The global milk packaging market was valued at $36,157 million in 2016, and is projected to reach at $49,809 million by 2023, growing at a CAGR of 4.6% from 2017 to 2023. Milk packaging has witnessed significant changes from traditional methods to new and innovative techniques. In addition, packaging can be done through glass bottles, plastic bottles, cans & cartons, and pouches for convenience of consumers. Milk packaging constitutes a crucial link between the manufacturers and end users for efficient & safe delivery of milk through different stages such as storage, transport, distribution, and marketing.
This report projects the trends & opportunities of the global milk packaging market. It includes the qualitative & quantitative analyses along with comprehensive research methodologies and reliable projections to understand the present overview, market growth, predict the market behavior during the forecast period.
The global milk packaging market is driven by increase in milk consumption across the globe coupled with change in lifestyles of consumers. Several ecological factors, such as increase in consumer expenditure and rise in environmental concerns among consumers boost the market growth. In addition, plummeting production costs of several milk packaging products, such as paper and plastic, along with ease of recycling drives the market growth. However, environmental concerns associated with the use of plastic bags are expected to hamper the market growth during the forecast period.
The global milk packaging market is segmented based on packaging type, material, and geography. Based on packaging type, it is categorized into cups, cans, bottles, pouches, and others. Based on material, it is classified into glass, plastic, metal, paperboard, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key market players in the global milk packaging market include
Tetra Pack
Amcor Limited
Indevco
Evergreen Packaging
Elopak
Ball Corporation
Clondalkin Group Holdings
Blue Ridge Paper Products
Crown Holdings
CKS Packaging
KEY BENEFITS:
This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to identify the prevailing market opportunities.
The key countries of each region have been studies based on the individual market revenue to understand the regional trends and market size.
This study evaluates the competitive landscape of the market to understand the competitive environment across geographies.
An in-depth analysis of each segment of the global milk packaging market is provided to assist the prevailing market opportunities.
KEY MARKET SEGMENTS:
By Packaging Type
Cups
Cans
Bottles
Pouches
Others
By Material
Glass
Plastic
Metal
Paperboard
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Spain
UK
Italy
France
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Korea
Rest of Asia-Pacific
LAMEA
Brazil
KSA
South Africa
Rest of LAMEA
The other players in the value chain (profiles not included in the report) include
DuPont (EI) de Nemours
Reynolds Group Holdings Limited
Alcoa Inc.
Saint-Gobain S.A.
Tetra Laval International S.A.
Consolidated Container
Essel Propack
Fabri-Kal
Exopack Holdings
Global Closure Systems
Graham Packaging
International Paper Company
Printpack
SF Holdings Group
SIG Combibloc Group
Winpak
Stanpac
RPC Group
Huhtamaki
Linpac Packaging
Fabri-kal
Sealed Air
*The above list of companies is not profiled in the report, and can be added based on client interest.