Global Baby Food Packaging Market: Overview
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.
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.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.