Market Overview:
The global milk packaging product market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for milk and other dairy products, especially in developing countries. In addition, the growing trend of on-the-go consumption is also propelling the demand for milk packaging products such as pouches and cups. The global milk packaging product market by type is segmented into bottles, pouches, cups, cans, carton & boxes. The bottles segment accounted for the largest share of the global market in 2017 and is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. This can be attributed to their high durability and recyclability rates compared with other types of milk packaging products such as pouches and cups.
Product Definition:
Milk packaging product is the material used to package milk. The importance of milk packaging product is that it keeps the milk fresh and helps to prevent it from spoiling.
Bottles:
Bottles are the major component of milk packaging products. It is used to pack milk in cartons, tetra packs, glass bottles and plastic bottles. The growth factor for bottle’s market is increasing demand from ease of handling and portability along with less space requirement as compared to its counterparts such as cans which are gradually gaining popularity among consumers across the world especially in countries like U.S.
Pouches:
Pouches are small packaging products made up of plastic or other materials. Pouches have a lower surface area which makes them lightweight and easy to use for short distance transportation of packaged goods. Pouches offer convenience, portability, and cost effectiveness as compared to rigid packaging solutions such as metal cans and glass bottles.
Application Insights:
The milk application segment led the global milk packaging product market in 2017 and is projected to register a significant CAGR over the forecast period. The growth can be attributed to increasing demand for dairy products across the globe. Milk pouches are widely used for packaging fresh, powdered, and liquid milk along with related products such as butter and yogurt in various countries including India, China, U.S., Germany, UK among others.
Butter applications accounted for a considerable share of the overall industry revenue in 2017 owing to its high-demand nutritional properties along with its use as an ingredient in various cuisines around the world especially European countries like France Italy Spain among others that have strong dairy industries. However other applications such as cheese also find their usage butter pouches or cups which are consumed directly without any further preparation or cooking followed by mixing it with breadcrumbs or vegetables etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for packaged milk products from countries, such as China, India, Japan and South Korea. In addition, increasing per capita consumption of dairy products in these countries will fuel industry expansion over the next eight years.
Europe accounted for a significant share owing to high demand for premium quality milk pouches from various countries including Germany, U.K., Italy and France among others. North America is also projected to witness steady growth due to growing health awareness among consumers regarding lactose intolerance issues along with an increase in vegan population across U.S., Canada and Mexico which will drive product demand over the forecast period (2018-2030).
Growth Factors:
- Increasing demand for milk products: The global demand for milk is projected to grow at a CAGR of around 2% from 2016 to 2021. This growth can be attributed to the increasing population and rising income levels in developing countries.
- Growing awareness about the health benefits of milk: There is a growing awareness among consumers about the health benefits of consuming milk and dairy products. This is driving the demand for packaged milk products, as they are perceived as being healthier than unpackaged ones.
- Rising disposable incomes: A rise in disposable incomes has led to an increase in spending on food items, including packaged milk products. In addition, there is a shift towards premium-priced dairy products, which is benefiting the packaging product market growth rate positively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Milk Packaging Product Market Research Report
By Type
Bottles, Pouches, Cups, Cans, Carton & Boxes
By Application
Milk, Butter, Others
By Companies
Teta Laval, SIG Combibloc, Elopak, Amcor, Greatview, Qingdao Likang Packing, Stora Enso, Nippon Paper Group, Bihai, Weyerhaeuser, Xinju Feng Pack, Jielong Yongfa, International Paper, Skylong, Ecolean, Coesia IPI, Serac
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Milk Packaging Product Market Report Segments:
The global Milk Packaging Product market is segmented on the basis of:
Types
Bottles, Pouches, Cups, Cans, Carton & Boxes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Milk, Butter, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Teta Laval
- SIG Combibloc
- Elopak
- Amcor
- Greatview
- Qingdao Likang Packing
- Stora Enso
- Nippon Paper Group
- Bihai
- Weyerhaeuser
- Xinju Feng Pack
- Jielong Yongfa
- International Paper
- Skylong
- Ecolean
- Coesia IPI
- Serac
Highlights of The Milk Packaging Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bottles
- Pouches
- Cups
- Cans
- Carton & Boxes
- By Application:
- Milk
- Butter
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Milk Packaging Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Milk packaging product is a type of packaging that helps to preserve milk. It can be in the form of a carton, bottle, or pouch.
Some of the major players in the milk packaging product market are Teta Laval, SIG Combibloc, Elopak, Amcor, Greatview, Qingdao Likang Packing, Stora Enso, Nippon Paper Group, Bihai, Weyerhaeuser, Xinju Feng Pack, Jielong Yongfa, International Paper, Skylong, Ecolean, Coesia IPI, Serac.
The milk packaging product market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Milk Packaging Product Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Milk Packaging Product Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Milk Packaging Product Market - Supply Chain
4.5. Global Milk Packaging Product Market Forecast
4.5.1. Milk Packaging Product Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Milk Packaging Product Market Size (000 Units) and Y-o-Y Growth
4.5.3. Milk Packaging Product Market Absolute $ Opportunity
5. Global Milk Packaging Product Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Milk Packaging Product Market Size and Volume Forecast by Type
5.3.1. Bottles
5.3.2. Pouches
5.3.3. Cups
5.3.4. Cans
5.3.5. Carton & Boxes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Milk Packaging Product Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Milk Packaging Product Market Size and Volume Forecast by Application
6.3.1. Milk
6.3.2. Butter
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Milk Packaging Product Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Milk Packaging Product Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Milk Packaging Product Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Milk Packaging Product Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Milk Packaging Product Demand Share Forecast, 2019-2026
9. North America Milk Packaging Product Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Milk Packaging Product Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Milk Packaging Product Market Size and Volume Forecast by Application
9.4.1. Milk
9.4.2. Butter
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Milk Packaging Product Market Size and Volume Forecast by Type
9.7.1. Bottles
9.7.2. Pouches
9.7.3. Cups
9.7.4. Cans
9.7.5. Carton & Boxes
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Milk Packaging Product Demand Share Forecast, 2019-2026
10. Latin America Milk Packaging Product Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Milk Packaging Product Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Milk Packaging Product Market Size and Volume Forecast by Application
10.4.1. Milk
10.4.2. Butter
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Milk Packaging Product Market Size and Volume Forecast by Type
10.7.1. Bottles
10.7.2. Pouches
10.7.3. Cups
10.7.4. Cans
10.7.5. Carton & Boxes
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Milk Packaging Product Demand Share Forecast, 2019-2026
11. Europe Milk Packaging Product Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Milk Packaging Product Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Milk Packaging Product Market Size and Volume Forecast by Application
11.4.1. Milk
11.4.2. Butter
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Milk Packaging Product Market Size and Volume Forecast by Type
11.7.1. Bottles
11.7.2. Pouches
11.7.3. Cups
11.7.4. Cans
11.7.5. Carton & Boxes
11.8. Basis Point Share (BPS) Analysis by Type
1.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Milk Packaging Product Demand Share, 2019-2026
12. Asia Pacific Milk Packaging Product Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Milk Packaging Product Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Milk Packaging Product Market Size and Volume Forecast by Application
12.4.1. Milk
12.4.2. Butter
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Milk Packaging Product Market Size and Volume Forecast by Type
12.7.1. Bottles
12.7.2. Pouches
12.7.3. Cups
12.7.4. Cans
12.7.5. Carton & Boxes
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Milk Packaging Product Demand Share, 2019-2026
13. Middle East & Africa Milk Packaging Product Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Milk Packaging Product Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Milk Packaging Product Market Size and Volume Forecast by Application
13.4.1. Milk
13.4.2. Butter
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Milk Packaging Product Market Size and Volume Forecast by Type
13.7.1. Bottles
13.7.2. Pouches
13.7.3. Cups
13.7.4. Cans
13.7.5. Carton & Boxes
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Milk Packaging Product Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Milk Packaging Product Market: Market Share Analysis
14.2. Milk Packaging Product Distributors and Customers
14.3. Milk Packaging Product Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Teta Laval
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SIG Combibloc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Elopak
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Amcor
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Greatview
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Qingdao Likang Packing
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stora Enso
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nippon Paper Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bihai
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Weyerhaeuser
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Xinju Feng Pack
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jielong Yongfa
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. International Paper
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Skylong
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ecolean
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Coesia IPI
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Serac
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook