Dairy Packaging Market Size Worth USD 44.15 Billion 2030| CAGR of 4.8%

 According to the latest report by Reports and Data, the global dairy packaging market had a size of USD 28.90 billion in 2021 and is projected to achieve a revenue compound annual growth rate (CAGR) of 4.8% during the forecast period. Proper packaging and effective transportation are necessary for dairy products due to their perishability. The industry is expected to see increased demand for compact packaging, which is a convenient option. Recent trends have shown that manufacturers are focusing on delivering products in smaller quantities. The flavoured milk products market is also growing, which is boosting the global dairy packaging market. The global dairy food packaging industry is experiencing major trends, such as increased health consciousness, urbanisation, and a rising demand for a variety of dairy products as part of a balanced diet.

However, the use of non-biodegradable packaging materials like plastics has raised concerns among consumers and manufacturers. To address this issue, companies are turning to environmentally friendly and biodegradable packaging options. Manufacturers are adopting eco-friendly packaging strategies that involve the use of lighter materials and encourage recycling. Additionally, environmental law could impede the development of dairy products as greenhouse-gas emissions from dairy operations account for a significant fraction of overall emissions in some countries.

The industry is segmented into various categories based on application, such as cheese, cream, ice cream, milk, butter, yoghurt, and cultured goods, among others. Among these categories, the milk segment has the largest global share. The Asia-Pacific region is expected to have the highest revenue share among all regions due to its significant milk consumption and production. North America accounted for a significant portion of the global market in 2020, and the expansion of this sector in the region is attributed to the rising demand for dairy substitutes like almond, coconut, and soy milk and the acceptance of flavor-infused milk.

Companies mentioned in the market report include Bihai, Weyerhaeuser, Xinju Feng Pack, Jielong Yongfa, International Paper, Skylong, Ecolean, Coesia IPI, Serac, Teta Laval, SIG Combibloc, Elopak, Amcor, Greatview, Qingdao Likang Packing, Stora Enso, and Nippon Paper Group. The report also segments the global dairy packaging industry into Type Outlook, Application Outlook, and Regional Outlook.

The Type Outlook segment is further divided into bottles, pouches, cups, cans, and carton & boxes. The Application Outlook segment is divided into yogurt and cultured products, milk, butter, cheese, cream, ice cream, and others, while the End-use Outlook segment is segmented into building & construction, automotive & transportation, electrical & electronics, and others. The Regional Outlook segment is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Get a sample copy of the dairy packaging market report: https://www.reportsanddata.com/download-free-sample/263

Dairy Packaging Market: Drive factors

The global dairy packaging market is expected to experience a steady growth rate due to several driving factors. The perishable nature of dairy products necessitates proper packaging and efficient storage and transportation, making it essential for the dairy industry to have reliable packaging options. Compact packaging has seen increased demand due to its convenience, which is expected to fuel the industry further. Manufacturers have also been focusing on delivering products in smaller quantities to meet changing consumer preferences.

The increasing demand for flavored milk products is another factor driving the growth of the global dairy packaging market. Rising health consciousness, urbanization, and the consumption of a variety of dairy products as part of a balanced diet are major trends in the global dairy food packaging industry.

However, the use of non-biodegradable packaging materials, such as plastics, has raised concerns among consumers and manufacturers. To address this, companies are turning to environmentally friendly and biodegradable packaging choices, promoting recycling, and adopting eco-friendly packaging strategies that emphasize the use of lighter materials.

Despite the positive outlook, environmental law is expected to impede the development of dairy products. Greenhouse-gas emissions from dairy operations represent a significant portion of overall emissions in some countries, and any changes to associated laws could have an effect on dairy output.

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