Pet Food Packaging Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2027
The pet food packaging market is projected to reach value of USD 13.27 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market for pet food packaging can be attributed to high rate of pet adoption and growing trend of pet humanization. Various animal shelters and individual pet lovers are joining forces to educate people in order to increase awareness about pet adoption through social media or by organizing multiple camps. People have started to accept their pets as a member of their family. This perception has created significant increase in the demand for packed food products for animals. The report provides an in-depth investigation of the global market, largely focusing on each segment and sub-segment of the Pet Food Packaging market. The real-time data accumulated through qualitative and quantitative research technique further help business owners determine where they stand in comparison to their region, country, and product category. Our sample copy includes a brief analysis of the Pet Food Packaging market, the List of Tables and Figures, the market’s competitive scenario and geographical segmentation, and product innovation and future developments based on a sought-after research methodology.
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Concerns about a pet’s nutritional intake are constantly rising among pet owners, which is boosting the demand for advanced materials required in the pet food packaging industry. Manufacturers are developing advanced technologies to offer a state-of-the-art solution for packaging, which would protect the pet food from getting spoiled or damaged. The Global Pet Food Packaging Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The Global Pet Food Packaging Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market.
Further Key Findings from the Report Suggest:
- In January 2020, Amcor plc. acquired Bemis Company, Inc. (U.S.), a manufacturer of packaging products. This acquisition would allow Amcor plc. to expand its customer base and enhance its presence in the global market. The investment is expected to help the acquirer to further strengthen its packaging capabilities for products such as pet care products, beverages, medicines, food, personal care products, and other consumer products.
- In November 2019, Huhtamaki launched its state-of-the-art flexible packaging unit in Egypt. Through this investment, Huhtamaki entered the manufacturing industry for flexible packaging in Africa.
For the purpose of this report, Emergen Research has segmented the global pet food packaging market based on type of material, packaging type, animal type, and region as follows:
- Types of Material Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–-2027)
- Paper & Paperboard
- Packaging Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–-2027)
- Animal Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–-2027)
To learn more details about the Global Pet Food Packaging Market report, visit @ https://www.emergenresearch.com/industry-report/pet-food-packaging-market
Key Objectives of the Report:
- The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
- The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
The report aims to deliver a comprehensive understanding of the Pet Food Packaging market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.
Major Geographies Covered in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The research provides answers to the following key questions:
- What are key drivers believed to shape the future of the market during the estimated period?
- What are the prominent industry players dominating the Pet Food Packaging market during the forecast period?
- What are the major trends influencing the development of the industry?
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