Global Flexible Dairy Packaging Market Size, Trends and Growth Opportunity, By Type (Bottles, Cans, Pouches Boxes), Raw Material (Glass, Paper and Paperboard, Plastic), Application (Milk, Cheese, Butter, Frozen Products), By Region and Forecast Till 2027.
Global Flexible Dairy Packaging Market
The Global Flexible Dairy Packaging Market was valued at US$ 35 billion in 2021 and it is expected to reach at US$ 63.12 billion in 2027 at a CAGR of 8.03% during forecast period 2022-2027.
Flexible dairy packaging is a method of product packaging that makes use of non-rigid materials, enabling more affordable and individualised solutions. Due to its excellent efficiency and low cost—it uses little material and may be created from chemically recycled material—this relatively new packaging method has gained appeal.
Market Drivers
The market for flexible dairy packaging is increasing due to factors such growing consumer demand, modernized materials, and the development of energy-efficient materials, as well as greater acceptance of flexible dairy packaging. The market for flexible dairy packaging, the expansion of the retail sector and e-commerce will open up new possibilities.
Market Restraints
Higher capital expenses are required for integrated packing machinery production and import activities for jobs like wrapping, automated labelling, palletizing supplies, and many others. These limitations are impeding the overall growth of the packaging machinery industry. Customs duties imposed in developing countries are having an adverse influence on the market expansion for flexible dairy packaging as a whole.
Market Segmentation
The global flexible dairy packaging market segmented into type, raw material and application. By type it segmented into bottles, cans, and pouches boxes. By raw material it segmented into glass, paper and paperboard, plastic. By application it segmented into milk, cheese, butter, frozen products.
Regional Analysis
The global flexible dairy packaging market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. North America now holds a dominance on the dairy packaging business as a result of rising demand for convenience foods including pizza, macaroni and cheese, packaged cheese slices, and flavor-enhanced low-fat yoghurt in addition to rising milk production and consumption.
Key Players
Various key players are listed in this report such as Amcor plc (Australia), Dow (U.S.), Bemis Company, Inc. (U.S.), Westrock Company (U.S.), Sealed Air Corporation (U.S.), DS Smith (U.K.), Huhtamaki Oyj (Finland), Berry Plastic Corporation (U.S.), Ball Corporation (U.S.), Genpak, L.L.C. (U.S.).
Market Taxonomy
By Type
Bottles
Cans
Pouches Boxes
By Raw Material
Glass
Paper And Paperboard
Plastic
By Application
Milk
Cheese
Butter
Frozen Products
Key Question Addressed by the Report
What are the Key Opportunities in Global Flexible Dairy Packaging Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
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