Baby Food Packaging Market 2020 Global Analysis, Segments, Size, Share, Industry Growth and Recent Trends by Forecast to 2027
Market Analysis
The Global
Baby Food Packaging Market is predicted to grow at a healthy CAGR
between 2016- 2022, states the recent Market Research Future (MRFR) analysis.
Baby food packaging, simply put, is the packaging materials used to pack food
material for toddlers and infants. Paper, metal, polymer, and glass are the
different types of materials used in baby food packaging. It has wide
applications in dried baby food, liquid milk, and powder milk.
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Various factors are propelling the global baby food packaging
market share. As per the current MRFR report, such factors include the growing
need for baby food products in the world, rise in nuclear families in
developing countries, constant product innovations with regards to materials
and designs, and availability of biodegradable materials like paper. Additional
factors adding market growth include the surging demand for stand-up pouches
for its long shelf life, need for food safety, demand for convenience foods,
increasing health awareness, particularly food hygiene, and reusability &
convenience of use, rapid urbanization, increasing hectic lifestyle, and
increased disposable income.
On the contrary, the ongoing COVID-19 impact may limit the
global baby food packaging market growth over the forecast period.
Key Players
Eminent contenders profiled in the global baby food
packaging market report include FPC Flexible Packaging Corp, Cascades Inc,
Tetra Pak India Pvt Ltd, Tata Tinplate Company of India (TCIL), MeadWestvaco
Corporation, ITC Ltd Paperboards, Hindustan National Glass & Industries
Ltd, Essel Propack Limited, and Bericap India Pvt. Ltd., among others. Industry
players have encompassed several strategies to stay at the forefront and also
cater to the customers growing needs such as extensive research and development
activities, mergers and acquisitions, joint ventures and partnerships,
collaborations, strategic alliances, contracts, new product launch, and
development, among others.
Market Segmentation
The MRFR report offers an inclusive segmental analysis of
the global baby food packaging market based on sealing and handle, material
type, raw material, and application.
By sealing and handle, the global baby food packaging market
is segmented into patch handle, spout top, zipper top, and heat seal.
By material type, the global baby food packaging market is
segmented into paper, metal, polymer, and glass.
By raw material, the baby food packaging market is segmented
into metal packaging material, packaging paperboard material, rigid plastic
packaging material, glass packaging material, and flexible packaging material.
Of these, the flexible packaging material segment will lead the market over the
forecast period, while the rigid plastic packaging material segment will grow
at a high CAGR.
By application, the global baby food packaging market is
segmented into dried baby food, liquid milk, and powder milk. Of these, the
powder milk segment will dominate the market over the forecast period.
Regional Analysis
Based on the region, the baby food packaging market report
covers the growth opportunities and recent trends across the Asia Pacific
(APAC), North America, Europe, and the Rest of the World (RoW). Of these, North
America will lead the market over the forecast period. Burgeoning demand for
baby food products is adding to the global baby food packaging market growth in
the region.
The global baby food packaging market in Europe is predicted
to hold the second-largest share during the forecast period. This is followed
by the APAC region. Increasing awareness about the various benefits of baby
food products, growing need for convenience baby edible products, and an
increasing percentage of working women are adding to the global baby food
packaging market growth in the region. China, Japan, and India have the maximum
share in the market.
The global baby food packaging market in the RoW is
predicted to have sound growth over the forecast period.
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