5th Floor, Rajapushpa Summit
Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
India
Indonesia’s baby food packaging market is expected to reach USD XX billion by the end of 2022 from USD XX billion in 2017. The market is poised to grow at a CAGR of XX% during the forecast period. The need for packaging solutions is driven by innovation by manufacturers to meet varying consumer needs.
A wide variety of packaging materials such as glass jars, plastic containers, metal cans, folding cartons, and flexible packaging are used for packaging baby food products, including dried foods, prepared foods, and milk formula. The growing consumer preference for eco-friendly pouch packaging has increased the adoption for flexible packaging. Companies work with sustainable and recyclable packaging materials. They are constantly looking for green, innovative, and recyclable alternatives to normal packaging. Manufacturers are striving to find ways to reduce raw material prices. Raw material suppliers wield the power to determine prices of raw materials, which has an impact on the business. An essential substance like baby food is bound to sell well and an organic one is likely to sell even better. There is a very good opportunity for the success of these organic baby foods if the companies come up with genuine products and sell them at competitive prices.
Baby food packaging products are mainly sold through retail stores which accounted for 50% of the share in the year 2014. This is expected to increase during the forecasted period since it is regarded as the safest source of buying by the customers. Health and safety concerns are the major factors driving the baby food packaging market.
Some of the key players in the market include:
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5th Floor, Rajapushpa Summit
Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
India
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