- Dog and cat food packaging is projected to continue growing strongly in coming years, driven by the increasing popularity of cats as pets, which will offset the decline in dog ownership.
- Plastic pouches is expected to see the fastest growth with a CAGR of 15% over the forecast period due to the shift from metal food cans and because wet cat food is expected to continue performing well. Metal food cans, meanwhile, is expected to see the worst growth of the forecast period with a CAGR of -7%. Flexible paper, which is most typically used for larger packs of dry dog food, is also set for a decline due to the declining number of large dogs.
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