Dairy Products Packaging Market is set to garner staggering revenues by 2027
Dairy products are perishable as they have short shelf life. Packaging plays a vital role in distribution and storage of several dairy products. Packaging for dairy products is evolving at a faster rate and is driven by increasing demands from consumers for convenient, robust and lightweight packaging and also by industries for affordable and sustainable packaging material.
Report Overview @ https://www.xploremr.com/report/740/dairy-products-packaging-market
We have researched upon the packaging industry as a whole and its application in dairy products. The dairy product packaging sector is a lucrative one with a changing scenario across various regions around the globe. In our research, we have included analysis on various applications of packaging in the dairy industry, various material used for packaging as well as various product forms of packaging.
In our recent analytical research report on global dairy packaging market, we have highlighted the future growth trajectory of the global market for packaging with respect to the dairy industry. According to us, the global market for dairy products packaging is estimated to touch a multi-billion dollar milestone in the coming years. It reflected a value a little lower than US$ 30 Bn in 2017 and is projected to expand at a value CAGR of 4.5% throughout the forecast period to reach an estimate of over US$ 43 Bn by 2027 end.
Plastic to be largely used material type in the packaging of dairy products across the globe
Plastics are widely used material for packaging of dairy products owing to high resilience and ruggedness. Moreover, plastic material offer convenience in transportation, distribution and storage of dairy products. They are light in weight than other packaging types, making it easy for the carrier to handle bulky dairy products. Various plastic packaging types are used, for instance, plastic pouches, plastic films, plastic wraps, plastic tubs and cups. In addition, they are cost effective, which is one of the main aspects for industries opting for plastic packaging.
Get a free sample request @ https://www.xploremr.com/connectus/sample/740
This, in addition to different modifications made in plastic packaging is expected to be healthy for the plastic material segment. According to analysis done, the plastic segment is expected to reach a higher valuation by the end of the year of assessment. In 2016, the plastic segment reflected a high market share consequently dominating the market. This trend was also observed in 2017 and is expected to continue in the consecutive years. The plastic segment is projected to grow at a high rate to register a significant value CAGR of 4.7% during the period of assessment.
The plastic segment is impacted by various categories within the segment. There are various types of plastics used for packaging for dairy products. PE accounted for a major chunk in the plastic packaging sector owing to its high strength. The PE sub segment is a potential growth driver of the plastic segment. It is expected to largely contribute to the market valuation of the plastic segment.
The PE material is used for packaging of different products such as milk, cheese, yogurt and cream. The PE sub segment is estimated to touch a market valuation of more than US$ 13 Bn by the end of 2027. PET plastic material is also gaining high traction since past few years. This material comes with high tenacity, good chemical and heat resistance and strength. The PET sub category is projected to expand at the fastest pace during the forecast period.
Buy Now Full Report @ https://www.xploremr.com/cart/reports/buynow/740
XploreMR is one of the world’s leading resellers of high-quality market research reports. We feature in-depth reports from some of the world’s most reputed market research companies and international organizations. We serve across a broad spectrum – from Fortune 500 to small and medium businesses. Our clients trust us for our unwavering focus onquality and affordability. We believe high price should not be a bottleneck for organizations looking to gain access to quality information.
111 North Market Street, Suite 300,
San Jose, CA 95113, United States
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Dairy Products Packaging Market is set to garner staggering revenues by 2027 here
News-ID: 1097379 • Views: 107
More Releases from Xplore Market Research
Anti-counterfeit Pharmaceutical Packaging Market Pegged for Robust Expansion Dur …
This report by Future Market Insights on the global anti-counterfeit pharmaceutical packaging market for the period 2016–2026 presents an outlook of the market across the globe. The primary objective of the report is to offer updates on market opportunities in the global anti-counterfeit pharmaceutical packaging market. Report overview @ https://www.xploremr.com/report/1028/anti-counterfeit-pharmaceutical-packaging-market The report is categorically divided into three sections namely, by usage features, by technology and by region, to understand and offer
Pallets Market to Reflect Impressive Growth Rate During 2024
Persistence Market Research analyzes the India Pallets market over an eight year period from 2016 to 2024. The study demonstrates market dynamics and trends across regions that are expected to influence the current status and future prospects of the India Pallets market over the forecast period (2016 - 2024). Report overview @ https://www.xploremr.com/report/977/india-pallets-market The primary objective of the report is to offer information on market drivers, restraints, trends, opportunities, and value
Water Softening Systems Market Set to Witness an Uptick during 2015 to 2025
This report by XploreMR on the ‘Global Water Softening Systems Market’ for the period 2015 - 2025 presents an outlook of the water softening systems market across the globe. The primary objective of the report is to offer updates on the market opportunities in the global water softening systems market. Report overview @ https://www.xploremr.com/report/920/water-softening-systems-market The report provides value (US$ Mn) and volume (units) analysis of the global water softening systems market across
Military Defense Vehicle Intercom System Market to Witness Increase in Revenues …
Fact.MR Report examines global Military Defense Vehicle Intercom System for the forecast period 2017–2027. The prime purpose of the report is to find opportunities and trends in the market and provide insights pertaining to segments of the military defense vehicle intercom systems market. To understand trends and opportunities in military defense vehicle intercom system market, the report is divided into various segments on the basis of intercom type, transmission power type,
More Releases for Packaging
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury
Flexible Green Packaging Market Report 2018: Segmentation by Product (Reusable P …
Global Flexible Green Packaging market research report provides company profile for Tetra Laval, Wipak Group, Clondalkin Group Holdings, Ukrplastic, Ampac Holdings, Reynolds Group, Amcor, Sealed Air, Mondi, DuPont and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018
Intravenous Product Packaging Market -
Global healthcare sector continues to develop at an impressive rate. As a result, packaging marketplace is undergoing huge changes with specialized focus on offering innovative packaging tools/products to pharmaceutical industry. One such core product that offers lucrative market opportunities for packaging companies is intravenous products. Download PDF Brochure For Future Advancements@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14075 Intravenous product such as catheters and IV fluid bags are mainly used to prevent and treat various chronic illness
2018-2021 Honeycomb Packaging : Global Packaging Market
Press Release - 08 May2018 Global Research and Development News -- . . "Global Honeycomb Packaging Market 2017-2021" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' Honeycomb packaging is a type of protective packaging used for protecting products during transportation and handling. This packaging is generally made from either plastic or paperboard. Honeycomb packaging can be used as edge protectors, die-cuts,
Global Wine Packaging Sales Market 2017 Key Players - Pionner Packaging, Nashvil …
In this report, the global Wine Packaging market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Wine Packaging for these regions, from 2012 to 2022 (forecast),
Food Packaging Materials Manufacturers | Flexible Packaging | Suppliers
Find here Food Packaging Materials, Manufacturers and Food Packaging Suppliers. Shrinath Rotopack is India's largest global flexible Packaging company. They Manufacture Bags such as Coffee Bags, Ziplock Bags, Stand up Pouches and Assorted Bags. Shrinath Rotopack Private Limited is the Shree Group’s flagship company based in Hyderabad, India. With an experience of over two decades in the plastic industry and with the growing demand in the Indian market for flexible