Health

Pet Food Packaging Market Forecast, Revenue, Demand, Growth and Key Companies Valuation by 2028

September 15, 2021

The pet food packaging market is projected to reach value of USD 13.27 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market for pet food packaging can be attributed to high rate of pet adoption and growing trend of pet humanization. The report provides Pet Food Packaging market forecast, supported by detailed insights historical data and revenues, past and current market trends, industry trends, consumer trends, market size, market share, market growth, along with ranging impacts of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2024–2028. The report includes profiles of major players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Pet Food Packaging market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. Pet Food Packaging Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market. Various animal shelters and individual pet lovers are joining forces to educate people in order to increase awareness about pet adoption through social media or by organizing multiple camps. People have started to accept their pets as a member of their family.

Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Pet Food Packaging market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Pet Food Packaging market revenue growth to a significant extent over the forecast period.

Concerns about a pet’s nutritional intake are constantly rising among pet owners, which is boosting the demand for advanced materials required in the pet food packaging industry. Manufacturers are developing advanced technologies to offer a state-of-the-art solution for packaging, which would protect the pet food from getting spoiled or damaged.

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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Pet Food Packaging Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2024 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

The marketing of a particular pet food is directly connected to visual graphics, nutritional ingredients, the method of feeding, and guidelines mentioned on the packet. Buyers are more likely to choose those products which have a package offering informative analysis of various nutrients in the packaged food.

Further Key Findings from the Report Suggest:

In January 2024, Amcor plc. acquired Bemis Company, Inc. (U.S.), a manufacturer of packaging products. This acquisition would allow Amcor plc. to expand its customer base and enhance its presence in the global market. The investment is expected to help the acquirer to further strengthen its packaging capabilities for products such as pet care products, beverages, medicines, food, personal care products, and other consumer products.
In November 2019, Huhtamaki launched its state-of-the-art flexible packaging unit in Egypt. Through this investment, Huhtamaki entered the manufacturing industry for flexible packaging in Africa.
The pet food packagingmarket in North America was valued at USD 3.14 Billion in 2019 and it is estimated to expand at a rate of 4.5% during the forecast period. The people in this region are more influenced by the on-the-go lifestyle and prefer ready-to-eat food, which is driving the pet food packaging market in the region.
Key players operating in the market are Amcor Plc, Mondi Plc, Smurfit Kappa, Sonoco Products Company, Constantia Flexibles, Goglio S.p.A, Huhtamaki OYJ, Berry Global Group Inc., Ardagh Group S.A, Transcontinental Inc., and AptarGroup, Inc.

Region wise performance of the Pet Food Packaging industry

North America Pet Food Packaging market forecast is expected to remain significantly positive in terms of revenue share between 2024 and 2028. In addition, North America Pet Food Packaging market revenue share is expected to remain comparatively larger than that of other regional markets from 2024 to 2028.

Asia Pacific registered fastest revenue CAGR in 2024, and the Pet Food Packaging market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.

Europe Pet Food Packaging market forecast is positive currently, with revenue growth expected to remain steady between 2024 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Pet Food Packaging market growth.

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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

Table of Content

Chapter 1. Methodology & Sources

1.1. Pet Food Packaging Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Pet Food Packaging Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2024-2028

Chapter 3. Key Insights

Chapter 4. Pet Food Packaging Market Segmentation & Impact Analysis

4.1. Pet Food Packaging Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Pet Food Packaging Market indicators analysis

4.2.2. Pet Food Packaging Market drivers analysis

4.2.2.1. Rapid urbanization and industrialization

4.2.2.2. Stringent government regulations regarding carbon emissions

4.2.2.3. Increasing prevalence of respiratory diseases

4.2.2.4. Rising need to enhance indoor air quality

4.2.3. Pet Food Packaging Market restraints analysis

4.2.3.1. High cost associated with the maintenance of Pet Food Packaging products

4.2.3.2. Availability of renewable sources of energy

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Continued….

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The research provides answers to the following key questions:

What will be the growth rate and the market size of the Pet Food Packaging industry for the forecast period 2024-2027?
What are the major driving forces expected to impact the development of the Pet Food Packaging market across different regions?
Who are the major driving forces expected to decide the fate of the Pet Food Packaging industry worldwide?
Who are the prominent market players making a mark in the Pet Food Packaging market with their winning strategies?
Which Pet Food Packaging industry trends are likely to shape the future of the industry during the forecast period 2024-2027?

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