Persistence Market Research has announced the addition of the “Baby Food Packaging Products Market: Global Industry Analysis and Opportunity Assessment, 2015-2021"report to their offering
New York, NY -- (SBWIRE) -- 03/19/2018 -- Baby food packaging products are designed to target the manufacturers dealing with baby and toddler food products. It is also designed to provide convenience to consumer in terms of carrying food products form one place to another. Increased consumer preference towards spending on packaged baby food product is expected to drive the demand of baby food packaging product market in the near future.
Baby food packaging product market is segmented on the basis of raw material which includes glass packaging material, rigid plastic packaging material, flexible plastic packaging material paperboard packaging material, and metal packaging. Among all these segment flexible packaging material is expected to occupy major market share followed by rigid plastic packaging material during the forecast period.
Baby food packaging product market is further segmented on the basis of type which includes bottles, cans, liquid cartons, pouch/sachet and others. Among all these segment pouch/sachet is expected to contribute major share in terms of revenue. Pouch/sachet packaged products are easy to use and convenient to carry which is predicted to support the growth of pouch/sachet packaging segment in baby food packaging product market. Moreover, liquid cartons is also expected to show a substantial growth in the near future. Increasing demand of flavored milk and juices for toddlers is predicted to support thre4 growth of liquid cartons segment in baby food packaging market.
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Baby food packaging product market is also segmented on the basis of application which includes, milk formula, dried baby food, prepared baby food, ready to feed baby food and others. Among all these segment milk formula is expected to contribute the major share in terms the usage of baby food packaging material. Moreover, ready to feed product is also expected to show a substantial growth in the near future. Increasing urbanization and rising disposable income has led the consumer to get inclined towards more convenient product which is supporting the growth of ready to feed baby product market. Thus is expected to simultaneously support the growth of baby food packaging material market across the globe.
On the basis of geography, Europe is expected to contribute to the highest in terms of market share in baby food packaging product market. Moreover Latin America is expected to show a substantial growth in the near future. In Latin America Brazil is expected to contribute the major share in terms of revenue. Increased demand of baby food products especially prepared baby food across the country is expected to support the demand of baby food packaging product market within next five to six years.
Whereas, Asia pacific is concerned it is expected to register a healthy double digit growth by 2020. In Asia pacific region China is expected to be the most dominant market for baby food packaging product market followed by Japan and India. Increasing awareness regarding the nutritional benefits for packaged baby food product is predicted to drive the growth of baby food packaging product market across the region. Moreover, rising demand for convenience baby edible products due to increased number of working women is predicted to drive the growth of baby food packaging product market in Asia Pacific region.
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Rising disposable income coupled with increased number of working mother has raised the demand of baby food which is expected to support the growth of baby food packaging material across the globe. However, packaging manufacturers need to consider food perishability, which is expected to restrict selection of packaging material, and thus predicted to restraints the overall market growth.
Some of the major player operating in baby food packaging material market includes Prolamina Packaging, Tetra Laval, RPC Group, Silgan Holdings, Rexam PLC, CAN-PACK S.A, Winpak among others.