Asia Pacific Dairy Packaging Market size was worth USD 5.24 billion in 2024 and estimated to be growing at a CAGR of 5.35%, to reach USD 7.95 billion by 2032.
Packaging is anything which is utilized to handle, contain, protect, and deliver raw material and processed goods. The main reason for packaging is to provide consumer with products in perfect condition. Few advantages of packaging include providing information to a consumer regarding the product contents for example, ingredients information, usage procedure, etc. Increasing awareness about health, consumption of various dairy products resulting from rising demand for fresh foods as part of a healthy diet, and increasing urbanization are major trends of the dairy food packaging market.
Demand for dairy packaging is estimated to grow during the forecast period majorly because of the growth in offerings of dairy items in smaller packs and rising disposable income. Furthermore, the demand for packaging is growing because of the growing popularity of smaller packs and increasing consumer preference for dairy products like yogurt.
But still, few major restraining factors of the dairy food packaging market are ensuring compliance for product safety, growing cost of raw material, sanitation and worker safety. Nonetheless, usage information on the packaging can dissuade a buyer from buying which is one of the primary disadvantage for dairy packaging market.
Asia-Pacific is likely to exhibit highest CAGR in the dairy packaging market during the aforementioned forecast period because of the growing R&D facility. Emerging countries like China and India are expected to lead this growth trend in Asia-Pacific.
Major key players in the Asia Pacific Dairy Packaging Market are Amcor Limited, Alcoa Inc., Ball Corporation, DuPont (EI) de Nemours, Reynolds Group Holdings Limited, Crown Holdings, Inc. , Saint-Gobain S.A., Tetra Laval International S.A. to name a few.
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