Dairy Package Market | Contrive Datum Insights

The Global Dairy Packaging Market Size was valued at USD 29.80 Billion In 2022 and is expected to expand USD 45.6 billion by 2030 and at a CAGR Of 4.5% Over The Forecast Period 2023-2030.

Dairy Package Market Overview:

Dairy packaging is the safest way to package products. This dairy packaging provides protection, security, information and many more benefits. The primary goal of a dairy packaging system is to deliver the product to the consumer in perfect condition. In addition, information on product content, procedures, and ingredient information is provided.

Due to the short shelf life of dairy products, packaging plays an important role in distribution. Packaging must be adequate and effective to prevent contamination and facilitate storage and transportation. Driven by consumer demand and convenience, the packaging industry has witnessed new packaging technologies. This packaging is specifically designed to minimize the effects of varying temperatures and protect against physical damage. This packaging industry is growing exponentially with increasing demand for dairy, processed foods and beverages. During the forecast period (2022-2030)

The best way to package things is in milk cartons. This milk's packing keeps it safe, gives information, and does a lot more. The main goal of a dairy packaging method is to get the product to the consumer in perfect condition. Dairy goods are used as a source of energy and have a very short shelf life. So, they need to be in good, effective packing to keep them from getting dirty and to make them last longer. On the global dairy packaging market, companies are coming up with new ways to package dairy goods so they don't get contaminated. Some of the containers that are used to package dairy goods are cups, cans, sachets, bottles, and tubs. These containers are made based on what the customer wants and what the product needs.

Dairy goods have a short shelf life, so packaging is an important part of getting them to people. To keep things from getting contaminated and to make keeping and shipping easier, packaging must be adequate and effective. New packing technologies have been created because consumers want them and they make life easier

Key Market Updates:

• In June 2018, India's Ajanta Packaging was acquired by Huhutamaki Group for $15.5 million in cash. This acquisition helped him strengthen his position in the pressure sensitive label business.
• In June 2019, Amcor acquired Bemis Company Inc. called Amcor PLC (Amcor). This enhances Amcor's industry-leading value proposition and helps create significant value for shareholders by providing additional scale, functionality and space.

Major Market Segments Covered in Dairy Package Market Industry Research:

• Amcor
• Tetra Laval
• SIG Combibloc
• Elopak
• Berry Global Group
• Sealed Air Corporation
• Berry Plastics Inc.
• DS Smith
• Smurfit Kappa
• Stora Enso
• Ball Corporation
• Mondi
• Rexam
• RPC Group
• MeadWestvaco Corporation
• Ardagh Group
• Rexam Plc
• AptarGroup
• Sonoco
• Silgan Holdings
• CAN-PACK S.A.
• Others.

Key Vendors:
1. Amcor: It is the best in the world when it comes to designing and making responsible packaging for food, drinks, pharmaceuticals, medical supplies, home and personal care products, and other goods. Amcor works with the world's top companies to protect their goods and the people, who depend on them, make their brands stand out, and improve their supply chains. They do this by offering a wide range of flexible and rigid packaging, specialty cartons, closures, and services.The company's main goal is to make packaging that is getting lighter, easier to recycle and reuse, and made with more recovered materials.

2.Tetra Laval: It is made up of three independent business units: Tetra Pak, DeLaval, and Sidel. The Tetra Laval Group is the largest company in the world that makes tools for processing and packaging food. The three industry groups have the most up-to-date information on all aspects of liquid foods, so they can solve any problem that could come up in making, packaging, and distributing liquid foods.

Tetra Laval International is the part of the Board that is in charge of financial support and control. This group is in charge of funding the Tetra Laval Group and taking care of its general legal structure, tax planning, financial structure, and equity structure. Tetra Laval International comes up with ideas for Group reporting methods and makes sure they are followed. It also handles acquisitions and sales and takes the lead in Corporate Governance.

3.SIG Combibloc: It is a top provider of packaging options for a greener world. We work with our clients to make sure that food products are safe, sustainable, and cheap for people all over the world. Our unique technology and strong ability to come up with new ideas allow us to give our customers end-to-end solutions for different goods, smarter factories, and more efficient processes.

4. Elopak: It is a major global provider of carton packaging and filling equipment. We use materials that are renewable, recyclable, and sourced in a sustainable way to come up with new ways to package things. The famous Pure-Pak® boxes from Elopak are made with the environment, safety, and ease of use in mind. We offer a natural and convenient option to plastic bottles and fit into a low-carbon circular economy.

Elopak was one of the first packaging companies to join the Science Based Targets initiative, which aims to keep the average global temperature rise below 1.5°C. Elopak is dedicated to keeping the product the same and the world safe.

5.Berry Global Group: It is a makes packaging and engineered products with new ideas that we think make life better for people and the world. We do this every day by serving customers of all sizes around the world with our unmatched global capabilities, leadership in sustainability, and deep experience in innovation. When we solve problems and come up with new ideas, they help our customers at every step of their trip.

By Type:

• Bottles
• Pouches
• Cartons and Boxes
• Bags and Wraps
• Others

By Application:

• Milk
• Cheese
• Frozen Foods
• Yogurt
• Cultured Products

By Region:

North America accounted for the largest market share of 33.79% in 2018. The region is expected to increase consumption of dairy products such as flavored milk and flavored low-fat yogurt. The United States, the largest producer of milk, has seen a surge in cheese consumption; especially Italian varieties such as mozzarella, Parmesan, and provolone. Rising consumer preference for convenience foods such as pizza, macaroni and cheese, and packaged cheese slices is expected to drive the demand for dairy packaging in the region.

Asia Pacific is expected to witness growth due to rising consumption of milk due to its nutritional value, especially for children in major markets such as China and India. Increased dairy consumption is playing an important role in enhancing child nutrition and improving the lives of farmers in the region. In addition, dairy products rank among the top three in terms of gross merchandise value. These trends are expected to play a key role in the growth of the regional market.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Belgium
  • The Netherlands
  • Luxembourg
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Benelux Union
• Rest of Europe
• Asia-Pacific
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Drivers:

Due to the growing population, packaged dairy products are available through several retail channels which increases the demand for the dairy packaging market. Most consumers also prefer protein-based foods in safe packaging, which helps with dairy adoption around the world. The packaging also prevents contamination and impurities that increase demand for the product.

Increasing demand for environmentally friendly dairy packaging, along with technical advances and new ideas, Packaging is becoming a better way to sell dairy products. Improvements to labeling shrink wrapping, and printing tools are making it easier to make containers that look nice, have reusable covers and sleeves that show if they have been tampered with, and help extend the shelf life of a product. Customization helps people remember a brand, and customers are often impressed by it because it looks professional and suggests business. Customized branding is a great way to please customers.

Companies can also add a personal touch to the packing of dairy products, which is a key way to keep customers coming back and get them to buy more. Government efforts to get rid of plastics that are only used once are also having a big effect on the packing industry and paving the way toward sustainability. Research shows that 58% of Gen Z, 61% of Millennials, 55% of Gen X, and 46% of Baby Boomers would pay more for products that are good for the earth or are sustainable.

Dairy packaging is growing in popularity as smaller containers and PET bottles are available for convenient packaging of items such as ice cream, butter, yogurt, milk and more. Different types of dairy products are a very important aspect to fuel market growth. Proper and effective packaging is required for better storage and transportation. Growing awareness of fresh products coupled with rising disposable income and urbanization is driving the demand for dairy packaging. Manufacturers are focused on gaining share in the global dairy trade with best-in-class international export and local production capabilities that increase demand for better dairy-based packaging solutions.

Restraint:

Sustainable dairy packaging costs a lot and has to meet strict packing rules.

Sustainability in packaging is changing the packaging industry because customers are becoming more worried about the environment and the effects of packaging that leaks. In response, new, stronger rules about sustainability are being put in place on more and more fronts. In the past few years, regulations about reusable packaging have grown by leaps and bounds, going far beyond shopping bags and a few food-service items. China, for example, has just started new plans to make rules stricter. There are rules about what kind of packaging is called "extreme" all over the country, especially for holiday foods like moon cakes and rice dumplings. In November 2017, China's State Administration for Market Regulation (SAMR) and the regional Ministry of Environmental Protection made new rules to deal with "excessive packaging" in the area. On September 1, 2023, the Ministry of Industry and Information Technology (MIIT) will start to follow this rule.

Opportunities:

Growing population along with increasing preference for protein-based products presents the best opportunity to boost the demand for dairy packaging market.

Challenges:

Different types of plastics are used in a variety of applications that are hazardous to the environment. This problem must be overcome by using biodegradable and sustainable packaging materials.

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