Published by IMARC Services Private Limited
Posted on October 10, 2021
The global milk packaging market size reached US$ 41.3 Billion in 2020. Looking forward, the market expects to reach a value of US$ 49.3 Billion by 2026, according to the latest report by IMARC Group.
Good quality and durable packaging materials are utilized to ensure the maintenance of hygiene and safe delivery of milk through the various steps of production, storage, transportation, distribution and marketing. These packaging materials act as a barrier against chemical damage and numerous external factors, such as light, dust and moisture. In addition to this, the packaging is crucial for conveying important information, including nutritional data, manufacturing and expiry date, and ingredients, to the consumers. Milk packaging also contains the brand logo and design, which is essential for product differentiation.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Download free sample of the report: https://www.imarcgroup.com/milk-packaging-market/requestsample
Global Milk Packaging Market Trends:
The global market is primarily driven by the rising consumption of milk, along with significant growth in the dairy industry. Milk is regarded as a complete food due to its rich content of calcium, proteins, carbohydrates, vitamins and minerals that are essential for maintaining good health. Its regular consumption is widely associated with boosting immunity, maintaining healthy blood pressure and strengthening bones and teeth, which has resulted in its increased uptake on the global level.
Furthermore, product innovations and extensive research and development (R&D) have led to the introduction of eco-friendly packaging solutions that are cost- and energy-efficient in nature. This, along with several technological advancements, is acting as another major growth-inducing factor. Manufacturers are integrating advanced technological solutions with the manufacturing process to reduce the carbon footprint and minimize greenhouse gases (GHG) emissions. Increasing sales of flavored milk and single-serve milk packs and enhanced focus toward sustainable packaging solutions are some of the other factors that are providing an impetus to the market growth.
Competitive landscape
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Amcor Limited, INDEVCO Group, Evergreen Packaging, LLC, Stanpac, Elopak AS, Ball Corporation, Graham Packaging Company, SF Holdings Group, Inc., Berry Plastics Corporation, Crown Holdings, Inc., and CKS PACKAGING, INC.
Browse full report with TOC: https://www.imarcgroup.com/milk-packaging-market
Market Summary:
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us
Marketing Manager
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: [email protected]
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The global milk packaging market size reached US$ 41.3 Billion in 2020. Looking forward, the market expects to reach a value of US$ 49.3 Billion by 2026, according to the latest report by IMARC Group.
Good quality and durable packaging materials are utilized to ensure the maintenance of hygiene and safe delivery of milk through the various steps of production, storage, transportation, distribution and marketing. These packaging materials act as a barrier against chemical damage and numerous external factors, such as light, dust and moisture. In addition to this, the packaging is crucial for conveying important information, including nutritional data, manufacturing and expiry date, and ingredients, to the consumers. Milk packaging also contains the brand logo and design, which is essential for product differentiation.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Download free sample of the report: https://www.imarcgroup.com/milk-packaging-market/requestsample
Global Milk Packaging Market Trends:
The global market is primarily driven by the rising consumption of milk, along with significant growth in the dairy industry. Milk is regarded as a complete food due to its rich content of calcium, proteins, carbohydrates, vitamins and minerals that are essential for maintaining good health. Its regular consumption is widely associated with boosting immunity, maintaining healthy blood pressure and strengthening bones and teeth, which has resulted in its increased uptake on the global level.
Furthermore, product innovations and extensive research and development (R&D) have led to the introduction of eco-friendly packaging solutions that are cost- and energy-efficient in nature. This, along with several technological advancements, is acting as another major growth-inducing factor. Manufacturers are integrating advanced technological solutions with the manufacturing process to reduce the carbon footprint and minimize greenhouse gases (GHG) emissions. Increasing sales of flavored milk and single-serve milk packs and enhanced focus toward sustainable packaging solutions are some of the other factors that are providing an impetus to the market growth.
Competitive landscape
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Amcor Limited, INDEVCO Group, Evergreen Packaging, LLC, Stanpac, Elopak AS, Ball Corporation, Graham Packaging Company, SF Holdings Group, Inc., Berry Plastics Corporation, Crown Holdings, Inc., and CKS PACKAGING, INC.
Browse full report with TOC: https://www.imarcgroup.com/milk-packaging-market
Market Summary:
Browse Other Reports:
E-Bike Market 2021-26: Industry Trends, Share, Size, Growth and Research Report
Handicrafts Market Analysis 2021-26: Industry Trends, Share, Size, Growth and Forecast
Digital Classroom Market Report 2021-26: Industry Trends, Share, Size, Growth and Forecast
Gas Analyzer Market 2021-26: Industry Size, Share, Trends and Research Report
Eyewear Market 2021-26: Industry Size, Share, Trends and Research Report
Flavors and Fragrances Market 2021-26, Size, Share, Trends and Research Report
Sugar Market 2021-26: Size, Share, Price Trends and Research Report
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us
Marketing Manager
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: [email protected]
Website: https://www.imarcgroup.com
LinkedIn: https://in.linkedin.com/company/imarc-group
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