The overall size of the global pet care packaging market is estimated to be nearly USD 10.6 billion in the present year 2023. The analysis report predicts the sales of pet care packaging are likely to record a decent CAGR of 4% between the years 2023 and 2033.
The global sales of pet care packaging are expected to reach USD 15.7 billion by the year 2033. The key reason for this certainty in growth prospects is due to the durability, lightweight, cost-effective, and versatile nature of particularly plastic pet care packaging solutions.
The pet care market is expected to flourish on the back of increasing demand for pet foods, neutraceuticals, toys, and healthcare supplements. Clothes, cosmetics, and various other products for pet animals also make up for a significant revenue share of the market. Pet food is the segment that is leading the pet care packaging business and the scenario is expected to remain the same even during the forecast period.
The demand for pet care packaging material is gaining traction owing to the rising adoption of pets as companions coupled especially in western countries. In addition to it, the growing awareness about the maintenance of pets’ health amongst owners has also augmented the market in eastern countries.
For example, spill-proof and well-advanced pet care films are called for more that are emerging as an attractive product segment in the analyzed market. Also, animal lovers are asking for informative and protective products creating a huge demand for pet care package wraps that are printable.
In recent years, pet care packaging manufacturers are also vying with demands by customers, like intelligent packaging for food. These labels do create positivity, thereby driving the demand for plastic pet care packaging solutions.
Along with the ongoing trend of sustainability, many packaging manufacturers and market players are heavily investing in research and development for premium pet food protection, personalized pet diet, HD printing for packaging, and stay-fresh zippers to enhance food quality and storage. Besides, the United States Food & Drug Administration’s regulations regarding pet food products have enhanced the opportunities for pet care package wraps market players.
Attributes | Details |
---|---|
Pet Care Packaging Market Size (2022) | USD 10.2 billion |
Pet Care Packaging Market Size (2023) | USD 10.6 billion |
Projected Pet Care Packaging Market Value (2033) | USD 15.7 billion |
Global Market Growth Rate (2023 to 2033) | 4% CAGR |
Collective Value Share: 3 Countries (2022E) | 38% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Particulars | Details |
---|---|
H1 2021 | 3.1% |
H1 2022 Projected | 3.6% |
H1 2022 Expected | 4.0% |
BPS Change - H1, 2022 (O) - H1, 2022 (P) | (+) 40 ↑ |
BPS Change - H1, 2022 (O) - H1, 2021 | (+) 90 ↑ |
Future Market Insights predict a comparison and review analysis of the dynamics for the global sales of pet care packaging products half-yearly. The figures are principally subjected to an array of global pet care packaging industry factors along with a few definite temporal influences.
The market for pet care packaging was expected to rise by 90 basis share points (BPS) in H1-2022 (O) against comparison with H1-2021. However, according to an FMI analysis, by comparing the H1-2022 projected and H1-2022 outlook period, a surge in BPS change by 40 BPS was noticed.
Though the outbreak of Covid-19 initiated some supply-side constraints but could not affect the pet care packaging market negatively. This could be attributed to the fact that with lockdowns all over the world, owners got more time to take care of their pets. Moreover, a study found that during Covid, pets help their owners to cope with anxiety issues and remoteness. In a way, the ‘Stay at Home’ dictum helped in substantial growth in sales of pet care packaging products worldwide.
The pet care packaging demand, although, has been lower than expected in all areas compared to pre-pandemic levels. According to our research, the sales of pet care packaging worldwide had a loss of 3.1% in 2022 compared to 2021. However, the overall valuation of the market reached USD 10.2 billion by the end of the previous survey years in 2022.
Recyclability is a matter of grave concern all across the manufacturing vertical. As such, plastic is being replaced by paper & paperboard. The criterion of having flexible and lightweight packaging solutions also gets fulfilled with paper and paperboard packaging. This segment is expected to boost the pet care packaging market in the upcoming period.
Production of metal cans for pet food packaging has skyrocketed with demand on their part not ceasing to stop over e-commerce websites. Various new-fangled design patterns are also being tried out that are expected to further boost the market performance of this segment.
Meanwhile, the popularity of reusable and re-closable stand-up pouches is also expected to increase during the forecast years. These packaging products are expected to go hand-in-hand with metal cans, as some small-scale industries prefer affordable types of packaging.
Out of various packaging materials, the plastic pet care packaging market segment is dominating at the moment as an affordable and reliable material. However, it is expected to be outlived by the paper & paperboard material segment in the coming days with the strengthening of environmental protection laws.
Based on different applications, dry pet foods constitute the dominant market segment owing to their higher preference as it lasts longer. The wet and frozen pet food segments have also witnessed considerable growth in the last few years owing to improved retail services through online channels.
The need for plastic packaging is anticipated to increase, especially in the United States further strengthening the regional market. According to Plastics Industry Association (PLASTICS), the United States plastics sector has remained among the leading regions and is expanding in recent years. Improving food ingredients such as high-protein content in frozen and gravy food straight-away influence the packaging needs for pet food in the United States.
Pet care packaging industries have a sizable market share in the Asia Pacific area owing to the successful manufacturing sector. Moreover, traditionally the regional market has progressed immensely on the foundation of exports of pet care packaging solutions to western countries.
The Asia Pacific is also expected to witness a change in the attitude of people, i.e. people are expected to shower more affection on animals. This development is expected to lead to a lucrative market for pet care packaging market players as per the industry experts.
According to Petkeen, nearly 60% of people in India have pets and around 50% admitted that they have adopted pets during Covid-19.
European countries have remained a lucrative destination for the global pet care film market players owing to higher adoption of pets and expenditure on them. Moreover, the use of recyclable plastic packaging materials is boosting the sales of pet care packaging in particularly the environmentally concerned European countries.
Coming to the United Kingdom, as per the Pet Food Manufacturers’ Association, 40% of the households do own a pet making it the most lucrative region. Similarly, Germany is the leading producer and supplier of pet care packaging solutions in Europe and acquires the second position in the global market.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The key players are continuously on their toes due to the market being on a demanding spree.
Attributes | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD million or billion for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania and the Middle East & Africa |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Benelux, Russia, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, China, Japan, South Korea, Australia, New Zealand, Türkiye, Egypt, North Africa, South Africa, and GCC Countries |
Key Market Segments Covered | By Material Type, By Packaging Type, By Application, By End Use, and By Region |
Key Companies Profiled | 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.; Berry Global Inc. |
Pricing | Available upon Request |
Global pet care packaging is expected to grow at 4% between 2023 and 2033.
The global pet care packaging market was worth USD10 million in 2022.
Cans are expected to gain traction in the pet care packaging market.
Growing adoption of pets and a trend toward sustainability are driving demand.
Globally, the pet care packaging market is predicted to reach USD 15.7 million in 2033.
1. Executive Summary | Pet Care Packaging Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type 5.1. Plastic 5.2. Paper & Paperboard 5.3. Metal 5.4. Other Packaging Material 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Packaging Type 6.1. Cans 6.2. Bags & Pouches 6.3. Folding Cartons 6.4. Tubes 6.5. Blister Packs 6.6. Plastic Bottles & Jars 6.7. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Dry Food 7.2. Wet Food 7.3. Frozen 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. MEA 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Amcor Plc 16.2. Aptar Group Inc. 16.3. Ardagh Group S.A. 16.4. Coveris Holdings S.A. 16.5. Crown Holdings Inc. 16.6. Constantia Flexibles Group GmbH 16.7. KapStone Paper and Packaging Corporation 16.8. Kendall Packaging Corporation 16.9. Formell Industries Inc. 16.10. Mondi Group Plc 16.11. ProAmpac LLC 16.12. WestRock Company 16.13. Sonoco Products Co 16.14. Silgan Holdings Inc. 16.15. TCL Packaging Ltd. 17. Assumptions & Acronyms Used 18. Research Methodology
Explore Packaging Insights
View Reports