US Dairy Packaging Market 2022 Status and Outlook - Huhtamaki Group, Berry Global Group Inc., Bemis Company Inc., Amcor Limited

The US Dairy Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The US dairy packaging market is expected to grow at a CAGR of 2.2% over the forecast period (2022 - 2027).

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Top Leading Companies of US Dairy Packaging Market are Huhtamaki Group, Berry Global Group Inc., Bemis Company Inc., Amcor Limited, Ball Corporation, Consolidated Container Company LLC (Loews Corporation), Saudi Basic Industries Corporation (SABIC), International Paper Company, Winpak Ltd, Sealed Air Corporation, Tetra Pak International SA, Coveris Holdings SA and others.

Industry News and Updates

Further, in 2018, Berry Global Group acquired Clopay Plastic Products Company Inc. from an affiliate of Griffon Corporation, for a purchase price of USD 475 million, subject to post-closing adjustment for working capital and certain other items.

Key Market Trends

Bottles to Hold a Major Market Share

Due to its applications in packaging fresh milk, flavored milk, drinking yogurt, probiotics, and all new dairy-based, high-value products, bottles, especially the plastic PET variants and glass variants, are the preferred packaging option for most of the dairy manufacturers in the country.

According to FAO, glass bottles are the most inert of all packaging materials and provide maximum protection from oxygen, moisture, and microorganisms. When colored they can partly protect milk from harmful UV light.

Also, glass provides better aesthetics, when compared to plastic bottles. As a result, more premium and organic variants of milk and other dairy products in the market are increasingly using glass bottles; doorstep deliveries are increasing demand for glass bottles as well.

Regional Outlook of US Dairy Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The US Dairy Packaging Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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