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Milk Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global milk packaging market reached a value of US$ 40.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 51.3 Billion by 2027, exhibiting a CAGR of 4.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Milk packaging refers to the procedure of utilizing different types of containers to carry, identify, protect and enable merchandizing of milk. It aids in extending the shelf life of the packaged milk from a few hours to weeks and months. It acts as a barrier against microorganisms and other external factors like light and moisture. Apart from this, milk packaging plays a crucial link between the manufacturer and consumer for the safe delivery of the milk through different stages of production, storage, transportation, distribution and marketing. It also enables manufacturers to differentiate their products from those of their competitors.

Milk is a rich source of vitamins, minerals, proteins and fatty acids, and it assists in maintaining healthy bones, enhancing the immune system and preventing diseases like hypertension. Consequently, the demand for milk is increasing significantly which, in turn, is strengthening the growth of the global milk packaging market. Moreover, due to growing environmental awareness and consumers preference toward the usage of eco-friendly packaging materials, numerous manufacturers are financing in research and development (R&D) activities to introduce innovative packaging solutions. Further, the rising demand for single-serve milk packs is anticipated to impel the market growth in the upcoming years. Some of the other growth inducing factors are increasing global population, inflating income levels, rising number of health-conscious consumers, diversified applications of milk in the food and beverage industry and the easy availability of flavored milk variants in the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global milk packaging market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type and material type.

Breakup by Product Type:

  • Cups
  • Cans
  • Bottles
  • Pouches
  • Others
     

Breakup by Material Type:

  • Glass
  • Plastic
  • Metal
  • Paperboard
  • Others
     

Breakup by Region:

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

Competitive Landscape:

The report has also analyzed the competitive landscape of the market with some of the packaging companies being Amcor Limited, Indevco, Evergreen Packaging, Stanpac Inc., Elopak AS, Ball Corporation, Graham Packaging Company Inc, SF Holdings Group Inc., RPC Group Plc, Blue Ridge Paper Products, Crown Holdings, CkS Packaging, etc.

IMARC Group’s latest report provides a deep insight into the global milk packaging market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global milk packaging market in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Material Type, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Amcor Limited, Indevco, Evergreen Packaging, Stanpac Inc., Elopak AS, Ball Corporation, Graham Packaging Company Inc, SF Holdings Group Inc., RPC Group Plc, Blue Ridge Paper Products, Crown Holdings and CkS Packaging
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Milk Packaging Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Product Type
    5.5    Market Breakup by Material Type
    5.6    Market Breakup by Region
    5.7    Market Forecast
6   Market Breakup by Product Type
    6.1    Cups
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Cans
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Bottles
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Pouches
        6.4.1    Market Trends
        6.4.2    Market Forecast
    6.5    Others
        6.5.1    Market Trends
        6.5.2    Market Forecast
7   Market Breakup by Material Type
    7.1    Glass
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Plastic
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Metal
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Paperboard
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Others
        7.5.1    Market Trends
        7.5.2    Market Forecast
8   Market Breakup by Region
    8.1    Europe
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    North America
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Asia Pacific
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Middle East and Africa
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Latin America
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10  Value Chain Analysis
11  Porter’s Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12  Price Analysis
13  Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Amcor Limited
        13.3.2    Indevco
        13.3.3    Evergreen Packaging
        13.3.4    Stanpac Inc.
        13.3.5    Elopak AS
        13.3.6    Ball Corporation
        13.3.7    Graham Packaging Company Inc
        13.3.8    SF Holdings Group Inc.
        13.3.9    RPC Group Plc
        13.3.10    Blue Ridge Paper Products
        13.3.11    Crown Holdings
        13.3.12    CkS Packaging

List of Figures

Figure 1: Global: Milk Packaging Market: Major Drivers and Challenges
Figure 2: Global: Milk Packaging Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Milk Packaging Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Milk Packaging Market: Breakup by Material Type (in %), 2021
Figure 5: Global: Milk Packaging Market: Breakup by Region (in %), 2021
Figure 6: Global: Milk Packaging Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 7: Global: Milk Packaging Industry: SWOT Analysis
Figure 8: Global: Milk Packaging Industry: Value Chain Analysis
Figure 9: Global: Milk Packaging Industry: Porter’s Five Forces Analysis
Figure 10: Global: Milk Packaging (Cups) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 11: Global: Milk Packaging (Cups) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 12: Global: Milk Packaging (Cans) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 13: Global: Milk Packaging (Cans) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 14: Global: Milk Packaging (Bottles) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 15: Global: Milk Packaging (Bottles) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 16: Global: Milk Packaging (Pouches) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 17: Global: Milk Packaging (Pouches) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 18: Global: Milk Packaging (Other Product Types) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 19: Global: Milk Packaging (Other Product Types) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 20: Global: Milk Packaging (Glass) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 21: Global: Milk Packaging (Glass) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 22: Global: Milk Packaging (Plastic) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 23: Global: Milk Packaging (Plastic) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 24: Global: Milk Packaging (Metal) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 25: Global: Milk Packaging (Metal) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 26: Global: Milk Packaging (Paperboard) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 27: Global: Milk Packaging (Paperboard) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 28: Global: Milk Packaging (Other Material Types) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 29: Global: Milk Packaging (Other Material Types) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 30: Europe: Milk Packaging Market: Sales Value (in Billion US$), 2016 & 2021
Figure 31: Europe: Milk Packaging Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 32: North America: Milk Packaging Market: Sales Value (in Billion US$), 2016 & 2021
Figure 33: North America: Milk Packaging Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 34: Asia Pacific: Milk Packaging Market: Sales Value (in Billion US$), 2016 & 2021
Figure 35: Asia Pacific: Milk Packaging Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 36: Middle East and Africa: Milk Packaging Market: Sales Value (in Billion US$), 2016 & 2021
Figure 37: Middle East and Africa: Milk Packaging Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 38: Latin America: Milk Packaging Market: Sales Value (in Billion US$), 2016 & 2021
Figure 39: Latin America: Milk Packaging Market Forecast: Sales Value (in Billion US$), 2022-2027

List of Tables

Table 1: Global: Milk Packaging Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Milk Packaging Market Forecast: Breakup by Product Type (in Billion US$), 2022-2027
Table 3: Global: Milk Packaging Market Forecast: Breakup by Material Type (in Billion US$), 2022-2027
Table 4: Global: Milk Packaging Market Forecast: Breakup by Region (in Billion US$), 2022-2027
Table 5: Global: Milk Packaging Market Structure
Table 6: Global: Milk Packaging Market: Key Players


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Key Questions Answered in This Report

The global milk packaging market was valued at US$ 40.4 Billion in 2021.

We expect the global milk packaging market to exhibit a CAGR of 4.5% during 2022-2027.

The expanding applications of milk in the F&B sector, along with the shifting consumer preferences
towards the usage of eco-friendly packaging materials, are primarily driving the global milk packaging
market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations, resulting in the temporary closure of numerous manufacturing units
for milk packaging containers.

Based on the product type, the global milk packaging market has been segmented into cups, cans,
bottles, pouches, and others. Currently, pouches hold the majority of the total market share.

Based on the material type, the global milk packaging market can be divided into glass, plastic, metal,
paperboard, and others. Among these, paperboard exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Middle East
and Africa, and Latin America, where Asia Pacific currently dominates the global market.

Some of the major players in the global milk packaging market include Amcor Limited, Indevco,
Evergreen Packaging, Stanpac Inc., Elopak AS, Ball Corporation, Graham Packaging Company Inc, SF
Holdings Group Inc., RPC Group Plc, Blue Ridge Paper Products, Crown Holdings, CkS Packaging, etc.

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