Valley Cottage, NY -- (SBWIRE) -- 07/15/2019 -- Dairy products are perishable in nature. Hence, a lot of dairy products are damaged during storage and transportation. Dairy containers filled via aseptic packaging have proven to enhance the shelf life of dairy products and maintain nutritional value till the point of consumption. Dairy containers are manufactured from the finest quality raw materials such as plastic, paper/paperboard, glass, and metal. Dairy containers are widely used for the packaging of dairy products such as milk, butter, cream, yogurt, and other dairy products. The plastic segment is expected to dominate the global dairy containers market due to its light-weight as well as rugged and resilient nature. Increasing consumption of dairy products across the globe is foreseen to create a positive outlook for the growth of the global dairy containers market during the forecast period.
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Dairy Containers Market: Dynamics
Dairy containers are witnessing significant traction due to the increasing consumer demand for convenient, sustainable, and affordable packaging solutions. The dairy packaging industry is fast-evolving and expanding at a notable growth rate, which is likely to create substantial demand for the growth of the global dairy containers market. Increasing focus on food safety by consumers, compels dairy processors to pack their products in proper packaging formats such as dairy containers. Also, growing disposable income, rise in modern retail, and continuous increase in per capita milk consumption is leading to a surge in demand for dairy containers during the forecast period. Despite positive synopsis, fluctuations in raw material prices and increasing packaging regulations across the globe, especially for plastic packaging, are affecting the growth of the dairy containers market during the forecast period. However, an overall heave in the consumption of dairy products is likely to propel the growth of the global dairy containers market during the forecast period.
Dairy Containers Market: Segmentation
On the basis of material type, the dairy containers market is segmented into:
Plastic Polyethylene (PE) Polyethylene Terephthalate (PET) Polypropylene (PP) Others
Paper/Paperboard
Glass
Metal
On the basis of application, the dairy containers market is segmented into:
Milk
Butter
Cream
Yogurt
Other Dairy Products
Dairy Containers Market: Regional Outlook
The consumption of dairy products is increasing in emerging economies such as India, China, and South-East Asian countries. This factor is anticipated to create an enormous opportunity for the growth of the dairy containers market during the forecast period. Thus, the Asia Pacific excluding Japan region is projected to register a notable growth rate during the forecast period. The foremost economies in Western Europe region such as Germany, France, U.K., and Italy are likely to drive the growth of the dairy containers market during the forecast period. Increasing disposable incomes and the rising popularity of dairy products are among the factors fueling the growth of the dairy containers market in the Western Europe region. North America is a significant shareholder of the global dairy containers market and is projected to witness a healthy growth rate during the forecast period. The U.S. is expected to remain dominant in terms of the market share, while Canada is expected to outpace the U.S. in the growth rate of the dairy containers market during the forecast period. In Latin America, Brazil is likely to drive the growth of the dairy containers market during the forecast period. The Japan dairy containers market is expected to witness positive growth during the forecast period.
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Dairy Containers Market: Key Players
Examples of some of the key players operating in the global dairy containers market are:
Amcor Limited
Parekhplast India Limited
All American Containers
Quinn Packaging
Stanpac
Polyoak Packaging
Glow Packaging Private Limited
CKS Packaging, Inc.