The pet food packaging marketis projected to reach value of USD 13.27 Billion by 2027, according to a current analysis by Emergen Research. The report offers a holistic coverage of the Pet Food Packaging market, laying emphasis on the key factors influencing the industrial growth, technological developments taking place in the industry, and current and emerging trends witnessed in the leading regional markets. It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Pet Food Packaging market. This growth of the market for pet food packaging can be attributed to high rate of pet adoption and growing trend of pet humanization. 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. This perception has created significant increase in the demand for packed food products for animals.
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. The new report is updated with the impact of the COVID-19 pandemic on the Pet Food Packaging market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region. 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.
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.
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Further Key Findings from the Report Suggest:
- In January 2020, 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.
Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter's Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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Regional Landscape section of the Pet Food Packaging report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report bifurcates the Pet Food Packaging market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence.
The report, additionally, presents a comprehensive analysis of the key elements of the Pet Food Packaging market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter's Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.
For the purpose of this report, Emergen Research has segmented the global pet food packaging market based on type of material, packaging type, animal type, and region as follows:
- Types of MaterialOutlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017--2027)
- Paper & Paperboard
- Packaging Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017--2027)
- Animal Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017--2027)
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Table of ContentChapter 1. Methodology & Sources 1.1. 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. Market Estimation TechniqueChapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027Chapter 3. Key InsightsChapter 4. Pet Food Packaging Market Segmentation & Impact Analysis 4.1. Pet Food Packaging Market Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 220.127.116.11. Growing rate of pet adoption 18.104.22.168. Increase in disposable income 22.214.171.124. Innovative pet food products 4.2.3. Market restraints analysis 126.96.36.199. Safety regulation regarding packing issue 188.8.131.52. Fluctuation in the prices of raw materials 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
Chapter 5. Pet Food Packaging Market By Types of Material Insights & Trends, Revenue (USD Billion) (Million MT) 5.1. Types of Material Dynamics & Market Share, 2019 & 2027 5.1.1. Paper & Paperboard 5.1.2. Plastics 5.1.3. Metals
Key Questions Answered in the Report:
What is the growth rate of the Pet Food Packaging market? What is the anticipated market valuation of Pet Food Packaging industry by 2027?
Which region is expected to show significant growth in the coming years?
What are the key growth driving and restraining factors of the Pet Food Packaging market?
What are the key opportunities and growth prospects of the Pet Food Packaging industry over the forecast period?
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