- The key vendors in the Global Baby Food Packaging Market 2015-2019 are Amcor Ltd., Ardagh Group, Bemis Company Inc., Tetra Laval International and Verallia.
London, 23 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Baby Food Packaging Market 2015-2019. One major trend upcoming in this market is increased adoption and use of eco-friendly pouch packaging because of growing consumer preference for flexible packaging. Companies work with sustainable and recyclable packaging materials. They are constantly looking for green, innovative, and recyclable alternatives to normal packaging. The Global Baby Food Packaging market is expected to witness a CAGR of 2.67 percent in terms of volume during the period 2014-2019.
Demand for plastic containers in the Global Baby Food Packaging market is increasing at a rapid rate when compared to the other packaging materials. These are gaining preference over glass bottles, jars, and containers, and metal cans because of their light weight, lower costs, and availability in various designs.
“Single-serve dairy products have become very convenient for customers. As a result, single-serve milk is easily available in most retail stores and fast delivery convenience restaurants,” says Faisal Ghaus, Vice President of TechNavio Research.
“Introduction of single-serve packaging provides huge opportunities for baby food packaging manufacturers to gain larger market shares.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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