Overview and Scope
Pet food packaging refers to the materials and design used to enclose and
protect pet food products. Pet food packaging is used for the preservation of
freshness, extended shelf life, convenience for pet owners, information and
branding, portion control, and protection during transportation.
Sizing and Forecast
The pet food packaging market size has grown strongly in recent years. It will
grow from $11.07 billion in 2023 to $11.81 billion in 2024 at a compound annual
growth rate (CAGR) of 6.7%. The growth in the historic period can be
attributed to expansion in pet population, rise in demand for convenience
high-quality food products, surge in urban population, upsurge in disposable
income of pet owners, demand for simplicity and convenience in packaging.
The pet food packaging market size is expected to see strong growth in the next
few years. It will grow to $14.74 billion in 2028 at a compound annual growth
rate (CAGR) of 5.7%. The growth in the
forecast period can be attributed to increase in pet food production,
increasing use of biodegradable materials, growth in e-commerce for pet
products, increase in consumption of processed and packaged food for animals,
multi-functionality of pet food packaging. Major trends in the forecast period
include innovation in pet food products, advanced packaging features,
increasing focus on innovative packaging options for a competitive edge,
mergers and acquisition.
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Segmentation & Regional Insights
The pet food packaging market covered in this report is segmented –
1) By Product: Pouches, Folding Cartons, Metal Cans, Bags
2) By Material Type: Paper And
Paperboard, Plastic, Metal
3) By Food Type: Dry Food, Wet Food, Other Food Types
4) By Animal Type: Dogs, Cats, Other Animal Types
North America was the largest region in the pet food packaging market in 2023.
Asia-Pacific is expected to be the fastest-growing region in the forecast
period. The regions covered in the pet food packaging market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing adoption of pets is expected to propel the growth of the pet
food packaging market going forward. The adoption of pets refers to the act of
taking in an animal as a companion, giving it a permanent home, and caring for
it throughout its life. Pets have specific nutritional requirements, and pet
food packaging ensures that the food remains fresh, uncontaminated, and retains
its nutritional value until it reaches the consumer. For instance, in October
2022, according to a report published by the American Veterinary Medical
Association, a US-based non-profit organization, there was a 29% increase in
the proportion of families with at least one cat. Further, in 2022, the average
yearly cost of veterinary visits for households with cats was $321. Therefore,
the increasing adoption of pets is driving the growth of the pet food packaging
market.
Key Industry Players
Major companies operating in the pet food packaging market report are Dow Inc.,
Amcor Limited, Berry Global Group Inc., Smurfit Kappa Group, Mondi Group,
Sonoco Products Company, Silgan Holdings Inc., Greif Inc., Huhtamaki Group,
Constantia Flexibles Group GmbH, Winpak Ltd., Coveris Holdings S.A., Schur
Flexibles Group, Bemis Company Inc., ProAmpac Holdings Inc., PaperWorks
Industries, Inc., Hood Packaging Corporation, American Packaging Corporation,
ePac Flexible Packaging, Glenroy Inc., InterFlex Group Inc., Flair Flexible
Packaging Corporation, Mid South Packaging Inc., PBFY Flexible Packaging, Star Packaging
Corporation
The pet food packaging market report table of contents includes:
1. Executive Summary
2. Pet Food
Packaging Market Characteristics
3. Pet Food
Packaging Market Trends And Strategies
4. Pet Food
Packaging Market - Macro Economic Scenario
5. Global
Pet Food Packaging Market Size and Growth
.
32. Global
Pet Food Packaging Market Competitive Benchmarking
33. Global
Pet Food Packaging Market Competitive Dashboard
34. Key
Mergers And Acquisitions In The Pet Food Packaging Market
35. Pet
Food Packaging Market Future Outlook and Potential Analysis
36.
Appendix
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