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2025-2034 Flexible Pet Care Packaging Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Flexible Pet Care Packaging Market
What Is the Expected CAGR for the Flexible Pet Care Packaging Market Through 2025?
The market size for flexible pet care packaging has seen a solid growth trend recently. Its evolution will rise from $9.06 billion in 2024, up to $9.84 billion in 2025, a progression underscored by a compound annual growth rate (CAGR) of 8.6%. The surge in growth during the historic period can be tied to elements such as consumer convenience, the ability to distinguish products, sustainability worries, transportability, reduced weight packaging, the ability to reseal, and safety and tamper-resistance.
What's the Projected Size of the Global Flexible Pet Care Packaging Market by 2029?
We expect swift expansion in the flexible pet care packaging industry in the coming years, with forecasts suggesting it will reach $14.54 billion by 2029, experiencing a compound annual growth rate (CAGR) of 10.3%. This growth projection for the future can be traced back to an increased demand for higher-end pet products, a leaning towards eco-friendly materials, emphasis on recycle-ability, cleanliness, and preservation of freshness, coupled with engaging packaging experiences. The prediction period also sees key trends like novel packaging concepts, customization and personalization, digital printing, clarity in labels, partnerships for innovative solutions, web-based subscription services, and e-commerce packaging solutions.
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Top Growth Drivers in the Flexible Pet Care Packaging Industry: What's Accelerating the Market?
The anticipated surge in the flexible pet care packaging market is predicted to be driven by a rise in pet ownership. Pet ownership is defined as any person who takes charge of or possesses a dog, cat, or any other domestic animal. More people are adopting dogs due to shifts in demographics and higher income levels, heightening the demand for pet care products and their packaging. For example, a considerable increase in pet ownership was recorded in Australia in November 2022. Animal Medicines Australia, a non-governmental organization based in Australia, reported that the number of pet owners in the country had escalated to 28,730.8 in 2022. This was a significant leap from the previous year, which saw only 39% pet ownership, illustrating an increase of 24%. This points to a rising trend in pet adoption and subsequent investment in pet care. Consequently, this burgeoning pet ownership within the flexible pet care packaging domain is predicted to stimulate the expansion of the flexible pet care packaging market.
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What Trends Will Shape the Flexible Pet Care Packaging Market Through 2029 and Beyond?
A growing trend within the flexible pet care packaging market is product innovation. Leading businesses within this market are centring their efforts on creating novel and unique products to secure their standing within the industry. For instance, ProMach Inc., a company specializing in processing and packaging solutions based in the US, launched their new Pet Care Solutions group in April 2024. This unit will be offering a broad range of solutions that are custom-made for the pet care industry including processing, filling, and systems integration. ProMach's Pet Care Solutions are engineered to overcome the unique difficulties linked to the production and packaging of wet food, kibble, treats, among others, ensuring maximum preservation of freshness, taste, and shelf stability - crucial factors in satisfying meticulous pet owners.
What Are the Main Segments in the Flexible Pet Care Packaging Market?
The flexible pet care packaging market covered in this report is segmented -
1) By Packaging: Cans, Bags And Pouches, Folding Cartons, Tubes, Blister Packs, Plastic Bottles And Jars
2) By Material: Plastic, Paper And Paperboard, Metal, Other Packaging Materials
3) By Application: Dry Food, Wet Food, Frozen
4) By End Use: Cats, Dogs, Birds, Other End Uses
Subsegments:
1) By Cans: Metal Cans, Aluminum Cans
2) By Bags And Pouches: Stand-Up Pouches, Flat Pouches, Roll Stock Bags
3) By Folding Cartons: Printed Folding Cartons, Unprinted Folding Cartons
4) By Tubes: Squeeze Tubes, Laminated Tubes
5) By Blister Packs: Standard Blister Packs, Child-Resistant Blister Packs
6) By Plastic Bottles And Jars: PET Bottles, HDPE Bottles, Jars With Various Closures
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Which Top Companies are Driving Growth in the Flexible Pet Care Packaging Market?
Major companies operating in the flexible pet care packaging market include Amcor plc, Aptar Group Inc., Ardagh Group SA, Coveris Holdings SA, Crown Holdings Inc., Constantia Flexibles Group GmbH, Mondi Group plc, ProAmpac LLC, Sonoco Products Company, Kendall Packaging Corporation, Ball Corporation, Berry Plastics Corporation, Gateway Packaging Pty Ltd., Graphic Packaging Holding Company, Greif Inc., Printpack Inc., WestRock Company, American Packaging Corporation, Silgan Holdings Inc., Berlin Packaging LLC, Interflex Group Inc., Reynolds Group Holdings Limited, TCL Packaging Ltd., The InterFlex Group Inc., NNZ Group B.V., Huhtamaki OYJ, Winpak Ltd., Sealed Air Corporation, Smurfit Kappa Group, DS Smith plc, Scholle Ipn Corporation, Glenroy Inc., Uflex Ltd., Wipak Group, Flextrus AB
Which Regions Will Dominate the Flexible Pet Care Packaging Market Through 2029?
North America was the largest region in the flexible pet care packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the flexible pet care packaging market report during the forecast period. The regions covered in the flexible pet care packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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