Global Dairy Packaging Market Value of USD 25.55 Billion by 2020

Date: 2015-12-22

Dairy products are easily susceptible to contamination and on prolonged exposure to atmosphere can get soil, making it unfit for human consumption. To satisfy the needs of the consumers who are becoming more health conscious, the dairy industry is slowly changing itself to suit the changing consumer needs. They are now offering range of products which are in line with consumer expectations.

One of the major factors which are contributing to this trend is the development of highly efficient packaging solutions for dairy products. The initiatives which have been taken by the packaging companies in terms of innovations and offerings have greatly contributed to the market growth of dairy market.

The report predicts that the global dairy packaging market will reach a total market value of $25.55 billion by the end of 2020 at a compound annual growth rate of 3.52% for the forecast period.

As the consumption of dairy products grows across the globe, so will be the demand for efficient packaging systems which are sustainable environmentally and can provide products with a longer shelf life. The different sizes and formats of packaging are also contributing the demand of dairy packaging products.

Companies Mentioned:

Mondi Group
RPC Group
Silgan Holdings
Tetra Laval
DS Smith Plc
Prolamina Packaging

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