Dairy Packaging Market is projected to grow at a CAGR of 4.82% to reach US$85.397 billion in 2029

dairy packaging market

The dairy packaging market is evaluated at US$61.436 billion for the year 2022 and is projected to grow at a CAGR of 4.82% to reach a market size of US$85.397 billion by the year 2029.

The market for dairy packaging is driven by several factors such as growing urbanization, as the population grows changing lifestyles force people to have alternative food preferences like ready-to-eat drinks and foods for easy consumption. This leads to the demand for better packaging options that will give a longer shelf life and quality foods.

The growing e-commerce business is another important factor, people need to have robust packaging options for transportation and ensure product integrity during delivery. According to trade.gov, b2c e-commerce would expand by 14.4% at the compounded annual growth rate.

Moreover, the growing consumption of dairy products is leading to the demand for dairy packaging that could ensure product safety, extend shelf life, and maintain freshness. According to the OECD data, the consumption of dairy products will expand by 20.42% by 2029 reaching the value of 554,984 kt pw (kilo tonnes per week), showing robust growth in the sector.

Cans, bottles/ containers, cartons, pouches/bags, among others are the types of dairy packaging market which are suitable for different types of products like liquid products milk, curd, yogurt, etc. Solis products like different types of cheese, paneer, etc. Semi-solid products like butter, ghee, etc. Each type is used for the regional, specific needs and availability. Cans are good for different types of milk like condensed milk, evaporated milk, etc. Bottles/Containers can be plastic or glass, it can be used for dairy products like milk, yogurt drinks, milkshakes, etc.

Based on material type the dairy packaging market is segmented into plastic, paper and paperboard, glass, and others. Plastics and glass are used for milk packaging, the glass is used for the premium packaging of the milk, to maintain better quality and looks.

Plastics are used for large supplies of milk and yogurt, they can be easily made into different shapes and sizes for different price ranges. The paper and paperboard are popular choices for the lightweight and offer good printability for branding and marketing. Others included canned products and bioplastics.

Based on product type the dairy packaging market is segmented into butter, frozen product, milk, cheese, yogurt, and others. Liquid dairy products like milk, cream, buttermilk, skim milk, etc. require packaging like cartons, bottles, pouches, and aseptic packaging. These products’ packaging depends upon perishability and ease of handling.

Yogurt packaging needed cups, pouches, and multi-serving containers. Cheese packaging includes wax paper, vacuum-sealed bags, and plastic containers. Different cheeses need different packaging like diced cheese needs thermoforming films.

Butter can be packaged in polypropylene (PP), HDPE, HIPS, PVC, PET, these are types of plastics. The shelf like butter can be increased by taking care of non-toxicity, low metallic content, and vacuum. Butter can be packaged as cans, sachets, buckets, tubes, stick packs, cups, and rolls.

Europe will hold a significant portion of the dairy packaging market as it produces approximately 150 million tonnes of raw milk each year, which is only followed by India. EU is to be the major exporter of cheese and other high-value dairy products. EU cheese exports increased significantly from 2023 with an increase of 8%, 103,586 tonnes from 96,064 tonnes in 2023.

These numbers suggest a robust production in the EU, which points to the increase in dairy packaging especially for cheese. The production of production of drinking milk has increased from 22,545.9 (000’ tonnes) to 22,613.5 in 2022, showing robust growth. The production and consumption side of the EU is supported by a strong supply chain, government intervention for better regulation, and aid for private storage is one of the mechanisms through which it protects the dairy sector. Various farmer’s organizations protect their rights and interests, where they negotiate contract terms collectively.

As a part of the report, the major players operating in the dairy packaging market, that have been covered are Huhtamaki Group, Berry Global Group, Inc., Amcor PLC, Ball Corporation, Saudi Basic Industries Corporation (Aramco Chemicals Company), International Paper Company, Winpak Ltd. (Wihuri Packaging Oy), Sealed Air Corporation, and Stora Enso Oyj.

View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/dairy-packaging-market

This analytics report segments the dairy packaging market on the following basis:

  • By Packaging Type   
    • Cans
    • Bottles/ Containers
    • Cartons
    • Pouches/Bags
    • Others
  • By Material
    • Plastic
    • Paper and Paperboard
    • Glass
    • Others
  • By Product
    • Butter
    • Frozen Product
    • Milk
    • Cheese
    • Yogurt
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others