Report ID: UCMIG30I2151
Report ID:
UCMIG30I2151 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The dairy packaging market worldwide was worth USD 62.56 billion in 2018, and it is forecast to expand at a Compound Annual Growth Rate (CAGR) of 4.19% during the estimated period. The consumption of dairy products is on the rise due to the growing emphasis on leading a healthy lifestyle, which has led to increased demand for these products. Moreover, the demand for environmentally friendly and sustainable products is increasing, which is expected to drive growth in the dairy packaging market.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Packaged Foods & Meats by segment aggregation, the contribution of the Packaged Foods & Meats in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG30I2151