Global Dairy Products Packaging Market Size By Type of Packaging, By Application, By Packaging Technology, By Geographic Scope And Forecast
Report ID: 380280|No. of Pages: 178
Global Dairy Products Packaging Market Size By Type of Packaging, By Application, By Packaging Technology, By Geographic Scope And Forecast
Dairy Products Packaging Market Size and Forecast
Dairy Products Packaging Market size was valued at USD 37.9 Billion 2023 and is projected to reach USD 42.6 Billion by 2030, growing at a CAGR of 3.5% during the forecasted period 2024 to 2030.
Global Dairy Products Packaging Market Drivers
The growth and development of the Dairy Products Packaging Market drivers. These factors have a big impact on how Dairy Products Packaging are demanded and adopted in different sectors. Several of the major market forces are as follows:
- Consumer tastes and Convenience: Innovations in dairy product packaging have been fueled by shifts in consumer lifestyles and tastes, including an increasing need for convenience and on-the-go products. Demand for packaging with features like mobility, convenience of use, and long shelf life is probably going to rise.
- Health and Sustainability: As people’s awareness of environmental and health issues has grown, so has the demand for eco-friendly and sustainable packaging solutions. Customers frequently search for dairy product packaging that guarantees freshness and safety while reducing its negative effects on the environment.
- Product Innovation: Easy-to-open containers, single-serve packaging, and resealable pouches are a few examples of packaging innovations that can propel market expansion. Manufacturers are continuously searching for innovative methods to set their products apart through the usefulness and style of their packaging.
- Regulatory Compliance: Tight guidelines and requirements for food packaging, particularly those that apply to dairy products, may encourage the use of particular kinds of packaging materials and technologies in order to guarantee adherence to requirements for quality and safety.
- Growth of E-Commerce: Packaging needs are directly impacted by the growing trend of online shopping and home delivery services. Manufacturers of dairy products are modifying their packaging to meet the demands of online shopping, taking into account factors like transportation durability.
- Globalisation of Dairy Trade: More dairy products are being transported internationally as a result of the globalisation of the dairy trade. Modern packaging solutions are required because it becomes essential to package goods to maintain their integrity and freshness while they are being transported.
- Extended Shelf Life Requirements: Dairy products frequently have particular needs regarding their shelf life. Barrier coatings and modified environment packaging are two examples of packaging technologies that are in demand to sustain product quality over time and aid increase shelf life.
- Brand Differentiation: A key component of brand differentiation is packaging. Dairy goods may stand out from the competition on shop shelves and draw in customers with visually appealing and educational packaging.
- Technological Developments: The safety and traceability of dairy products can be improved by the use of smart packaging, which has sensors and indications, and this can lead to market expansion.
Global Dairy Products Packaging Market Restraints
The Global Dairy Products Packaging Market has a lot of room to grow, but there are several industry limitations that could make it harder for it to do so. It’s imperative that industry stakeholders comprehend these difficulties. Among the significant market limitations are:
- Environmental Concerns: As people’s knowledge of environmental issues has grown, so has the need for more environmentally friendly packaging options. Due to this change, conventional packaging materials that might not be ecologically friendly are put to the test, necessitating innovation and the adoption of eco-friendly packaging solutions.
- Strict Rules: Adhering to stringent rules and guidelines, particularly those pertaining to health and safety, regarding food packing can be quite difficult. In order to ensure that packaging materials and procedures meet regulatory requirements, meeting these criteria might necessitate making additional investments in research, development, and testing.
- Financial Restrictions: Compared to conventional packaging materials, the use of cutting-edge and environmentally friendly packaging solutions may be more expensive. Manufacturers may be constrained by cost considerations, particularly in fiercely competitive marketplaces where price sensitivity plays a big role.
- Limited Shelf Life of Certain Packaging Materials: Although packaging materials are designed to increase the shelf life of dairy products, there are some materials that may not be able to maintain freshness for a long time. This could be a problem, especially for goods with lengthy retail and distribution cycles.
- Logistical Difficulties: Transporting dairy products across large distances is a common practice. To preserve product quality, packaging needs to be able to endure temperature changes and transit circumstances. The selection of packing materials and technology might be influenced by logistical challenges.
- Consumer Opposition to Packaging Waste: Although dairy products must be packaged to keep them fresh and safe, consumers are becoming more and more concerned about excessive packaging waste. This has prompted a movement towards simpler, more environmentally friendly package designs, which can be difficult for producers to reconcile with the requirement for product safety.
- Limited Innovation in Packaging Materials: It can take some time to develop new and creative packaging materials, especially when it comes to preserving the qualities that are necessary for dairy product packaging, like conformance with food safety regulations and barrier qualities.
- Global Supply Chain Disruptions: Natural catastrophes, geopolitical unrest, or international health emergencies can all have an impact on the availability and price of packaging materials by upsetting the global supply chain. Manufacturers of dairy products may face difficulties in sourcing and production as a result.
- Preference for Bulk Packaging: To cut expenses and lessen environmental effect, bulk packaging is preferred in particular markets. This inclination could not, however, be in line with consumer trends that support more compact, practical packaging solutions.
Global Dairy Products Packaging Market Segmentation Analysis
The Dairy Products Packaging Market is segmented on the basis of Type of Packaging, Application, Packaging Technology, And Geography.
1. By Type of Packaging:
- Bottles & Jars: Comprising a range of sizes and varieties of bottles and jars for the storage of dairy products such as milk.
- Pouches: pliable containers made for milk, dairy goods in liquid form, and snacks.
- Carton-based packaging: options for milk, cream, and juices: Tetra Paks and comparable products.
- Cans: Condensed milk, evaporated milk, and other dairy products are stored in metal cans.
- Boxes: Solid dairy products such as butter and cheese are packaged in boxes.
2. By Application:
- Retail Packaging: Packaging made specifically for goods sold to customers directly via retail channels.
- Institutional Packaging: Dairy products supplied to hotels, restaurants, and other institutions are packaged in large quantities.
3. By Packaging Technology
- Modified Atmosphere Packaging (MAP): This method of packaging dairy products involves changing the environment within the container to prolong its shelf life.
- Vacuum packaging: Vacuum packaging is a method of packaging that slows down the deterioration of the goods by removing air from the package.
- Aseptic Packaging: Sanitised packaging that keeps dairy products fresh without requiring refrigeration.
- Intelligent Packaging: Utilises intelligent elements, such sensors and indicators, to offer details on the freshness and quality of the product.
4. By Geography:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Key Players
The major players in the Dairy Products Packaging Market are:
- Huhtamaki Group
- Berry Global Group, Inc.
- Sealed Air Corporation
- Amcor plc
- Ball Corporation
- Mondi Group
- WestRock Company
- Stora Enso Oyj
- International Paper Company
- Tetra Pak
- Airlite Plastics
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2020-2030 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2030 |
| HISTORICAL PERIOD | 2020-2022 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED |
|
| SEGMENTS COVERED | Type of Packaging, Application, Packaging Technology, And Geography. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Top Trending Reports:
Global Diagnostic Imaging Devices Market Size And Forecast
Global Bean Sprouts Market Size And Forecast
Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Frequently Asked Questions
1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology
2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights
3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis
4. Dairy Products Packaging Market, By Type of Packaging
• Bottles & Jars
• Pouches
• Carton-based packaging
• Cans
• Boxes
5. Dairy Products Packaging Market, By Application
• Retail Packaging
• Institutional Packaging
6. Dairy Products Packaging Market, By Packaging Technology
• Modified Atmosphere Packaging (MAP)
• Vacuum packaging
• Aseptic Packaging
• Intelligent Packaging
7. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE
8. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market
9. Competitive Landscape
• Key Players
• Market Share Analysis
10. Company Profiles
• Huhtamaki Group
• Berry Global Group, Inc.
• Sealed Air Corporation
• Amcor plc
• Ball Corporation
• Mondi Group
• WestRock Company
• Stora Enso Oyj
• International Paper Company
• Tetra Pak
• Airlite Plastics
11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities
12. Appendix
• List of Abbreviations
• Sources and References
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
|
|
| Demand side |
|
|
Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|---|---|
|
|
