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Milk Packaging Market Research Report 2019, Industry Trends, Share, Size, Demand and Future Scope

Food & Beverages

According to the latest report by IMARC Group titled, “Milk Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global milk packaging market is expected to grow at a CAGR of around 3% during 2019-2024.

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Milk packaging is a type of flexible packaging that is used for protecting milk from contamination, along with extending its shelf life. Most commonly, it includes bags, cans, containers, pouches, cartons, plastic bottles, and jars. It helps in retaining the freshness of milk, along with providing secure storage and handling. It also enables merchandising, printing information about product ingredients, and avoiding distribution damages. In recent years, the increasing consumption of milk across households, restaurants, cafes, and hotels has augmented the demand for milk packaging, particularly single-serve packs. 

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Rising health consciousness, coupled with the increasing consumer awareness of the high nutritional value of milk, has stimulated its daily consumption. Apart from this, growing environmental concerns, along with stringent governmental regulations banning single-use plastic, have catalyzed the demand for eco-friendly materials for milk packaging, such as paperboard. It not only provides high recyclability but also ensures durable and leakage-free packaging. Moreover, the prevalent trend of on-the-go consumption has fueled the utilization of HDPE, glass, and tetra packs.

Explore full report with table of contents: https://www.imarcgroup.com/milk-packaging-market

Key Market Segmentation:

Breakup by Product Type:

• Cups
• Cans
• Bottles
• Pouches
• Others 

Breakup by Material Type:

• Glass
• Plastic
• Metal
• Paperboard
• Others

Breakup by Region:

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

Competitive Landscape

The report has also examined the competitive landscape of global milk packaging market. Some of the major players in the market are 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.

Key highlights of the report:

• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Competitive Structure 
• Profiles of Key Players

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