Press release
Key Factor Supporting Flexible Pet Care Packaging Market Development in 2025: Flexible Pet Care Packaging Market Thrives On The Surge In Pet Ownership
Flexible Pet Care Packaging
How Large Will the Flexible Pet Care Packaging Market Size By 2025?
There has been substantial growth in the flexible pet care packaging market in recent times. The market which is anticipated to increase from $9.06 billion in 2024 to $9.74 billion in 2025, predicts a compound annual growth rate (CAGR) of 7.5%. Factors such as ease for consumers, unique product features, concerns about sustainability, transportability, featherweight packaging, resealable attributes, and tamper-proof features have contributed to the growth experienced in the past era.
How Big Is the Flexible Pet Care Packaging Market Size Expected to Grow by 2029?
The market size for flexible pet care packaging is anticipated to experience substantial growth in the coming years. It is predicted to reach a value of $14.24 billion in 2029, expanding at a compound annual growth rate (CAGR) of 9.9%. This anticipated growth in the forecast period can be linked to the increase in premium pet product demand, a shift towards sustainable materials, a focus on recycling, maintaining hygiene and freshness, and encouraging interactive packaging experiences. Key trends expected in this period encompass innovative packaging designs, tailored and personalized packaging, digital printing techniques, transparent labeling, partnerships for innovation, online subscription services and solutions for e-commerce packaging.
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Which Key Market Drivers Powering Flexible Pet Care Packaging Market Expansion and Growth?
The surge in pet ownership is set to stimulate the expansion of the flex pet care packaging market. This refers to anyone who is a caretaker or possessor of any domestic pet like dogs or cats. An upward trend in dog adoption due to demographic transitions and enhanced income brackets amplifies the need for pet care products and their packaging. For example, in November 2022, as per Animal Medicines Australia, a non-government organization from Australia, there was a notable escalation in pet ownership, with the owner count hitting 28,730.8 in 2022, a surge from 39% in 2021. This indicates a 24% rise, emphasizing a robust upward trend in pet adoption and the corresponding investment in pet care. Hence, this increasing trend in pet ownership within the flexible pet care packaging sector is anticipated to facilitate the growth of the flexible pet care packaging market.
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Which Fast-Growing Trends Are Poised to Disrupt the Flexible Pet Care Packaging Market?
Product innovation is emerging as a critical trend in the flexible pet care packaging market. To solidify their market standing, many leading companies in this sector are focusing on creating new and innovative products. For example, in April 2024, a company known for its processing and packaging solutions, ProMach Inc., based in the US, unveiled its new branch named Pet Care Solutions. This new arm will deliver a thorough range of processing, filling, and system integration solutions tailored specifically for the pet care industry. ProMach's Pet Care Solutions has been designed to tackle the unique issues related to producing and packaging wet food, kibble, treats, and other such products and ensures that these products maintain their highest freshness, taste, and shelf stability, essential characteristics to meet discerning pet owners' expectations.
What Are the Emerging 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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Who Are the Global Leaders 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 are the Top Profitable Regional Markets for the Flexible Pet Care Packaging Industry?
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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