairy consumption is playing an important role in enhancing child nutrition and improving the lives of farmers in the region. In addition, dairy products rank among the top three in terms of gross merchandise value. These trends are expected to play a key role in the growth of the regional market.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Drivers:

Due to the growing population, packaged dairy products are available through several retail channels which increases the demand for the dairy packaging market. Most consumers also prefer protein-based foods in safe packaging, which helps with dairy adoption around the world. The packaging also prevents contamination and impurities that increase demand for the product.

Dairy packaging is growing in popularity as smaller containers and PET bottles are available for convenient packaging of items such as ice cream, butter, yogurt, milk and more. Different types of dairy products are a very important aspect to fuel market growth. Proper and effective packaging is required for better storage and transportation. Growing awareness of fresh products coupled with rising disposable income and urbanization is driving the demand for dairy packaging. Manufacturers are focused on gaining share in the global dairy trade with best-in-class international export and local production capabilities that increase demand for better dairy-based packaging solutions.

Restraint:

Environmental legislation, such as the harmful effects of plastics and non-biodegradable materials, is raising concerns for consumers and manufacturers alike. To overcome these challenges, biodegradable, sustainable and environmentally friendly packaging materials that are recycled after use are preferred, with an emphasis on thinner materials.

Opportunities:

Growing population along with increasing preference for protein-based products presents the best opportunity to boost the demand for dairy packaging market.

Challenges:

Different types of plastics are used in a variety of applications that are hazardous to the environment. This problem must be overcome by using biodegradable and sustainable packaging materials.

Dairy Package Market report scope:

Report Attributes	Details
Growth Rate	CAGR of 4.19% from 2022 to 2030.
By Type	Bottles, Pouches, Cartons and Boxes, Bags and Wraps, Others
By Application	Milk, Cheese, Frozen Foods, Yogurt, Cultured Products
By Companies	Amcor, Tetra Laval, SIG Combibloc, Elopak, Berry Global Group, Sealed Air Corporation, Berry Plastics Inc., DS Smith, Smurfit Kappa, Stora Enso, Ball Corporation, Mondi, Rexam, RPC Group, MeadWestvaco Corporation, Ardagh Group, Rexam Plc, AptarGroup, Sonoco, Silgan Holdings, CAN-PACK S.A..
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Key Takeaways from this Dairy Package Market Report

• Estimate Dairy Package Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Dairy Package Market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Dairy Package Market?

The Dairy Package Market is growing at a CAGR of 4.19% During the Forecast Period.

 What are the key types of Dairy Package Market?

Bottles, Pouches, Cartons and Boxes, Bags and Wraps, Others

What are the key applications of Dairy Package Market?

Milk, Cheese, Frozen Foods, Yogurt, Cultured Products            

Who are the key players in Dairy Package Market?

Amcor, Tetra Laval, SIG Combibloc, Elopak, Berry Global Group, Sealed Air Corporation, Berry Plastics Inc., DS Smith, Smurfit Kappa, Stora Enso, Ball Corporation, Mondi, Rexam, RPC Group, MeadWestvaco Corporation, Ardagh Group, Rexam Plc, AptarGroup, Sonoco, Silgan Holdings, CAN-PACK S.A.., And others.