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Pet Food Packaging Market by Material Type, Packaging Form, Food Type, Animal Type, Region - Global Forecast to 2025

Pet Food Packaging Market by Material Type, Packaging Form, Food Type, Animal Type, Region - Global Forecast to 2025

  • April 2020
  • 178 pages
  • ID: 3036952
  • Format: PDF
  • MarketsandMarkets

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Increase in the demand for simple, convenient, innovative, packaging products is projected to drive the overall growth of the pet food packaging market across the globe from 2020 to 2025.

The global pet food packaging market size is projected to grow from USD 10.2 billion in 2020 to USD 12.5 billion by 2025, at a CAGR of 4.2 % from 2020 to 2025. Rising affection for pets leading to greater adoption of pets, high income level of pet owners, changing lifestyles, demand for simplicity and convenience in packaging, and growing pet humanization trend are the key factors contributing towards the increasing growth of the pet food packaging industry over the next few years.

In terms of both value and volume, pouches are projected to grow at the highest CAGR during the forecast period.
Pouches segment of the pet food packaging market is projected to grow at the highest CAGR during the forecast period, in terms of value as well as volume.The growth of this segment is attributed to its increasing demand by various pet food brands.

Further, due to different types of packaging formats available in it, such as single-serve pack, small pouches, and good display appeal.

In terms of both value and volume, cat food is projected to grow at the highest CAGR during the forecast period.
The cat food segment of the pet food packaging market is projected to grow at the highest CAGR during the forecast period, in terms of value as well as volume. However, the dog food segment is expected to remain the largest segment through the projected period from 2020 to 2025.

In terms of both value and volume, pet treats projected to be the fastest-growing segment in the pet food packaging market from 2020 to 2025.
Growth of the pet treat segment in the pet food packaging industry is attributed primarily to various factors, such as pet owners rewarding their pets with treats.The demand for pet treats has led to a large number of products in the market.

This has led to an increase in the need for innovative packaging solutions for pet treats.

The plastic segment is projected to lead the pet food packaging market from 2020 to 2025.
The durable, lightweight, cost-effective, and versatile nature of plastic packaging makes it the largest segment in the pet food packaging market. This market is projected to remain the largest segment through the projected period in terms of value and expected to grow at the highest CAGR during the forecast period, in terms of value.

In terms of both value and volume, the North America pet food packaging market is projected to contribute to the maximum market share during the forecast period.
North America is projected to lead the global market from 2020 to 2025 due to the strong demand from countries such as the US and Mexico.Factors such as rising affection for pets leading to greater adoption, changing lifestyles, need for simplicity and convenience in packaging, and growing pet humanization trend are the key factors contributing towards the increasing growth of the pet food packaging market.

Companies rely on extensive advertisement activities for the sales of their pet food products. However, uniqueness and innovation in packaging is the key element to grab the attention of the consumers; thus impact the overall growth of the pet food packaging market in the coming years.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the pet food packaging market.
•?By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
•?By Designation: CXOs: 54.9%, Managers: 15.5%, and Executives: 29.7%
•?By Region: North America: 18%, Europe: 14%, Asia Pacific: 42%, Middle East & Africa: 22%, and

South America: 4%
The global pet food packaging market comprises major manufacturers, such as Amcor Plc (Australia), Mondi Plc(South Africa), Sonoco Products Company (US), Constantia Flexibles (Austria), and Huhtamaki OYJ(Finland).

Research Coverage
The market study covers the pet food packaging market across various segments.It aims at estimating the market size and the growth potential of this market across different segments based on type, material, application, and region.

The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the pet food packaging market.

Key Benefits of Buying the Report
The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall pet food packaging market and its segments and sub-segments.This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies.

The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.

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