Global Pet Food Packaging Market By Material Type (Paper & Paperboard, Flexible Plastic, Rigid Plastic, Metal), Packaging Type (Sphere, Bags, Cans, Pouches, Boxes, Other), Food Type (Dry Food, Wet Food, Pet Food, Frozen Food), Animal Type (Dog, Cat, Fish, Birds, Other Pets), Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa) – Industry Trends and Forecast to 2025
Market Analysis: Global Pet Food Packaging Market
The global pet food packaging market is expected to reach USD 10492.8 million by 2025, from USD 7058.85 million in 2017 growing at a CAGR of 5.06% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Pet Food Packaging Market
Pet food packaging is utilized for the wrapping nourishment things created particularly for pets. The bundling of such item is accessible crosswise over unbending, semi-inflexible and adaptable choices. The pet food bundling market is principally determined by the components, for example, expanding appropriation of pets, advancement in bundling, and expanding discretionary cash flow of pet proprietors. The market development is obstructed with stringent pet sustenance controls.
According to The State of the Specialty Food Industry, food industry continues to grow at a strong clip with Dollar sales hit USD 127.0 billion, a 15.0% jump in total sales between 2014 and 2016. As Per the Packaging SA South, in 2015, Africa consumed around 3.5 million tonnes of all packaging material, out of which 57% was used for recycling and other purpose. Thus, above factor proves that packaging and food industry is growing and will derive the demand for pet food packaging.
- Increasing adoption of pets
- Raising innovation in pet food products
- Growing disposable income of pet owners
- Stringent pet food quality and safety regulations
- Addressing packaging issues
Market Segmentation: Global Pet Food Packaging Market
By Material Type
- Paper & Paperboard
- Flexible Plastic
- Rigid Plastic
By Packaging Type
By Food Type
- Dry Food
- Wet Food
- Pet Food
- Frozen Food
By Animal Type
- Other Pets
Competitive Landscape: Global Pet Food Packaging Market
The global pet food packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Pet Food Packaging market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In 2018, Bosch company started selling its packaging technology and machinery business, basically its food units of the packaging technology division.
Key Market Competitors: Global Pet Food Packaging Market
The key players operating in the global pet food packaging market are –
- Crown Holdings
- MeadWestvaco Corporation
- Mondi Group
- Sonoco Products
- Silgan Holdings
The other players in the market are Amcor Limited, Sonoco Products Company, Constantia Flexibles, Huhtamäki Oyj, Mondi Group, Ampac Packaging, Llc, Bemis Company, Inc., Bosch Packaging Technology, Goglio SPA, Winpak Ltd. Amcor Limited, American Packaging Corporation, Ampac Packaging, Ball Corporation, Bemis Company, Coveris Holdings among other.
Research Methodology: Global Pet Food Packaging Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Historical and current market size and projection up to 2025.
- Market trends impacting the growth of the global pet food packaging market.
- Analyze and forecast pet food packaging market on the basis of material type, packaging type, food type, animal type.
- Trends of key regional and country-level markets for product material type, packaging type, food type, animal type.
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.