The global dairy products packaging market is expected to register significant growth in the forecoming years. Major factors driving growth of the global dairy products packaging markets are, increasing demand for convenience and on-the-go food across coupled with consumer preference towards protein-based products across the globe. In addition, growing aging population, growing demand for innovative packaging are the factors boosting the demand for dairy products.
The global dairy products packaging market report has been segmented on the basis of material, product, and region.
On the basis of material, the global dairy products packaging market has been segmented into plastic, paperboard & paper, metal, glass, others. The plastic is expected to dominate the market, owing to they offer an improved shelf life and enhanced barrier properties compared to traditional packaging.
On the basis of product, the global dairy products packaging market has been segmented into bottles & jars, pouches, films & wraps, others.
On the basis of region, the global dairy products packaging markets segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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In 2018, North America dairy products packaging market is expected to account for major share in the global market in terms of revenue, and is expected to maintain its dominance over the forecast period, due to growing working population, increasing demand for tamper-evident and child-resistant packaging the country in the region. However, Asia Pacific dairy products packaging market is projected to register highest CAGR in the next five years, due to changing lifestyle and rising demand for innovative packaging in the region.
Key players operating in the global dairy products packaging market includes Mondi plc, RPC Group, Ball Corporation, Bemis Company, Inc., Rexam plc., Amcor Limited, Tetra Pak, Evergreen Packaging, INDEVCO Group, and Blue Ridge Paper Products, Inc.