Global Baby Food Packaging Market Size, Sector / Industry Report & Analysis 2020, & Forecast 2021-2026 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Baby Food Packaging Market


The global Baby Food Packaging market size is projected to reach US$ 87.01 billion by 2026, from US$ 57.98 billion in 2020, at a CAGR of 7% during 2021-2026. Rising demand for baby food products across the globe is anticipated to boost the market growth. Furthermore, increasing number of nuclear families in developing countries including Mexico, Brazil, China, and India is expected to have a positive impact on the market growth.
In addition, constant product innovations, in terms of designs and materials, is projected to boost the demand further. The development of biodegradable materials, such as paper, is expected to provide new growth opportunities to the market. For instance, in September 2018, Square Baby launched recyclable cold chain packaging products for infant foods.

Thus, high demand for paperboard packaging and thin wall packaging, as these materials are lightweight, easy to use, safe, and reusable, is also expected to be one of the key growth-driving factors for the market. Moreover, the freshness and longer product shelf life provided by paperboard packaging is expected to boost its demand over the coming years.
However, liquid carton packaging is expected to be the fastest-growing segment at a CAGR of 7.9% from 2019 to 2025. North America was the dominant regional market in 2018 and will expand further at a steady CAGR over the next six years. Asia Pacific, on the other hand, is projected to witness the fastest growth rate from 2019 to 2025.

Market Segmentation, Outlook & Viewpoint: Global Baby Food Packaging Market

Product Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025)

  
Metal
  
Glass
  
Rigid Plastic
  
Liquid Cartons
  
Paperboard Packaging
  
Others

Application Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025)

  
Dried
  
Prepared
  
Milk Formula
  
Others

Key Players, Recent Developments & Regional Insights: Global Baby Food Packaging Market

On the basis of product, the global baby food packaging market has been segmented into metal, glass, rigid plastic, liquid cartons, paperboard packaging, and others. Rigid plastic is anticipated to be the largest product segment over the forecast period. This growth is credited to the high demand for safe and flexible packaging materials. The liquid carton is expected to be the fastest-growing segment at a CAGR of 7.9% from 2019 to 2025. This growth is attributed to the constant product innovations in the segment.

Application Insights

On the basis of application, the global market has been divided into dried food, prepared food, milk formula, and others. The milk formula application segment is expected to lead the global market during the forecast period on account of high demand for milk-based baby foods across the globe.

Dried products is expected to be the fasted-growing application segment at a CAGR of 7.9% from 2019 to 2025. This growth is attributed to the high demand for durable and easy to carry dried baby foods in developing countries including India, China, and Bangladesh due to busy lifestyles and hectic work schedules.

Regional Insights
North America generated the largest revenue of USD 20.09 billion in 2018 on account of high demand for packaged baby food products in countries, such as U.S. and Canada. Furthermore, changing lifestyles and rising consumer disposable income levels in countries like Mexico is expected to boost the demand for packaged baby food products, thereby supporting market growth. Asia Pacific is projected to witness the fastest CAGR of 8.0% from 2019 to 2025.
This is attributed to increasing consumer disposable income levels in emerging economies, such as China, India, and Bangladesh. Furthermore, strong foothold of key baby food manufacturers in China and Japan as a result of easy access of raw materials and presence of advanced infrastructure for food processing is expected to remain a favorable factor for regions growth.

Baby Food Packaging Market Share Insights

Some of the key companies in the market include Rexam, Inc.; Tata Tinplate Company of India; Bericap GmbH & Co. KG; Pretium Packaging LLC; Bemis Company, Inc.; Hood Packaging Corp.; Ball Corp.; Flexible Packaging Corp.; Hindustan National Glass & Industries Ltd. (HNGIL); and Tetra Pak. These companies have undertaken several market strategies, such as mergers and acquisitions and product development, to acquire a larger market share.

Key Insights Covered: Global Baby Food Packaging Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Baby Food Packaging industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Baby Food Packaging industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Baby Food Packaging industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Baby Food Packaging industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Baby Food Packaging industry.

Research Methodology: Global Baby Food Packaging Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other