The market research company Future Market Insights expects that the market for pet food packaging in Europe will be worth 3.59 bn euros this year as compared with 2.23 bn euros in 2016. Further growth of 4.4 per cent is forecast by 2033.
It is expected that the demand for packaging for pet food in Europe will increase due to the preference for high-quality, nutritious pet food and the growing expenditure on pets. Another factor driving the sector is the demand for packaging solutions that can safeguard the quality and shelf life of the food, according to Future Market Insights.