The global milk packaging market is projected to grow at a CAGR of over 4% during the forecast period. Milk is one of the highest consumed dairy products across the globe and is the most complex in storing for a long period of time owing to its moisture and other mineral contents. Packaging methods of the dairy industry are progressively changing in order to meet the requirements of consumers and the rest of the food industry. Novel concepts of dairy packaging encompass numerous possibilities that enable protection, as well as the prolongation of shelf life and enhancement of functional properties of products. The increased demand for milk owing to the health benefits it offers is likely to drive the overall growth of the market over the forecast period.
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As per the Food and Agriculture Organization (FAO), the overall milk production is projected to increase more than 180 million metric tons by 2025. The shift of consumer preferences towards dairy products owing to frequently changing lifestyles is also driving the growth of the market. For the packaging of dairy products including milk, the popular brands have also shifted towards the modern way of packaging. This includes edible packaging, biodegradable packaging, antimicrobial packaging, as well as smart and active packaging. Thus, this is likely to drive the growth of the market over the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Milk Packaging Market by Material
- Plastic
- Paper & Paperboard
- Others
Global Milk Packaging Market by Packaging Type
- Rigid Packaging
- Flexible Packaging
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Altium Packaging
- Amcor PLC
- Ardagh Group
- Ball Corp.
- CKS Packaging Inc.
- Clondalkin Group Holdings
- Crown Holdings Inc.
- Elopak AS
- Evergreen Packaging LLC
- Graham Packaging Co.
- INDEVCO Group
- Mondi Group
- SIG Combibloc Group Ltd.
- Stanpac Inc.
- Stora Enso Oyj
- Tetra Pak International SA
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global milk packaging market. Based on the availability of data, information related to products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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