- Packaging volume is expected to grow at a 5% CAGR though 2021, driven by the launch of new brands and products, as well as by the increasing preference among pet owners for products that offer greater convenience, higher quality ingredients, more sophisticated flavors, etc. While many dog and cat owners will continue to buy larger bulk packs to save time and money, smaller presentations will continue to gain popularity among consumers who have limited storage space or want to try out different brands without spending too much money.
- Brick liquid cartons volume sales in dog treats and mixers is projected are projected to perform the best through 2021, growing at a 22% CAGR, followed by aluminum/plastic pouches in wet dog food at an 18% CAGR.
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