PUBLISHER: Lucintel | PRODUCT CODE: 1418548
PUBLISHER: Lucintel | PRODUCT CODE: 1418548
Pet Food Packaging Trends and Forecast
The future of the global pet food packaging market looks promising with opportunities in the dry food, wet food, and pet treat markets. The global pet food packaging market is expected to reach an estimated $15.7 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are raising awareness about pet health maintenance, growing demand for premium and branded products, and the growth of online pet food stores and subscription services has transformed the packaging environment.
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Pet Food Packaging by Segment
The study includes a forecast for the global pet food packaging by material type, product type, animal, food type, and region.
List of Pet Food Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pet food packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pet food packaging companies profiled in this report include-
Pet Food Packaging Market Insights
Lucintel forecasts that cat food is expected to witness the highest growth over the forecast period due to increasing demand for specialized and premium cat food.
APAC is expected to witness highest growth over the forecast period due to rising pet ownership, a growing middle-class population, and greater urbanization in the region.
Features of the Global Pet Food Packaging Market
Market Size Estimates: Pet food packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Pet food packaging market size by material type, product type, animal, food type, and region in terms of value ($B).
Regional Analysis: Pet food packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material type, product type, animal, food type, and regions for the pet food packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pet food packaging market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the pet food packaging market size?
Answer: The global pet food packaging market is expected to reach an estimated $15.7 billion by 2030.
Q2. What is the growth forecast for pet food packaging market?
Answer: The global pet food packaging market is expected to grow with a CAGR of 5.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the pet food packaging market?
Answer: The major drivers for this market are raising awareness about pet health maintenance, growing demand for premium and branded products, and the growth of online pet food stores and subscription services has transformed the packaging environment.
Q4. What are the major segments for pet food packaging market?
Answer: The future of the global pet food packaging market looks promising with opportunities in the dry food, wet food, and pet treat markets.
Q5. Who are the key pet food packaging market companies?
Answer: Some of the key pet food packaging companies are as follows.
Q6. Which pet food packaging market segment will be the largest in future?
Answer: Lucintel forecasts that cat food is expected to witness the highest growth over the forecast period due to increasing demand for specialized and premium cat food.
Q7. In pet food packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising pet ownership, a growing middle-class population, and greater urbanization in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.