22th November,
2018- Pet
Food Packaging Market has come into its own due to growing
adoption of pets and an increased spending on pet foods. Hence pet food
packaging is witnessing an ecstatic market due to domestication of dogs and
double income- no children family tree and growing nuclear families.
Segmentation of pet food packaging industry by packaging material include paper
and paperboard, flexible plastic, rigid plastic, and metal. Currently markets
are shifting gears proving great innovation in pet food products and coupled
with negligible resistance displayed by pet owners in spending on pet food
products, markets are correcting and growth in pet food packaging is projected.
Attractive packaging vectors adopted by rival manufacturers lay foundation for
growth in pet food packaging industry. Sustenance of packaging variants is key
to growth of pet food packaging industry.
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Rising disposable incomes and
humanization of pets are proving turning points in growth of pet food packaging
industry. Segmentation by packaging types comprises bags, cans, pouches and
bags/cartons. By food type, classification of pet food packaging industry
comprises dry, wet and chilled. Segmentation of pet food packaging market by
animal type includes dog food, cat food, fish food, bird food and others.
Segmentation of pet food packaging industry by region includes North America,
Europe, Asia pacific, MEA and Latin America. Fish by-products signify large
growth in pet food packaging industry as highly digestible wet dog food by food
type segment. The pouches segment by packaging type displays maximum growth in
pet food packaging market for forecast period. North America currently holds
prominent position in pet food packaging industry with market capitalization of
39.4%. Europe and Asia Pacific regions rake in second and third places respectively
in pet foods packaging market.
Packaging additions of pet
food avoids contamination and prolongs freshness in food content by prevention
of oxidization and moisture and displaying resistance to odor and greasing in
pet food. Pet food finds easy access in metals, cans and pouches. Base material
used in packaging particulars includes plastics and laminates, steel and
aluminum. Plastics also find expression in pet food packaging industry enhanced
by superior barrier and food preservation properties. Plastics also offer
superior durability in comparison to other pet food packaging components.
Imaginative packaging expressions such as single-serve flip open and zipper
flaps add to customer appeal in pet food packaging market. Pet food packaging
industry exhibits restraints in market growth owing to unfavorably high costs
of pet foods.
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