Press release
Pet Food Packaging Market In 2218: Comprehensive Study On Amcor, Mondi Group, Bosch Packaging Technology, Sonoco, Constantia Flexibles, MeadWestvaco (MWV), Huhtamaki, Crown Holdings, Inc.
Pet Food Packaging Market
The global market is expected to reach USD 10492.8 million by 2025, from USD 7058.85 million in 2017 growing at a CAGR of 5.06% during the forecast period of 2018 to 2025.
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Report Forecasting Regional and Global Analysis on Pet Food Packaging Market By Material Type (Paper & Paperboard, Flexible Plastic, Rigid Plastic, Metal), Packaging Type (Sphere, Bags, Cans, Pouches, Boxes, Other), Food Type (Dry Food, Wet Food, Pet Food, Frozen Food), Animal Type (Dog, Cat, Fish, Birds, Other Pets) and Geography.
The market development is obstructed with stringent pet sustenance controls. According to The State of the Specialty Food Industry, food industry continues to grow at a strong clip with Dollar sales hit USD 127.0 billion, a 15.0% jump in total sales between 2014 and 2016. As Per the Packaging SA South, in 2015, Africa consumed around 3.5 million tonnes of all packaging material, out of which 57% was used for recycling and other purpose. Thus, above factor proves that packaging and food industry is growing and will derive the demand for pet food packaging. The key players operating in the global pet food packaging market are –
· Crown Holdings
· MeadWestvaco Corporation
· Mondi Group
· Sonoco Products
· Silgan Holdings
· Amcor Limited
· Constantia Flexibles
· Huhtamäki Oyj
Others: Ampac Packaging, Llc, Bemis Company, Inc., Bosch Packaging Technology, Goglio SPA, Winpak Ltd. Amcor Limited, American Packaging Corporation, Ampac Packaging, Ball Corporation, Bemis Company, Coveris Holdings among other. The Pet Food Packaging market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The report includes market shares of Pet Food Packaging market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
· The global pet food packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
· In 2018, Bosch company started selling its packaging technology and machinery business, basically its food units of the packaging technology division.
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Market drivers:
· Increasing adoption of pets
· Raising innovation in pet food products
· Growing disposable income of pet owners
Market restraint:
· Stringent pet food quality and safety regulations
· Addressing packaging issues
Market Segmentation: Global Pet Food Packaging Market
By Material Type
· Paper & Paperboard
· Flexible Plastic
· Rigid Plastic
· Metal
By Packaging Type
· Sphere
· Bags
· Cans
· Pouches
· Boxes
· Other
By Food Type
· Dry Food
· Wet Food
· Pet Food
· Frozen Food
By Animal Type
· Dog
· Cat
· Fish
· Birds
· Other Pets
By Geography
· North America
o U.S.
o Canada,
o Mexico
· Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
· Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
· South America
o Brazil
o Rest of South America
· Middle East & Africa
o South Africa
o Rest of MEA
Key Insights in the report:
· Historical and current market size and projection up to 2025.
· Market trends impacting the growth of the global pet food packaging market.
· Analyze and forecast pet food packaging market on the basis of material type, packaging type, food type, animal type.
· Trends of key regional and country-level markets for product material type, packaging type, food type, animal type.
· Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
Report Scope
1. To analyze growth strategies such as product launches and developments, acquisitions, expansions, and agreements adopted by major players in the Pet Food Packaging market.
2. To identify key players operating in the Pet Food Packaging market and comprehensively analyze their market rankings and core competencies.
3. To describe major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Pet Food Packaging market and submarkets.
4. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
5. To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Pet Food Packaging market
6. The report offers market share appraisals for regional and global levels
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