How big is the Milk Packaging Market?

The Milk Packaging Market size is expected to reach USD 47.89 billion in 2024 and grow at a CAGR of 4.60% to reach USD 59.96 billion by 2029. Read More

What is the current Milk Packaging Market size?

In 2024, the Milk Packaging Market size is expected to reach USD 47.89 billion. Read More

Who are the key players in Milk Packaging Market?

Stanpac Inc., Mondi PLC, Tetra Pak International SA, Ball Corporation and Pactiv Evergreen Inc. are the major companies operating in the Milk Packaging Market. Read More

Which is the fastest growing region in Milk Packaging Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Milk Packaging Market?

In 2024, the North America accounts for the largest market share in Milk Packaging Market. Read More

What years does this Milk Packaging Market cover, and what was the market size in 2023?

In 2023, the Milk Packaging Market size was estimated at USD 45.69 billion. The report covers the Milk Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Milk Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Milk Packaging Market Share

Statistics for the 2023 & 2024 Milk Packaging market share, created by Mordor Intelligence™ Industry Reports. Milk Packaging share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Milk Packaging Industry

The milk packaging market is fragmented as unorganized players directly impact the existence of local and global players in the industry. Local farms use e-commerce and can attract customers by providing convenience and flexibility. Moreover, the growth in milk production is driving the players to develop better packaging solutions, making the milk packaging market highly competitive. Some of the key players in the market are Evergreen Packaging LLC, Elopak AS, Tetra Pak International SA, Stanpac Inc., and Ball Corporation. These players constantly innovate and upgrade their product offerings to cater to the increasing market demand.

March 2024: Elopak, a Norwegian food packaging company, commenced construction on its inaugural US production facility at the Little Rock Port Authority. With an investment of USD 70 million, the plant is set to manufacture cartons for various products, including milk, juices, plant-based items, and liquid eggs. Installation of production equipment is slated for the fourth quarter of 2024, with the facility aiming for full operational status by the first quarter of 2025.