This study analyzes the dairy packaging market in the US. Applications include milk, cheese, frozen dairy products, cultured dairy products, cream, butter and other products (e.g., dairy substitutes, dry milk, evaporated and condensed milk and whipped cream). Margarine, infant formula and pudding are excluded from the scope of this study, as is milk used in the production of other dairy products or in food processing. Packaging product segments covered include tubs and cups, bottles, cartons and boxes, bags and wraps, pouches, cans and others (e.g., portion packaging, pails and jars).

INTRODUCTION ix

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4
General 4
Demographic Trends 5
Macroeconomic Outlook 7
Consumer Spending Trends 10
Dairy Industry Outlook 12
Shipments 13
Volume Production 15
Packaging Industry Outlook 19
Pricing Trends 22
Environmental & Regulatory Considerations 25
Recycling Activity 28

III. APPLICATIONS 32
General 32
Milk 35
Milk Outlook 36
Packaging Demand 39
Packaging Types 41
Sizes 45
Materials 46
Cheese 50
Cheese Outlook 50
Packaging Demand 51
Packaging Types 53
Materials 57
Frozen Products 58
Frozen Dairy Outlook 58
Packaging Demand 60
Ice Cream 62
Packaging Types 63
Materials 66
Other 68
Packaging Types 70
Materials 72
Cultured Dairy Products 73
Cultured Dairy Products Outlook 74
Packaging Demand 76
Yogurt 77
Sour Cream 81
Cottage Cheese 83
Dips 85
Cream 86
Cream Outlook 86
Packaging Demand 88
Packaging Types 89
Sizes 92
Materials 93
Butter 94
Butter Outlook 94
Packaging Demand 96
Packaging Types 97
Materials 98
Other Products 100

IV. PRODUCTS & MATERIALS 102
Packaging Products 102
Tubs & Cups 105
Bottles 109
Cartons & Boxes 113
Gabletop Cartons 114
Folding Cartons & Other Boxes 117
Aseptic 120
Bags & Wraps 122
Pouches 125
Cans 129
Standard 130
Aerosol 132
Composite 133
Other 134
Packaging Materials 138

V. INDUSTRY STRUCTURE 143
General 143
Market Share 146
Huhtamaki 148
Consolidated Container 149
Bemis 150
International Paper 151
Berry Plastics 151
Alcan 152
Blue Ridge Paper Products 153
Acquisitions & Divestitures 153
Competitive Strategies 158
Marketing & Distribution 160
Cooperative Agreements 162
Company Profiles 164
Airlite Plastics Company 165
Alcan Incorporated 166
Alcoa Incorporated 168
Altivity Packaging 169
Amcor Limited 171
Appleton Papers Incorporated 173
Applied Extrusion Technologies Incorporated 175
Ball Corporation 176
Bemis Company Incorporated 179
Berry Plastics Corporation 183
Blue Ridge Paper Products Incorporated 185
Bomarko Incorporated 187
C&H Packaging Company Incorporated, see Appleton Papers Incorporated
CKS Packaging Incorporated 188
Consolidated Container Company LLC 189
Curwood Incorporated, see Bemis Company
DairyPak, see Blue Ridge Paper Products
DuPont (EI) de Nemours 191
Elopak AS, see Ferd AS
Envases Panama SA, see Blue Ridge Paper Products Incorporated
Exopack Holding Corporation 194
Fabri-Kal Corporation 196
Ferd AS 197
Field Container Company LP, see Altivity Packaging
Genpak LLC, see Pattison (Jim) Group
Graham Packaging Holdings Company 199
Graphic Packaging Corporation 201
Huhtamaki Oyj 203
International Paper Company 205
Mayfair Plastics, see Consolidated Container
MeadWestvaco Corporation 208
Milprint Incorporated, see Bemis Company
New England Extrusion Incorporated, see Appleton Papers Incorporated
Norse Dairy Systems, see Weston (George) Limited
Oracle Packaging Incorporated 210
Packaging Group, see Exopack Holding Corporation
Pattison (Jim) Group 211
Plastipak Holdings Incorporated 212
Plastipak Industries Incorporated 213
Polytainers Limited 214
Presto Products Company, see Alcoa Incorporated
Printpack Incorporated 216
Rampart Packaging, see Printpack Incorporated
Rock-Tenn Company 217
Scholle Corporation 220
Sealed Air Corporation 222
SIG Holding Limited 224
Silgan Holdings Incorporated 225
Smurfit-Stone Container Corporation 226
Solo Cup Company 227
Sonoco Products Company 229
Stanpac Incorporated 230
Sweetheart Cup Company Incorporated, see Solo Cup
Tetra Laval International SA 231
Vacumet Corporation, see Scholle Corporation
West Carrollton Parchment Company 234
Weston (George) Limited 235
Wihuri Oy 237
Winpak Limited, see Wihuri Oy
Other Companies in the Dairy Packaging Industry 240

LIST OF TABLES
TABLE NUMBER PAGE
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3

SECTION II -- MARKET ENVIRONMENT
1 Resident Population & Households 7
2 Macroeconomic Indicators 10
3 Consumer Income & Spending 12
4 Dairy Shipments by Type 15
5 Dairy Production by Type 19
6 Packaging Shipments by Type 22
7 Selected Dairy Packaging Prices 25

SECTION III -- APPLICATIONS
1 Dairy Packaging Demand by Application 34
2 Milk Sales by Type 39
3 Milk Packaging Demand 41
4 Milk Packaging Demand by Type 45
5 Milk Packaging Demand by Size 46
6 Milk Packaging Demand by Material 49
7 Cheese Sales by Type & Market 51
8 Cheese Packaging Demand 53
9 Cheese Packaging Demand by Type 57
10 Cheese Packaging Demand by Material 58
11 Frozen Dairy Production by Type 60
12 Frozen Dairy Packaging Demand 62
13 Ice Cream Packaging Demand 63
14 Ice Cream Packaging Demand by Type 66
15 Ice Cream Packaging Demand by Material 68
16 Other Frozen Dairy Packaging Demand 69
17 Other Frozen Dairy Packaging Demand by Type 72
18 Other Frozen Dairy Packaging Demand by Material 73
19 Cultured Dairy Production by Type 75
20 Cultured Dairy Product Packaging Demand 77
21 Yogurt Packaging Demand 81
22 Sour Cream Packaging Demand 83
23 Cottage Cheese Packaging Demand 84
24 Dairy Dip Packaging Demand 85
25 Cream Sales by Type 87
26 Cream Packaging Demand 89
27 Cream Packaging Demand by Type 92
28 Cream Packaging Demand by Size 93
29 Cream Packaging Demand by Material 94
30 Butter Sales by Market 96
31 Butter Packaging Demand 97
32 Butter Packaging Demand by Type 98
33 Butter Packaging Demand by Material 99
34 Other Dairy Product Packaging Demand 101

SECTION IV -- PRODUCTS & MATERIALS
1 Dairy Packaging Demand by Type 104
2 Tub & Cup Demand in Dairy Packaging 109
3 Bottle Demand in Dairy Packaging 112
4 Carton & Box Demand in Dairy Packaging 113
5 Gabletop Carton Demand in Dairy Packaging 117
6 Folding Carton & Other Box Demand in Dairy Packaging 120
7 Aseptic Carton Demand in Dairy Packaging 122
8 Bag & Wrap Demand in Dairy Packaging 125
9 Pouch Demand in Dairy Packaging 128
10 Can Demand in Dairy Packaging 130
11 Other Dairy Packaging Demand 137
12 Dairy Packaging Demand by Material 141

SECTION V -- INDUSTRY STRUCTURE
1 US Dairy Packaging Sales by Company, 2005 145
2 Selected Acquisitions & Divestitures 156
3 Selected Cooperative Agreements 163

LIST OF CHARTS
CHART NUMBER PAGE
SECTION III -- APPLICATIONS
1 Dairy Packaging Demand by Application, 2005 35

SECTION IV -- PRODUCTS & MATERIALS
1 Dairy Packaging Demand by Type, 2005 105
2 Dairy Packaging Demand by Material, 2005 142

SECTION V -- INDUSTRY STRUCTURE
1 US Dairy Packaging Market Share, 2005 148