Trays are pulling volume away from bottles in the pet packaging market as brand owners shift to shelf-ready, portion-controlled formats for wet food and treats. Contrive Datum Insights projects the pack-type line to compound at 7.13% through 2034, more than a point ahead of every other format, lifting its share of category revenue from 10% in 2025 to 11% by 2034 and its value from USD 7.45 billion to USD 13.85 billion.
The finding comes from the firm's new study, "Pet Packaging Market Size, Share & Industry Analysis, By Pack type (Bottles, Bags and Pouches, Lids/Caps and Closures, Trays, Others), Packaging type (Rigid, Flexible, Others), Filling technology (Cold Fill, Hot Fill, Aseptic Fill, Others), End-user industry (Food & Beverage, Consumer Goods, Pharmaceutical, Others), Material source (Virgin PET, Recycled PET (rPET)), and Regional Forecast, 2026-2034." It puts the global market at USD 74.5 billion in 2025, rising to USD 79 billion in 2026 and USD 125.92 billion by 2034, a compound annual growth rate of 6%. Depending on how fast recycled-PET supply and packaged food consumption in Asia Pacific and Latin America build out, the study's range runs from USD 107.43 billion at the low end to USD 141.78 billion at the high end.
What Is Pulling Trays Ahead
Wet pet food and single-serve treat lines are converting from pouches and bottle-adjacent tubs to thermoformed PET trays, which hold their shape on a shelf and reseal without a separate lid purchase. That shift sits inside a broader move toward lighter, recyclable packaging across food and beverage, the largest single driver the study identifies. Rigid formats overall held 58% of 2025 revenue at USD 43.21 billion, but flexible packaging is compounding faster, at 7.81%, and recycled PET is the quickest-growing material line at 12.21%: the same recyclability push visible in trays shows up across the rest of the pack-type list too.
Asia Pacific supplies 43% of 2025 revenue, USD 32.04 billion, and its share climbs to 47% by 2034 as regional revenue reaches USD 59.18 billion. China alone accounts for USD 13.46 billion of that 2025 total, 18.06% of global revenue. Middle East and Africa stays the smallest region across the forecast, moving from 6% of revenue in 2025 to 7% in 2034.
Bottles Still Lead, Growing Slower
Bottles still account for the largest share of the market, 46% of 2025 revenue at USD 34.27 billion, and hold that lead through 2034 at 43%. Growth there has already slowed to 5.2% a year, about a point under the market average; most of the conversion to lightweight PET in that format happened in an earlier cycle, and what is left to grow is concentrated in trays and the other newer lines instead.
The report breaks out revenue and growth for every line across pack type, packaging type, filling technology, end-user industry and material source from 2020 through 2034, with regional and country-level detail, the competitive landscape and the research methodology included. It is delivered as a PDF, and a free sample is available on request.