Global Dairy Packaging Market 2016-2020

 The infographic below contains key findings from our analysis of the dairy packaging market   

Want a bigger picture? Try a FREE sample of this report now!

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.   

Overview of the global dairy packaging market

The global dairy packaging market report predicts the market to grow moderately during the forecast period and will post a steady CAGR of over 4% by 2020. A noteworthy factor that will spur the prospects for growth in this market is the increased use of biodegradable plastic. Biodegradable plastics are readily decomposed by microorganisms and have minimal impact on the environment compared to conventional plastics. As these plastics are made from petrochemicals with biodegradable additives, they will have a minimal toxic effect on the environment. Also, with the introduction of stringent environmental compliance regulations in the country, vendors will be compelled to adopt biodegradable plastics as a substitute to avoid hefty penalties.

In terms of geography, North America dominated this market during 2015 and is envisaged to retain its dominating hold over the market until the end of 2020 owing to rapid urbanization and the increased inclination of consumers towards packaged food products. Since the US is the largest producer and exporter of cheese in the world, it will be the largest market for dairy packaging in this region. Increasing demand for dairy products like butter, milkfat, yogurt, ice cream, and other dairy desserts will lead to the steady growth of the market in this region. By 2020, the market for dairy packaging in North America will generate revenues of close to USD 8 billion.

Get more value with Technavio’s subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Try the demo

Segmentation by packaging materials and analysis of the dairy packaging market

• Flexible plastic
• Rigid plastic
• Paper and paperboard
• Glass
• Metal

During 2015, the global dairy packaging market was dominated by the flexible plastic packaging segment, which accounted for more than 27% of the total market share. Benefits like its lightweight property will lead to the augmented adoption of flexible packaging solutions as it will help reduce companies' transportation costs and carbon footprint. Also, factors like its high-cost benefits, reduction in landfill waste, and reduction of energy required in their manufacturing process in comparison to rigid materials will lead to its increased adoption among end users.

Application-based segmentation and analysis of the dairy packaging market

• Milk
• Cheese
• Frozen products
• Cultured products

By application, the milk segment dominated this market and accounted for more than 34% of the total market share in 2015. Increasing consumption of flavored milk, ultra-high temperature (UHT) milk, different cheese varieties, and Laban (yogurt drink) will lead to the steady growth of this market segment over the next few years.

Competitive landscape and key vendors

This market is characterized by the presence of many vendors manufacturing a variety of packaged dairy products. The market is also competitive, with vendors competing on the basis of product differentiation, portfolios, and pricing to gain maximum market shares. Due to the presence of numerous international and local suppliers, the market is highly fragmented, and providers adopt effective marketing and promotion strategies to offer new and improved products to the consumers.

According to the global dairy packaging market analysis report, the top vendors in this market are -

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

Other prominent vendors analyzed in this market research are Ahlstrom, Airlite Plastics, Allied Glass Containers, Ball, Barry-Wehmiller Companies, Blue Ridge Paper Products, 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, MeadWestvaco, Nampak, Norse Dairy Systems, Oracle Packaging, Pechiney Plastic Packaging, Plastipak Industries, Polyoak Packaging Group, Polytainers, Printpack, Rock-Tenn Company, SF Holdings Group, SIG Combibloc Group, Silgan Holdings, Smurfit Kappa Group, Solo Cup Company, Stanpac, Toyo Aluminium K.K., Vacumet, Winpak, and Wipak Group.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global dairy packaging market?
• What are the key market trends impacting the growth of the global dairy packaging market?
• What are the challenges to market growth for the global dairy packaging market?
• Who are the key vendors in the global dairy packaging market?
• What are the market opportunities and threats faced by the vendors in the global dairy packaging market?
• Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global dairy packaging market?

Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch