Milk Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Growth of the global milk packaging market is driven by factors such as increasing number of small households – due to which consumers prefer single serve packs of consumer goods – particularly for milk and other dairy products. Moreover, increasing number of health conscious consumers in various countries is driving demand for milk as a source of calcium, minerals, vitamin D, and protein. Availability of various flavoured milk products in the market is another factor expected to stimulate growth of the global milk packaging market during the forecast period. In addition, increasing population and per capita disposable income is expected to drive sales of packaged milk products in future.

Moreover, various applications of milk for preparing food products is a factor expected to drive growth of the milk packaging market during the forecast period. However, price fluctuation of materials (aluminum, plastic, paper) used in milk packaging is expected to slightly hamper the sales of milk packaging. A significant trend gaining traction in the global milk packaging market is increasing awareness of eco-friendly materials. Among all material types used for milk packaging, paperboard segment is expected to account maximum growth in the near future, owing to its recyclable property.

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Milk Packaging: Market Segmentation

The global milk packaging market is segmented on the basis of packaging type, and end-use industry

Based on packaging type, the global milk packaging market is segmented into:

Tubs & cups
Bottles
Cans
Pouches
Others
Based on material type, the global milk packaging market is segmented into:

Glass
Plastic
Metal
Paperboard
Others
Milk Packaging Market: Regional outlook

In terms of regions, the global milk packaging market has been segmented into North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Asia Pacific market is expected to witness relatively fast growth in terms of revenue during the forecast period as various developing countries such as India and China account for major production and consumption of milk.

Milk Packaging Market: Key players

Some key players in the global milk packaging market are Amcor Limited, Tetra Pack, Evergreen Packaging, Indevco, Ball, Elopak, Blue Ridge Paper Products, Clondalkin Group Holdings, CKS Packaging, Crown Holdings, Essel Propack, Consolidated Container, Fabri-Kal, Exopack Holdings, Global Closure Systems and Graham Packaging etc. The global milk packaging market is not consolidated in nature owing to presence of various local and international manufacturers, but the unorganized players also have strong presence. In the global milk packaging market, key players are entering into agreements and mergers and acquisitions with local manufacturers of milk packaging in order to increase their product offerings, and penetrate emerging countries.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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