The market for pet care packaging was predicted to reach US$10.2 billion in 2022. According to the Global Pet Care Packaging Market Analysis Report, the industry is expected to grow at a CAGR of 4% over the next several years. This analysis also projects that by 2033, the market’s net worth will have increased from US$10.6 billion to US$15.7 billion.
With more older people adopting pets, there is a rising demand for pet care packaging solutions globally. Due to the rising popularity of ready-to-eat pet foods, there has also been a significant recent surge in the demand for single-serve and small-sized pet care products.
Market trends and possibilities are anticipated to be hampered by domestic restrictions enforcing strict pet food quality and safety regulations. Suppliers of paper and paper board packaging materials confront several difficulties, including a shortage of raw materials and price fluctuations.
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Despite such challenges, the global demand for pet care packaging solutions is anticipated to increase because of the growing knowledge of maintaining a pet’s health. Moreover, owing to the rise in pet lovers globally pet care products are gaining traction in recent years.
Key Takeaways from the Pet Care Packaging Market Study Report
- The United States is the leading contributor to the total revenue generated by the pet care packaging market players globally.
- Germany is the leading producer and supplier of pet care packaging solutions for European countries and follows the United States in revenue generation.
- Meanwhile, the demand for pet care packaging products is growing at a higher rate in the United Kingdom.
- The Asia Pacific countries are also predicted to witness some promising growth rates during the years 2023 to 2033. Particularly, the countries like China and India are projected to emerge as remarkable markets for sales of pet care packages during this period.
- Based on the type of packaging, the cans and bags market segment holds a massive revenue share.
Competitive Landscape–
Amcor Plc, 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, ProAmpac LLC, WestRock Company, Sonoco Products Co, Silgan Holdings Inc., TCL Packaging Ltd., NNZ Group, The InterFlex Group Inc., and Berry Global Inc. among others are some key players in the global pet care packaging market.
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Recent Developments–
- Some new advances that have taken place in the market include the usage of re-seal ability and re-closable plastic pet care packaging and bags with zippers. In January 2022, Amcor plc. launched a new platform for paper-based packaging for several sectors including pet care products.
- The PRO-EVP multiwall bags from ProAmpac are used to get sustainable pet food packaging made out of fiber-based renewable resources and poly/paper hybrid materials. The company already has its PRO-DURA range that does come through in the form of woven polypropylene bags, thereby offering durability and flexibility.
- Ceetek, on the same note, has come up with a novel sealing approach called ‘Integrity Seal System’ in partnership with IFP (International Food partners) and WRAP, a packaging company. This could also cut down on standard seal size to 1.5 mm wide 30 from 15 mm.
The Segmentations Covered in the Pet Care Packaging Industry-
Industry Segment by Material Type:
- Pet Care Packaging in Plastic Material
- Pet Care Packaging in Paper & Paperboard Material
- Pet Care Packaging in Metal Material
- Pet Care Packaging in Other Packaging Material
Industry Segment by Packaging Type:
- Pet Care Packaging in Cans
- Pet Care Packaging in Bags & Pouches
- Pet Care Packaging in Folding Cartons
- Pet Care Packaging in Tubes
- Pet Care Packaging in Blister Packs
- Pet Care Packaging in Plastic Bottles & Jars
- Pet Care Packaging in Other Types (Tubes, Cups, etc.)
Industry Segment by Application:
- Dry Pet Food Packaging
- Wet Pet Food Packaging
- Frozen Pet Food Packaging
By End Use:
- Pet Food for Cats
- Pet Food for Dogs
- Pet Food for Birds
- Pet Food for Other Animals
Some possible market challenges for the pet care packaging market may include:
- Environmental concerns: As consumers become more environmentally conscious, there may be growing demand for sustainable packaging solutions. The pet care packaging market, which is largely dominated by plastic materials, may face challenges in this regard.
- Regulatory compliance: The pet care packaging market is subject to a range of regulations governing the use of materials, labeling, and safety. Compliance with these regulations can be costly and time-consuming, which may be a barrier to entry for some companies.
- Brand differentiation: The pet care market is highly competitive, and packaging can be an important tool for brand differentiation. However, creating unique and appealing packaging designs can be difficult and expensive, particularly for smaller players in the market.
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