Quick Summary:
In an era where the pet industry is demonstrating significant growth, understanding the nuances of the Global Pet Food Packaging Market is becoming increasingly crucial for business executives who aim to widen their reach and capitalize on emergent market opportunities.
The market, with an estimated valuation of US$11 Billion in 2022, is forecasted to climb to US$16.6 Billion by 2030, signifying a noteworthy potential for expansion. Our comprehensive report, with a focus on key segments such as Plastic and Paper & Paperboard, allows you to navigate the trajectory of this market with precision and confidence.
Rapidly growing economies such as China, which is expected to trail a CAGR of 8.7% from 2022 to 2030, and established markets like the U.S., valued at US$3 Billion, form part of our extensive geographical analysis. Catch up with the market trends, competition, and growth pattern in these pivotal regions with our all-encompassing market report.
Global Pet Food Packaging Market to Reach $16.6 Billion by 2030
The global market for Pet Food Packaging estimated at US$11 Billion in the year 2022, is projected to reach a revised size of US$16.6 Billion by 2030, growing at a CAGR of 5.4% over the analysis period 2022-2030. Plastic, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$6.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Paper & Paperboard segment is readjusted to a revised 6.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 8.7% CAGR
The Pet Food Packaging market in the U.S. is estimated at US$3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.6 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.Select Competitors (Total 42 Featured) -
- Amcor Plc
- AptarGroup, Inc.
- Ardagh Group S.A
- Berry Global Group Inc.
- Constantia Flexibles
- Coveris Holdings S.A
- Goglio S.p.A
- Huhtamaki OYJ
- Mondi Plc
- ProAmpac Holdings, Inc.
- Silgan Holdings, Inc.
- Smurfit Kappa
- Sonoco Products Company
- Transcontinental Inc.
- Winpak Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Pet Food Packaging?
What is the growth rate of the Global Market for Pet Food Packaging?
What is the forecasted size of the Global Market for Pet Food Packaging?
Who are the key companies in the Global Market for Pet Food Packaging?
| Report Attribute | Details |
|---|---|
| No. of Pages | 93 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 11 Billion |
| Forecasted Market Value ( USD | $ 16.6 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Amcor Plc
- AptarGroup, Inc.
- Ardagh Group S.A
- Berry Global Group Inc.
- Constantia Flexibles
- Coveris Holdings S.A
- Goglio S.p.A
- Huhtamaki OYJ
- Mondi Plc
- ProAmpac Holdings, Inc.
- Silgan Holdings, Inc.
- Smurfit Kappa
- Sonoco Products Company
- Transcontinental Inc.
- Winpak Ltd.
