Global Pet Food Packaging Market 2015 Estimated to Grow at a Compound Annual Growth Rate 8.29% by 2022
Global Pet Food Packaging Market 2015
Deerfield Beach, FL -- (SBWire) -- 08/20/2015 --The Global Pet Food Packaging Market is poised to reach $5,079 million in 2014 with CAGR of 8.29% to reach $9,604 million by 2022. Pet Food Packaging Market is expected to drive the Market over increase in adoption of pets, Innovation of food products and increase in disposable income.
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Pet Food quality and safety regulations are hampering the growth of the Market. Addressing packaging issues can be the challenging factor for expansion of the market.
Global Pet Food Packaging Market is segmented by Material, by Packaging, by food, by Animal and by Geography. Based on Material, Pet Food Packaging Market is segregated into Paper & Paperboard, Flexible Plastic, Rigid Plastic, Metal. Based on Packaging, the market is categorized into Bags, Cans, Pouches and Boxes/Cartons. Based on Food, the market is classified into Wet Food, Chilled & Frozen, Foods, Dry Food and Pet Treats. Based on Animal, the market is segmented into Dogs, Cats, Fish and Birds. Pet Food Packaging Market by geography is segmented into North America, Europe, Asia Pacific and Rest of the World. Asia Pacific is estimated to grow faster than any other country.
The Key players in the Market include Ampac Packaging, Llc, Bosch Packaging Technology, Sonoco Products Company, Winpak Ltd., Amcor Limited, Sonoco Products Company, Mondi Group,Bemis Company, Inc., Huhtamäki Oyj and Goglio SPA.
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