Many countries in the region are experiencing significant urbanization trends, leading to higher consumer demand for packaged dairy products, including milk bottles, in urban centers. With a large and growing population, especially in countries like China, India, and Indonesia, there is substantial demand for dairy products as part of daily nutrition, driving the need for milk bottles. Therefore, the Asia Pacific region acquired 41% revenue share in the market 2023.
Milk bottles offer convenience by providing a ready-to-consume format without additional preparation. This convenience appeals to busy consumers who prioritize ease of use and time-saving benefits in their daily routines.
Additionally, as dairy consumption rises worldwide, the demand for milk bottles increases proportionately. More milk and dairy products need to be packaged and transported, leading to a surge in the production and supply of milk bottles.
However, the primary raw material for plastic milk bottles is polyethylene terephthalate (PET), derived from petroleum. Fluctuations in oil prices directly impact the cost of producing PET. When oil prices rise, plastic bottle production costs increase, leading to higher production costs for milk bottle manufacturers.
Driving and Restraining Factors
Drivers- Convenience and on-the-go consumption
- Rising demand for extended shelf-life products
- Increasing consumption of dairy products worldwide
- Fluctuating raw material costs
- Shift towards plant-based and dairy alternatives
- Growth of online retail and direct-to-consumer sales
- Growth in the food service industry
- Increasing competition from alternative packaging
- High energy consumption in glass bottle production
Material Outlook
By material, the market is divided into plastics and glass. In 2023, the glass segment registered 51% revenue share in the market. Glass milk bottles are favored for their sustainability credentials. They are reusable and often returned to dairy farms or collection points for cleaning and refilling, reducing single-use plastic waste.Clouser Type Outlook
Based on closure type, the market is divided into screw cap, snap-on caps, and others. In 2023, the snap-on caps segment procured 35% revenue share in the market. Snap-on caps are designed for quick and effortless application and removal, offering convenience to consumers during daily use, such as when preparing meals or snacks.Capacity Outlook
Based on capacity, the market is divided into below 200 ML, 200 ML to 500 ML, 500 ML to 2000 ML, and above 2000 ML. In 2023, the 200 ML to 500 ML segment garnered 33% revenue share in the market. Milk bottles in the 200 mL to 500 mL range are popular for their convenience as single-serve portions.Application Outlook
On the basis of application, the market is segmented into baby feeding bottle and milk store bottle. In 2023, the baby feeding bottle segment attained 42% revenue share in the market. Milk bottles are essential for feeding formula milk to infants not breastfed or requiring supplementary feeding.Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Europe region generated 27% revenue share in the market. Europe has stringent regulations regarding packaging, especially for products like pharmaceuticals, cosmetics, and food and beverages.List of Key Companies Profiled
- Bormioli Luigi S.p.A. (Bormioli Rocco)
- Ajanta Bottle Pvt. Ltd.
- Gerresheimer AG
- Amcor Plc
- WestRock Company
- Huhtamaki Oyj
- Graham Packaging
- Berry Global Group, Inc.
- Plastipak Holdings, Inc.
- Pigeon Corporation
Market Report Segmentation
By Material- Glass
- Plastics
- Screw Cap
- Snap-On Caps
- Others
- 200 ML to 500 ML
- Below 200 ML
- 500 ML to 2,000 ML
- Above 2,000 ML
- Milk Store Bottle
- Baby Feeding Bottle
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Companies Mentioned
- Bormioli Luigi S.p.A. (Bormioli Rocco)
- Ajanta Bottle Pvt. Ltd.
- Gerresheimer AG
- Amcor Plc
- WestRock Company
- Huhtamaki Oyj
- Graham Packaging
- Berry Global Group, Inc.
- Plastipak Holdings, Inc.
- Pigeon Corporation
Methodology
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