Early Impacts of COVID-19 on Pet Food Packaging Market - Exclusive Report by MarketsandMarkets™

News provided by

Apr 14, 2020, 05:30 ET

CHICAGO, April 14, 2020 /PRNewswire/ -- The ongoing COVID-19 pandemic—and the worldwide reaction to it—has compelled companies to radically rethink their strategies and the way they operate. We salute the industry experts helping companies survive and sustain in this pandemic.

At MarketsandMarkets™, analysts are undertaking continuous efforts to provide analysis of the COVID-19 impact on the Pet Food Packaging Market. We are working diligently to help companies take rapid decisions by studying:

The impact of COVID-19 on the Pet Food Packaging Market, including growth/decline in product type/use cases due to the cascaded impact of COVID-19 on the extended ecosystem of the market
The rapid shifts in the strategies of the Top 50 companies in the Pet Food Packaging Market
The shifting short-term priorities of the top 50 companies' clients and their client's clients

You can request an in-depth analysis detailing the impact of COVID-19 on the Pet Food Packaging Market:

https://www.marketsandmarkets.com/speaktoanalyst.asp?id=150550375

According to the new market research report "Pet Food Packaging Market by Material Type (Paper & Paperboard, Plastic, Metal), Packaging Form (Bags, Cans, Pouches, Boxes/Cartons), Food Type (Dry Food, Wet Food, Pet Treats), Animal Type (Dog, Cat, Fish, Bird), Region - Global Forecast to 2025", published by MarketsandMarkets™, the Pet Food Packaging Market size is projected to grow from USD 10.2 billion in 2020 to USD 12.5 billion by 2025, at a CAGR of 4.2% from 2020 to 2025.

Browse in-depth TOC on "Pet Food Packaging Market"

148 – Tables

49 – Figures

177 – Pages

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150550375

The market is expected to grow in tandem with the growth of the pet food industry across the globe. An increase in the number of pet adoptions is resulting in higher consumption of pet food. Innovations in packaging, simple and convenient packaging designs, innovation in packaging will boost the demand for pet food packaging.

In terms of value and volume, bags is estimated to lead the pet food packaging market in 2019.

Bags, by packaging form, led the pet food packaging industry in 2019, in terms of value and volume. The application of bags in pet food packaging is largest due to ease of handling and low cost of production. Multiple applications of bags made from different materials like paper, plastic, and others offer a wide range of applications in the pet food packaging market.

In terms of value and volume, dry food is estimated to lead the pet food packaging industry in 2019.

Dry food, by food type, led the pet food packaging market in 2019, in terms of value and volume. It is the most prominent type of feed consumed. Dry food causes fewer spillages and can be cleared easily. It is easier to handle dry food than wet food, which has a strong smell.

Request Sample Pages:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=150550375

In terms of value and volume, dog food is estimated to lead the pet food packaging industry in 2019.

Dog food, by animal type, led the pet food packaging market in 2019, in terms of value and volume. Dog food consumption is rising due to the higher adoption of dogs. The dog food industry is a huge market with pet food manufacturers spending a significant amount on advertising trying to convince consumers by offering the best products.

North America is projected to account for the largest share in the pet food packaging industry during the forecast period.

The North America region is projected to lead the pet food packaging market, in terms of both value and volume from 2020 to 2025. Increase in demand for pet food due to factors such as convenient and straightforward design, innovations in the packaging designs, and boost in demand for pet food due to growing affection for pets are expected to drive the market for pet food packaging in the North America region.

Amcor Plc (Australia), Mondi Plc (South Africa), Sonoco Products Company (U.S.), Constantia Flexibles (Austria), and Huhtamaki OYJ (Finland) are the key players operating in the pet food packaging market. Expansions, acquisitions, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the pet food packaging industry.

Browse Adjacent Markets: Packaging Market Research Reports & Consulting

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]

Visit Our Website: https://www.marketsandmarkets.com

SOURCE MarketsandMarkets