About Dairy Plastic Packaging
The packaging is a method of using containers and components to protect, transport, identify and market products and should be made from materials that are best suited for that purpose. In addition to the safe and hygienic packaging of products, a company can differentiate its products from those of its competitors. The increasing demand for single-portion packs of dairy products is likely to fuel the growth of the global market for dairy packaging considerably during the forecast period. Due to various nutritional and health benefits associated with milk, the demand for milk has increased significantly in the recent past, which in turn should drive the market. The global COVID-19 pandemic has caused a sudden disruption in manufacturing activities around the world, affecting the demand for plastics, as well as how they are manufactured and processed. The most affected end-use segments in the plastics industry.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Dairy Plastic Packaging market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Tetra Laval (Switzerland), SIG Combibloc Group (Switzerland), Elopak (Norway), Amcor (Australia), Weyerhaeuser (United States), Stora Enso (Finland), Nippon Paper Group (Japan), International Paper Company (United States), Coesia IPI (Sweden), SERAC (France) and Ecolean AB (Sweden) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Greatview (China), Skylong (United States) and Jielong Yongfa (China).
Segmentation Overview
AMA Research has segmented the market of Global Dairy Plastic Packaging market by Type (Polyethylene, Polyethylene Terephthalate, Polypropylene and Others), Application (Pasteurized Milk, UHT Milk, Yoghurt and Others) and Region.
On the basis of geography, the market of Dairy Plastic Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Capacity, the sub-segment i.e. 1 L will boost the Dairy Plastic Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Bottle Type, the sub-segment i.e. PET Bottle will boost the Dairy Plastic Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Changing Consumer Lifestyles to More Health-Conscious Eating, Rising Efforts to Avoid Dairy Waste Is Expected To Boost Newer Packaging Technology Solutions, Increase the Adoption of Dairy-Based Product across the World and The Growing Trend of Using Brand-Friendly PET Bottles
Market Growth Drivers:
The Growing Culture of Healthy Snacking, Higher Consumption of Ready-To-Eat Foods, The Increasing Availability of Plastic Packaged Dairy Products through Various Retailing Channels and The Rise in Online and Mobile Shopping
Challenges:
Stringent Regulations Regarding Usage of Plastic
Restraints:
Concerns Regarding the Hazardous Effects of Plastics and Other Non-Biodegradable Packaging Materials
Opportunities:
The Rising Importance of Packaging Material to Avoid Contamination and Adulteration, A Rise in Adopting Green Packaging Solutions That Focus On Using Thinner Materials and Promote Recycling and Increasing Spending On Innovation and Technology in Combination with Sustainability
Market Leaders and their expansionary development strategies
In January 2022, Faerch had acquired dairy packaging company. in this acquisition boost the growth of companys product.
In April 2022, Amcor, a global leader in developing and producing responsible packaging solutions, has launched two new application for its innnovative Amprima recycle- ready solution.
Key Target Audience
Manufactures of Dairy Plastic Packaging, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.