Global Pet Food Packaging Industry (2020 to 2025) - E-Commerce and Online Delivery Channels Present Opportunities - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Pet Food Packaging Market by Material Type (Paper & Paperboard, Plastic, Metal), Packaging Form (Bags, Cans, Pouches, Boxes/Cartons), Food Type (Dry Food, Wet Food, Pet Treats), Animal Type (Dog, Cat, Fish, Bird), Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

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%.

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.

Market Dynamics

Drivers

• Growth in Pet Ownership
• Rise in Pet Food Expenditure
• Convenience, Simplicity, and Product Differentiation With Transparency in Pet Food Packaging
• Humanization of Pet Food

Restraints

• Stringent Pet Food Quality and Safety Regulations
• Shortage of Raw Materials and Fluctuation in Their Prices

Opportunities

• E-Commerce and Online Delivery Channels
• Countries With Emerging Economies

Challenges

• Sustainable and Environmentally-Friendly Packaging Products
• Addressing Packaging Issues, Such As Shelf Life, Durability, and Storage

Companies Profiled

• Amcor Plc
• Mondi Plc
• Sonoco Products Company
• Constantia Flexibles
• Huhtamaki Oyj
• Berry Global Group, Inc.
• Smurfit Kappa
• Ardagh Group S.A.
• Aptargroup, Inc.
• Goglio S.P.A
• Transcontinental Inc.
• Coveris Holdings S.A.
• Proampac Holdings, Inc
• Silgan Holdings, Inc.
• Winpak Ltd.
• American Packaging Corporation
• Berlin Packaging
• Printpack, Inc.
• Westrock Company
• Crown Holdings
• Greif Inc

For more information about this report visit https://www.researchandmarkets.com/r/it0rat