Global Pet Food Packaging Market Expected to Surge Rapidly, Driven by Growing Disposable Income of Pet Owners 2017 – 2022

Posted on 2017-11-07 by Mark Hub in Food & Beverage // 0 Comments

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Albany, US, 2017-Nov-07 — /EPR Network/ —Over the past few years, advancements in the pet care sector has increased by manufacturers. Similarly, innovation in pet food products has encouraged manufacturers to opt for sustainable packaging to meet consumer demand, which as a result propelling the market growth of pet food packaging. Also, the pet food packaging industry is likely to grow at a robust pace in the coming years. To explore the major trends and current advancements in the sector, a study titled “Pet Food Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022” has been prepared, which is freshly broadcasted to the wide repository of Market Research Hub (MRH). This 170-pages forecast study provides a holistic outlook on the market’s growth in terms of revenue (in US$ Mn) across different geographical regions, such as North America, Latin America, Middle East and Africa, Europe, APEJ, and Japan.

Pet food packaging needs to be convenient for the owner to carry and also has to maintain the quality of the product to ensure safety of the pet. As the pet supply packaging market really begins to skyrocket in the next five years, choosing healthier ingredients and sustainable packaging will be a major advantage with the millions of pet lovers around the world. As per the study evaluations, the global pet food packaging market is likely to rise to a valuation of US$8.3 bn by the end of 2017. Exhibiting a strong 5.2% CAGR, the market is likely to further grow to more than US$10.7 bn by 2022. In terms of geography, developed regions such as North America and Europe are thus likely to remain the key geographical segments for the global market, because people in these regions are more aware of pet food quality and its impact on pet health, as well as being more affluent and able to purchase a wider variety of premium pet food.

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Initially, the report comprises an elaborate executive summary, including a market snapshot of pet food packaging defining information of top segments in the market. In addition, the segmentation of the global pet food packaging market is analyzed in detail in the report to provide readers with a clear idea of the granular structure of the market. The report segments the global pet food packaging market by application, end use, and packaging material. On the basis of packaging material, the study covers paper and paperboard, plastic, metal, and others. Out of these, plastic is likely to remain the leading material utilized in the global pet food packaging market in the coming years due to its widespread use and convenience to a range of user demographic. Key applications of the pet food packaging market include dry food, frozen food, wet food, and pet treats.

Browse Full Report with TOC: https://www.marketresearchhub.com/report/pet-food-packaging-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2022-report.html

Moreover, the report provides a comprehensive look at the various factors affecting the growth of the global pet food packaging market positively as well as negatively. The growing diversity in the pet food market is one of the key drivers for the global market. Also, growing demand for pet ownership and rising incorporation of advanced pet care protocol are boosting the market growth rapidly.

Moving further, the study includes the profiles of key players in the market and the strategies adopted by them to sustain in the competition. Key pet food packaging market players profiled in the report include Smurfit Kappa Group Plc, Amcor Ltd., Crown Holdings Inc., Packaging Corp. of America, Sealed Air Corp., Berry Global Group Inc., DS Smith Plc, Ball Corporation, Ardagh Group SA, Mondi Ltd., Bemis Co. Inc. and Georgia-Pacific LLC.

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About Market Research Hub

Market Research Hub (MRH) is a next-generation reseller of packaging market reports and analysis. MRH’s expansive collection of reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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