Comprehensive Study on Pet Food Packaging Market Share 2026 | Top Companies like - Constantia Flexibles, Sonoco products company, Huhtamaki OYJ, Smurfit Kappa, Goglio S.P.A.
Global Pet Food Packaging Market is valued approximately at USD 9.79 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.20% over the forecast period 2019-2026. Pet food packaging is used for the wrapping or enclosing food items produced specifically for animals (pets).
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The regional analysis of global Pet Food Packaging market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rise in ownership of pets in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026.
Factors such as growing expenditure in pet food and humanization of pet food is expected to create lucrative growth prospects for the Pet Food Packaging market across Asia-Pacific region.
However, stringent pet food quality and safety regulations and shortage of raw materials and fluctuation in their prices are the factors hamper the growth of market over the forthcoming period.
In Addition, on an average, 6,00,000 pets are adopted every year in India. Moreover, convenience, simplicity, and product differentiation with transparency in pet food packaging along with rise in pet food expenditure are also the factors propelling the growth of market over the forecast year.
For instance: according to the 2017-2018 National Pet Owners Survey, conducted by the American Pet Products Association (APPA), 68% of the US households (about 85 million families) own a pet. Also, pet ownership is steadily increasing in India and estimates show there are around 19 million pets in India which includes around 80 percent of these are dogs, followed by cats and then smaller animals like fish and birds.
The packaging of such product is available in rigid, semi-rigid, and flexible options. Quality of life and health of pets largely depends on their diet. Majority of pet owners and pet lovers concerned about proper nutrition of pets for such purpose pets packaging is necessary to assure good quality of food. The market is expected to increase over the forecast years due to the increasing adoption of pets over the forecast years.
Major market player included in this report are:
o Amcor PLC
o Mondi PLC
o Sonoco products company
o Constantia Flexibles
o Huhtamaki OYJ
o Berry global group, Inc.
o Smurfit Kappa
o Ardagh group S.A.
o Aptargroup, Inc.
o Goglio S.P.A.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
o Other Animals
o Dry Food
o Wet Food
o Pet Treats
o Other Food
By Material Type:
o Paper & Paper board
o Plastic Packaging
By Packaging Type:
o North America
o Asia Pacific
o Latin America
o Rest of the World
Furthermore, years considered for the study are as follows:
o Historical year - 2016, 2017, 2018
o Base year - 2019
o Forecast period - 2020 to 2026
Target Audience of the Global Pet Food Packaging Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
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Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Pet Food Packaging Market, by Region, 2018-2026 (USD Billion)
1.2.2. Pet Food Packaging Market, by Animal, 2018-2026 (USD Billion)
1.2.3. Pet Food Packaging Market, by Food, 2018-2026 (USD Billion)
1.2.4. Pet Food Packaging Market, by Material Type, 2018-2026 (USD Billion)
1.2.5. Pet Food Packaging Market, by Packaging Type, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Pet Food Packaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Pet Food Packaging Market Dynamics
3.1. Pet Food Packaging Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Pet Food Packaging Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
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