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The global milk packaging market was valued at $36,157 million in 2016, and is projected to reach at $49,809 million by 2023, growing at a CAGR of 4.6% from 2017 to 2023. Milk packaging has witnessed significant changes from traditional methods to new and innovative techniques. In addition, packaging can be done through glass bottles, plastic bottles, cans & cartons, and pouches for convenience of consumers. Milk packaging constitutes a crucial link between the manufacturers and end users for efficient & safe delivery of milk through different stages such as storage, transport, distribution, and marketing.
Top Companies Covered in this Report:
- Tetra Pack
- Amcor Limited
- Evergreen Packaging
- Ball Corporation
- Clondalkin Group Holdings
- Blue Ridge Paper Products
- Crown Holdings
- CKS Packaging
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What is the Dynamics of Milk Packaging Market?
This report projects the trends & opportunities of the global milk packaging market. It includes the qualitative & quantitative analyses along with comprehensive research methodologies and reliable projections to understand the present overview, market growth, predict the market behavior during the forecast period.
What is the SCOPE of Milk Packaging Market?
The global milk packaging market is driven by increase in milk consumption across the globe coupled with change in lifestyles of consumers. Several ecological factors, such as increase in consumer expenditure and rise in environmental concerns among consumers boost the market growth.
What is the Market Segmentation?
In addition, plummeting production costs of several milk packaging products, such as paper and plastic, along with ease of recycling drives the market growth. However, environmental concerns associated with the use of plastic bags are expected to hamper the market growth during the forecast period.
What is the Regional Framework of Milk Packaging Market?
The global milk packaging market is segmented based on packaging type, material, and geography. Based on packaging type, it is categorized into cups, cans, bottles, pouches, and others. Based on material, it is classified into glass, plastic, metal, paperboard, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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