Technavio Announces the Publication of its Research Report Global Pet Care Packaging Market 2016-2020
Technavio recognizes the following companies as the key players in the global pet care packaging market: Amcor, Bemis, Mondi, Printpack, and Sonoco.
Other Prominent Vendors in the market are: American Packaging, Ampac, AptarGroup, Ardagh, Ball, Berlin Packaging, Berry Plastics, Gateway Packaging, Graphic Packaging, Greif, InterFlex, KapStone Paper and Packaging, MeadWestVaco, Reynolds, and Silgan.
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Commenting on the report, an analyst from Technavios team said: Demand for pouch packaging will be a key trend for market growth. The global pet food packaging market has witnessing increased demand for pouch packaging. Pet food manufacturers are constantly looking for lightweight, innovative, and alternative forms of packaging. Traditionally, pet food has been associated with bland, single-item flavors in small jars, but these days, pet food is available in many flavors and is being packaged in pouches. These pouches leave a smaller carbon footprint and have a better environmental rating than glass or plastic jars and bottles. Pouches generate less waste and enable easy transportation.
According to the report, rise in pet health concerns will be a key driver for market growth. Many health problems and diseases, such as skin allergies, arthritis, brain aging, digestive disorders, and obesity, are common among pets. Pet owners are aware of the health problems of their pets, and they focus on healthy and nutritious food and high-quality pet care products, such as hygiene products and grooming products, according to the age and type of pet. Pet owners often opt for pet care products that are organic, natural, and high in vitamins, proteins, and minerals, and which contain fewer preservatives. In mature markets such as the US and Europe, customers consider the package, label, and other claims by pet care companies for high-quality. pet owners.
Further, the report states that packaging companies and the brand owner always face the problem of choosing the right combination of technology, materials, and cost. Although polymer with nanoparticles gives high barrier efficiency, the cost involved is high. The challenge for the market is the recycling of multilayers barrier film as it is complicated to separate different layers. Some new technologies to watch for include: sustainable barrier coatings, besela barrier films, and ultra-thing barrier coating. New high barrier films made of nano-materials are being introduced; however, there exists a reluctance among the packaging companies and also brand owners due to regulations with respect to usage of nano-materials.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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About Pet Care Packaging Products
Pet care packaging products are designed for the packaging applications of pet food items, medical suppliers, and grooming products. The products used for pet care packaging include bags, pouches, plastic bottles, metal cans, folding cartons, and other packaging solutions. The growing use of flexible packaging products for pet care such as sachets and pouches is prompting many vendors to look for innovative and value-added packaging products and solutions to increase their profit margin.
Technavios analysts forecast the global pet care packaging market to grow at a CAGR of 3.38% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global pet care packaging market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of the products.
The market is divided into the following segments based on geography:
Technavio’s report, Global Pet Care Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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