Press release
Pet Care Packaging Market: Booming with Convenience and Sustainability at a CAGR of 6.8%
Pet Care Packaging Market Assessment worth $ 17.73 Billion by 2030 - Exclusive Report by InsightAce AnalyticInsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Pet Care Packaging Market- by Material (Plastic, Paper & Paperboard, Metal and Other Packaging Material), Packaging Type (Cans, Bags & Pouches, Folding Cartons, Tubes, Blister Packs, Plastic Bottles & Jars and Others (Tubes, Cups, etc.)), Application (Dry Food, Wet Food and Frozen), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."
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According to the latest research by InsightAce Analytic, the global Pet Care Packaging market is valued at US$ 10.06 Billion in 2021, and it is expected to reach US$ 17.73 Billion by 2030, with a CAGR of 6.8% during a forecast period of 2024-2031.
The Rise of Convenience: How Pet Care Packaging is Adapting to Modern Lifestyles
The surge in pet ownership, coupled with busy schedules, is driving the demand for convenient and practical pet care solutions. This extends to pet care packaging, which is evolving to meet the needs of modern pet owners.
Flexible Packaging for Busy Lives:
• Convenience is key: Flexible packaging offers a high degree of convenience with features like resealable closures, easy-grip handles, and space-saving designs.
• Variety for Different Pets: Diverse packaging styles cater to various pet types and food requirements. Durable materials ensure safe storage and ease of use.
• Freshness Matters: Smaller, resealable packages are preferred for fresh food, preventing spoilage of natural fats in pet food.
Market Growth Fueled by Trends:
• Rising Pet Ownership: The growing number of pets and increasing awareness of pet health are propelling the pet care packaging market.
• Demand for Spill-Proof Solutions: Pet owners seek spill-proof and creative packaging to ensure mess-free pet care.
• Protective and Educational Packaging: There's a growing demand for packaging that protects products and provides educational information for pet owners.
• Regulation and Innovation: Stricter regulations for pet food products and consumer demand for innovative packaging are shaping the market.
Pet Care Packaging: A Growing Segment:
The pet care industry is expected to experience continued growth, driven by demand for various pet products. Pet food packaging is expected to remain the leading segment within the pet care packaging market for the foreseeable future.
North America is anticipated to be the major contributor to the Pet Care Packaging market over the forecast years because of Canada's and U.S.'s growing needs. There has been an exponential rise in animal-related affection. According to the Pet Food Manufacturers' Association, 40% of homes in the U.K. have a pet. A few key factors propelling the pet food packaging industry in North America are the expansion of pet humanization and ownership, launching private label retail brands, and expanding urbanization. In addition, the Asia Pacific Pet Care Packaging market is expected to grow significantly during the forecast period.
The pet sector is developing because of medical and therapeutic functional formulations, a wide range of pet treats and supplements, premium and super-premium feeds, and value-added products. Additionally, premiumization in the pet care sector has held steady despite the pandemic's impact on the economy.
Major market players operating in the Pet Care Packaging market include Amcor Plc, ProAmpac LLC, WestRock Company, Sonoco Products Co, Silgan Holdings Inc., TCL Packaging Ltd.,
Aptar Group Inc., Ardagh Group S.A., Coveris Holdings S.A., Crown Holdings Inc., Constantia Flexibles Group GmbH, KapStone Paper and Packaging Corporation, Kendall packaging Corporation, Formell Industries Inc., Mondi Group Plc, NNZ Group, The InterFlex Group Inc. and Berry Global Inc.
Recent collaborations and agreements in the market:
• In April 2022, As part of the former's objective to cut its usage of virgin plastic by 25% and use 30% recycled content across the product portfolio, Mar's Pet Food Company formed a partnership with petrochemical company SABIC and flexible film manufacturer Huhtamaki. Wet cat chow from Sheba typically contains 30% recycled polypropylene, thanks to cutting-edge recycling technology.
• In April 2022, Vital Pet Life used recyclable packaging in its new pet food line. It has released the first item in its Vital Pet Life Plus range and has joined the Sustainable Packaging Coalition and How2Recycle. Vital Pet Life has integrated sustainability into various operational areas, including product sourcing, formulation, and packaging.
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Market Segments
Global Pet Care Packaging Market, by Material, 2022-2030 (Value US$ Mn)
• Plastic
• Paper & Paperboard
• Metal
• Other Packaging Material
Global Pet Care Packaging Market, by Packaging Type, 2022-2030 (Value US$ Mn)
• Cans
• Bags & Pouches
• Folding Cartons
• Tubes
• Blister Packs
• Plastic Bottles & Jars
• Others (Tubes, Cups, etc.)
Global Pet Care Packaging Market, by Application, 2022-2030 (Value US$ Mn)
• Dry Food
• Wet Food
• Frozen
Global Pet Care Packaging Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Pet Care Packaging Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Pet Care Packaging Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Pet Care Packaging Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Pet Care Packaging Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Pet Care Packaging Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Pet Care Packaging market
To receive an industry overview and future trends of the Pet Care Packaging market
To analyze the Pet Care Packaging market drivers and challenges
To get information on the Pet Care Packaging market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the Pet Care Packaging
market industry
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
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