Pet Food Packaging Market Share, Analysis & Growth Forecast, 2020–2027 | Covid-19 Scenario Analysis, Innovation and Demand

Pet food packaging is used for wrapping or enclosing food items produced specifically for animals (pets). The packaging of such product is available across rigid, semi-rigid, and flexible options. The pet food packaging market is mainly driven by factors such as increase in adoption of pets, innovation in packaging, and increase in disposable income of pet owners.

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The market growth is hindered due to stringent pet food regulations. Additionally, due to increase in awareness about the pet caring trend and concerns about the health of pets, people want quality packaging food products, which can protect the pet food from spoilage and have quality standards similar to human food packaging. Quality of life and health of pets largely depend on their diet. Majority of pet owners and pet lovers are concerned about proper their nutrition. On the basis of product type, the market is segmented into eatable and chewable products.

Snack products are mostly eatable while treats are both eatable and chewable. Snacks with health-related claims are among the fastest-growing new product launches in that category. According to a survey by Packaged Facts, 70% respondents claim that treats with functional benefits, such as dental & oral health, skin, and coat, and join health, play an important role in maintaining pet’s health.

COVID-19 scenario analysis:

COVID-19 pandemic has shut-down the production of various products in the pet food packaging market, owing to the prolonged lockdown in major countries. This has hampered the growth of the pet food packaging market significantly from the last few months, and is likely to continue during 2020.

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COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020, and is likely to cause a negative impact on the market growth during the year.

The major demand for equipment and machinery was previously noticed from giant manufacturing countries, including the U.S., Germany, Italy, the UK, and China, which are badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.

Key Segments

Material Outlook

Paper & Paperboard
Plastic
Metal
Others

Application

Dry Food
Wet Food
Pet Treats
Frozen Food

By Region

North America
Europe
Asia-Pacific
LAMEA

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Key Players

Mondi Group, Sonoco Products, Berry Plastics, Amcor Limited, American Packaging Corporation, Ampac Packaging, Ball Corporation, and Bemis Company

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