Pet Care Packaging Market Assessment worth $ 17.73 Billion by 2030 – Exclusive Report by InsightAce Analytic
InsightAce 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:
Market Growth Fueled by Trends:
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:
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Market Segments
Global Pet Care Packaging Market, by Material, 2022-2030 (Value US$ Mn)
Global Pet Care Packaging Market, by Packaging Type, 2022-2030 (Value US$ Mn)
Global Pet Care Packaging Market, by Application, 2022-2030 (Value US$ Mn)
Global Pet Care Packaging Market, by Region, 2022-2030 (Value US$ Mn)
North America Pet Care Packaging Market, by Country, 2022-2030 (Value US$ Mn)
Europe Pet Care Packaging Market, by Country, 2022-2030 (Value US$ Mn)
Asia Pacific Pet Care Packaging Market, by Country, 2022-2030 (Value US$ Mn)
Latin America Pet Care Packaging Market, by Country, 2022-2030 (Value US$ Mn)
Middle East & Africa Pet Care Packaging Market, by Country, 2022-2030 (Value US$ Mn)
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