Agricultural Packaging Market Highlights
Agriculture is the most globalized industry in the world. Packaging for the agricultural industry will help preserve and protect food as a large share of food are transportated for thousands of kilometers and during this whole process maximum share of the food is wasted because of improper treatment such as Inadequate storing and packaging. They are packaged in such way so that they can retain shelf-life for longer period and maintain freshness of the product Agricultural packaging helps in maintaining the original properties of agricultural products which are packed and transported.
The global agricultural packaging market is expected to grow at a CAGR of ~4.7% during the forecast period.
Now a days, people are more aware about the wasted of agro based product and depletion of food product which acts as a major driving factors for agricultural packaging. As many articles, journals are published only on the depletion of grains, foods and other agro based product which affect positively on the mind of consumers. Along with, government is taking many initiatives for adequate storing and packaging of these products so that wastage should be low. In addition, increasing population in countries such as China & India and huge pressure on the production of food lead high demand for efficient and cost-effective agricultural packaging which may be another cause of growing market during the forecast period. Proper packaing quite essential for thses types of product mainly for fruits. It is very important that the layers of fruits are separated by liners to hold these fruits in place. These liners are made from paper pulp or plastic which minimises damage to the fruit during transport.
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The prominent players in the agricultural packaging market include
- Mondi (Austria)
- H.B. Fuller Company (US)
- Anderson Packaging Inc (US)
- Sonoco Products Company (US)
- LC Packaging (The Netherlands)
- Atlantic Packaging (US)
- RM CONVERTERS (India)
- Flex-Pack (The US)
- Packaging Corporation of America (US)
- NNZ Group (Netherlands)
- ProAmpac (US)
- Greif (US)
- Novolex (US), among others.
Regional Analysis of Agricultural Packaging Market
In terms of geography, Asia-Pacific is expected to be the largest market in the global agricultural packaging market, and it is estimated to grow with the highest CAGR during the forecast period. The one of major drivers for the growth of agricultural packaging market in this region are rising demand for food as population is growing very fast in these regions.
The market for agricultural packaging is growing with the expansion of urbanization in developing countries. Export and import of fresh fruits, vegetable, and other grains are growing high because of which the market of agricultural packaging is growing very fast. The growing demand for seeds in China and India may be the reason for the fastest growing market.
Agricultural Packaging Market Segmentation
For the purpose of this study, the global agricultural packaging market has been divided into three segments namely by material, products, barrier strength, and application. On the basis of material, the market has been segmented as paper & paperboard, plastic, metal, glass, and others. In the material segment, plastics accounts for the largest market share and dominates the material segment. Plastics is the most preferred material for agricultural packaging which is further bifurcated into rigid plastic packaging and flexible plastic packaging. The growth of plastic packaging can be attributed to various factors such as cost effective, light weighted and moisture resistance. Moreover, PET and HDPE plastics are highly preferred by the consumers for agrochemical products. Moreover, glass bottles protect foods against microorganisms, moisture, light and air. Along with glass does not react with foods and also does not contain chemicals.
On the basis of products, the market has been segmented as pouches, bags, bottles, trays and others. Trays are tapered and easily stacked when empty, also reducing the space needed for transport and storage. Plastic trays can be moulded into a numerous shapes and sizes and they can be easily colored for providing protection to foods against light.
On the basis of application, the market has been segmented as chemical pesticides, chemical fertilizers, and biologicals. chemical pesticides and chemical fertilizers are the major application of agricultural packaging. But in some countries, bans are increasing in chemical pesticide which hinder its market growth.
Packaging Manufacturers, Suppliers, Distributors, and Retailers Scope of the Report
This study provides an overview of the global Agricultural Packaging Market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global FMCG packaging market by material type, end-products, application and region.
- Paper & Paperboard
By Barrier Strength
- Food & Beverages
- Cosmetic & Personal Care
- North America
- Rest of the World
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
List Of Tables
Table 1 Global Agricultural Packaging Market: By Region, 2018-2023
Table 2 North America Agricultural Packaging Market: By Country, 2018-2023
Table 3 Europe Agricultural Packaging Market: By Country, 2018-2023
Table 4 Asia-Pacific Agricultural Packaging Market: By Country, 2018-2023
Table 5 RoW Agricultural Packaging Market: By Country, 2018-2023
Table 6 Global Agricultural Packaging Market, By Product, By Regions, 2018-2023
Table 7 North America Agricultural Packaging Market, By Product, By Country, 2018-2023
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