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Milk Packaging Market By Packaging (Paperboard Cartons, Cans, Bottles, Pouches, Others), By Material (Glass, Plastic, Metal, Paperboard, Others) - Growth, Share, Opportunities & Competitive Analysis, 2018 -2026

Packaging of milk is the process of using suitable vessels to carry, protect and merchandise milk. Condensed milk, fresh milk, skimmed milk, evaporated milk and flavored milk are packaged in a broad range of packaging types such as cans, bottles, pouches, etc. Milk packaging has transformed from the conventional methods to new and advanced techniques. Depending on the convenience of consumers, milk packaging is done through several types of specialized containers such as tetra packs. Earlier, glass bottles were widely used for milk packaging, although, currently, only a minor proportion of glass bottles are being utilized in milk packaging. Thermoformed plastic packaging products such as bottles and pouches are being widely used for milk packaging owing to their high stability, resistance to UV rays and resistance to a broad range of temperatures. Also, cartons prepared from plastic or wax coated paperboard are being most widely used for milk packaging.

Owing to rise in demand for recyclable and sustainable milk packaging materials as well as fluctuating prices of metal containers are some major factors driving the market of paperboard milk packaging. Also, rising demand for flavored milk coupled with increasing inclination of consumers towards eco-friendly and lighter packaging solutions further drives the overall demand for milk packaging. Moreover, owing to increasing concerns regarding quality and purity of unpackaged milk as well as increasing number of cattle and livestock farms especially in the developing economies are several other aspects driving the demand for milk packaging across the globe. Although, increasing investments in research & development activities to introduce innovative and cheaper milk packaging products are projected to furnish lucrative opportunities in the foreseeable years. However, volatile raw material prices and presence of traditional milk supply practices especially in underdeveloped regions are some of the major factors hampering the market growth in the near future.

On the basis of packaging type, pouches accounts for a major share in the global milk packaging market on account of increasing demand for lightweight and convenient packaging solutions. Moreover, rise in per capita disposable incomes coupled with increasing penetration of polyethylene pouches due to low cost are several other factors driving the growth of pouches segment in the global milk packaging market.

Asia Pacific is identified to be the dominant region due to increasing growth of livestock industry in the region. Also, rising disposable incomes is further augmenting the demand for milk packaging especially in India and China. Thus, key players in the packaging industry are aiming on setting up their manufacturing units in the Asia-Pacific region due to increasing milk production and rising investments in livestock farming that is further expected to supplement the market growth. North America is projected to account for the second largest share in the global milk packaging market owing to rise in demand for flavored milk as well as increasing inclination of consumers towards modified nutritional milk products.

Milk Packaging Market

The global milk packaging market can be categorized on the basis of regions and countries as:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC Countries
    • Rest of MEA

Milk Packaging Market

Asia Pacific is anticipated to be the most lucrative region in the global milk packaging market. China and India are expected to be the major revenue contributors in the Asia-Pacific milk packaging market since they are the major consumers and producers of milk. Also, due to the presence of a large population base, the consumption of milk in China and India has augmented owing to its numerous health benefits such as high calcium content, high protein content and abundance of thiamin, riboflavin and vitamin B12. In addition, owing to heavy investment flow from major market players in the Asia-Pacific region is another major aspect driving the overall growth of the market. Developing economies such as India, China, Korea etc. are witnessing rapid urbanization, upsurge in population and increasing disposable incomes, which is further driving the demand for packaged milk in the region. Also, Thailand and Indonesia are estimated to witness a rapid increase in milk production due to increasing dairy farming in these countries as well as increasing governmental support in the enhancement of milk production. North America is expected to account for the second largest share in the global milk packaging market owing to increasing awareness among consumers regarding packaged milk as well as rise in demand for paperboard packaging. In addition, entry of new market players owing to increasing milk consumption is further fueling the demand for milk packaging across the globe. Also, increasing investments in research & development activities to come up with new and advanced milk packaging solutions is expected to drive the North America milk packaging market over the forecast period.

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Published Date:  Jan 2018
Category:  Packaging
Report ID:   58957
Report Format:   PDF
Pages:   120
Rating:    4.4 (33)
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