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Milk Packaging Market Report and Forecast 2023-2028

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    Report

  • 178 Pages
  • September 2023
  • Region: Global
  • Expert Market Research
  • ID: 5878862
According to the report, the global milk packaging market reached a value of USD 42.54 billion in 2022. Aided by the surging emphasis on sustainable and efficient packaging, the market is projected to further grow at a CAGR of 3% between 2023 and 2028 to reach a value of USD 50.82 billion by 2028.

Milk, as a vital dietary staple across many cultures globally, necessitates safe, functional, and efficient packaging. The primary function of milk packaging is to shield the product from external agents, ensure its long shelf life, and facilitate easy transportation and storage. Over the years, milk packaging has evolved significantly, from traditional glass bottles to modern, recyclable materials, reflecting the dynamic consumer demands and technological advancements.

The milk packaging market demand is getting bolstered by the rising global population and the intrinsic health benefits associated with milk consumption, such as calcium and essential vitamins, drive the surge in milk demand. This, in turn, necessitates innovative packaging solutions that not only ensure product safety but also resonate with the modern consumer's sustainability and convenience aspirations.

In tandem with the global movement towards sustainability, eco-friendly packaging solutions are progressively gaining prominence. Packaging materials like bioplastics, which have a lower carbon footprint and are often compostable, are making their foray into the milk packaging market. Manufacturers are also exploring refill and reuse models to minimise single-use plastic waste.

The convenience factor is another pivotal driver in the milk packaging market growth. With urbanisation on the rise and hectic lifestyles becoming the norm, there's a marked preference for single-serve and easy-to-carry milk packages. Tetra packs, pouches, and PET bottles equipped with easy-open lids, spill-proof designs, and longer shelf lives are seeing increased adoption, especially in urban regions.

Modern technologies like smart packaging are also beginning to mark their contribution in the milk packaging market outlook. QR codes, NFC chips, and other interactive elements are getting integrated into milk packaging, offering consumers detailed product information, origin traceability, and even augmented reality experiences. These technological inclusions not only enhance consumer engagement but also elevate brand trust and loyalty.

Market Segmentation

The market can be divided based on product type, material type, and region.

Market Breakup by Product Type

  • Cups
  • Cans
  • Bottles
  • Pouches
  • Others

Market Breakup by Material Type

  • Glass
  • Plastic
  • Metal
  • Paperboard
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global milk packaging market. Some of the major players explored in the report are as follows:
  • Amcor plc
  • Industrial Development Company sal
  • Stanpac Inc.
  • Graham Packaging Company Inc
  • Crown Holdings
  • Others

About the Publisher

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This high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.

*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Milk Packaging Market Analysis
8.1 Key Industry Highlights
8.2 Global Milk Packaging Historical Market (2018-2022)
8.3 Global Milk Packaging Market Forecast (2023-2028)
8.4 Global Milk Packaging Market by Product Type
8.4.1 Cups
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Cans
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Bottles
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Pouches
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Milk Packaging Market by Material Type
8.5.1 Glass
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Plastic
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Metal
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Paperboard
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Milk Packaging Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Milk Packaging Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Milk Packaging Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Milk Packaging Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Milk Packaging Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Milk Packaging Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Amcor plc
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Industrial Development Company sal
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Stanpac Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Graham Packaging Company Inc
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Crown Holdings
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Milk Packaging Market: Key Industry Highlights, 2018 and 2028
2. Global Milk Packaging Historical Market: Breakup by Product Type (USD Billion), 2018-2022
3. Global Milk Packaging Market Forecast: Breakup by Product Type (USD Billion), 2023-2028
4. Global Milk Packaging Historical Market: Breakup by Material Type (USD Billion), 2018-2022
5. Global Milk Packaging Market Forecast: Breakup by Material Type (USD Billion), 2023-2028
6. Global Milk Packaging Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Milk Packaging Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Milk Packaging Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Milk Packaging Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Milk Packaging Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Milk Packaging Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Milk Packaging Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Milk Packaging Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Milk Packaging Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Milk Packaging Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Milk Packaging Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Milk Packaging Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Milk Packaging Market Structure

Companies Mentioned

  • Amcor Limited
  • Industrial Development Company sal
  • Stanpac Inc.
  • Graham Packaging Company Inc
  • Crown Holdings

Methodology

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Table Information