Pet industry trends and future investment directions
Market size: Continue to grow. According to the White Paper on China's pet Industry from 2023 to 2024, the domestic urban pet consumption market has reached 279.3 billion yuan, an increase of 3.2% over 2022. This reflects the overall prosperity of the pet industry and increased consumer demand.
Consumer demand: will be more diversified. Pet owners have increased requirements for the nutrition, quality and safety of pet food, and products with stable quality and reputation are more popular. The steady expansion of the pet products market indicates that the needs of pet owners in terms of daily pet care and supplies are also beginning to differentiate.
Market competition: Increasing industry concentration. The advantages of the leading enterprises in the industry are further amplified, which is mainly due to the brand advantage, product quality and the improvement of sales channels.
Market expansion: Domestic and overseas markets promote each other. A number of pet listed companies have made concerted efforts in domestic and overseas markets and obtained more growth opportunities, which is also an important direction for the future development of pet companies.
Packing Leader's goal is to bring your products to store shelves in the highest quality packaging. This includes not only the safe and efficient production of the product, the quality and quantity of the packaging effect, but also the packaging of the bale, bag or box on the pallet and ensure that they are safely transported. We are happy to help you plan your entire production line. We always want to provide the best solution for our customers. That's why we offer the maximum possible flexibility.
