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Below are some of the key findings from the pet food packaging market research report
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The growth of e-commerce in pet food packaging is one of the major factors driving the pet food packaging market. Market experts within the pet food industry have identified, online retail sales of pet food products have increased considerably in recent years. This is largely driven by the millennial demographic becoming the largest segment of pet owners. For instance, e-commerce accounted for about 11% of pet food sales in the US during 2017. The increasing proliferation of online sales of pet foods is also creating ample opportunities for the pet food packaging manufacturers to offer reliable packaging solutions to the customers. Consequently, the increasing proliferation of online pet food stores will accelerate pet food packaging market growth in the coming years.
The shift towards using recyclable packaging is one of the critical pet food packaging market trends. Leading pet food manufacturers are aiming to move towards completely recyclable and reusable packaging for their products. Furthermore, government regulations are also necessitating proper recycling of packaging waste, which may impact the growth of the pet food packaging market. The high cost of recyclable packaging is also expected to even out through economies of scale, as the adoption of recyclable packaging grows. The pet food packaging market report predicts that fueled by these factors, the market will increase at a CAGR of over 7% during the forecast period.
The pet food packaging market is highly fragmented and in the growth phase. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this pet food packaging industry analysis report will aid clients to identify and design new growth strategies.
The report offers a complete analysis of various companies including:
As per the global pet food packaging market analysis, the Americas will lead the pet food packaging market share until 2022. However, the APAC region will register the highest pet food packaging market growth throughout the forecast period.
The flexible packaging segment will lead the pet food packaging market share during the forecast period. Flexible packaging will also account for the highest pet food packaging market growth. Additionally, the report also provides an accurate prediction of the contribution of the various packaging types to the growth of the pet food packaging market size.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PACKAGING TYPE
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
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