Baby Food Packaging Market Revenue Growth During the Forecast Period 2020-2024
Baby food packaging is of paramount importance for consumers to safeguard the quality of the packaged food. The baby food packaging market has evolved from the use of glass jars to plastics and other materials that are easy to store and are low in cost. The packaging of baby food is available in various types such as folding cartons, metal cans, thin wall containers, stand-up pouches that are suitable for different food types such as dried, milk formula, prepared, and other baby food. The demand for stand-up pouches is on the rise owing to their long shelf life.
The report presents an in-depth analysis of the development aspects of the global baby food packaging market for the 2016-2024 period. Besides this, technological and design innovations in the packaging of baby food are discussed at length in this report. The research report has been prepared after an extensive research phase to present the growth trajectory of the global baby food packaging market until the end of the forecast period in 2024. The report provides a granular view of the market segments along with the factors influencing them. In this report, the current competitive structure is analyzed based on which the changing competitive hierarchy is presented factoring in market fluctuations.
Global Baby Food Packaging Market: Drivers and Restraints
The increasing demand for stand-up pouches and thin wall containers owing to their hygienic, lightweight, safe, reusable, and easy to carry nature are some of the primary factors driving the global baby food packaging market. The freshness of food and long shelf life are added advantages of these packaging fuelling the growth of the baby food packaging market. However, the presence of BPA (Bisphenol A) in the plastic used for baby food packaging is harmful to infants and has been banned by the governments of the U.S., Canada, and several European countries.
Nevertheless, research and development for the introduction of biodegradable materials such as paper will open growth opportunities to the growth of this market. The increasing preference of teenagers for foods packed in microwaveable plastic tubs and pouches is benefitting the growth of this market. Moreover, the increasing demand for packaged food from rural areas is also expanding the growth opportunities of the global baby food packaging market.
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Global Baby Food Packaging Market: Regional Outlook
The report segments the global baby food packaging market into North America, Asia Pacific, Europe, and Rest of the World. Amongst these, Asia Pacific is emerging as a significant market for baby food packaging due to the increasing use of packaged food products by the urban population. The rising disposable income and busy lifestyle are also adding to the growth of the baby food packaging market in Asia Pacific.
Companies Mentioned in the Report
The report presents the competitive landscape of the market, wherein the top players are profiled for their key business attributes. Some of the top companies operating in the global baby food packaging market are Bericap India Pvt Ltd., Hindustan National Glass & Industries Ltd., Tata Tinplate Company of India (TCIL), Cascades Inc., FPC Flexible Packaging Corp., Hood Packaging Corp, AptarGroup Inc., Bemis Company Inc., MeadWestvaco Corporation, Essel Propack Limited, IYC Ltd Paperboards and Specialty Papers Division (PSPD), Tetra Pak India Pvt Ltd, Celplast Ltd, Pretium Packaging LLC, Ball Corporation, Winpak Ltd, and Rexam Inc.