Infant Formula Packaging Market Latest Innovations, Drivers And Industry Key Events

Infant Formula Packaging Market: Introduction

Transparency Market Research delivers key insights for the infant formula packaging market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global infant formula packaging market is projected to register a CAGR of 8% during the forecast period.

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Cans to Outpace Other Packaging Formats in Infant Formula Packaging Market

Metal cans are considered as mainstream packaging format in the infant formula packaging market. Cans are expected to create an incremental opportunity of ~US$ 2 Bn by 2027; this can be attributed to the rigidity and anti-extrusion and moisture-free features of the metal cans. Infant formula packaging manufacturers prefer metal cans over other packaging formats, as it offers high durability and better sealing performance than paper and foil films. This is one of the key factors in the growth of metal cans in the infant formula packaging market over the forecast period. Paper and paperboard cartons in the market represent environment-friendly and cost-effective solutions coupled with better printability options. However, while storing and transportation, they are very prone to crush and might undergo other environmental issues like humidity, which might decline the sales in infant formula packaging market.

Plastic pouches are also widely used by infant formula manufacturers, as the packaging technology has developed immensely in the past five years. Infant formula packaging manufacturers are trying to incorporate the anti-rubbing feature in the pouches to overcome any pinholes on the surface of the package. Therefore, the pouches segment is anticipated to witness healthy CAGR during the forecast period in the infant formula packaging market.