Dairy Carton Market: Overview
Dairy cartons are primarily used to keep inside dairy products as fresh as possible. These cartons are specifically designed to ensure shelf life and quality of dairy products such as milk, buttermilk, cream, butter, and many others. The market for a dairy carton is gaining significant traction in order to reduce food spoilage and wastage. The leak-proof dairy cartons further help to avoid spills during transportation. A typical shelf-ready or aseptic dairy carton consists of nearly 74% paper, 22% plastic and 4% aluminium whereas gable top cartons consist of nearly 80% paper and 20% plastic combination for packaging of dairy products.
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The barrier coatings give additional protection from air and UV rays which further helps to contaminant-free preservation of dairy products. Dairy cartons are manufactured as per the regulations of the Food and Drug Association (FDA). These cartons are not wax coated therefore it ensures the safety of food and dairy products. The market of the dairy carton is highly competitive where many buyers and sellers are contributing to lucrative growth opportunities of the market. Owing to above mentioned benefits, the market of dairy cartons is anticipated to gain exponential growth in the next decade.
Dairy Carton Market: Dynamics
Bacteria free preservation of dairy products is the key factor for driving the dairy carton market across several regions. Furthermore, dairy cartons are manufactured from recyclable materials. Ease of recyclability at a minimal cost also drives the market of dairy cartons. Apart from this, dairy cartons are easy to stack and require less space for storage. Using such cartons, end users are able to transport dairy products safely without spillage. This helps end users to increase their sales through export and enhancing global presence.
The dairy cartons are also considered an effective tool for branding and promotions. The surface quality and lamination ensure good printability which helps the end-users for promoting their products. The expansion of the food and beverage sector is responsible for creating growth opportunities for the dairy carton market.
Changing packaging trends might create a negative impact on the growth of the dairy carton market. Flexible packaging in the form of pouches, flow wraps, and many others are increasingly preferred by the consumers. However, dairy carton is an effective packaging solution for large quantity products.
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Dairy Carton Market: Regional Overview
Increasing consumption of dairy products boosting the growth opportunities for dairy carton market. The demand and supply of dairy carton is analyzed in several regional markets which includes the Americas, Europe, Oceania, South Asia, East Asia, and Middle East and Africa. In North America, higher consumption of packed and dairy food leading to more consumption of dairy cartons. The Canada dairy carton market is estimated to grow with high growth rate compared to the United States market. In Latin America, Brazil dairy carton market is estimated to hold maximum market share during the forecast period.
The ready-to-cook and ready-to-eat food trends in European countries also responsible for boosting the global market of dairy cartons. With the increasing awareness health issues and increasing demand of non-contaminated dairy products, lucrative opportunities are expected for the dairy carton market in Asia Pacific region. The Oceania dairy carton market is anticipated to expand with less growth rate in next five years.
Dairy Carton Market: Key Players
The market of dairy carton market is dynamic and many key players are participating in the market at regional and global level for significant revenue generation.
The key players of dairy carton market are as follows:
- Mondi Group
- Amcor Plc
- Greatview Aseptic Packaging Company
- SIG Combibloc Group
- Evergreen Packaging
- Tetra Pak
- Elopak
- Refresco Group N.V.
Apart from this many other players are participating in dairy carton market for revenue generation.
The Dairy Carton market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Regional analysis includes –
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia
- Middle East & Africa (MEA)
Dairy Carton Market: Segment
The dairy carton market is segmented on the basis of product, coating material, capacity, and closures. The detailed segmentation of dairy carton market is as follows:
On the basis of product, the market is segmented as
- Aseptic Carton
- Gable Top Carton
On the basis of coating material, the market is segmented as,
- Paper
- Plastic
- Aluminium
On the basis of capacity, the market is segmented as,
- Up to 100 ml
- 101 – 500 ml
- 501 ml -1000 ml
- Above 1000 ml
On the basis of closures, the market is segmented as,
- Without closures
- With closures
- Screw Caps
- Flip flops
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Report Highlights:
- A detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth segmentation of the market
- Historical, current, and projected size of the market, regarding volume and value
- Recent industry trends and developments
- Competitive landscape in the market
- Strategies for key players operating in the market and products offered by them
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on performance of the market
- Must-have information for market players to sustain and enhance their market footprint.