Global Infant Formula Packaging Market is expected to reach $3.01 billion by 2027 growing at a CAGR 9.0% during 2018 to 2027.

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Some of the key players in Infant Formula Packaging Market include Amcor Plc., Silgan Holdings Inc., Scholle IPN Corporation, Perrigo Company Plc, Sonoco Europe, AptarGroup, Inc., Tetra Pak, GUALAPACK S.P.A., CM Packaging and Visy Industries.

Gaithersburg, Maryland, United States – April 24, 2020 /MarketersMedia/

Key factor such as increasing command for secure and hygienic packaging of infant formula is driving the market growth. However, a strict financial penalty for milk formula companies is the restraining factor for the growth of the market.

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Infant formula packaging goods are particularly designed as per the rules of FDA. A variety of types of infant formula packaging are presented, together with plastic containers such as metal cans, tubs, cartons, and pouches. These packaging formats are best suitable packaging solutions for wet as well as dry infant formula. Little carbon impact packaging and simple to biodegradable material is getting hold of extra traction in the middle of end-users in the global infant formula packaging market.

By packaging format, pouches segment is likely to have a huge demand as they are broadly used by infant formula manufacturers, as the wrapping equipment. The manufacturers are annoying to include the anti-rubbing characteristic in the pouches to overcome any pinholes on the outside of the package which is driving the market growth.

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On the basis of geography, Asia Pacific is going to have a lucrative growth during the forecast period as it is a most important supplier. China is estimated to stay on the biggest market in terms of its volume contribution.

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Form Types Covered:
• Ready-to-Feed Liquid Form
• Powdered Form

Packaging Formats Covered:
• Pouches
• Cans
• Cartons
• Tubs

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-infant-formula-packaging-market-is-expected-to-reach-301-billion-by-2027-growing-at-a-cagr-90-during-2018-to-2027/88955072

Source: MarketersMedia

Release ID: 88955072

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