|Base Year Market Size
|USD 43.23 Billion
|Forecast Year Market Size
|USD 63.69 Billion
|Fastest Growing Market
The global milk packaging market size was valued at USD 43.23 billion in 2022 and is projected to reach USD 63.69 billion by 2031, registering a CAGR of 4.4% during the forecast period 2023-2031. The growing preference for eco-friendly Packaging and rising flavored milk consumption are projected to boost milk packaging market growth.
Milk packaging is the process of enclosing and protecting milk and milk-based products from manufacture through consumption to maintain their freshness, quality, and safety. Packaging is critical in keeping milk's nutritious value, reducing contamination, and permitting simple storage and transportation. Milk packaging materials and formats of various varieties are utilized to meet the varying needs of customers and the dairy industry.
The rising demand for milk in ice cream, cheese, butter, curd, and other products is the primary driver of market expansion. Because milk products are typically fast-moving consumer commodities easily consumed and in great demand, this is one of the key factors driving demand for milk packaging products. However, the global population's increasing absence of toes in toddler ant (i.e., inability to ingest dairy products) diminishes milk product consumption, acting as a restricting factor that reduces global market share.
Milk consumption has steadily increased as the world's population and dietary choices have changed. The demand for efficient and effective milk packaging solutions develops as more people incorporate milk and dairy products into their diets. With its large population and rising middle-class prosperity, China has seen a significant increase in milk consumption. More Chinese consumers are incorporating dairy products into their diets as they become more aware of the nutritional benefits of milk. According to Statista, the consumption of liquid milk in China has increased significantly over the years. China produced roughly 39.3 million metric tons of cow's milk in 2022, the greatest volume in recent years.
Furthermore, India is yet another country experiencing a dairy boom. With a growing population and urbanization, India's demand for milk and dairy products is increasing. According to India's National Dairy Development Board (NDDB) report, milk production has expanded dramatically. India will produce roughly 221 million metric tons of milk in 2021-22, making it the world's largest producer. The increased global milk consumption is a major driver of the milk packaging business. It is reinforced by data indicating rising per capita consumption in nations such as China and India. The milk packaging market trend emphasizes the need for creative and sustainable solutions to meet the growing demand for dairy products and ensure their accessibility to customers worldwide.
Concerns over plastic waste and rising environmental awareness have prompted calls for new sustainable packaging choices. The environmental impact of traditional plastic milk bottles and containers is frequently criticized. Plastic waste is one of the most serious environmental challenges in milk packaging. While lightweight and convenient, traditional plastic milk bottles contribute to the global plastic pollution problem. In landfills, these bottles can take hundreds of years to degrade, and many end up in seas and streams, endangering marine life and ecosystems.
According to the Ellen MacArthur Foundation, if plastic pollution continues, there may be more plastic in the ocean than fish by weight by 2050. This startling statistic emphasizes the critical importance of tackling plastic waste in packaging, including milk containers. This constraint has encouraged the dairy sector to investigate and invest in environmentally friendly packaging materials and recycling activities, which can be more expensive and necessitate changes to existing packaging methods.
The global shift toward sustainability has created a significant opportunity for dairy companies to embrace and promote sustainable packaging options. These solutions not only meet customer desires but also contribute to environmental conservation. Tetra Pak, a prominent manufacturer of packaging solutions, has made great advancements in sustainable Packaging. They have launched boxes made from renewable materials, such as paperboards from responsibly managed forests and plant-based plastic caps.
Tetra Pak reached key milestones in 2022, cutting operating greenhouse gas (GHG) emissions by 39% and sourcing 84% of energy from renewable sources. This puts the corporation on track to achieve net zero in its operations by 2030. Examples from major firms such as Tetra Pak back the opportunity for sustainable packaging solutions in the global milk market. Global market insights forecast that as customers emphasize sustainability, dairy companies can take this chance to suit consumer needs while contributing to a greener future.
The global milk packaging market analysis is conducted in North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America.
Asia-Pacific is the most significant global milk packaging market shareholder and is estimated to grow at a CAGR of 4% over the forecast period. The contributing factors include the Asia-Pacific is one of the homes of the world's largest manufacturing food and beverage plant, coming up with wide varieties of milk products in this region, more people moving to urban areas to generate more dairy product requirements due to change in lifestyle and others are accountable to the increasing growth of the market. The increasing availability of packaged dairy products through various retailing channels and an increasing consumer appetite for protein-based goods are some factors assisting in adopting dairy-based Packaging in the Asia-Pacific region. It is also predicted to help drive market growth.
Moreover, rising disposable incomes and population fuel the region's need for staple foods. Increased dairy product consumption is important in improving child nutrition and the lives of farmers in the region. Furthermore, the rising standard of life and an older population boost the attractiveness of these businesses. Customers' purchasing power improves when disposable income rises in developing countries such as India and China. As a result, consumer reliance on processed, pre-cooked, and packaged foods is anticipated to expand. Such customer spending and taste changes are projected to contribute to market growth.
North America is anticipated to exhibit a CAGR of 4.3% over the forecast period. The global market in North America is significant, reflecting the region's considerable consumption of milk and dairy products. The United States and Canada are major players in this sector. To comply with sustainability aims, dairy companies in North America have progressively utilized eco-friendly packaging materials such as recyclable plastic bottles and plant-based cartons in recent years. The dairy industry in the United States has made tremendous progress in decreasing its carbon footprint and encouraging sustainability in Packaging, according to the American Dairy Products Institute (ADPI).
Furthermore, according to the USDA, U.S. dairy exports hit USD 9.5 billion last year, exceeding the 2021 dairy export value record by 25% and representing an 85% increase in only the last ten years. Furthermore, U.S. dairy exports reached 2.82 million metric tons in 2022, a new high and a 52% rise over the previous decade. Consumption trends, sustainability measures, and rising demand for milk alternatives impact the North American milk packaging industry. To address customer demands for safe, fresh, and environmentally responsible milk products, dairy producers in the region are navigating these dynamics by implementing new packaging options while conforming to regulatory norms.
Europe has one of the world's largest milk packaging marketplaces, given the region's high dairy consumption. It includes Western and Eastern European countries and the European Union (E.U.). Conventional and organic liquid milk is typically packaged in aseptic paperboard cartons in Europe. These cartons are intended to increase the shelf life of milk without requiring refrigeration. The European Dairy Association estimates that the EU-27 will produce around 161 million metric tons of milk in 2021, with carton packaging being a popular alternative for retail distribution. In the European milk packaging market, sustainability is a prominent trend. Dairy producers actively pursue environmentally friendly packaging materials such as recyclable cartons and glass bottles. However, like other regions, Europe has experienced increased consumption of milk substitutes such as soy milk and almond milk. Dairy industries are facing competition from plant-based alternatives.
The LAMEA region has a sizable and expanding global market. It covers Latin American, Middle Eastern, and African countries with various amounts of milk consumption. Aseptic paperboard cartons, often supplied by businesses such as Tetra Pak, are commonly used for packaging milk, laban (fermented dairy drink), and other dairy products throughout the Middle East, including nations such as Saudi Arabia and the United Arab Emirates.
|By Packaging Type
|Ball Corporation Tetra Pack Blue Ridge Paper Products Clondalkin Group Holdings Elopak Evergreen Packaging Indevco Amcor Limited Crown Holdings CKS Packaging
|U.K. Germany France Spain Italy Russia Nordic Benelux Rest of Europe
|China Korea Japan India Australia Singapore Taiwan South East Asia Rest of Asia-Pacific
|Middle East and Africa
|UAE Turkey Saudi Arabia South Africa Egypt Nigeria Rest of MEA
|Brazil Mexico Argentina Chile Colombia Rest of LATAM
|Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
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The global milk packaging market is segmented based on type, materials, and region.
Type is further segmented into Cups, cans, bottles, and pouches.
Pouches hold the major share of the market. Pouches are versatile packaging options for materials such as plastic or laminated films. They are available in a variety of sizes and may feature resealable closures. Pouches have acquired market domination due to various advantages they provide over other packaging formats, including lightweight, handy, and flexible, making them easy to handle and transport. They are portable and occupy little room, making them ideal for on-the-go consumption. They may be readily carried, stored, and poured without additional tools or utensils.
Cups are commonly composed of plastic or paperboard and available in various sizes, including single-serve and larger versions. Cups are useful for portion control and on-the-go consumption. They're frequently found in yogurt, flavored milk, and dairy-based desserts.
The segment can be further bifurcated by material into Glass, plastic, metal, and paperboard.
Paperboard accounts for the largest share of the market. Paperboard milk packaging refers to cartons made of laminated paperboard materials, often lined or coated with plastic for moisture resistance. The primary factors driving this segment's growth include sustainability, as paperboard is an environmentally benign packaging material made from renewable resources, namely wood pulp from sustainably managed forests. It is recyclable, biodegradable, and has a reduced carbon footprint than many other types of Packaging. The growing customer preference for environmentally friendly Packaging has increased demand for paperboard in milk packaging.
Plastic milk packaging can be made from various materials, including HDPE (High-Density Polyethylene) and PET (Polyethylene Terephthalate). These are used in a variety of dairy products. Plastic is light, shatterproof, and inexpensive. It has a wide range of packing forms and sizes. Some plastics are recyclable, and efforts are underway to improve plastic packaging sustainability.