Milk Packaging Market Size
Study Period | 2019 - 2029 |
Market Size (2024) | USD 47.89 Billion |
Market Size (2029) | USD 59.96 Billion |
CAGR (2024 - 2029) | 4.60 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Milk Packaging Market Analysis
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Milk Packaging Industry Segmentation
Milk packaging is essential to protect, carry, market, and sustain its freshness and convenience. Several reasons exist for ensuring the durable packaging of milk, such as safety, information, ease of storage and handling, and avoiding distribution damages.
The milk packaging market is segmented by packaging type (cans, bottles/containers, cartons, pouches/bags, and other packaging types), material (plastic, paperboard, and other materials), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in value (USD) for all the above segments. The impact of macroeconomic trends on the market is also covered under the scope of the study. Further, the disturbance of the factors affecting the market's evolution in the near future, such as drivers and constraints, has been covered in the study. The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
Milk Packaging Market Leaders
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Stanpac Inc.
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Mondi PLC
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Tetra Pak International SA
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Ball Corporation
*Disclaimer: Major Players sorted in no particular order
Milk Packaging Market News
- September 2024: Berry Global joined forces with Abel & Cole, a player in sustainable food delivery, to provide bottles for the Club Zero Refillable Milk service. These innovative polypropylene (PP) bottles can be refilled up to 16 times before they need recycling. Crafted from widely recyclable PP, these bottles emit fewer greenhouse gases (GHG) during transport and processing than traditional heavier glass bottles, challenging the long-standing norm of using glass for home milk deliveries.
- November 2024: Ball Corporation, a global player in sustainable packaging, announced that it had teamed up with CavinKare, a significant player in the dairy industry. Their collaboration aims to transform dairy packaging, debuting retort two-piece aluminum cans specifically for CavinKare's milkshakes.
Milk Packaging Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Value Chain / Supply Chain Analysis
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4.5 Porters 5 Force Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers/Consumers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitute Products
- 4.5.5 Intensity of Competitive Rivalry
- 4.6 PESTLE Analysis
5. MARKET SEGMENTATION
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5.1 Application
- 5.1.1 App2
- 5.1.2 App1
- 5.1.3 App3
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5.2 Type
- 5.2.1 Type1
- 5.2.2 Type2
- 5.2.3 Type3
- 5.2.4 Type4
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 US
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.1.4 Rest of NA
- 5.3.2 Europe
- 5.3.2.1 Germany
- 5.3.2.2 UK
- 5.3.2.3 France
- 5.3.2.4 Russia
- 5.3.2.5 Spain
- 5.3.2.6 Rest of NA
- 5.3.3 Asia Pacific
- 5.3.3.1 India
- 5.3.3.2 China
- 5.3.3.3 Japan
- 5.3.3.4 Rest of AP
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.5 Middle East
- 5.3.5.1 UAE
- 5.3.5.2 Saudi Arabia
- 5.3.5.3 Rest
6. COMPETITIVE LANDSCAPE
- 6.1 Vendor Market Share
- 6.2 Mergers & Acquisitions
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6.3 Company Profiles
- 6.3.1 Company A
- 6.3.2 Company B
- 6.3.3 Company C
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityNew heading
Application | App2 | |
App1 | ||
App3 | ||
Type | Type1 | |
Type2 | ||
Type3 | ||
Type4 | ||
Geography | North America | US |
Canada | ||
Mexico | ||
Rest of NA | ||
Geography | Europe | Germany |
UK | ||
France | ||
Russia | ||
Spain | ||
Rest of NA | ||
Geography | Asia Pacific | India |
China | ||
Japan | ||
Rest of AP | ||
Geography | South America | Brazil |
Argentina | ||
Geography | Middle East | UAE |
Saudi Arabia | ||
Rest |
Milk Packaging Market Research Faqs
How big is the Milk Packaging Market?
The Milk Packaging Market size is expected to reach USD 47.89 billion in 2024 and grow at a CAGR of 4.60% to reach USD 59.96 billion by 2029.
What is the current Milk Packaging Market size?
In 2024, the Milk Packaging Market size is expected to reach USD 47.89 billion.
Who are the key players in Milk Packaging Market?
Stanpac Inc., Mondi PLC, Tetra Pak International SA and Ball Corporation are the major companies operating in the Milk Packaging Market.
Which is the fastest growing region in Milk Packaging Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Milk Packaging Market?
In 2024, the North America accounts for the largest market share in Milk Packaging Market.
What years does this Milk Packaging Market cover, and what was the market size in 2023?
In 2023, the Milk Packaging Market size was estimated at USD 45.69 billion. The report covers the Milk Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Milk Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Milk Packaging Industry Report
Statistics for the 2024 Milk Packaging market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Milk Packaging analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.