Pet Food Packaging Market Anticipated to Grow at a Significant Pace by 2023
Nov 26, 2020: The global pet food packaging market is anticipated to grow at a higher pace. Packaging involves the use of plastics as the basic wrapping material. Plastic materials are synthetics produced from coal, natural gas which forms the principal packaging materials used in the form of wraps, pouches, tubs, cups and boxes for pet food packaging. From the commercial standpoint, blend of natural and synthetic materials will continue to dominate the commercial growth.
Driven
by the rise in adoption of pets and innovation in the packaging techniques, the
pet food packaging market is entering in the mainstream business, thus creating
significant awareness for pet sitting and rise in concerns for pet health. Pet
food packaging preserves the inner food contents and enhance the food quality
for pets. Plastic pouches are in significant demand owing to puncture
resistance and barrier protection for high quality products. In addition, there
will be a significant rise in demand for cups and tubs due to convenience and
light weight features.
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Geographically,
North America dominates the international scenario in the pet food packaging
sector. Presence of big players, innovative marketing strategies and consumer
awareness have been instrumental in shaping the market growth in this region
whereas there is a significant rise in the number of breed pets and demand for
pet foods. Availability of premium food brands with a higher nutrition values
adds to the vertical growth in the estimated time span.
The
major trends in the pet food packaging market mainly depends on the high
functional value of the product. In the recent years, big brands are now
looking to try something with packaging. For instance, American Nutrition, USA
finds that using a spot matte to add a glossy finish to packaging enables a
higher utility value of the product.
The
key players operating are Amcor Ltd, Ardagh Group SA, Bemis Ball Corporation,
Berry Global Group Inc., Sealed Air Corp, Smurfit Kappa Group Plc, DS Smith
Plc, Packaging Corp of America and Mondi Ltd.
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Geographically, this report is segmented into
several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Pet Food Packaging in these regions, from 2012 to
2023 (forecast), covering
•
North America (United States, Canada and Mexico)
•
Europe (Germany, France, UK, Russia and Italy)
•
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
•
South America (Brazil, Argentina, Columbia)
•
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Pet Food Packaging market competition by top
manufacturers, with production, price, revenue (value) and market share for
each manufacturer; the top players including
•
Amcor Limited
•
Sonoco Products Company
•
Constantia Flexibles
•
Huhtamki Oyj
•
Mondi Group
•
Ampac Packaging, Llc
•
Bemis Company, Inc.
•
Bosch Packaging Technology
•
Goglio SPA
•
Winpak Ltd.
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