The global Pet Packaging Market is valued at USD 10.06 Billion in 2021 and is projected to reach USD 17.73 Billion by 2030, growing at a CAGR of 6.8%.
— Insightace analysis
NEW JERSEY, NJ, USA, August 31, 2022 /EINPresswire.com/ — InsightAce Analytics Pvt. announces the publication of a market assessment report on the “Global Pet Care Packaging Market– by Material (Plastic, Paper & Cardboard, Metal and Other Packaging Materials), Type of Packaging (Cans, Bags & Pouches, Collapsible Boxes, Tubes, Blisters, Plastic Bottles & Jars and Others (Tubes, Cups, etc.) .)), Application (Dry Foods, Wet Foods and Frozen Foods), Trends, Industry Competitive Analysis, Revenue and Forecast to 2030.
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According to the latest research from InsightAce Analytic, the Pet care packaging The market is valued at US$10.06 billion in 2021, and it is expected to reach US$17.73 billion by 2030, growing at a CAGR of 6.8% during a forecast period of 2022- 2030.
Currently, taking care of pets is popular among many people. Due to their work commitments and busy lifestyles, pet owners need a flexible solution to groom, feed and care for their pets. With a variety of quick-open and resealable technologies, handles for easy handling, and sturdy designs that take up less space, flexible packaging offers a high level of convenience. Different types of packaging are needed depending on the types of animals and animal feed. Pet food packaging should be made of sturdy materials suitable for consumer requirements for ease of storage and use. Pet owners have an emotional attachment to their pets and prefer small pouches of fresh food to bulk paper bags because many pet foods contain natural lipids that go rancid if not eaten. rapidly.
As more people acquire pets as companions and owners become more aware of the importance of keeping their pets healthy, the market for pet care packaging is growing. . Therefore, innovative pet care and spill proof packaging is needed. Moreover, educational and protective things are demanded by animal lovers. Additionally, US FDA standards governing pet food have improved in recent years. Manufacturers are also competing for consumer needs, such as smart food packaging. The need for pet wraps is increased by these labels, which have positive effects. Due to the increasing demand for pet meals, nutraceuticals, toys, cosmetics, healthcare supplements, apparel and a variety of other products, the pet care industry should develop. The pet food category now dominates the pet care packaging market, and this situation is expected to continue over the projected period.
North America is expected to be the major contributor to the pet packaging market over the forecast years owing to growing needs from Canada and the United States. There has been an exponential increase in animal-related affection. According to the Pet Food Manufacturers’ Association, 40% of households in the UK have a pet. A few key factors propelling the pet food packaging industry in North America are the expansion of pet humanization and ownership, the launch of private label retail brands and the expansion of urbanization. Additionally, the Asia-Pacific pet packaging market is expected to grow significantly over the forecast period. The pet industry is growing due to functional medical and therapeutic formulations, a wide range of pet treats and supplements, premium and super premium foods, and value-added products. Additionally, premiumization in the pet care industry has remained stable despite the impact of the pandemic on the economy.
Major market players operating in the pet packaging market are Amcor Plc, ProAmpac LLC, WestRock Company, Sonoco Products Co, Silgan Holdings Inc., TCL Packaging Ltd., Aptar Group Inc., Ardagh Group SA, Coveris Holdings SA, Crown Holdings Inc., Constantia Flexibles Group GmbH, KapStone Paper and Packaging Corporation, Kendall packaging Corporation, Formell Industries Inc., Mondi Group Plc, NNZ Group, The InterFlex Group Inc. and Berry Global Inc.
Recent collaborations and agreements on the market:
• In April 2022, as part of the former’s goal to reduce its use of virgin plastic by 25% and use 30% recycled content across the entire product portfolio, Mar’s Pet Food Company formed a partnership with petrochemical company SABIC and flexible film manufacturer Huhtamaki. Sheba wet cat food typically contains 30% recycled polypropylene, thanks to state-of-the-art recycling technology.
• In April 2022, Vital Pet Life used recyclable packaging in its new pet food line. She launched the first item in her Vital Pet Life Plus range and joined the Sustainable Packaging Coalition and How2Recycle. Vital Pet Life has integrated sustainability into various operational areas including product sourcing, formulation and packaging.
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Global Pet Care Packaging Market, By Material, 2022-2030 (Value in Million US$)
• Paper and cardboard
• Other packing material
Global Pet Care Packaging Market, By Packaging Type, 2022-2030 (Value in Million US$)
• Bags and pouches
• Folding cartons
• Bandage packs
• Plastic bottles and jars
• Others (Tubes, Cups, etc.)
Global Pet Care Packaging Market, by Application, 2022-2030 (Value in Million US$)
• Dry foods
• Wet food
Global Pet Care Packaging Market, by Region, 2022-2030 (Value in Million US$)
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
North America Pet Care Packaging Market, by Country, 2022-2030 (Value in Million US$)
Europe Pet Care Packaging Market, by Country, 2022-2030 (Value in Million US$)
• Rest of Europe
Asia-Pacific Pet Care Packaging Market, by Country, 2022-2030 (Value in Million US$)
• South Korea
• Australia and New Zealand
Latin America Pet Care Packaging Market, by Country, 2022-2030 (Value in Million US$)
• Rest of Latin America
Middle East & Africa pet packaging market, by country, 2022-2030 (Value in Million US$)
• GCC countries
• South Africa
• Rest of the Middle East and Africa
Why buy this report:
Receive a comprehensive outlook analysis of the Global Pet Packaging Market
To receive industry insight and future trends in the Pet Care Packaging market
To analyze Pet Care Packaging market drivers and challenges
For information on the pet packaging market value (in millions of US dollars) predicted to 2030
Significant investments, mergers and acquisitions in the Pet Care Packaging market industry
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