Baby food helps growth global dispensing closure market

The plastic dispensing closure is one of the fastest growing closures in the packaged food industry with a CAGR of 3% over 2015-2020. In 2015, 20.5 billion units with plastic dispensing closures were sold worldwide, with a forecast to grow by a further 3.7 billion units by 2020. Although the volume growth comes from established categories as table sauces and oils and fats, it is baby food products, especially powder milk formula that is more recently contributing to growth.
There are two solid factors driving this growth: parents’ rising concern over the hygiene and safety of their babies’ food, and brands adding functionality through closures (News Item Euromonitor, 8 January 2017).
Click here for the news item.
Click here for more information about the NVC Course Food Packaging.

This news item is also included in our monthly overview, the NVC Members-only Update. If you have any questions, please contact us: info@nvc.nl, +31-(0)182-512411.