Dairy Packaging Market in North America 2017-2021

Overview of the dairy packaging market in North America

Research analysis on the dairy packaging market in North America identifies rise in demand for dairy products will be one of the major factors that will have a positive impact on the growth of the market. The rise in health concerns among consumers, as well as the rising demand for innovative and new products, including flavored milk. The liquid milk segment is expected to grow significantly during the forecast period owing to the rise in the daily nutritional requirement awareness among consumers. Technavio’s market research analysts predict that this market will generate almost almost USD 8 billion by 2021.

The incresing deamnd for biodegradable packaging will be one of the latest trends that will gain traction in the dairy packaging market in north America during the next four years. The recent advances and innovations in techniques has boosted the global biodegradable packaging market. additionally, the rising concern if diary manufacturers as well as suppliers towards protecting the environment and reducing the carbon footprint. The rising environment compliance regulations are becoming more stringent and vendors are adopting bio-degradable plastics as a substitute to avoid penalties. This will lead to an increase in demand for biodegradable plastic for dairy packaging, which will boost the growth of the market during the forecast period.

Competitive landscape and key vendors

The dairy packaging market in North America has a presence of a considerable number of vendors, and market appears to be highly fragmented. The vendors competing based on product differentiation, pricing, as well as portfolios. The vendors in this market are adopting effective marketing and promotion strategies, and providing new improved products to fulfill consumer expectations and sustain their position in the market. This helps them in gaining a competitive edge in the market.

The leading vendors in the market are -

• Amcor
• Bemis
• Mondi
• RPC Group
• Tetra Laval

The other prominent vendors in the market are Airlite Plastics, Allied Glass Containers, Ball, Barry-Wehmiller Companies, Berry Global, Bomarko, C&H Packaging Company, CKS Packaging, Clondalkin Group Holdings, Consolidated Container, Crown Holdings, Dairi-Pak, Elopak, Essel Propack, Evergreen Packaging, Exopack Holding, Fabri-Kal, General Packaging Products, Genpak, Global Closure Systems, Graham Packaging, Graphic Packaging Holding, Huhtamaki OYJ, Interflex Group, International Paper Company, Linpac Packaging, Nampak, Norse Dairy Systems, Oracle Packaging, Pechiney Plastic Packaging, Plastipak Industries, Polyoak Packaging Group, Polytainers, Printpack, SF Holdings Group, SIG Combibloc Group, Silgan Holdings, Smurfit Kappa Group, Solo Cup Company, Stanpac, Toyo Aluminium K.K., and Vacumet.

Segmentation by packaging type and analysis of the dairy packaging market in North America

• Flexible packaging
• Rigid packaging

During 2016, the flexible packaging segment accounted for the major shares of this market. The increasing preference for flexible plastic packaging due to factors such as lightweight and it helps in reducing the companies' transportation costs as well as carbon footprint.

Geographical segmentation and analysis of the dairy packaging market in North America

• US
• Canada
• Mexico

This market study estimates that in terms of geographic regions, the US will be the major revenue contributor to the market by 2021. The increase in the demand for cheese in the region as it is one of the most preferable food category in the US. Additionally, the increasing awareness about sustainability and environment-friendly packaging, consumers in the US invest more in paper, cardboard as well as sustainable plastic dairy packaging. This is estimated to boost the demand for packaging in the US during the forecast period.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the dairy packaging market in North America?
• What are the key market trends impacting the growth of the dairy packaging market in North America?
• What are the challenges to market growth?
• Who are the key vendors in the dairy packaging market in North America?
• What are the market opportunities and threats faced by the vendors in the dairy packaging market in North America?
• Trending factors influencing the market shares of the US, Canada, and Mexico.
• What are the key outcomes of the five forces analysis of the dairy packaging market in North America? 

Technavio also offers customization on reports based on specific client requirement.