Us Pet Food Packaging Market (2021-2026)
STUDY ASSUMPTIONS AND MARKET DEFINITION
STUDY ASSUMPTIONS
INTRODUCTION
The base currency considered was the US Dollar (USD). Conversion of othercurrencies to USD was considered on the basis of the average exchange ratefor the respective review-period years. The exchange rate conversion forforecast period was determined according to the base year’s conversionrates.
The base year was identified based on the availability of annual reports andsecondary information. The base year considered for this study is 2020.
The review period considered for this study is from 2016 to 2019. The CAGRconsidered is for the forecast period of 2021-2026.
Market size estimations for the forecast years were in real terms. Inflation isnot part of the pricing, and the average selling price (ASP) was keptconstant throughout the forecast period for each country.
Distribution of primary interviews conducted was based on the regionalshare of the market and the presence of key players in each region.
As a result of data triangulation through multiple methodologies andapproaches, the weighted averages of resulting estimates were consideredto be the final values.MARKET DEFINITION
The study tracks the key demand-side market dynamics based on a wide rangeof base indicators, such as pet food demand, relative uptake for primary andsecondary packaging materials, and regional regulations/pet ownershippatterns
The impact of the recent outbreak of COVID-19 on the spending on pet foodproducts and vendor strategies is also analyzed as part of the final study.
The study analyze the major qualitative trends idenfied during the reviewperid, such as the entry of premium pet food brands, growing share of ecommerce-based sales in the pet food category, innovations in pet foodpackaging industry, etc.
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