Global Pet Care Packaging Market to Reach USD 15.7 Billion by 2033 at a CAGR of 4% | FMI

Pet Care Packaging Market
Pet Care Packaging Market

The global pet care packaging market, currently valued at USD 10.6 billion in 2023, is projected to grow steadily and reach USD 15.7 billion by 2033. The market is set to expand at a compound annual growth rate (CAGR) of 4% over the forecast period, driven by rising demand for durable, lightweight, cost-effective, and versatile packaging solutions, particularly in plastic.

The global demand for pet care packaging solutions is increasing with the greater adoption of pet animals by older age people. The need for single-serve and small-sized pet care products has also increased considerably recently as a result of the growing trend of ready-to-eat pet foods.

Core Concepts in the Pet Care Packaging Industry

  • Growth Rate (2023-2033): The global pet care packaging market is expected to grow at a 4% CAGR between 2023 and 2033.
  • Historical Market Size (2022): The global pet care packaging market was worth US$ 10 million in 2022.
  • Preferred Segment: Cans are expected to gain traction and be the most preferred segment in the pet care packaging market.
  • Key Trends Driving Demand:

Growing adoption of pets.

A trend towards sustainability.

  • Estimated Market Size by 2033: The global pet care packaging market is predicted to reach US$ 15.7 million by 2033.

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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.

 Segment-Wise Insights:

  1. Paper & Paperboard Packaging Materials: The shift towards recyclable materials is driving the adoption of paper and paperboard packaging, which is expected to surpass plastic packaging in the near future due to environmental concerns.
  2. Metal Cans: The demand for metal cans for pet food packaging is on the rise, particularly through e-commerce channels. New design patterns are expected to boost this segment’s performance.
  3. Reusable and Re-closable Stand-up Pouches: These pouches are gaining popularity due to their affordability and convenience, complementing the use of metal cans.
  4. E-commerce Sales Channels: The wet and frozen pet food segments are witnessing considerable growth due to improved retail services through online channels, with dry pet foods remaining the dominant segment.

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Key Segments Covered in the Industry

Industry Segment by Material Type:

  • Plastic Material
  • Paper & Paperboard Material
  • Metal Material
  • Other Packaging Material

Industry Segment by Packaging Type:

  • Cans
  • Bags & Pouches
  • Folding Cartons
  • Tubes
  • Blister Packs
  • Plastic Bottles & Jars
  • 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

Industry Segment by Region:

  • North America Market
  • Latin America Market
  • Europe Market
  • East Asia Market
  • South Asia P Market
  • Oceania Market
  • The Middle East & Africa (MEA) Market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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