Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Pet Food Flexible Packaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.9% during the review period (2022 to 2027).
The increase in urban population, rising demand for high-quality food products, greater pet adoption, rising pet owners' disposable income, and the multi-functionality of pet food packaging are all contributing factors to the growth of the pet food flexible packaging market. Aluminums, metal, laminate, and plastic are additional materials utilized in pet packaging. Pet food that has been improved and manufactured specifically is often sold in tiny containers with outstanding presentation. One of the most popular materials for pet food packaging is plastic. Governments all over the world have adopted a variety of policies to address the concerns that food packaging materials pose.
Industry Development:
January 2020, Amcor plc acquired Bemis Company, Inc. (US), a key manufacturer of packaging products. This acquisition will create value proportion to Amcor plc, and increase its customer base & global presence. This strategic initiative is expected to strengthen further the capabilities for packaging products & solutions of food, beverage, medical, pharmaceutical, home care, pet care, personal care, and other consumer products.
The Pet Food Flexible Packaging Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Amcor, Constantia Flexibles, Ardagh group, Coveris, Sonoco Products Co, Mondi Group, HUHTAMAKI, Printpack, Winpak, Berry Plastics Corporation, Bryce Corporation, Aptar Group, ProAmpac, HPM Global and others.
Pet Food Flexible Packaging Market is segmented based on the Types, applications, End users, companies and regions.
Global Pet Food Flexible Packaging Market, by Type
Global Pet Food Flexible Packaging Market, by Applications
Increased pet humanization and pet ownership, the introduction of private label retail brands, and increased urbanisation are some of the key factors propelling the growth of the North American pet food market. In North America, the pet food market has become very competitive. As the need for protective, educational, and sustainable packaging from pet owners grows, manufacturers are focusing on offering more intelligent packaging solutions. However, the Asia-Pacific area is anticipated to experience the quickest growth over the projection period due to an increase in the region's adoption rates of animals, which have risen as a result of increased humanization and growing awareness of animal mistreatment.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.9% during the review period (2022 to 2027). |
By Types |
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By Application |
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By Companies | Amcor, Constantia Flexibles, Ardagh group, Coveris, Sonoco Products Co, Mondi Group, HUHTAMAKI, Printpack, Winpak, Berry Plastics Corporation, Bryce Corporation, Aptar Group, ProAmpac, HPM Global |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 164 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Pet Food Flexible Packaging Market is studied from 2017 - 2027.
What is the growth rate of Pet Food Flexible Packaging Market?
The Pet Food Flexible Packaging Market is growing at a CAGR of 3.9% over the next 5 years.
Who are the leading key players in Pet Food Flexible Packaging Market?
Amcor, Constantia Flexibles, Ardagh group, Coveris, Sonoco Products Co, Mondi Group, HUHTAMAKI, Printpack, Winpak, Berry Plastics Corporation, Bryce Corporation, Aptar Group, ProAmpac, HPM Global
What regions regions does this Pet Food Flexible Packaging Market report covers?
North America (the 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, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Pet Food Flexible Packaging Market?
Flexible Plastic Packaging, Kraft Paper Packaging, Others
What are the significant applications of Pet Food Flexible Packaging Market?
Pet Dry Foods, Pet Wet Foods, Pet Snacks, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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